On 1 July, Austria will take over the rotating presidency of the Council of the European Union for the third time. As Paul Schmidt notes, since the Treaty of Lisbon entered into force in December 2009, the role of the presidency has fundamentally changed. He assesses how much room for manoeuvre this leaves to make a difference, and what […]
A European Deposit Insurance Scheme (EDIS) has been proposed as part of efforts to complete the European Banking Union, but some actors have raised concerns about the implications of banks with non-performing loans entering the EDIS. Presenting findings from a recent study, Markus Demary writes that some banks are not yet ready for a European Deposit Insurance Scheme and that vast amounts of money will […]
How the Eurozone will be governed in the future is a matter of much debate and is expected to form a key part of the European Council meeting on 28-29 June. Kevin Featherstone argues that the debate is neglecting a key set of questions: how can its governance be made more democratic and accountable? The answers to these questions will […]
The EU steel industry faces major challenges in the shape of rising prices for raw materials, fierce competition from international producers, and global overcapacity. Niccolò Pisani and Emilio Riva explain that the reaction to these problems has often been to advocate increased market concentration. However, the disruptive influence of artificial intelligence and growing anti-globalisation sentiment, epitomised by Donald Trump’s decision to impose a […]
Criticism of the EU’s ‘democratic deficit’ has become increasingly prominent since the financial crisis. Firat Cengiz writes that democracy in the EU would benefit from methods allowing citizens to participate more directly in policymaking. She argues for a form of deliberative democracy to be implemented at the European level and provides some practical suggestions for how this could be […]
Both the French and German governments have recently expressed a desire to avoid budget deficits. Bob Hancké examines the history of a ‘dangerous idea’ – Ordoliberalism, or the belief that balanced budgets produce growth.
At what was probably the most unpropitious moment in recent economic history to make the claim, US President Richard Nixon declared that we ‘are all Keynesians […]
The European Central Bank was established 20 years ago today on 1 June 1998. To mark the anniversary, we asked five academics to give their views on the lessons learned from two decades of the ECB, and their predictions on what might lie in store for both the ECB and the euro over the next 20 years.
Paul De […]
European integration was once thought of as a largely technocratic process built around consensus, but the last decade has seen the work of the EU’s institutions become heavily politicised. Presenting evidence from a new study, Reinout van der Veer highlights just how pervasive the effect of this politicisation has been.
Our post-Brexit era makes it hard to imagine that there […]
The International Monetary Fund (IMF) has a major role in promoting ‘sound’ economic policies. But as Ben Clift writes, there have been important evolutions in the IMF’s economic ideas since the global financial and Eurozone crises. The IMF is now often at odds with some European leaders over key issues, undermining the notion that economic policy can be viewed […]
Do European governments call referendums on EU matters because contextual circumstances make them ‘politically obligatory’ or because ruling politicians believe they are the ‘appropriate’ decision-making mechanism? Aude Bicquelet-Lock and Helen Addison argue that, contrary to these suggested reasons, politicians have the freedom to choose whether and when to use referendums strategically to achieve their domestic and European policy objectives.
In Europe Reset: New Directions for the EU, Richard Youngs looks at the issue of democracy in Europe, identifying a crisis rooted in alienation from the prevailing model of integration and proposing new initiatives for democratic participation by citizens. While the book largely focuses on democracy on the supra-national level, which may overlook the need for improvement both nationally and sub-nationally, this […]
Eurorealist or Eurosceptic? Assessing the future of the European Conservatives and Reformists after 2019
The European Conservatives and Reformists (ECR) are currently the third-largest group in the European Parliament, but with Brexit set to deprive the group of one of its largest members – the UK’s Conservative Party – there is uncertainty about the ECR’s future trajectory. Martin Steven writes that despite Brexit, there is every indication the ECR will continue after the […]
What the European Commission’s 2018 country reports say about national parliaments in the Western Balkans
The European Commission recently published its annual reports on six EU candidate countries and potential candidates in the Western Balkans. Blerim Vela examines what the reports had to say about national parliaments in the region. He notes that several of the parliaments have experienced opposition boycotts and disruption in recent years, underlining the challenges associated with ensuring parliamentary procedures […]
Following months of coalition negotiations, a new German government has finally taken office. But what does the new government mean for the EU? Alessandra Pozzi Rocco writes that with her next term in power now secured, Merkel has the chance to craft EU history further, notably by forging ahead on common defence and security.
Credit: European Council President (CC BY-NC-ND […]
Self-driving cars are expected to provide a number of potential benefits, such as reducing road deaths, but the technology is still in its infancy and important questions remain over how policymakers should regulate their use. Robert Braun argues that when thinking about autonomous cars we should not ask questions simply about autonomous technology, but rather about the car itself. […]
There seems to be a strong convergence of interests between the Greek government, the European Commission and Eurozone Member States (and the IMF): they all want a clean exit from the Third Economic Adjustment Programme for Greece. Lorenzo Codogno explains that political motivations may well collide with the need to reduce risks and favour a smooth and successful return […]
Less than half of all working-age Italian women are in employment, with only South Korea, Japan, Mexico, Portugal and Turkey having a worse gender balance among OECD countries. Alessia Forti examines the obstacles that prevent women from entering the workforce in Italy and what can be done to redress the balance.
When the global economic crisis bit deep after 2008, […]
Several leading European politicians, including French President Emmanuel Macron, have recently spoken on the need to pursue an ambitious EU reform agenda. Hans Kundnani writes that the EU has already undergone a substantial transformation over the last decade, but that the trajectory of these changes should give cause for concern. He identifies the shift toward a more ‘German Europe’, […]
The president and prime minister of the Czech Republic are both Eurosceptics, and there has been speculation that the country might follow the UK out of the EU. But, argues Benjamin Whitlock, this overlooks a long history of cultivating a ‘European’ Czech identity, in which the country and its predecessors are placed firmly in a European intellectual tradition. This contrasts […]