In Budapest, European leaders convene for the ‘European Political Community’ summit, highlighting the necessity of enhancing European defense and resource allocation in response to global issues. Greek Prime Minister Kyriakos Mitsotakis emphasizes the importance of a strong transatlantic relationship and the need for realism among Europeans. The agenda will be dominated by the implications of the recent US elections, along with urgent topics such as security challenges, migration, and economic safety. A pivotal discussion on European competitiveness will feature insights from former Italian Prime Minister Mario Draghi.