Ideas on Europe

Informed analysis, comment and debate

Category Archives: Economics & Trade

“What if the EU ruled that we must all wear knickers on our heads?”

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After the referendum, and before Covid, I sat down at one of my favourite eating places to enjoy a vegetarian curry. Hot stuff! But more heated was the discussion that took place afterwards. Brexiters to the left of me; Brexiters to the right of me. I was outnumbered, but I put up a good fight. Here’s […]

Will multinationals’ hunger for tax benefits prevail?

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Multinationals have taken advantage of tax benefits for a long time. Leading the fight against multinationals, Margrethe Vestager, Vice-President of the European Commission and DG-Competition Commissioner, has been referred to as “Silicon Valley’s dragon slayer”. The idea that large companies can finally be held accountable by Vestager has gained her a worldwide reputation as a […]

Reform #3: Finance and economy (vol. 2) – Economy

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Introduction As previously discussed, the reformation of the united Europe’s finance and economy must start with establishing a fiscal union within the political union of the member states (see Reform #3 vol. 1). After the financial and political preconditions are fulfilled, the leaders of the Republic of the United Europe (or RUE) are going to […]

Reform #3: Finance and economy (vol. 1) – Finance

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Introduction As previously discussed (see Reform #2), the reformation of the united Europe’s political system is the precondition of introducing further reforms related to Republic of the United Europe’s (or RUE) finance, economy, social system, armed forces, and foreign policy. In this volume, I am going to focus on the most critical topics related to […]

The stalemate of transatlantic liberalization: It started before Trump

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In the immediate aftermath of the election of Joe Biden the European Commission proposed ‘A new transatlantic agenda’. This ambitious plan emphasizes that together the EU and the US ‘have the reach to set regulations and standards that are replicated across the world’. This very much sounds like a revival of the major priority of […]

How do imposed sanctions impact firms?

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By Michal Onderco & Reinout A van der Veer Last week, the European Union agreed to impose new sanctions on Russia in response to the attempt to poison the opposition activist Alexei Navalny and his jailing upon return to Russia. Immediately afterwards, Russia threatened to respond in kind. This development is not new. In recent […]

Is the European Union a complex adaptive actor?

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Since its creation, the European Union has aimed to become a key international actor, promoting regional integration, democracy, the rule of law and human rights through its numerous international development programmes around the world. Yet, we should not forget a complementary dynamic that is as important as the EU attempts to diffuse its own institutional practices and values. This concerns how the EU learns from other actors, and adapts to practices proposed by other countries and international organizations.

Will the Italian economy recover?

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The Next Generation EU superfoods are on their way. Can they save a starving Italian patient? Italy entered the Covid-19 crisis enfeebled by years of anaemic growth, stagnant public and private investment, high unemployment, a heavy debt load and tendentially feverish interest rates. Hopes for its recovery were pinned on the Eurozone’s standard recipe of […]

Revisiting the Trade Effects of the EU-Turkey Customs Union

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In 2015, the Turkish government and the European Commission officially started a process for the modernization and expansion of the Customs Union between the European Union (EU) and Turkey (hereafter called “CU-EUT”). The CU-EUT entered into force 25 years ago on December 31st, 1995. While it provides a far-reaching trade integration for industrial goods, lately […]

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Brexit: The cold waters between Canada and Norway

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The UK’s push for the frictionless market of the Norway option, while accepting only the obligations of the Canada option, was not viable. It was a delusion, either due to ignorance or self-deception. The UK never had the same vision of the EU as the other Member States. A main reason for the UK’s accession […]

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