Ursula von der Leyen has officially begun her second term as President of the European Commission on November 27, 2024, emphasizing the urgent need for Europe to enhance its defense capabilities and economic competitiveness. In her address to European lawmakers in Strasbourg, von der Leyen stated that her team is prepared to tackle the bloc's challenges immediately, including the ongoing threats posed by geopolitical tensions and economic instability. She highlighted the importance of a united European front in addressing these issues and reaffirmed her commitment to strengthening the EU's defense initiatives and economic policies. [da78f351]
Previously, von der Leyen had been re-elected with the backing of 401 Members of the European Parliament (MEPs), surpassing the required majority. Her first term focused on climate change and the EU's response to the COVID-19 pandemic, but her second term marks a shift towards prioritizing defense and economic reforms. She plans to establish a European defense union, create a European Savings and Investment Union, and propose a legally binding target to cut emissions by 90% by 2040. [b2dde337]
In a strategic move, von der Leyen has appointed commissioners from Spain, Italy, and France to key economic roles within the European Commission. These appointments reflect a push for increased joint spending, relaxed budget deficit rules, and a more interventionist economic strategy. This shift comes in response to concerns over the EU's economic competitiveness, as voiced by former Italian Prime Minister Mario Draghi. Von der Leyen's administration is expected to balance these economic initiatives with ongoing commitments to climate action. [88338cb3]
Furthermore, Poland's Piotr Serafin has been appointed to oversee the EU budget for the period 2028-34, which will significantly shape the financial landscape of the union. Von der Leyen's administration also aims to triple the number of border guards and develop an affordable housing plan, addressing both security and social issues within the EU. [f234f019]