05 March 2025
Funding Europe’s Defence
History is on the move. In just a couple of weeks, Europe has seen its security architecture tested as never before since World War II. Now, the European Union must demonstrate its ability to take control of its own destiny and turn the vision of a common European defence into reality. With ReArm Europe, the Union wants to “meet the moment” and affirm that it is “ready to assume its responsibilities”. While the plan represents a crucial first step towards strengthening European defence, it does not introduce any groundbreaking measures. Its predominant reliance on national defence spending constitutes an important limitation. Continue reading >>
0 
27 October 2018
The Italian Budget Drama – Brussels and Rome on Collision Course
The EU Commission has, for the first time, rejected a budget plan of a member state. While the Italian government drums its chest and the markets get increasingly nervous, the situation remains deadly serious. It is moreover deeply symptomatic of the potential, limits and fundamental shortcomings of the current architecture of Eurozone fiscal governance. Continue reading >>21 September 2016