The Latest Breaking News from Bruegel

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.

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.

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

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…

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

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…

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

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

It's anyone's guess where oil prices go next year, but these three factors are likely to be critical.