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New Atlanticist

Jul 22, 2020

EU deal is a win-win for all sides

By Antonio de Lecea

The €1.8 trillion agreement was the subject of intense debate over several days, but in the end European leaders reached a compromise that is a win-win for all sides and will strengthen the EU’s economy and political stability during turbulent times.

Coronavirus European Union

New Atlanticist

Jul 21, 2020

Experts react: European leaders reach decisive coronavirus recovery agreement

By Atlantic Council

"The agreement is a historic achievement leading to more solidarity in the European Union to respond the economic fallout of the coronavirus," Benjamin Haddad says.

Coronavirus European Union

New Atlanticist

Jul 13, 2020

European leaders prepare for crucial coronavirus financial compromise

By Bart Oosterveld

European leaders need to act quickly to overcome these differences, as an ambitious recovery package is needed to ensure financial stability and fend off other risks.

Coronavirus European Union

New Atlanticist

Jul 7, 2020

Berlin takes over the EU presidency: Lower your expectations

By Jörn Fleck

If Germany achieves a breakthrough on even one of the big-ticket items of its presidency, it is despite the chancellor and its political elites’ legacy of European policy over the last decade. Those betting wisely would do best to lower expectations for a Germany that has yet to have a moment of truth with itself about its role in Europe and the world.

Coronavirus European Union

New Atlanticist

Jul 6, 2020

European strategic autonomy and its future trade policy

By Elmar Hellendoorn

Eventual EU efforts to redirect supply chains can ­­affect many business sectors, even those unrelated to traditional security affairs. The geographical location of EU zones of influence may dictate where future supply chains to Europe will run. “Strategic autonomy” is now as important economically as it is politically or militarily.

China European Union

New Atlanticist

May 29, 2020

Italian, Spanish diplomats stress EU solidarity in wake of COVID-19 economic response

By Larry Luxner

Top officials from Italy and Spain—the two European Union member states hit hardest by the coronavirus pandemic—praised the EU’s May 27 announcement of a €750 billion ($826.5 billion) recovery program to rescue the bloc from its worst economic crisis in its history.

Coronavirus Eurozone

New Atlanticist

May 28, 2020

The EU recovery plan: A “Merkel” but not a “Hamilton” moment

By Hung Tran

While the EU coronavirus recovery plan is a good step toward more fiscal cohesion, it is nowhere near fostering a fiscal union.

Coronavirus European Union

New Atlanticist

May 26, 2020

EU looks for next step in coronavirus economic response

By Bart Oosterveld

An agreement within the EU to not only jointly issue debt, but to disburse the proceeds of those debt issuances in the form of grants to financially weaker member states, would be an important moment in capital markets.

Coronavirus European Union

New Atlanticist

May 18, 2020

Partial Eurobond not the answer to Europe’s coronavirus economic downturn

By Bart Oosterveld

Some have argued that a partial Eurobond instrument, backed for example by France, Italy, and Spain, could be set up as a risk sharing and/or solidarity tool to partially finance the recovery out of the economic downturn caused by the pandemic. This is a truly awful idea as such an instrument would deliver none of the potential benefits of a Eurobond, while simultaneously creating asymmetric risks on capital markets.

Coronavirus European Union

New Atlanticist

May 7, 2020

The coronavirus crisis highlights the need to diversify risk sharing in Europe

By Sona Muzikarova

Capital markets have been one of Europe’s policy ‘slow-burn’ issues. The coronavirus crisis rearing its ugly head over Europe, along with Brussels’ slow coming together in formulating a shared rescue package, have reignited the need to balance public and private risk sharing and to diversify funding for European businesses.

Coronavirus European Union

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