European leaders have an opportunity to reform the EU’s fiscal rules at the European Council meeting in December, but they are currently divided by competing concerns over stability and growth. A European debt agency could achieve both of these, and provide the EU with the money it needs to address today’s geopolitical crises
US President Joe Biden’s largely successful response to Russia’s war against Ukraine reflects his vision of the world as a bloc of democracies facing off against revisionist autocracies. But there is growing evidence that this is a minority view, even among some of America’s closest allies
Europe risks becoming a taker, not a maker, of economic security norms. To prevent this, the EU should develop a European economic security mechanism
The upcoming US-EU summit highlights a sharp improvement in transatlantic relations. It could bring meaningful progress for the EU in three economic areas
China’s zero-covid fallout may represent the start of a new chapter for China – one in which it becomes an increasingly unpredictable force in the world
The recently unveiled EU list of critical technologies highlights the difficulties of de-risking for the bloc. To avoid seeing the process stall, the EU must get the private sector on board, admit that European tech supply chains are still distant, and acknowledge that de-risking is all about China
The EU’s critical technology list signals a shift in economic security thinking, but it is just one piece of the puzzle
Plans unveiled at the G20 for a trade corridor linking the EU to India via the Gulf could rival China’s Belt and Road Initiative. But the participants face considerable challenges to ensure its economic viability and secure the necessary financing
Technology is at the heart of today’s great power struggle. To stand its ground, the EU should not only de-risk its trade ties, but advance its technological edge to build geo-economic leverage
Strategic autonomy is a defensive strategy that sends the wrong message to the world. The EU should instead accept that interdependencies are not only inevitable but desirable, and cultivate them with its allies and partners
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