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The Europe Center promotes the transatlantic leadership and strategies required to ensure a strong Europe.

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EnergySource

May 8, 2020

The COVID-19 crisis and US and EU emissions in the new decade: Opportunities for a clean energy recovery

By Robert F. Ichord, Jr.

The COVID-19 pandemic has led to a sudden decline in global electricity demand of up to 20-25 percent in some countries, and the International Energy Agency (IEA) projects global electricity demand for 2020 will fall by 5-10 percent, contributing to an 8 percent overall drop in energy sector CO2 emissions. This piece updates evaluates the performance of the US and EU power sectors in 2019 within the context of the coronavirus pandemic.

Coronavirus Energy & Environment

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

New Atlanticist

May 6, 2020

German court decision complicates ECB coronavirus efforts

By Ole Moehr

“This is time for solidarity and boldness in the European response to this unprecedented crisis. Unfortunately, the [German] Court's decision endangers the ability of the Bundesbank to participate in the ECB's program in the long run. Besides, it undermines the authority of the European Court of Justice (ECJ) and could provide a worrying precedent for states asserting their sovereignty with illiberal measures against the rule of law in Europe,” Benjamin Haddad says.

Coronavirus European Union

UkraineAlert

May 4, 2020

A serious but flawed look at peace in the Donbas

By John E. Herbst

The conflict in the Donbas cannot be solved by Ukraine and Russia alone, but the West must not unconditionally accept a "Russian consensus" to achieve it.

Conflict Economic Sanctions

New Atlanticist

May 4, 2020

Critical ruling for European Central Bank to turn spotlight back to policymakers

By Bart Oosterveld

So far, the ECB has committed to asset purchases roughly in accordance with each member state’s contribution to the European economy. This has led to market speculation that suggests the German court will add that as a restriction on the Bundesbank’s participation, though there is no precedent for such a restriction in prior rulings.

Coronavirus European Union

New Atlanticist

Apr 29, 2020

Pandemic response should not equal isolationism, Swedish FM argues

By David A. Wemer

International cooperation will be crucial not only to “fight the pandemic” of the novel coronavirus (COVID-19), but also “to get us back on track afterwards,” Swedish Minister of Foreign Affairs Ann Linde said on April 29. She stressed that while leaders remain focused on containing outbreaks in their own countries, they must avoid the temptation to shun the benefits international trade and cooperation can bring as a much-needed economic recovery begins.

Coronavirus European Union

New Atlanticist

Apr 27, 2020

Financial markets pressure likely to force additional European action soon

By Bart Oosterveld

Markets are likely to test the resolve of policymakers to preserve the monetary union in the upcoming months, and the risk of a series of funding shocks remains elevated.

Coronavirus European Union

New Atlanticist

Apr 24, 2020

USMCA needs TTIP

By Marc L. Busch

Upgrading NAFTA was a long time coming, but things are different than they were in 1994 because Canada and Mexico have bilateral trade agreements with the European Union, and the United States doesn’t. The United States needs TTIP to make the most of USMCA.

European Union Mexico

New Atlanticist

Apr 23, 2020

Why the Netherlands opposed unconditional European coronavirus aid

By Elmar Hellendoorn

Southern European calls for northern solidarity should be backed up with a quest for greater empathy in countries like the Netherlands. As long as the Dutch public remain largely unaware of the plight of southern Europe—as well as ignorant of the geopolitical consequences of too much fiscal rigidity—the current clash may only be a prelude to a much larger battle.

Coronavirus European Union

Report

Apr 22, 2020

Moving out: A comprehensive assessment of European military mobility

By Task Force Co-Chairs: General Curtis M. Scaparrotti, USA (Ret.) and Ambassador Colleen B. Bell

Military mobility is the logical and critical next step to enhancing the twenty-first-century conventional deterrence posture throughout Europe, an essential part of the formula for keeping the peace.

Europe & Eurasia European Union

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