The continental Europe seems to be in irreversible decline now. EU should realise that US is an enemy and competitor, and act accordingly. Handing over the Russian resources and market to China was a monumental mistake and act of self harm. They allowed China to push them out of Africa, a continent which is much closer to Europe than China.
Unfortunately the only forces which maybe able to fix this are the far right parties. They need to win the elections, clear the continent from American military presence, dismantle NATO and establish new EU security alliance, and start winning back the markets. Hopefully AFD will show some great numbers next month with the elections. However the main competitor - China is racing away, and the damage may be irreversible.
https://www.voanews.com/a/german-far-right-leader-questions-nato-membership-/7901894.html