Cyprus Times

DW: "Merconi," the New Power Duo and Macron's Response

Published February 14, 2026, 09:10
DW: "Merconi," the New Power Duo and Macron's Response

Italy is emerging as a strong economic power in Europe, challenging France's dominance under Macron, who is facing difficulties. Despite stereotypes, Italy is the third-largest economy in the Eurozone and a net contributor to the EU budget, giving more than it receives in subsidies. This economic background gives Italy the potential to claim a leadership role in the European Union. The collaboration between German Chancellor Olaf Scholz and Italian Prime Minister Giorgia Meloni, referred to as "Merconi," appears to be a new alliance challenging French positions on key issues such as modifying European laws and trade agreements. This agreement marks a shift in the balance of power in Europe. Macron, facing internal difficulties and an inability to approve a budget, is under pressure. The French government disagrees with Germany and Italy on significant policy issues, such as increasing competitiveness and ratifying trade agreements. The disagreement over the issuance of "euro-bonds" for defense spending adds another dimension to the confrontation. The new dynamic between Berlin, Paris, and Rome creates a "complex triangular relationship." Although Macron hasn't yet had the last word, the rise of Italy and Germany as strong partners challenges the traditional France-Germany axis in the European Union.