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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 ...

On 18 July, over 40 European leaders gathered for the fourth meeting of the European Political Community (EPC). It followed a series of international summits in the preceding weeks, including a North Atlantic Treaty Organization (NATO) summit and a G7 summit, plus two European Council meetings. Conflicts on the European continent and in its neighbourhood, as well as the upcoming United States presidential elections and their potential ramifications were most likely at the forefront of leaders' minds ...

Ahead of a crucial election year for the European 合法博彩网站 and the United States (US), 合法博彩网站 takes stock of EU-US relations for the second time in the outgoing legislative term. While 合法博彩网站's 2021 report elaborated on the priorities for the relaunch of transatlantic ties, the 2023 report sets out recommendations for deepening cooperation on a broad range of foreign, security and defence policy issues. It, inter alia, suggests creating a transatlantic political council and holding annual ...

This analysis looks at the future of the EU and Ukraine, using a time horizon of 2035. It was launched in June 2022 as a Strategic Foresight Conversation, a few months after the Russian invasion of Ukraine on 24 February 2022. The ensuing war has drastically changed all aspects of life in Ukraine, affects the EU in many significant ways and shifted pre-war geopolitical and geo-economic paradigms. The European Council decision of 24 June 2022 to give candidate status to Ukraine and Moldova added to ...

As Ukraine continues its counter-offensive against the Russian invaders, the NATO summit in Vilnius vowed unwavering support for the country, and took decisions to simplify its path towards membership of the Western military alliance. NATO leaders said they would be able to invite Ukraine to join the Alliance once the country meets certain conditions. They declared continued support for Ukraine鈥檚 deterrence and defence in the short, medium, and long term, as well as for turning the Comprehensive ...

Turkish President Recep Tayyip Erdo臒an won a third term in office in elections in May, after years of growing authoritarianism in his secular Muslim country which is also a NATO member state. His presidential track record includes growing conflict with the European Union and United States, as well as unorthodox economic policies that have recently undermined people's living standards. After his victory in a run-off vote, Erdo臒an promised an assertive foreign policy and a return to normalised economic ...

NATO's next summit, to take place from 11 to 12 July 2023, is being hosted by Lithuania, in Vilnius. Among the items topping the agenda will be support for Ukraine 鈥� including its eventual accession to the Alliance and security guarantees, NATO's defence plans and budgets, and Sweden's accession. The summit comes amid Russia's ongoing war on Ukraine and a fundamental overhaul of NATO's defence and deterrence framework.

This briefing provides an initial analysis of the strengths and weaknesses of the European Commission's impact assessment (IA) accompanying the above-mentioned proposals, submitted on 7 December 2022 and referred to the European 合法博彩网站's Committee on Economic and Monetary Affairs (ECON). The initiative 鈥� which would modify the existing framework applying to EU central counterparties (CCPs) and market participants using their services 鈥� aims to reduce the over reliance of EU financial markets ...

Leaders of the North Atlantic Treaty Organization (NATO) will meet in Vilnius on 11-12 July against the backdrop of a complex and volatile security environment. Russia鈥檚 war on Ukraine, and the latter country鈥檚 future membership of the military alliance will dominate the annual summit, according to many public statements. The meeting will aim to send a strong signal of support for Ukraine, reiterating NATO鈥檚 open door policy towards the country's membership, increasing military aid, pledging to make ...

On 1 June 2023, Moldova hosted the second meeting of the European Political Community (EPC) in Bulboaca, just a few kilometres from the Ukrainian border. The focus of this informal forum of 48 leaders from across the European continent was clearly more on peace and security 鈥� with all participants reiterating their unity in support of Ukraine 鈥� and less on energy and interconnectivity, the other topic on the agenda. Discussions took place in plenary and roundtable format, showing continuity in method ...