The European Union should transition to a wartime economy mode due to potential future threats from the Russian Federation, said President of the European Council Charles Michel. In his letter, Michel pointed out that against the backdrop of Russia’s war against Ukraine, Europe is facing a pivotal moment. Specifically, EU countries require urgency, intensity, and unwavering resolve in their actions. Additionally, Europe must focus on the effective implementation and enforcement of sanctions, as well as advancing efforts to utilize unexpected revenues from frozen Russian assets. “This is also a…