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This paper covers possible defence financing and spending options under the European economic governance framework by reviewing the proposal for a ReArm Europe plan floated by the President of the Commission Ursula von der Leyen. The paper also analyses flexibilities under the EU budget, EIB and ESM financing while also assessing potential market challenges and public procurement. This paper has been updated with information from the European Commission's White Paper for European Defence Readiness ...

The emergence of EU defence ETFs

Ve stručnosti 19-03-2025

The European Union's defence industry requires a major increase in private investment due to the evolving geopolitical landscape. The emergence of new EU defence exchange-traded funds (ETFs) that hold shares in the underlying companies could encourage this investment and provide EU defence firms with dearly needed capital.

Plenary round-up – March 2025

Ve stručnosti 14-03-2025

The future of European Union defence unsurprisingly topped the March 2025 plenary session agenda. Members held a debate on Europe's security architecture and the EU's unwavering support for Ukraine, in the presence of the Presidents of the European Council, and European Commission. Debates also took place on the conclusions of the 6 March special European Council meeting and preparation of the regular meeting on 20 21 March 2025. Members marked International Women's Day with addresses from guests ...

Europe must swiftly address huge challenges, in the face of a rapidly shifting geopolitical landscape and major fiscal policy changes. With an increasingly protectionist United States (US) on one side and China becoming an ever-more direct competitor across industries on the other, Europe's economic future is fraught with uncertainty. In these testing times, the Next Generation EU (NGEU) recovery instrument, which has contributed to the EU economy's swift rebound from the COVID-19 crisis, is expected ...

This study first analyses the existing European security architecture, as it has emerged since World War II. It does so from an organisational perspective, looking at NATO, the OCSE and EU defence policy, as well as from a series of national country perspectives, trying to find underlying motives for national defence policies. After looking at recent policy responses to the Russian invasion of Ukraine in the pivotal years since 2022, five scenarios for a possible future European security architecture ...

The EU's integration, from the establishment of the European Economic Community in 1957 to the welcoming of 13 European countries in the 2004-2013 period, has been lauded for boosting economic development and living standards across the continent, bringing dynamism and new perspectives as well as enhancing Europe's geopolitical weight on the global stage. This economic development has been accompanied by dramatic improvements in life expectancy, gender equality and protection of the environment. ...

Greenland is a self-governing Arctic island within the Kingdom of Denmark, which strives for economic self-sufficiency and future independence. This representative democracy of 56 542 inhabitants will elect 31 members to Greenland's Ϸվ on 11 March 2025. These parliamentary elections are taking place against the fraught background of rising geopolitical tensions. In the context of a heating – literally and figuratively – Arctic, Greenland is a focus of geopolitical competition and growing ...

European Union leaders met in Brussels on 3 February 2025, for their first-ever meeting dedicated solely to defence issues. In the current challenging geopolitical context, the purpose of this first meeting of EU Heads of State or Government in 2025 - described as an 'informal retreat' - was to make 'progress in discussions on building the Europe of defence'. The 'frank, open, and free discussion' covered three main issues: i) defence capabilities, ii) financing EU defence priorities, and iii) strengthening ...

Rising geopolitical tensions and dependencies on digital infrastructure belonging to foreign providers are triggering concerns that the European Union's technological sovereignty might be under threat. Connectivity infrastructure such as submarine cables, mobile technologies and satellites underpin the digital services used by EU citizens, businesses and governments. Being dependent on foreign providers of such infrastructure calls for a strategic approach to balancing technological efficiency with ...

Migrant smuggling is a key activity for criminal networks operating in the EU, sustained by continued demand for facilitation services. Geopolitical and socioeconomic instability worldwide, as well as climate change, are expected to keep driving migratory movements. Migrant smuggling is a high-profit, low-risk business, and the criminal groups involved are increasingly sophisticated, professional and violent. Many of those who willingly pay smugglers to help them cross borders do so at great personal ...