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Opinion
Maria Tadeo

Europe Can’t Go Into Winter Thinking All Is Lost

France’s Macron says it’s the end of an era of abundance. Although leaders must be clear about challenges ahead, they shouldn’t be defeatist.

French President Emmanuel Macron.

French President Emmanuel Macron.

Photographer: LUDOVIC MARIN/AFP

It’s la rentrée. 

Europe is getting back to business after its summer break — but this year feels like jumping into a cold shower. Just listen to Emmanuel Macron. The French President told his ministers during their first formal gathering last week that a new paradigm is on the horizon — it’s the end of abundance in a care-free world.