The ambitious budgetary compromise at the EU summit in July 2020 proves that a rethink is underway in Europe. For the first time, EU member states agreed on a common European debt to finance the reconstruction of the European economy in the wake of the Corona crisis. This was only possible thanks to the close collaboration of the Franco-German couple with an ambitious European Commission. In a world full of tensions and conflicts, Europe must develop its own power agenda and forge a stronger sense of belonging. Only in this way can it assert its sovereignty and meet the expectations of its citizens.