EuroGrowth Initiative

  • Avoiding Tariff Escalation And Making the Transatlantic Economy Stronger

    Coming up on the anniversary of the July 2018 “trade truce” between European Commission President Jean-Claude Juncker and US President Donald J. Trump, little progress has been made in trade negotiations between the United States and the European Union (EU). This article is the fourth in a series that will take stock of the opportunities in and challenges to the deepest trading relationship in the world and focuses on opportunities for further deepening and the potential impact on jobs and investment due to the current stalemate.

    US consumers and importers are already paying a price for trade tensions between the United States and China. They are bearing almost entirely the tariff revenue collected at the US border. Escalation is also likely to affect business sentiment and investment.


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  • Transatlantic Ties After the EU Elections: Prospects for Transatlantic Cooperation in Trade and Sanctions


    On June 10, the Atlantic Council’s Global Business & Economics Program’s and Future Europe Initiative hosted a roundtable discussion on the current state and the future of transatlantic ties featuring Caroline Vicini, Deputy Head of the EU Delegation to the United States. The event also served as a farewell to Ms. Vicini, who after several years of distinguished leadership in her current position will be soon leaving Washington, DC.

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  • What Will it Take to Reconcile Europeans with Their Own Parliament?

    The recently concluded European parliamentary elections have fractured longstanding political alliances. From the Liberal and Green parties to the populists and Euroskeptics, voters have delivered a more fragmented European Parliament. Challenges abound as the European Union (EU) needs to among other things address climate change, rekindle sustainable economic growth, and address foreign policy issues. All of these are pan-European issues, which will require looking beyond national borders and setting up new coalitions to craft policy directions. The European Parliament can serve as a forum to reconcile Europe and its citizens, provided it becomes a public square for transnational debate.

    The European parliamentary elections—held this year from May 23 to 26—are one of the largest democratic displays in the world. Many observers, however, often view them as a “strange beast” and consequently ignore the consequences. The European Parliament shares responsibility with the

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  • Montanino in La Stampa: Lo Spread Viene dal Debito


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  • Crow Joins CNBC to Discuss US-China Trade Tensions


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  • Strengthening the Global Trading Architecture


    On May 3, the Atlantic Council’s Global Business and Economics Program’s EuroGrowth Initiative hosted a roundtable discussion on the future of the global trading architecture featuring Ambassador Alan Wm. Wolff, Deputy Director-General of the World Trade Organization (WTO).

  • Spain Votes: Here’s What You Should Know

    Undecided voters hold the key

    Spaniards will vote on April 28 to renew parliament for the third time in four years. Spanish Prime Minister Pedro Sánchez’s center-left Socialist Workers' Party (PSOE) leads in the polls, but with just 30 percent of support. The latest surveys show only a grand coalition of both left and right parties, or a left bloc supported by some regional parties that support Catalan independence, can reach the majority needed to form a government, but much will depend on the 40 percent of still undecided voters.

    The elections follow eleven months of Sánchez’s PSOE minority government, which came to power after Mariano Rajoy’s center-right People’s Party government lost a vote of no confidence on June 1, 2018. Rajoy’s government had been supported by Ciudadanos, a center-right party founded in 2006 with a focus on addressing corruption, market

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  • Brussels Agreed to Brexit Extension to Avoid No Deal, EU Official Says

    By agreeing to extend the deadline for the United Kingdom’s withdrawal from the European Union (EU) to October 31, EU leaders and British Prime Minister Theresa May “managed to avoid the most disruptive [potential] scenario, which would have been no-deal Brexit,” top European Commission official Valdis Dombrovskis said at the Atlantic Council in Washington on April 12.

    The extension, which would first be reviewed by the EU on June 30 but could last as long as October 31, would give the UK Parliament time to “reflect and work on what is really their preferred scenario,” Dombrovskis said.


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  • Montanino in Il Sole 24: Solidale, integrata e competitiva è l’Europa sognata dagli italiani


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  • The Spark That Launched Brexit Has Returned and Could Torpedo Compromise

    The next week matters for European policy makers. EU finance ministers are meeting in Brussels on April 5 and 6. This will be followed by an emergency European Council summit on April 10 at which EU leaders will not only discuss Brexit, but also discuss the European Union’s position on negotiating a narrow free trade agreement with the United States. On April 12, European finance ministers and central bank governors will take part in important Group of Twenty (G-20) side discussions alongside the International Monetary Fund (IMF) and World Bank spring meetings in Washington. These leaders would have been focused on worrying signs of slumping global growth and trade tensions with the United States, but leaks to Reuters on April 3 suggest that policy makers are

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