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
Swedish household debt is not too high: Look at solvency and liquidity, not debt to income

The Swedish authorities and international organisations often claim that household debt poses a threat to financial and macroeconomic stability, with reference to a high debt-to-income
Strategic autonomy for Europe requires economic growth

The current US administration’s willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. This column, taken from a CEPR book
Is Europe ready for a major banking crisis?

Europe’s banks have long been slow to integrate across borders, but this is changing fast. ‘Pan-European banks’, with activities spanning several EU countries, are emerging
Dangling fiscal surveillance: EU fiscal policies in 2024

Effectively suspended since the onset of the Covid pandemic, the EU fiscal rules were set to make a comeback in 2024. At the same time,
How to update the EU Merger Guidelines

There is a growing push from certain quarters for the European Commission to weaken merger control in order to spur greater investment and innovation, higher

