Rebecca Christie

3 weeks ago | bruegel.org | Rebecca Christie |Conall Heussaff |Georg Zachmann |Heather Grabbe

The European Union Nature Restoration Law (NRL) entered into force in 2024. The NRL sets quantitative restoration targets aimed at improving natural habitats that are currently in poor condition, with substantial leeway for countries to choose implementation pathways that fit their priorities. This Working Paper examines three pathways: (1) evenly spreading restoration efforts across all ecosystems; (2) prioritising cost-efficiency; and (3) maximising carbon sequestration.

1 month ago | bruegel.org | Rebecca Christie |Armin Steinbach |Jeromin Zettelmeyer |Zsolt Darvas

In the context of the push by the European Union for regional integration in the Western Balkans, this paper explores the barriers to, and prospects for, deeper intra-Western Balkan economic relationships. First, it addresses the pronounced bilateral economic relationships between Western Balkan countries associated with historical path-dependencies.

1 month ago | bruegel.org | Nicolas Véron |Giulia Gotti |Conor McCaffrey |Rebecca Christie

Language English First Glance financial regulation sustainable finance banking union capital markets Report banking union eu budget eu governance financial regulation Event This event at CER’s London office delved into the progress and ongoing challenges of Europe’s banking union since 2014 Podcast Bruegel’s founders recount the think tank’s creation and its journey to becoming a key player in Europe’s economic policy landscape eu governance Euro crisis transatlantic relations european...

1 month ago | bruegel.org | Rebecca Christie |Ignacio Garcia Bercero |Heather Grabbe

The outcome of the 19 May European Union-United Kingdom summit took the form primarily of declarations of intent that will need to be followed with substantive negotiations. Nevertheless, the summit was a major step towards the EU and UK working together more closely. The most ambitious part of the EU-UK reset is on security and defence. This makes sense because the EU cannot achieve strategic autonomy without working with the UK to build effective defences and deter Russian aggression.

1 month ago | bruegel.org | Ignacio Garcia Bercero |Rebecca Christie |Uri Dadush |Niclas Poitiers

The major turbulence being experienced by the world economy could lead to a global recession and the collapse of the norms and institutions that have been critical for stability and economic development since the Second World War. In particular, the United States has adopted a level of tariff protection last seen in the 1930s and there are signals of financial instability that could weaken the role of the dollar in the international monetary system.