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The Latest Breaking News from Bruegel

Pasta la vista tariffs: EU–Australia deal puts olive oil, sausages and honey on discount

After eight years of fraught negotiations, Europe and Australia have finally struck a trade deal. From champagne to critical minerals, here is what changes — and for whom.

Euronews

Labour can win political argument for closer EU ties, says Rachel Reeves

Chancellor says stronger alignment with Europe is ‘biggest prize’ for trade and economic growth

The Guardian - UK

Here’s how Europe can file for divorce from Donald Trump

Amid the tumult of the WEF in Davos this week, some investors are leading the way by ditching US government bonds

The Guardian - UK

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Trump hands Viktor Orbán a win as Hungary locks exemption for Russian energy imports

White House sources say exemption for Budapest to continue buying Russian oil will apply for a year. The move represents a political win for Orbán heading into an election in April, with the Hungarian economy in dire straits. Low energy prices could be a determining factor in the campaign.

Euronews

Is the risk of ‘brain drain’ overlooked in the EU’s enlargement process?

The EU’s enlargement process risks deepening a “brain drain” in the Western Balkans as skilled workers from newer members may migrate looking for opportunities. Experts say targeted measures must be put in place.

Euronews

EU environment ministers again delay decision on climate goals before COP30

EU talks will continue on two key climate targets — 2035 and 2040 — ahead of the upcoming COP30 summit in Belém, Brazil.

Euronews

Watch the video: Who's winning the green energy race in the EU?

Hungary is positioning itself as a major player in a few green energy sectors. Will its growth continue despite Europe's sluggish EV demand?

Euronews

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Auto-enrolment: The quiet pension reform that could transform Europe’s economy

Auto-enrolment into funded pensions would ensure more retirement contributions are invested, powering Europe’s growth.

Euronews

Europe leads in military aid to Ukraine — but can it cover for a wavering US?

Europe is leading the US in aid for the first time since June 2022, with a total allocation of €138 billion until June 2025. Could this financial increase be sustained in time if Washington shrinks its support, or is it only a temporary spike?

Euronews

“Decarbonization is not just a climate plan, it is an economic strategy.” Why European competitiveness hinges on homegrown power

Can political commitment, leadership capability, and business involvement power Europe's future and boost its global competitiveness? In the remaining articles in this series, we plan to find out.

Fortune

Which European economy stands to suffer the most from US tariffs?

One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the Irish economy.

Euronews

Europe remains ‘highly vulnerable’ and dependent on US defence production – report

Imports of US weapons have surged, yet Europe's military capabilities remain insufficient, with notable gaps in tank numbers, air defence systems and R&D investment. According to a new report by Bruegel, the EU’s €800 billion rearmament plan may not be enough.

Euronews

Chances of resolving US-EU trade dispute over tariffs remain slim, expert says

After the US president announced he would raise tariffs on aluminium and steel from 25% to 50%, a deal between the EU and the US is unlikely to be reached within the 90-day period set by Trump, according to Ignacio García Bercero, a former senior EU official and expert at…

Euronews

Raising a unified European army: myth or reality?

Some European leaders have recently renewed calls for the creation of a European army—an idea that has long stalled on the continent. But is it time to revive it? Not for now, and likely not in the longer term either, several EU officials told Euronews.

Euronews

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Euronews

EU mulls new defence funding mechanism with third countries to boost military readiness

Existing EU defence instruments lack the scale and incentives needed to close capability gaps and respond to growing security challenges as the US steps back from its traditional role in European defence, according to a policy paper by think tank Bruegel, set to be discussed this week in Warsaw.

The Independent UK

Europe's military personnel shortfalls exposed as Trump warns US security priorities lie elsewhere

The Trump administration’s warning last month that Europe must now take care of security in its own backyard raises troubling questions

International Business Times

Facing Trump And Putin, Are The EU's Defence Plans Enough?

Faced by a menacing Russia and unreliable United States, the EU is pushing a mammoth plan to boost its defences that Brussels says could unlock up to 800 billion euros ($860 billion).

Al Jazeera

Can Europe guarantee Ukraine’s security without the US?

European nations work on security guarantees for Ukraine against Russia with, Trump making clear that the US won’t.

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The Independent UK

The EU beat COVID and ditched Russian energy. Now it must learn to live without US security help

The European Union is getting good at adapting to unprecedented circumstances

Fortune

American troops pack more punch than European ones, and fighting Russia without the U.S. would require adding more than 300,000, think tank says

“U.S. troops would come in large, cohesive, corps-sized units with a unified command and control tighter even than NATO joint command.”

France 24

European elections leave markets jittery: What do far-right gains mean for EU?

A cloud of uncertainty is hovering over Europe this June in the wake of the European elections. In France, the National Rally party of Marine Le Pen dominated the polls to such an extent that President Emmanuel Macron immediately dissolved parliament and called for new elections. The possibility of seeing…

The Guardian - UK

Europe and the US should work with China. Joint climate action could be a win-win

From deals on electric cars to solar panels, all sides could benefit from the global green energy transition, says Simone Tagliapietra of the Brussels-based thinktank Bruegel

France 24

Collapse & chaos: SVB, Signature Bank failures spark global panic

Is America facing a banking crisis? As regulators try to stem the fallout from the collapse of Silicon Valley and Signature Banks, we look at the risks for the rest of the system. Kate Moody speaks to economist Nicolas Veron from the Peterson Institute for International Economics and the European…

Al Jazeera

Europe leaps towards energy autonomy as sanctions undercut Russia

Moscow has waged an energy war against the EU over the past year, but the bloc appears to be holding firm.

The Guardian - UK

How Putin’s plans to blackmail Europe over gas supply failed

Within eight months of Russia invading Ukraine, the EU’s 27 states had replaced about 80% of the natural gas they used to get from Moscow

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