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Cyprus Presidency Faces EU-US Crisis and Push for Two-Speed Europe

Published January 29, 2026, 05:11
Cyprus Presidency Faces EU-US Crisis and Push for Two-Speed Europe

Cyprus, assuming the presidency of the European Council, is facing a crisis in EU-US relations, despite some de-escalation following the meeting in Davos. Simultaneously, Germany and France are promoting the idea of a two-speed Europe, with the creation of a 'steering group' of six major economies that would make decisions without the consent of all 27 countries. This proposal has sparked reactions, as it is considered divisive and downgrades the role of smaller member states. The German Finance Minister argues that such a structure is necessary for Europe to address growing geopolitical insecurity and sluggish growth. This idea is linked to the criticism of the EU's slow decision-making processes by the Trump administration.