Does Europe have the ability to create a globally serious military?

Could Europe build technologically competitive military power at a meaningful scale?

How long would it take to achieve?

Seems Europe can build good gear (Rafale, various tanks and missiles)....but is it good enough?

Could Europe achieve big enough any time soon?

(Edit: As an Irishman, it's effing disgusting to see (supposedly) Irish people on here with comments that mirror the all-too-frequent bullshit talking points that come straight from the Kremlin)
(Edit 2: The (supposedly) Irish have apparently deleted their Kremlin talking points. )