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The continent is facing a sector-specific problem that will spread if reform is not forthcoming

Also in this newsletter: How the EU’s incoming trade commissioner wants to police online retailers

Plus: the view from Brussels on resetting relations with London

Current EU structures discourage joined-up thinking in pursuing geostrategic goals

Plus: Meet the probable head of the EU’s new fraud watchdog

America has cultural and structural advantages that governments can’t close

Donald Trump has threatened the EU with tariffs unless the bloc steps up LNG imports

Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remain

The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at home

Also in this newsletter: Kosovo bank raids inflame EU and US