Big question at new European club's first summit: what is it for? | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
July 17, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JULY 17, 2025
Big question at new European club's first summit: what is it for?

Europe

Reuters
06 October, 2022, 09:05 am
Last modified: 06 October, 2022, 09:08 am

Related News

  • Renata earns EU GMP certification, eyes expansion in global markets
  • EU to invest €1b in Bangladesh, plans to double
  • Israel may have breached EU agreement, bloc's foreign policy arm says
  • Trump calls for 50% tariff on EU, starting June 1
  • Cross-border assistance work only when individuals are safe on both sides: EU

Big question at new European club's first summit: what is it for?

Reuters
06 October, 2022, 09:05 am
Last modified: 06 October, 2022, 09:08 am
European Council President Charles Michel, European Commission President Ursula von der Leyen and French President Emmanuel Macron attend a news conference during a European Union leaders summit in Brussels, Belgium June 24, 2022. REUTERS/Johanna Geron/File Photo
European Council President Charles Michel, European Commission President Ursula von der Leyen and French President Emmanuel Macron attend a news conference during a European Union leaders summit in Brussels, Belgium June 24, 2022. REUTERS/Johanna Geron/File Photo

Leaders of 44 European countries gather on Thursday for the inaugural summit of the European Political Community (EPC), a grand show of solidarity for a continent mired in multiple crises, but beyond that it is unclear what the forum is meant to achieve.

A brainchild of French President Emmanuel Macron, the EPC brings together the 27 member states of the European Union and 17 other countries, including several waiting to join the bloc and the only one ever to leave it, the United Kingdom.

An EU diplomat said the gathering of so many leaders in Prague would send "a very strong signal" to Russian President Vladimir Putin of opposition to the war unleashed in Ukraine after his February invasion.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Diplomats say no such Europe-wide grouping exists, and this is a good moment to forge one as the whole continent grapples with consequences of the war, including the threat to peace and security and an economically devastating energy crisis.

But, on the eve of the gathering, EU foreign policy chief Josep Borrell said with so many leaders meeting for just half a day it could only be "an initial exchange," and there were still unresolved questions about the forum's ultimate goal.

In a blog, Borrell said clarity was still needed on the EPC's core rationale, the forum's final membership, its relationship with the EU, how it should take decisions and even whether it should have a budget of its own.

Some have already written off the EPC as just another talking shop, one that will be difficult to manage not just because of its size but also because of its diversity and the traditional rivalries between many of its members, from Armenia and Azerbaijan to Greece and Turkey.

Still, Mujtaba Rahman, Eurasia Group's managing director for Europe, said it could present an opportunity for the EU to advance its strategic goals on energy supply, migration, security and defence.

He said British Prime Minister Liz Truss's decision to attend the summit could also facilitate a reset of ties between Brussels and London that have been frayed by post-Brexit wrangling over Northern Ireland.

The meeting in Prague Castle, a sprawling complex founded more than a 1,000 years ago that includes a cathedral and cobblestone streets, will be followed on Friday by a meeting of EU leaders.

This summit will be dominated by how to cap gas prices to contain soaring energy costs.

Diplomats said the EU summit would probably also include tensions over Germany's announcement of a 200 billion euro ($197.50 billion) support package for businesses and households that other member states could never afford.

 

Top News / World+Biz

European Political Community (EPC) / EU

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • National Citizen Party (NCP) Convenor Nahid Islam speaks at a press conference in Khulna on 16 July 2025. Photo: TBS
    Gopalganj attack: Nahid demands arrest of culprits within 24 hours
  • Photo: TBS
    Gopalganj under heavy security as tension persists amid curfew
  • The supporters of local Awami League and Chhatra League locked in a clash with police following attacks on NCP convoy this afternoon (16 July). Photo: Collected
    Gopalganj under curfew tonight; 4 killed as banned AL, police clash after attack on NCP leaders

MOST VIEWED

  • 131 foreigners were denied entry into Malaysia by their border control. Photo: The Star
    96 Bangladeshis denied entry at Kuala Lumpur airport
  • Double-decker school buses are lined up in a field in Chattogram city. The district administration has proposed modernising the buses to ensure security and convenience for school students. Photo: TBS
    Country's first smart school bus in Ctg faces shutdown amid funding crisis
  • A file photo of people boarding the government-run Betna Express at a railway station. The train operates on the Benapole-Khulna-Mongla route via Jashore. Photo: TBS
    Despite profitability, Betna Express rail service handed over to pvt sector
  • Bangladesh Bank buys $313m more in second dollar auction in three days
    Bangladesh Bank buys $313m more in second dollar auction in three days
  • Representational image. File Photo: Syed Zakir Hossain/TBS
    Malaysia grants Bangladeshi workers multiple-entry visas
  • People enter and loot Ganobhaban, the Prime Minister’s residence, following the resignation of Sheikh Hasina in Dhaka, Bangladesh, on August 5, 2024. Photo: TBS
    Govt to spend Tk111cr to turn Ganabhaban into July Mass Uprising Memorial Museum

Related News

  • Renata earns EU GMP certification, eyes expansion in global markets
  • EU to invest €1b in Bangladesh, plans to double
  • Israel may have breached EU agreement, bloc's foreign policy arm says
  • Trump calls for 50% tariff on EU, starting June 1
  • Cross-border assistance work only when individuals are safe on both sides: EU

Features

Abu Sayeed spread his hands as police fired rubber bullets, leading to his tragic death. Photos: Collected

How Abu Sayed’s wings of freedom ignited the fire of July uprising

1d | Panorama
Illustration: TBS

Open source legal advice: How Facebook groups are empowering victims of land disputes

2d | Panorama
DU students at TSC around 12:45am on 15 July 2024, protesting Sheikh Hasina’s insulting remark. Photo: TBS

‘Razakar’: The butterfly effect of a word

2d | Panorama
Photo: Collected

Grooming gadgets: Where sleek tools meet effortless styles

3d | Brands

More Videos from TBS

NCP leaders safely in Khulna from Gopalganj.

NCP leaders safely in Khulna from Gopalganj.

4h | TBS Today
July 16 returns with sadness and pain

July 16 returns with sadness and pain

4h | TBS Today
China's economy not hit by Trump's tariff war

China's economy not hit by Trump's tariff war

5h | Others
News of The Day, 16 JULY 2025

News of The Day, 16 JULY 2025

7h | TBS News of the day
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net