Whatever the economic merits and demerits of this deal, politically it's a disaster, as this article indicates. There wasn't even an attempt to sell this to the public. But as there are no elections until 2028, I expect major changes in strategy in a year or so, otherwise the center-right parties in charge now will be wiped out in favor of the anti-American factions of the far right and far left.
My suspicion is that there's a quid-pro-quo regarding Ukraine. Economically, the EU is in a strong position, but militarily, a mercurial US has the EU over the barrel due to the Ukraine war.
I predict that Europe's notoriously hard-nosed negotiators (Brexit) will ramp up the pressure as the midterms get closer and if the situation in Ukraine improves.
My suspicion is that there's a quid-pro-quo regarding Ukraine. Economically, the EU is in a strong position, but militarily, a mercurial US has the EU over the barrel due to the Ukraine war.
I predict that Europe's notoriously hard-nosed negotiators (Brexit) will ramp up the pressure as the midterms get closer and if the situation in Ukraine improves.