Preparing for Diplomatic Failure: Why Europe Is Investing in Security and Resilience

Simon Coveney speaking on Europe’s security and resilience. Photo: Brian Meade / The Currency.

This post references a recent interview with Simon Coveney published by The Currency, which can be read in full here.

In a wide-ranging interview with The Currency, Fulcrum founding partner, Simon Coveney, argues that Europe must be prepared for the failure of diplomacy by investing seriously in security, resilience and defence-enabling technologies. Drawing on his experience as foreign and defence minister, Coveney frames Fulcrum’s mission as explicitly non-kinetic: backing technologies that protect critical infrastructure, economies and democratic systems in an era of hybrid threats. He positions rising European defence and resilience spending as policy-backed, structural and aligned with long-term investor demand, while warning that Ireland risks reputational and strategic exposure if it continues to underinvest in its own security.