PESCO: The Last Chance
- EU and strategic partners,
- EU strategy and foreign policy,
- Europe in the World,
- European defence / NATO,
To the outside observer, Permanent Structured Cooperation (PESCO) equals the long list of projects rather than the 20 binding commitments that were hailed as a game-changer when PESCO was launched in 2017. At first sight, these 68 projects do not seem to work towards a single objective. Is the end of PESCO clear even to the initiated? It is not, in fact, and that remains the greatest obstacle to success. A (second) strategic review of PESCO is underway, but putting PESCO on the right track requires a fundamental overhaul.
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(Photo credit: Sven Biscop)