EIB President Nadia Calviño addressed the shifting global order during an interview with Bloomberg's Francine Lacqua at the 2026 World Economic Forum in Davos. Calviño emphasized that the EU's approach must be both pragmatic and firm in navigating these changes. Her comments come at a time when geopolitical tensions and economic shifts are reshaping international dynamics.

Calviño's message underscores the EU's need to balance its economic interests with its strategic autonomy. As the world grapples with rising competition from emerging markets and ongoing trade disputes, the EU must carefully calibrate its responses. This approach is particularly relevant as the bloc seeks to protect its industries while fostering innovation and growth.

The implications for businesses are significant. Companies operating across Europe and the US will need to adapt to potential shifts in trade policies and regulatory frameworks. Calviño's call for a pragmatic yet firm stance reflects the EU's commitment to defending its interests while maintaining open dialogue with key partners, particularly the US.

Looking ahead, market participants will be watching for specific policy initiatives from the EU to support its strategic objectives. As the global economy continues to evolve, the EU's ability to navigate these challenges will be crucial for maintaining its competitive edge and economic stability.