Tag "European Union"
EU-NATO Defense Cooperation
Europe’s significant though incomplete security response to Russia’s war in Ukraine suggests that the achievement of European strategic autonomy exists on an extended timeline. In the near-term, deepened defense integration between the European Union (EU) and NATO will support capability modernization and interoperability while expanding European equipment procurement networks. The NATO 2022 Strategic Concept’s cooperative security provisions and the EU’s 2022 Strategic Compass provide a practical framework for strengthened EU-NATO cooperation.
Opinion: UK-EU cooperation in the Balkans
While the focus of the West has been rightly on providing military and diplomatic support to Ukraine, NATO and the European Union cannot afford to take their eyes off the Western Balkans. It is crucial to see this moment of crisis as not only an attack on the sovereignty and territorial integrity of Ukraine, but as a wider Russian test of the durability of the postwar European security order. As EU and Western Balkan leaders hold their summit in June, the regional stabilisation process in southeastern Europe has never been more important.
Opinion: Germany’s Influence on European Unity
In the build up to Russia’s invasion of Ukraine, Western nations were clear on where they stood on the issue. Between funneling weapons into Ukraine to threatening severe economic sanctions, many EU and NATO members vowed to punish Russia. One country that has been largely absent from this strong and clear response is Germany, who seeks to mitigate the domestic risks that punishing Russia entails. This self-interested position risks harming EU unity at a time when it’s needed most.
European Union: Wildfires Ask Burning Questions on Disaster Prevention
As global warming accelerates climate change, Europe is experiencing more wildfires. Despite a downward trend in fires in Mediterranean Europe, record heat waves in the Summer of 2021 have caused the region to erupt in flames once more. Mediterranean economies are particularly vulnerable to wildfire damage and illustrate how the European Union should focus as much on fire prevention as on combatting blazes.
Towards a Digital Euro: What Does It Mean for the Safety of Europe?
The digitalization of the economy and the rapid spread of virtual currencies have created unprecedented opportunities for cross-border illicit activities. The most recent proposal of the European Central Bank for the development of a central bank digital currency is no exception. Known as a digital euro, the project is envisioned to differ from crypto-assets and stable coins in its centralized oversight and control of digital transactions. Hence, by allowing a central banking authority to monitor and verify online transactions, a digital euro could facilitate the fight against organized crime in the EU. Yet, the currently proposed design possibilities of a digital euro reveal vulnerabilities to compliance with anti-money laundering and counter-terrorist financing regulations, as well as pose a significant threat to the safety of children in the digital space.
The EU-China Comprehensive Agreement on Investments (CAI): a piece of the puzzle.
On 30 December 2020, the EU and China announced that they had reached an Agreement in Principle on investments. The text is the result of lengthy negotiations, which started in January 2014. The EU-China CAI was met with fierce criticism from political commentators, who believe the treaty is a “strategic victory” for China and may potentially damage transatlantic relations. However, as usual with international affairs, matters are not always as simple as portrayed and deserve thorough consideration.
Fidesz-Managed Foundations Assume Control of Hungary’s Higher Education System
Through a recent $1.7 billion allocation (comprised of government funds and various property assets) to the privately managed foundation, Mathias Corvinus Collegium (M.C.C.), Victor Orban has expanded the mandate of his governing party, Fidesz, to include the unilateral administration of Hungary’s university system. The immensity of the monetary transfer coupled with the deliberate inclusion of private, Fidesz adjacent interests represent the further consolidation of Orban’s autocratic power and jeopardize institutional legitimacy through unfettered kleptocratic corruption. Though the geopolitical implications cannot yet be quantified, the impact of Orban’s flagrant, politically motivated annexation of Hungarian higher education on capital markets and electoral politics could, potentially, be significant.
“There Are Such People” in Bulgaria’s Parliament
The new Bulagrian party There are Such People (ITN), led by the former late-night TV show host Slavi Trifonov and his screenwriters, entered the political scene with a bang. It secured more than 17 percent of the vote in the last parliamentary elections, but curiously refused to form a government when given the mandate. The party also did not participate in any traditional media campaigns instead choosing to utilise social media platforms. It is important to understand the rise of ITN as well as what this political phenomenon means for political life in Bulgaria, given the upcoming snap parliamentary elections in July.
Why Turkey Could Help us Understand Putin’s Intentions in Ukraine
Russia has staged the largest mobilisation along the eastern Ukrainian border since the Annexation of Crimea in 2014. Iuliia Mendel, spokesperson for the Ukrainian President, Volodymyr Zelenskyy, stated that Moscow had stationed more than 40,000 soldiers near the separatist-held region of Donbas along with an additional 9,000 in Crimea. The sudden increase of Russian military presence in the region comes amid deepening defence cooperation between Turkey and Ukraine. This development in the Ukraine conflict follows a pattern of strategic rivalry between Ankara and Moscow in Libya and Syria. Although on opposing sides in each of these crises, the Russian President, Vladimir Putin, and his Turkish counterpart, Recep Tayyip Erdoğan, share the same geopolitical goal of undermining Western pre-eminence in the post-Cold War system of international relations. Initiative in defence and security in the conduct of relations that Moscow and Ankara exercise with third countries means it is likely the crisis in eastern Ukraine will intensify.
GRI interview: Princeton historian discusses Covid-19 and macro risks
GRI recently sat down (virtually) with financial historian Harold James to discuss Covid-19 and emerging macro risks. James is the Claude and Lore Kelly Professor in European Studies and Professor
