Publications

Recent supply-chain disruptions and rising geoeconomic tensions have highlighted the importance of understanding critical supply-chain risks anddependencies. This priority is reflected in both the EU’s Economic Security Strategy and the UK’s Trade Strategy. Since the UK left...

Economic security has risen to the top of Europe’s strategic agenda, and the EU has intensified collaboration with key allies. While structural and political factors have so far prevented deeper engagement with the United Kingdom, the case for economic security cooperation...

The European Commission plans to streamline innovation funding through a single instrument: the European Competitiveness Fund (ECF). Aiming to replace today’s fragmented system, the ECF must avoid becoming an unwieldy superfund. To succeed, it should be built on four clear...

Future EU Cohesion Policy is likely to hand more decision-making over to member states with the European Commission’s plans of merging multiple funds delivered to member states by national envelopes. Such a delivery model for Cohesion Policy will curtail the involvement of...

Europe intends to rapidly and strongly increase its defense spending. It should do so without risking Europe’s fiscal sustainability and financial stability at a time of great danger. We argue that the Commission’s current plan to use the flexibility built in the EU’s fiscal...

Improved EU-UK relations could strengthen European unity in a time of geopolitical upheaval and shifting alliances. Yet realizing this opportunity at the first joint Summit in 2025 is far from a done deal.

Amidst geopolitical and geoeconomic tensions, the EU needs to shape a new European security order. Beyond national efforts to increase the European contribution to NATO, the EU seeks to enhance economic security, move forward with EU enlargement and engage with wider Europe...

This year the EU has commissioned two reports by former Italian prime ministers, Enrico Letta and Mario Draghi, to set out policies to raise Europe’s anaemic growth rate. The long shadow of the financial and euro crises, Covid-19 and the energy price shock after Russia’s...

Cohesion Policy seems to be on the backfoot: Given a raft of new policy priorities and tightening fiscal room to maneuver, a fundamental discussion on the relevance and future direction of Cohesion Policy is underway. In this Policy Paper, we give an overview of the debate...

The European Green Deal mandates a substantial transformation of the energy sector, responsible for more than 80 % of total greenhouse gas emissions. This study investigates the economic implications of achieving climate neutrality in the European energy sector in light of...