De Somer, Maria
While the multiple crises of recent years are slowly but surely giving way to a renewed optimism about the European project, one
of the European Union’s most symbolic and tangible achievements, the Schengen area, is not out of the danger zone yet. Rather,
political pressures on maintaining a free movement area without internal border controls seem as high as they were at the height
of the 2015 ‘refugee crisis’. Because of the sustained unwillingness of some member states to lift internal border controls, the
EU’s policies on Schengen are strongly dominated by intergovernmental interests, reviving memories of the system’s early days
outside the EU legal...
Both the UK and the EU want to continue cooperating closely with one another on defence and security issues after Brexit. But how this ‘close relationship’ will come about, or what it will look like is less clear. In this Policy Brief, Fraser Cameron presents us with the different options for the future, and argues that the development of the UK’s post-Brexit relationship with the EU on foreign and security policy will mainly depend on three things: First, the broader positioning of the UK in global affairs. To what extent will it seek to act autonomously, and to what extent...
Over the past three years, a distinct change has become visible in the ideological discourse of the government of Belarus. To an increasing degree, the state ideology is focusing on strengthening national identity, emphasising the divergence of Belarus’s interests from those of Russia, and re-examining the historical narration in a direction which emphasises the distinctiveness of the history of Belarus from that of Russia. Above all, the government has changed its attitude towards the Belarusian language and culture. A campaign promoting the Belarusian language is being carried out on a large scale – under the auspices of state ideologues. The...
Chawryło (Jarzyńska), Katarzyna
Despite the fact that more than 60 years have passed since the death of Joseph Stalin, the leader of the USSR from 1922 to 1953, the memory of him remains alive. For several years running Stalin has topped the ranking of the most remarkable figures in Russia’s history. Portraits of him appear at political demonstrations and religious events; new monuments to the dictator are erected. The Kremlin’s official rhetoric increasingly refers to the positive aspects of the Soviet era, in particular to the victory in World War II. Representatives of the state’s administration and the Orthodox Church have been making...
No less than three substantive pieces of EU legislation have been proposed over the eightmonth
period from November 2016 to June 2017, modifying or complementing the original
EMIR Regulation of 2012. This contribution analyses the changes that have taken place in EU
OTC derivatives markets since the new rules were adopted, and discusses the three drafts. It
argues that the European Commission should have assessed risk management with CCPs in
more detail and should have proposed a more integrated architecture for the supervision and
resolution of CCPs. It further argues that the three proposals should have been part of one
single package to facilitate the legislative process...
Kostanyan , Hrant
In the midst of much political hyperbole, the 5th Eastern Partnership Summit on November 24th
will hopefully chart a pragmatic way forward in a host of sectors for citizens living in the region.
William Echikson, William Echikson
For most of the past decade, Mr. Echikson has specialized in providing communications and policy support to technology companies and public authorities on Internet policy issues in Europe. He worked for six and a half years at Google, during which he worked on many of the search giant’s most difficult issues, ranging from the launch of the Chrome browser, the fight over Google Books and the battle over the Right to be Forgotten.
Kilhoffer, Zak; Lenaerts, Karolien
The partnership between delivery platform Deliveroo and workers’ cooperative SMart has been
terminated, sparking new debate over workers’ rights in the platform economy.
Capital markets have reached different stages of development throughout Europe, and
matching the supply and demand of capital on a cross-border basis remains an elusive goal. As
a consequence, the participation of retail investors in capital markets as well as the size and
structure of the non-bank financial sector vary significantly across member states. In 2016, the
total financial assets of European households and the investment portfolios of asset managers,
insurers and pension funds amounted to over €35 trillion each.
Franco-German relations as the ‘engine’ of European integration are widely perceived to have stalled in recent years. This policy contribution assesses what the Franco-German relationship can achieve, what its shortcomings are, and what it means for the wider governance of the euro area and the European Union.
Sapir, André; Schoenmaker, Dirk
Two of the banking union’s pillars – common European supervision by the European Central Bank and common European resolution by the Single Resolution Fund – are up and running. But the third, common European deposit insurance, is still missing. The authors propose to design the EMF as part of a broader risk-sharing and market-discipline agenda.
In the vast domain of the internal market, ‘regulation’ is EU’s core business. Therefore, a good appreciation of European economic integration requires a sound analytical economic perspective of EU regulation. Since the Single European Act, economists have gradually improved the economic analysis of EU regulation. EU policy-makers began to accept cost/benefit analysis with the Maastricht treaty and nowadays the rigorous logic of Better Regulation and regulatory impact analysis has become routine in the EU circuit, although less with the EU legislator (EP and Council). The present BEEP Briefing provides an accessible survey of the state of the art of the...
Konończuk, Wojciech; Matuszak, Slawomir
In September, three out of five members of the supervisory board of Naftogaz, Ukraine’s largest gas company, announced their resignation and accused the government of stepping up political interference in the company’s activity and blocking measures aimed at reforming the company. This represents yet another instance of the fight for control over Naftogaz and its profit-making subsidiaries, Ukrgazvydobuvannya (which extracts over 70% of Ukraine’s gas) and Ukrtransgaz (the transit pipeline and gas storage facilities operator), which has been gaining momentum in recent months. On one side of the dispute lies what is broadly understood as the ruling camp (the surrounding...
Suddenly everything is happening at
once: Permanent Structured Cooperation
(PESCO), the Coordinated Annual
Review on Defence (CARD), the
European Defence Fund (EDF)… The
launch of PESCO is expected before the
end of the year or in early 2018 at the
latest. Now that things seem to be
moving fast, let us make sure that they
move in the right direction.
This is the seventh in a series of National Reports to be published as part of the new phase of the New Pact for Europe project.* According to the Portuguese NPE Reflection Group, the EU has shown a lot of resilience in the past few years when it had to deal with a multitude of crises, but it also warns of the dangers of being complacent. The EU is still facing several identity, legitimacy and institutional challenges, which are very complex and multi-dimensional.
At the October EU Summit, as expected, the EU27 did not conclude that the Brexit negotiations had progressed sufficiently to warrant opening the discussions on the future (economic) relationship between the UK and the EU. The main sticking point continues to be the UK's financial obligations with a lack of concreteness to the apparent offer made by Prime Minister May in her Florence speech, as well as indications that some member states see this offer as way below what is required. Another outstanding issue concerns the role of the European Court of Justice in the post-Brexit era, in particular whether...
To improve the ability of the European Commission to tackle the challenges faced by the European Union, President Juncker has introduced organisational and institutional changes in the Commission. With the Juncker Commission more than halfway through its mandate, this Discussion paper takes stock of the ways in which the introduced innovations have changed the way the Brussels executive works.
Hassel, Arndt; Jansen, Jaap; Egenhofer, Christian.; Xu, Zheng
Electricity will play a greater role in the transport and building sectors and all decarbonisation scenarios point to the increasing electrification of the energy system. To reach EU climate change targets, however, electricity will need to come increasingly from low carbon sources, especially (but not only) from variable renewable energy sources. Both trends − the electrification of sectors and the need to integrate electricity from variable renewables − mean that the electricity sector should become more flexible.
This report reflects the discussions held in the CEPS Energy Climate House Task Force on Creating a Market Design for Flexibility in EU Electricity...
Richard Thaler’s contribution to behavioural economics has been seminal and path-breaking, but
the actual impact of nudging has remained limited to specific applications, and appears
particularly questionable in today’s digital economy.
Emmanuel Macron won the French presidency promising to embrace the digital world.
Instead of warning about the internet as a threat to France’s traditional industries,
Macron described it as a motor of renewed economic growth and promised to unleash
a start-up revolution.