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Outcome of the meetings of EU leaders on 20 March 2025
With the geopolitical situation evolving rapidly in the first months of 2025, EU leaders had already convened three times in advance of their regular March meeting. Next to competitiveness – originally due to be the central focus point – the spring European Council meeting covered issues including Ukraine, the Middle East and European defence. On competitiveness, the EU-27 outlined precise directions to accelerate the EU's economic agenda, focusing on three priorities: cutting red tape, ensuring ...
Outlook for the meetings of EU leaders on 20-21 March 2025
The first quarter of 2025 has been a very busy one for the European Council, with EU leaders having already convened three times before their regular March meeting – once for an informal retreat on defence on 3 February, in a video-conference on 26 February and then for a special European Council meeting on 6 March. The increasingly complex geopolitical situation, as well as the current strains on the transatlantic relationship, make the regular March meeting a crucial one. According to the Leaders ...
Trade on the European Council agenda
The repeated crises of recent years, including the COVID pandemic and the Russian war on Ukraine, have disrupted trade relations in many ways. Competition on global markets has become fiercer and the rules-based multilateral order established after World War II is increasingly challenged. The tariffs imposed by the new United States (US) administration are adding to the uncertainty. Trade in goods and services accounts for 22.4 % of EU GDP – the EU is the world's biggest trading bloc and top trading ...
Outcome of the meetings of EU leaders on 7-8 November 2024
On 7-8 November, the European Political Community (EPC) held its 5th meeting in Budapest. The event gathered 42 European heads of state or government, among them the EU leaders, and was followed, for the European Council members, by a dinner and an informal meeting the next day. Beyond the official agenda, the outcome of the US presidential elections shaped the discussions. Amid Russia's continuing war of aggression on Ukraine and the escalating situation in the Middle East, the EPC summit, held ...
Competitiveness on the European Council agenda
Competitiveness is a multifaceted concept connected with the need to foster the EU's productivity, the most important driver of long-term growth. While competitiveness has always been an important focus of attention for EU leaders, the past years of multiple crises and an increasingly complex geopolitical situation have brought the topic to the forefront of the political agenda. Turning the EU into a strong and independent global actor supported by a robust economic base, as well as competitive products ...
Outlook for the special European Council meeting on 17-18 April 2024
The special European Council meeting on 17-18 April will be an important step towards agreeing on the EU's political priorities for the 2024-2029 period. The three main priorities are likely to centre on 'a strong and secure Europe', 'a prosperous and competitive Europe' and 'a free and democratic Europe'. EU leaders are also expected to adopt lengthy conclusions related to competitiveness, notably addressing the single market and the capital markets union. They will also address the war in Ukraine ...
The European Council and the economic governance review
The update of the EU's fiscal rules is almost complete – in time to be adopted ahead of the legislative break for the 2024 European elections. There has been a long-standing need to update the EU economic governance framework to make it better suited to the current and future challenges the EU is facing. The existing rules have formed over time since the 1992 Maastricht Treaty. The outbreak of the COVID-19 pandemic in March 2020 saw the activation of the 'general escape clause' in the rules, giving ...
Key Issues in the European Council - State of play in March 2024
This EPRS publication, 'Key issues in the European Council', which is updated every quarter to coincide with European Council meetings, seeks to provide an overview of the institution's activities on major EU issues. It analyses 12 broad policy areas, explaining the legal and political background, the main priorities and orientations defined by the European Council and the results of its involvement to date, as well as some of the future challenges in each policy field.
Economic impact of Russia's war on Ukraine: European Council response
Thursday, 24 February 2022 was a turning point in European history. Overnight, Russia launched a brutal war of aggression on Ukraine, an independent European nation. Two years after the start of the war, its negative effects have been far-reaching. In addition to the harrowing human cost of the war, the economic impact has been devastating in Ukraine itself, but also substantial for the European Union and the world more widely. In the EU, the economic recovery following the COVID-19 pandemic has ...
European Council conclusions: A rolling check-list of commitments to date
The role of the European Council – to 'provide the Union with the necessary impetus for its development' and to define its 'general political directions and priorities' – has evolved rapidly over the past decade. Since June 2014, the European Council Oversight Unit within the European ºÏ·¨²©²ÊÍøÕ¾ary Research Service (EPRS), the European ºÏ·¨²©²ÊÍøÕ¾'s in-house research service and think tank, has been monitoring and analysing the European Council's delivery on commitments made in the conclusions of ...