Nordic defence cooperation in the context of the creation of the ESDP of the EU

2017 ◽  
Vol 22 (2(29)) ◽  
pp. 153-161
Author(s):  
О. В. Романова

Significance This could create an alternative benchmark safe-haven asset to rival German Bunds within the region. As part of its issuance plans, the EU intends to issue at least EUR50bn in green bonds annually, which is likely to make it the world’s largest issuer of these bonds. Impacts The increased importance of EU bonds over time will help to support the euro's value and could eventually put pressure on the dollar. The EU is leading the world in green bond issuance, but the risk of spurious environmental claims (‘greenwashing’) must be managed. The creation of new EU bonds will help reduce the funding costs of riskier euro-area members such as Italy.


2020 ◽  
Vol 9 (1) ◽  
pp. 117-147
Author(s):  
Diego González Cadenas

For some scholars, the possibilities for diminishing the European democratic deficit and the Union’s legitimacy crisis are intertwined with the creation of a European demos and a European public sphere, that, in turn, can create a European civil solidarity. The European citizens’ initiative, which has recently been re-regulated, was precisely designed to help to solve these problems. As we shall see, the new Regulation includes a whole series of positive technical issues that will improve the usage of the mechanism. However, the European citizens’ initiative is still far from being a popular initiative and, therefore, to contribute to diminish the perception of distance between institutions and citizens of the EU or promoting the creation of a European demos. In this vein, after an overview of the European citizens’ initiative new Regulation main innovations and weaknesses, I will present a set of measures in order to achieve a more effective development of the mechanism.


2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Markku Räsänen ◽  
Henrikki Mäkynen ◽  
Mikko Möttönen ◽  
Jan Goetz

AbstractQuantum computing holds the potential to deliver great economic prosperity to the European Union (EU). However, the creation of successful business in the field is challenging owing to the required extensive investments into postdoctoral-level workforce and sophisticated infrastructure without an existing market that can financially support these operations.This commentary paper reviews the recent efforts taken in the EU to foster the quantum-computing ecosystem together with its current status. Importantly, we propose concrete actions for the EU to take to enable future growth of this field towards the desired goals. In particular, we suggest ways to enable the creation of EU-based quantum-computing unicorns which may act as key crystallization points of quantum technology and its commercialization. These unicorns may provide stability to the otherwise scattered ecosystem, thus pushing forward global policies enabling the global spread of EU innovations and technologies.The unicorns may act as a conduit, through which the EU-based quantum ecosystem can stand out from similar ecosystems based in Asia and the United States. Such strong companies are required because of the level of investment currently required in the marketplace. This paper suggests methodologies and best practices that can enhance the probability of the creation of the unicorns.Furthermore, we explore future scenarios, in which the unicorns can operate from the EU and to support the EU quantum ecosystem. This exploration is conducted focusing on the steps to be taken and on the impact the companies may have in our opinion.


2019 ◽  
Vol 25 (2) ◽  
pp. 141-146 ◽  
Author(s):  
Vladislav Krastev ◽  
Blagovesta Koyundzhiyska-Davidkova ◽  
Nadezhda Petkova

Abstract In 2000, the global policy against the phenomenon of “corruption“ was launched by the United Nations, and in 2003 the United Nations Convention against Corruption (UNCAC) was adopted, which Bulgaria ratified three years later. Two months after the adoption of this international convention, Bulgaria became part of the European Union. The accession was accompanied by the creation of “specific accompanying measures” aimed at correcting identified deficiencies in various areas, including measures against corruption. As a result of the annual reports of the European Commission on Bulgaria’s progress on the Co-operation and Verification Mechanism, anti-corruption law-making has begun to develop and improve. Serious progress in this direction is the creation of legislation in the area of “conflict of interest”, which is not exactly corruption but creates prerequisites for its development, especially in the public sphere. The paper presents the result of the analysis of the created anti-corruption legislation after the accession of the Republic of Bulgaria to the EU. Particular attention is paid to the law adopted in 2018 regulating anti-corruption measures, as well as the terms and procedure for the seizure of illegally acquired property for the benefit of the state.


Author(s):  
Vanessa Mak

This chapter makes an analysis of the theoretical foundations of lawmaking in European private law. It shows that they can be traced to transnational and constitutional pluralist theories. The main question is in which respects legal pluralism should replace the monist, state-centred perspective on lawmaking that prevailed in Western Europe since the creation of the Westphalian nation state. It is argued that, even though the state remains the primary locus for lawmaking in private law in the EU, the rise of private regulation and the interaction between courts through judicial dialogues plead in favour of adopting a strong legal pluralist perspective. ‘Strong’ or ‘radical’ legal pluralism, other than monism or ‘ordered’ legal pluralism, holds that norms can co-exist without a formal hierarchy. Both a descriptive and a normative case are put forward in support of adopting this perspective.


Author(s):  
B. Guy Peters ◽  
Jon Pierre

This chapter examines the European Union’s capacity to govern effectively. It argues that the creation of governance capacity for the institutions within the EU is the goal of much of the process of integration. While European integration is to some extent an end in itself, it may also be the means for attaining the capacity to govern a large territory with complex economic and social structures. The chapter first explains what governance is before discussing various criticisms levelled against it and how governance works in Europe. It then outlines a number of propositions about European governance, focusing on multilevel governance, the role of governance in output legitimization, and the claim that European governance remains undemocratic, is highly segmented, and is transforming. The chapter proceeds by looking at changes in European governance styles and policy issues, along with their implications for European integration. Finally, it explores the consequences of enlargement for EU governance.


Subject The Central European perspective on greater EU cooperation in defence. Significance The proposal on August 26 by German Chancellor Angela Merkel and the leaders of the Central European 'Visegrad Four' (V4) countries for the creation of a European army was the first time such a clarion call had been made collectively by EU leaders, as opposed to the more modest idea of developing European defence cooperation and capability. It is surprising that Poland was part of the initiative, given its commitment to NATO and trans-Atlantic relations, which are often taken as a reason to oppose further EU integration. Impacts Brexit has brought forth a variety of proposals to strengthen the EU's military arm. However, political and operational challenges mean that neither deeper cooperation nor a full EU army will be achieved easily, if ever. Insecurity about Russia and the US NATO commitment to Central Europe underlie the call, but cannot be meaningfully addressed soon. Poland will remain staunchly pro-NATO but must prepare for defence alternatives that can include EU forces.


Subject Denmark's defence policy. Significance Denmark's decision to acquire a new fleet of fifth-generation F-35 stealth joint-strike fighter jets to replace its ageing and non-stealthy fourth-generation F-16s ends a long period of uncertainty around the future of the Danish air force. The purchase of the F-35s will also solidify and deepen Denmark's political-military links to the United States and could open the door for increased cooperation with other northern European countries operating F-35s such as the United Kingdom, the Netherlands and Norway. Impacts The decision will increase the chances of Finland also selecting the F-35 in its upcoming competition to replace its current fleet of F-18s. Participation in future out-of-area operations may be limited, owing to the need to increase the share of the procurement budget. The deal will help solidify Denmark's orientation towards NATO and Washington and away from defence cooperation under the EU.


European View ◽  
2017 ◽  
Vol 16 (2) ◽  
pp. 185-190
Author(s):  
Wolfgang Schüssel

The EU has weathered the financial crisis but continues to face a host of challenges: its role in international politics, the scope of security and defence cooperation, the question of how to redefine the concept of ‘sovereignty', the societal impact of technological disruption and migration, and the general anxiety among the EU's population in relation to globalisation. In this context it is important for the EU to remain confident in itself and its sense of identity.


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