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By Pier Domenico Tortola The European Central Bank “needs a rocket scientist, not a rock star”, quipped the website Politico shortly after the nomination of Christine Lagarde to succeed Mario Draghi at the helm of the ECB, starting November 2019. The risk, the commentary continued, is that the presidency of Lagarde, a central banking outsider […]
Since the euro crisis, the European Central Bank (ECB) has expanded its powers from monetary policy to banking supervision in the Eurozone. In the framework of the Single Supervisory Mechanism (SSM), established in 2013, the ECB became responsible for the direct supervision of the largest banks of Eurozone countries.
Why do some European citizens support sharing economic resources across national borders within the EU while others do not? While the EU and its supporters stand for ‘solidarity across borders’, opponents to increased economic integration argue that the money is better spent at home, exemplified by the Brexit leave campaign’s slogan “we can spend our […]
The long-term sustainability of the euro depends heavily on its ability to attract widespread public support. This is one of the main conclusions I and my co-authors reach in our most recent academic work in this field, which draws its evidence from a uniquely large Eurobarometer database and applies the latest econometric techniques. This blog highlights our most salient findings and underscores their relevance in the current policy context.
Scholars often look at international organizations, such as the European Union (EU), in splendid isolation. Over the last decade, however, researchers have paid more attention to how international organizations interact and what this means for international cooperation.
The longstanding “duopoly” between the two major parties is over: The 9th European Parliament (2019-2024) will have a political centre that is both larger and more multi-coloured, with more broadly liberal or green Members. Populist Radical Right Parties gained in weight, too, but their success was – overall – significantly smaller than expected.
By Seán Hanley and James Dawson East European liberals’ accommodation of ethnic nationalism has left the region’s democratic institutions vulnerable The newer EU member states of East-Central Europe (ECE) were long held up as a textbook illustration of how the attractiveness of the EU’s political and economic model, backed by tough accession conditions, could keep shakier […]
Andrew Cottey argues that the existing literature on EU foreign, security and defence strategy has paid insufficient attention to two basic prior questions: what is strategy? And what constitutes good strategy? Answers to these questions help us to understand why the EU struggles with strategy. The 2003 European Security Strategy and the 2016 EU Global […]
Considering EU democracy promotion as an integral part of EU foreign policy, Evangelos Fanoulis examines the effectiveness of political conditionality in the EU’s advocacy of democratic reforms in developing countries. Since its inception in the 1950, the European Union (EU) has tried to spread its democratic principles and values worldwide. These endeavours are broadly known as […]
In September 2017, when we took over the position of editors for the JCMS Annual Review, we came in with a vision to address the challenges facing the discipline of EU studies more broadly. 2017 was certainly an eventful year on all aspects of politics, economics and society and represented a critical moment for all […]
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