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Inflection Points

Feb 22, 2020

Global investors underestimate downside economic risks

By Frederick Kempe

Global investors are being overly complacent about downside economic risks, aggravated by but not limited to the growing impact of coronavirus. They are underestimating the forces that are changing the very nature of the world economy – a growing degree of “deglobalization” in the face of US-Chinese decoupling. At the same time, they are overestimating the power of monetary and fiscal stimulus to keep the global economic party going.

China Economy & Business

New Atlanticist

Feb 21, 2020

Putting privacy limits on national security mass surveillance: The European Court of Justice intervenes

By Kenneth Propp

In a little-noticed set of opinions issued on January 15, the European Court of Justice (ECJ) put forward a bold and unprecedented proposition—mass surveillance conducted by European Union (EU) member state national security services should operate within the bounds of the Union’s privacy laws.

Digital Policy European Union

New Atlanticist

Feb 20, 2020

Transatlantic cooperation key to Europe’s Green Deal, EU official says

By David A. Wemer

As the European Union aims to become carbon neutral by the year 2050, cooperation with the United States on energy technology, financing, and imports will be critical to helping transition the European energy sector towards a low-carbon future, Director General for Energy at the European Commission Ditte Juul Jørgensen said on February 20.

Climate Change & Climate Action Energy Markets & Governance

New Atlanticist

Feb 19, 2020

Challenges and opportunities for Croatia’s new president

By Claudia Vaughn Zittle

Croatia’s new president Zoran Milanovic entered office on February 18 with a legacy to build upon and several challenges to overcome. Over the last fifteen years, Croatia has made remarkable progress as a democratic state, joining NATO in 2009 and the European Union (EU) in 2013. Even so, the uncertain future of European integration, uneven economic development, and malign foreign influence present challenges for Croatia and the Balkans region. The United States, other EU members, and NATO allies have a role to play in supporting Croatia’s efforts to tackle these challenges.

Economy & Business Elections

Inflection Points

Feb 18, 2020

Munich special edition: Is it time to worry about Germany?

By Frederick Kempe

It’s easy to understand why Germans defend the status quo, which has served them well over the past few decades. What’s unclear is how Germany will react with so many certainties shaken: the shape of the EU, relations with the U.S., the stability of German politics, and the durability of economic growth.

European Union Germany

Issue Brief

Feb 18, 2020

The next phase of digitalization in Central and Eastern Europe: 2020 and beyond

By Frances Burwell, Jörn Fleck

The countries of Central and Eastern Europe (CEE) possess fundamental strengths that uniquely position the region to capitalize on the next wave of digitalization – solid education systems, a large talent pool of “STEM” graduates, widely adopted digitally enabled services, and fewer technology legacies. But, these advantages alone do not mean that Central and Eastern […]

Central Europe Digital Policy

In the News

Feb 17, 2020

Shaffer quoted in Deutsche Welle (DW) on Nord Stream 2

By Atlantic Council

Energy & Environment Europe & Eurasia

Press Release

Feb 15, 2020

US commits $1 billion dollars to develop Central European infrastructure

By Atlantic Council

“Secretary Pompeo's announcement of $1 billion for the Three Seas Initiative is a powerful demonstration of America’s continued commitment to Europe,” stated General James L. Jones Jr. (USMC-ret.), executive chairman emeritus of the Atlantic Council, who attended the Munich Security Conference. “It reflects America’s recognition of the strategic significance of Central Europe as well Washington’s high confidence in the economic vitality and economic prospects of the Three Seas region.”

Central Europe Economy & Business

New Atlanticist

Feb 10, 2020

Will the Commission’s new EU proposal revive Western Balkans enlargement?

By David A. Wemer

“For a region whose politics, both domestic and foreign, have been shaped by the promise of EU membership in almost every way since the 1990s, the coming months and years will prove trying," Damir Marusic says.

Democratic Transitions European Union

New Atlanticist

Feb 7, 2020

US will use energy revolution to transform its foreign policy, energy secretary says

By David A. Wemer

The United States’ transformation into a net exporter of energy “has revolutionized our foreign policy, and it frees us to pursue options that we have not had at least in my lifetime,” US Secretary of Energy Dan Brouillette said on February 7. Speaking at the Atlantic Council, Brouillette argued that “with US energy production now at record levels, the world is no longer subject to the will of countries who seek to do us harm,” such as Russia and Iran, and allows the United States to use energy cooperation and investment as a key tool to advance its foreign policy aims.

Brazil Energy Markets & Governance

Experts