An analysis of the EU telecom sector’s ability to remunerate its cost of capital

The EU’s digital economy relies on investments by the telecoms industry to keep the bloc at the forefront of digital innovation and connectivity. However, the
The limited effects of regulating greenwashing: Evidence from Europe’s Sustainable Finance Disclosure Regulation

Disclosure-based regulation is often seen as a low-cost way to address greenwashing. This column uses European mutual fund data to assess the impact of the
Macro-financial disconnect in the euro area: Assessing tail risks to euro area growth and equities

The euro area is experiencing a combination of low growth and persistently high policy uncertainty, but financial conditions are remarkably supportive and valuations now look
The European Union needs more than the digital omnibus to make digital services competitive

European Commission plans to streamline digital rules introduce new inconsistences and fall far short of transformative reform. The European Commission’s digital and artificial intelligence omnibus
Simplification without disempowerment: Rethinking the Digital Omnibus Regulation

The European Commission’s Digital Omnibus Regulation Proposal represents a major attempt to streamline and rationalise Europe’s increasingly complex digital regulatory landscape. This column argues, however,
Why EU innovation policy fails to promote disruptive innovation

Europe’s long-term prosperity depends on its ability to generate and absorb disruptive innovation. This column argues, however, that the European Commission’s proposed 2028–2034 Multiannual Financial
Trailing with a margin: Official macro forecasts in EU fiscal surveillance

Budgetary planning in the euro area involves a codified interaction between national governments and the European Commission where economic and fiscal forecasts play a crucial
The case for delaying the application of the EU’s carbon border levy to electricity

The inclusion of electricity in CBAM creates more problems than it solves; ways should be found to exempt it. The European Union is set to
Innovation in the digital economy architecture: Ensuring regulatory simplification drives innovation and growth

Over the last decade, the EU has pioneered a world-leading framework for digital governance, but the result has been an increasingly complex regulatory landscape and
Assessing the Commission’s Multiannual Financial Framework proposal: First-order principles

Since the European Commission’s 2028-34 Multiannual Financial Framework proposal in July, much has been written about its ambitions, the levels of funding involved, and its

