https://eng.globalaffairs.ru/articles/a-future-for-europe/

"In December 2017, more than a year after the Brexit referendum in the United Kingdom, the Brussels branch of the Spanish think tank Real Instituto Elcano published a Policy Paper[1] in which it presents four scenarios for Europe’s long-term future,...

The first scenario depicts Europe as prey to external actors and internal competition. The special relationship with the U.S. is history, NATO passé, and the EU irrelevant. The second scenario, by ULB Professor and Senior Research Fellow at Egmont Institute Alexander Mattelaer, envisions a European Union that will rule Europe and have a significant hand in determining world events. In the third scenario, the West is experiencing a rebirth. The transatlantic framework led by the U.S. and the UK determines the course of events in Europe and how Europe positions itself in the world. Finally, the fourth scenario shows how the Chinese Belt and Road Initiative has brought Europe closer together economically, politically and militarily-strategically.

Europe as western peninsula of Greater Eurasia
In his book, Europe as the Western Peninsula of Greater Eurasia, Norwegian professor Glenn Diesen sees an interesting alternative for Europe. ...
Diesen outlines how the contemporary West as a region is actually an accident of history. ...

Today, however, Europe is facing a dilemma: in a multipolar world, over-reliance on the U.S. is no longer tenable.

The U.S. will demand great geoeconomic loyalty in its rivalry with China and Russia, to the detriment of the national interests of individual member states.

Global economic power as a geoeconomic region

Diesen’s theoretical introduction leads right to his analysis of developments in the European Union and Eurasia. The world has changed geopolitically and geoeconomically. China is ending the unipolar era and is warming up to geoeconomic leadership. It is making efforts with Russia to integrate Europe and Asia into one Eurasian geoeconomic region. Diesen’s ideas are at odds with traditional thinking in the West. Unlike the fourth Elcano scenario, in which China settles into the center of Europe via a divide-and-rule policy and member states become increasingly dependent, there is no dominant economic power in Diesen’s perspective. Greater Eurasia collectively acquires global economic power as a geoeconomic region.

In Diesen’s book, the Russian-Chinese strategic partnership is at the heart of that Greater Eurasia. Should that partnership acquire sufficient geoeconomic power, it can effectively integrate Europe and Asia into a Eurasian supercontinent."