French President Emmanuel Macron has urged Europe to assert itself on the world stage, saying it is time to start acting like a “power”.

In the face of growing threats from China, Russia and now the US, he told a group of European newspapers that the continent faced a “wake-up call”.

"Are we ready to become a power? This is the question in the field of economy and finance, in defence and security, and in our democratic systems.

“In another era we might have said it is the moment to ‘assume our majority’,” he said ahead of an EU summit in Brussels later this week.