Research

The EU, NATO and European security in a time of war

05 August 2022
Russia is not the only threat to European security. NATO remains essential for deterrence and defence, but the EU must also play a bigger security role.

Using sanctioned Russian assets to rebuild Ukraine will not be easy

03 August 2022
Funding Ukraine’s reconstruction with confiscated assets from Russian elites will be legally complex. Seizing Russia’s frozen foreign reserves may prove easier.

Beyond European strategic autonomy?

03 August 2022
European strategic autonomy in security and defence will remain a controversial subject, but leaving aside labels, the Ukraine war is giving fresh momentum to Europeans’ defence efforts.

The US could cope with deglobalisation. Europe couldn't

03 August 2022
True ‘deglobalisation’ – disintegration of the global economy – would be triggered by a political event, like China invading Taiwan. That would be a big problem for Europe’s economy.   

Macron is serious about the 'European Political Community'

01 August 2022
French President Emmanuel Macron is committed to creating a ‘European Political Community’, distinct from the EU. European states not in the EU – including the UK – should take the concept seriously.

First help Ukraine win the war. Then help it win the peace

28 July 2022
Even a partial Russian victory in Ukraine would damage Western interests. Ukraine needs much more help to expel Russian forces, and to rebuild its infrastructure, economy and institutions afterwards.
Italy after Draghi

Italy after Draghi

19 July 2022
Mario Draghi’s tenure as Italian prime minister could be ending. Draghi would leave Italy stronger than he found it, but it will be up to his successors not to squander his legacy.
The impact of the Ukraine war on global energy markets

The impact of the Ukraine war on global energy markets

Nick Butler
14 July 2022
Instability in world energy markets will continue beyond the war in Ukraine. Europe will be less dependent on Russia’s fossil fuels, but a weakened Russia could still cause problems.

A G7 energy tariff on Russia would be better than a price cap

11 July 2022
A price cap on Russian oil would cut Russia’s income, but a tariff would help governments support households and businesses dealing with high energy prices.

The EU's plan to unlock industrial data needs a rethink

08 July 2022
The EU’s ambition for industry to better exploit data is a worthy and realistic one. But expanding some of the GDPR’s rules to industrial data would be a mistake.
A new EU fiscal regime could make the ECB truly independent

A new EU fiscal regime could make the ECB truly independent

30 June 2022
The ECB must be free to target inflation and prevent spreads rising without encouraging fiscal irresponsibility. A new, credible fiscal regime is needed, with a permanent EU green investment fund at its centre.
Four reasons why the UK’s Northern Ireland Protocol bill is a mistake

Four reasons why the UK’s Northern Ireland Protocol bill is a mistake

Anton Spisak
27 June 2022
The UK promises to “fix” the Northern Ireland protocol with unilateral legislation. This will be a major step backwards in trying to resolve genuine practical problems under the protocol.

What can we know about the cost of Brexit so far?

09 June 2022
The UK's GDP is 5.2 per cent smaller than a modelled ‘doppelgänger’ UK that did not leave the EU; investment is 13.7 per cent lower, and goods trade, 13.6 per cent lower. Most of those costs are down to Brexit.

Why would anyone use a central bank digital currency?

07 June 2022
Central banks are rushing to pilot their own digital currencies. These may sound exciting. But they may offer users few compelling benefits they do not already enjoy.

Will the EU rethink enlargement?

30 May 2022
Ukraine’s EU membership application has revived the debates about enlargement and a multi-tier Europe. Reforming the enlargement process to make it more gradual could be the best place to start.

Can the UK keep up with Europe on digital competition?

30 May 2022
As Brussels finalises world-leading digital competition rules, Prime Minister Boris Johnson has deferred similar reforms for Britain. But if UK authorities are bold, they can still help shape global tech markets.

Europe needs a China strategy

Ian Bond, François Godement, Hanns Maull, Volker Stanzel
30 May 2022
The attention of Europe’s foreign and defence policy establishment is rightly focused on Russia’s aggression against Ukraine. But it should not lose sight of the immense challenge that China poses. 

State of the Union: The EU, three months into Putin's war

24 May 2022
Russia’s invasion of Ukraine has shifted priorities and frayed alliances in the EU. It has also created winners and losers in Brussels.

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