Think Tank

This briefing provides a summary of the recent economic developments in EU Member States and gives an overview of relevant economic projections forecasted by major EU and international institutions. Annex 1 includes the latest GDP data and forecasts for all EU Member States. Annex 2 provides the latest inflation data and developments.

In 1958, Robert Schuman was elected president of the European Parliamentary Assembly, predecessor to the European Parliament. This French politician, who was particularly sensitive to the tensions between France and Germany, is regarded as one of the 'founding fathers' of what is now the European Union. After the Second World War, he supported the establishment of the Council of Europe and helped to bring many other European projects to fruition. With his declaration of 9 May 1950, considered the ...

The analysis explores the competitiveness of European banks compared to their US counterparts. It highlights structural differences between the two systems, particularly Europe’s reliance on traditional bank intermediation versus US’s market-based model. European banks generally lag in profitability and market valuations, but remain central to credit provision and financial inclusion across the EU. US banks have benefitted from more favourable macroeconomic scenarios. At the same time, recent improvements ...

Aiming to secure peace in Europe after the horrors of the Second World War, the Schuman Declaration proposed cooperation among European countries in two key economic areas central to rearmament and warfare: coal and steel. As an institutional framework for this cooperation, the Schuman Declaration proposed the creation of the first supranational organisation in Europe, the European Coal and Steel Community (ECSC). Established in 1952, the ECSC laid the foundations for today's European Union (EU). ...

In light of the current geopolitical situation, and in response to the growing issue of medicine shortages in the EU, on 11 March 2025 the European Commission put forward a proposal for a regulation on a critical medicines act. The proposed regulation seeks to strengthen the availability of critical medicines in the EU and the security of supply of these medicines by reducing the dependency on single suppliers and third countries and boosting pharmaceutical manufacturing in the EU. It also aims to ...