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( 4 mins read ) After lengthy talks, EU leaders have agreed on a new budget and a recovery fund, demonstrating member states’ continued commitment in a moment of severe crisis. The deal is politically transformative in that it sets
( 5 mins read ) On 17-18 July, heads of state or government will convene for their first in-person summit since the outbreak of the pandemic. The goal for the special European Council is to agree a new multiannual financial
( 3 mins read ) Germany’s presidency of the Council of the EU starts on 1 July. Rather than forcing a complete change to the topics Berlin had planned to prioritize, the pandemic has reframed many of these issues. This
( 4 mins read ) While this week’s consultations between EU institutions and the Chinese government ended without any communique, the outlook for the big EU-China summit in H2 is still uncertain.Despite the EU’s ‘awakening’ to China’s increasing global role,
( 3 mins read ) The regional state government of North Rhine-Westphalia (NRW) has put the local district of Guetersloh back on full lockdown today. Schools had already closed again, and as of today, nurseries, cinemas, bars and restaurants, swimming
( 6 mins read ) Countries that have loosened restrictions for more than two weeks have not seen a dramatic increase in cases, but localized outbreaks are becoming more and more common. The broad public support for lockdowns might not
( 3 mins read ) As expected, the high-level meeting between PM Boris Johnson and the presidents of the three EU institutions on 15 June did not yield any substantial news. Any other outcome would have been surprising, given the
( 6 mins read ) Continued ECB activity has bought EU policymakers time to deliver a response to the economic fallout from Covid-19.
From a Brussels perspective, the biggest challenges are timing and coordination.
Beyond fiscal constraints, domestic politics and institutional capacity pose the biggest hurdles for delivering effective and timely economic recovery packages in several countries.
( 3 mins read ) There is still no date for the high-level meeting between PM Boris Johnson and the Presidents of the European Commission and Council, Ursula von der Leyen, and Charles Michel. However, the once envisaged UK request of an extension to the transition beyond 31 December has become highly unlikely.
( 3 mins read ) After two days of talks, the grand coalition has agreed on a EUR 130bn stimulus package. EUR 120bn will come from the federal budget and 10bn from regional and local authorities. EUR 60bn are still
( 10 mins read ) Below is this week’s update on how selected European governments are handling lockdown exit, and their economic policies to counter the economic fallout from Covid-19. Please do not hesitate to contact us if you want
( 3 mins read ) Negotiation teams will this week convene for one final round of talks before the highly anticipated leaders’ meeting later in June, but the slow progress so far renders a breakthrough unlikely. As the deadline to