What to make of the EU decision on funding for Ukraine? It is a good outcome in my opinion. Here is why:

So what the hell just happened? Two things: Ukraine will get 90 billion euros. And Orbán did not veto that even though he could have. How so? Short thread:

Still lots to digest from the #MFF proposal, but with the colleagues from @delorsberlin.bsky.social we crunched the numbers, shared views & came up with a joint assessment and recommendations on how to move on, Check out this great summary by @nilsredeker.bsky.social 👇 @delorsinstitute.bsky.social

The budget numbers proposed by the EU COM are finally out - but their interpretation is far from unequivocal. Let me give you some comparisons in 2025 prices which is more informative in terms of actual buying power:

Mes premières impressions sur la proposition CPF: Une proposition courageuse, mais qui émane d'une Commission politiquement affaiblie, qui pourrait avoir du mal à faire accepter des changements qui accroissent ses propres pouvoirs. institutdelors.eu/publications...

My first throughts on the #MFF proposal: A courageous proposal — but it comes from a politically weakened Commission, which may struggle to secure buy-in for changes that increase its own powers. The real test starts now. institutdelors.eu/en/publicati...

Here below some interesting findings from a first preliminary comparison between the current MFF and the post 2028-2034 MFF proposal by my colleague @romyha.bsky.social from the Delors centre of Berlin - with all the caveats in mind, as we still do not have the real figures !

Totally agree with @paolatamma.bsky.social ,today's presentation of the MFF proposal has been catastrophic: delays, simultaneous presentation of the proposal at the Parliament and to the press, MEPs having to react on the basis of leaked documents....and we're still missing the real documents ! .

Don't just take our word for it. Here's the verdict from GERMANY: "A comprehensive increase in the EU budget is unacceptable at a time when all member states are making significant efforts to consolidate their national budgets. Therefore, we will not be able to accept the Commission's proposal."

Very glad to have contributed to the Citizens’ Panel on the EU budget, organised by the European Commission, as a member of the Knowledge Committee. It was fascinating to hear 150 citizens from across the EU debate how the budget should be spent — and to help them refine and shape their ideas.

Ma tribune pour le journal "L' Opinion": L’UE doit manier avec précaution la menace d’une taxe numérique européenne lopinion.fr/internationa...?

With Philipp Lausberg from @epc-official.bsky.social a call to embed permanent crisis-response tools into the next EU multiannual budget. Main message: the Union must shift from improvisation to anticipation to face future geopolitical and climate risks

📢 DISCUSSION PAPER: Beyond ad-hoc responses: Strengthening the EU’s fiscal capacity for security and climate Eulalia Rubio and Philipp Lausberg argue for the integration of crisis preparedness into the EU budget. @eulaliarubio.bsky.social Read here 👉 www.epc.eu/en/Publicati...

The results of the coalition negotiations between CDU/CSU and SPD on Europe have been leaked. Some institutional aspects: - better enforcement of rule of law, including suspension of voting rights + making conditionality mechanism into instrument to sanction violations of EU values more broadly

New focus paper! 📣 What lessons can we learn from EU's fiscal responses to the #covid19pandemic for future emergencies? Philipp Lausberg and @eulaliarubio.bsky.social propose concrete investment strategies for EU's #defence and natural disasters. Read them here: regroup-horizon.eu/publications...

Without reforms, CAP transfers would increase by 22-25%. Ukraine would become their main beneficiary, given the scale of its agricultural sector (see this excellent study by @eulaliarubio.bsky.social & al www.europarl.europa.eu/thinktank/en... )...

For those who missed it, Trump has also withdrawn from the OECD global tax deal (bye bye the proposal to create an "own resource" based on pillar 1) In the memorandum he also alerts that US will adopt counter measures if foreign countries apply the deal on US multinat in their territories

1/How can we equip the next MFF with an appropriate crisis response capacity? Cinzia Alcidi and I discuss this in our latest study for the @european parliament 👇

very useful study by @eulaliarubio.bsky.social and Cinzia Alcidi about financing a future EU Crisis Reserve within the next MFF. www.europarl.europa.eu/RegData/etud...

#Economie Pour comprendre les enjeux de compléter le #marché_unique #LeSaviezVous Certains domaines politiques sont restés largement nationaux: 💶 Finance 💻 Communications électroniques ⚡ Energie Infographie par @andreaseisl.bsky.social & @eulaliarubio.bsky.social 👇

Follow us! @matellysy.bsky.social → Defense & Economy @eulaliarubio.bsky.social → EU Budget & EU Public finances @elvirefabry.bsky.social → Geopolitics of Trade @andreaseisl.bsky.social → Industrial policies & Debt @phuc-vinh.bsky.social → Energy @sebastienmaillard.bsky.social → Enlargement

Rescatando la economía valenciana tras el desastre 👇 jorgegalindo.substack.com/p/rescatando...

A geopolitical Union or. 'fortresss' Union? My reflections on the EU council's provisional agreement on the EU budget in this short piece for Agenda Pública agendapublica.elpais.com/noticia/1897...

As noticed in today's FT, things are getting really bad as regards the mid-term revision of the MFF... www.ft.com/content/6cd6.... I put a bit of context on what is happening in a short article published today at Agenda Publica agendapublica.elpais.com/noticia/1894...