The false promise of a eurozone budget. CEPS Commentary, 7 December 2012

n this new CEPS commentary, CEPS Director Daniel Gros takes a closer look at the US experience to point out that the federal budget provides much less insurance against state specific shocks than widely assumed, while the US Banking Union act as a very powerful shock absorber. Accordingly, he argues that the euro’s long-term stability depends far more on completing plans for a European banking union than on the introduction of a fiscal capacity for the eurozone.

The European Citizen's Initiative: next big thing or new false good idea? Egmont Paper No. 59, July 2013

From the Introduction. One innovative element of the Lisbon Treaty was the creation of a European Citizens’ Initiative (ECI). At the time, this was sometimes hailed as a fundamental change in the European institutional system. A few years after the entry into force of the Treaty, however, much less is heard about this “first truly transnational instrument of modern direct democracy”, this “revolution in disguise”, this “very innovative and symbolic” provision. This could seem surprising at first sight. Since the entry into force of the Treaty, the implementation of this provision has been remarkably rapid. Meanwhile, new arguments have risen concerning the lack of democratic legitimacy of the European Union, and the lack of connection between the European institutions and the citizens.

Euro-enthusiasm, Euro-rejection, and various shades of grey: The 2014 European Parliament election campaign in the Netherlands. EPIN Commentary No. 18/29 April 2014

With less than a month to go to the European Parliament (EP) elections, campaigning has barely begun in the Netherlands. Whether the campaign will address concrete EU policies or the future of the European Union remains to be seen, but this author argues that the outcomes will probably have less to with the parties’ stance on Europe than with the unpopularity of the incumbent parties and the ‘second order’ character of EP elections.

Ireland's Rejection of the Lisbon Treaty and the EU's Impasse.

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Euro-enthusiasm, Euro-rejection, and various shades of grey: The 2014 European Parliament election campaign in the Netherlands. EPIN Commentary No. 18, 29 April 2014

With less than a month to go to the European Parliament (EP) election in the Netherlands on May 22nd, the campaign has barely kicked off. It remains to be seen whether the campaign will address concrete EU policies in a palatable way and whether all parties are able to present clear visions about the future of the European Union. The traditional mainstream parties (the Christian Democratic CDA, Liberal VVD and Social Democratic PvdA) all agree that EU membership is essentially beneficial to the Netherlands, but are careful to stress the shortcomings of the EU in its present form. The parties outside the traditional three that can be expected to do well adopt a more outspoken position on European integration. These include the pro-European Democrats 66 (D66), the Eurosceptic Socialist Party (SP), and the Euroreject Freedom Party (PVV). Yet, reasons for their success should probably not be sought mainlyin their positions on European integration, but rather more in the unpopularity of the incumbent parties and the „second order‟ character of EP elections.

Europe’s false alibi in the G2. EuropEos Commentary No. 9, 13 May 2011

In the wake of Osama Bin Ladin’s death and against the background of a more confident United States and a more anxious China, Marta Dassù explores in this EuropEos Commentary the prospect that these two leading countries could form a ‘G2’, further marginalising Europe.