Iskanje
Conscription as an element in European Union preparedness
Once considered an issue of the past, conscription has increasingly made its way back onto European, EU and global policy agendas in recent years, mainly since Russia's invasion of Ukraine in 2022. As EU defence policy has steadily progressed, with new procurement initiatives and defence industry reinforcement, a parallel discussion on the EU's armed forces is evolving in the context of the EU's common security and defence policy (CSDP). Europe's civilian and military preparedness and readiness has ...
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 ...
Unpredictable Tariffs by the US: Implications for the euro area and its monetary policy
Were the US to impose large and lasting tariffs on its imports from the EU, the effect on the euro area (EA) would be substantial and far-reaching. We expect the direct impact to be inflationary in the US and contractionary on EA aggregate demand and output. The indirect impact through an appreciation of the dollar (partly already occurred) tends to transfer inflation from the US to Europe. The ECB should be mindful that both deflationary and inflationary influences may ensue, and be ready to adjust ...
Outcome of the special European Council meeting of 6 March 2025
In a context of high uncertainty on the future of European security, EU leaders held a special European Council meeting on 6 March 2025 to discuss common action aimed at enhancing Europe's sovereignty in the field of defence as well as to reiterate their unwavering support to Ukraine in light of the latest developments. The EU-27 took significant steps to accelerate defence preparedness, agreeing in particular on new instruments to finance defence investment at multiple levels. Regarding Ukraine, ...
Outcome of the EU leaders' retreat on 3 February 2025
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 ...
EU-US Trade and Technology Council: The end of the legislative cycle could mark a turning point
The European Union-United States Trade and Technology Council (TTC), which has been meeting twice a year since 2021, seeks to revitalise transatlantic cooperation, boost bilateral trade and investment, and strengthen the parties' technological and industrial leadership while preserving shared values. The bi-annual ministerial meetings steer cooperation within the TTC and guide its work in areas such as technology standards, secure supply chains, tech regulation, global trade challenges, climate and ...
EU-US Trade and Technology Council
The EU-US Trade and Technology Council (TTC) has met five times since 2021, aiming to boost transatlantic cooperation and alignment. The latest meeting on 30-31 January 2024 was a lower-key interim event paving the way for the next TTC in April. Experts see its usefulness, but call for reform of the TTC so that it can be permanent.
EU-US relations
Ahead of a crucial election year for the European Ϸվ and the United States (US), Ϸվ takes stock of EU-US relations for the second time in the outgoing legislative term. While Ϸվ'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 ...
Inflation and monetary policy across the Atlantic: A comparison
Under the stress test of the inflation process, the two central banks' stances across the Atlantic share similarities but show also significant differences. Similarities and differences are reflected also in inflation dynamics in the US and the euro area. Differences are mainly due to the mix of factors that originated the take-off of inflation, some structural features of the economies, the institutional contexts and associated fiscal stances. This document was provided by the Economic Governance ...
EU-US Trade and Technology Council: Political alignment yields results
The European Union-United States Trade and Technology Council (TTC), which has met twice a year since 2021, aims to revitalise transatlantic cooperation, boost bilateral trade and investment, and strengthen the parties' technological and industrial leadership while preserving shared values. The bi-annual ministerial meetings steer cooperation within the TTC and guide its work on areas such as technology standards, secure supply chains, tech regulation, global trade challenges, climate and green technologies ...