Cooperation between countries to manage shared fish stocks is an international obligation. This is a particular challenge for the EU, which shares many of the fish stocks it exploits with third countries. If a third country does not cooperate in the management of a shared stock and decides unilaterally on its fishing opportunities, there is a risk of overfishing. The EU has adopted Regulation 1026/2012 to take measures against third countries that do not cooperate in the management of shared fish stocks. On 13 September 2024, the Commission presented a proposal to amend this regulation. The aim is to clarify the conditions under which a country is deemed to be non-cooperating, as well as the process before and after EU action. The updated regulation would give the EU a stronger tool to tackle unsustainable fishing practices. Source : © European Union, 2025 - EP

The European Commission's ReArm Europe Plan/Readiness 2030, presented in March 2024, proposes to leverage over €800 billion in defence spending through national fiscal flexibility, a new €150 billion loan instrument (SAFE) for joint procurement, potential redirection of cohesion funds, and expanded European Investment Bank support. It also aims to mobilise private capital through the savings and investments union. ReArm Europe has sparked debate. While many welcome its ambition and the EU's growing role in defence, concerns remain about democratic oversight, defence market fragmentation, and economic sustainability. Alternative ideas, such as creating a new Rearmament Bank, or a Defence, Security and Resilience Bank, have gained traction. These could offer low-interest loans and risk guarantees to support European and allied defence investment. Experts caution that, while the ReArm Europe Plan is an important political signal, it must be followed by practical measures to ensure impact. They stress the need to pool procurement, prioritise European-made equipment, and build a more integrated defence industrial base. Others argue the plan should go further, including options for grant-based financing and more robust governance structures. The coming months will be crucial in determining whether ReArm Europe can deliver a truly coordinated and resilient European defence effort. During a March 2025 debate, the majority of political groups in the European Parliament voiced strong support for boosting Europe's defence, backing the ReArm Europe Plan while calling for a long-term strategy. Many urged enhanced strategic autonomy, secure access to resources, and continued aid to Ukraine. Concerns were raised over the sidelining of Parliament through use of Article 122 TFEU and the risk of over-reliance on emergency measures. Some warned that defence spending must not come at the expense of green, social, and R&D funding. Source : © European Union, 2025 - EP

On 18 March 2025, a law was adopted in Hungary restricting the freedom of assembly, by connecting it to a previous controversial law from 2021, which prohibited the public portrayal to children of 'divergence from self-identity corresponding to sex at birth, sex change or homosexuality'. Consequently, events such as Pride marches have been prohibited in the country. On 2 April 2025, Parliament will hold a debate on recent legislative changes introduced in Hungary, including this one, and their impact on fundamental rights. Source : © European Union, 2025 - EP

This study introduces Members of the European Parliament to the different estimates of the level of error affecting EU expenditure in cohesion policy. It explains how the European Commission calculates the estimated ‘risk at payment’ and ‘risk at closure’, how the European Court of Auditors calculates the ‘estimated level of error’ and how the two methodologies differ. The conclusion provides guidance on interpreting the different estimates. Source : © European Union, 2025 - EP

Based on its Treaties, the European Union (EU) has developed a multifaceted external action policy, and is seen as an important actor far beyond its borders. Through its institutions and Member States, the EU is active in international trade, humanitarian assistance, economic, financial, and technical and development cooperation, as well as through its common foreign and security policy (CFSP) and common security and defence policy (CSDP). Increasingly, the external dimension of internal EU policies has also grown, notably in the economic, climate, energy, migration and digital fields. The role of the European Parliament in the EU's external action has increased significantly since the 1990s, and especially after the entry into force of the Treaty of Lisbon (2009). Although Parliament's powers remain relatively limited compared to other EU institutions involved in external action, especially with regard to CFSP and CSDP decision-making (which remain mostly intergovernmental), it nevertheless has considerable legislative, budgetary, agenda-setting and soft powers. Several of Parliament's powers cut across all policy areas. Notably, it proactively supports multilateralism and conducts extensive parliamentary diplomacy. Parliament contributes to policy framing through its debates, resolutions, recommendations, own-initiative reports and statements. It holds hearings, workshops, debates and organises missions. Members of the Parliament exercise scrutiny of the executive, by holding hearings of and posing questions to the European Commission, the European External Action Service (EEAS), the EU's High Representative and the Council. Parliament co-legislates on financing the EU's external action and controls EU institutions' expenditure, including the EEAS, through the discharge procedure. The Parliament acts on an equal footing with the Council when adopting numerous acts in the fields of trade, development and humanitarian aid, and often external dimensions of internal policies. Since 2009, Parliament's consent to legally binding international agreements is mandated by the Treaties. Source : © European Union, 2025 - EP

On 11 February 2025, the European Commission adopted the first work programme (2025 CWP) of the von der Leyen II Commission. Building on the reports by Enrico Letta, Mario Draghi and Sauli Niinistö, and in line with the Commission President's political guidelines, the CWP places a strong emphasis on competitiveness, simplification and implementation, and preparedness. These will remain key horizontal priorities for the entire Commission mandate. In terms of structure, the CWP follows the seven headline ambitions put forward in the political guidelines and is accompanied by a communication on implementation and simplification. The work programme should be read in conjunction with two other recent Commission communications: the 'Competitiveness Compass' – itself a flagship initiative under the 2025 CWP, setting out a strategic long-term plan for rebooting Europe's competitiveness – and the communication on 'The road to the next multiannual financial framework' (MFF), which reflects on how to align the MFF with evolving needs and priorities. Annex I of the 2025 CWP puts forward 52 major new policy initiatives, over 40 % of which fall under the competitiveness headline ambition. Only 18 new initiatives are of a legislative nature, with a further one listed as 'legislative or non-legislative'. Fourteen of the legislative initiatives aim to revise existing legislation; 11 of these have a strong simplification dimension, and only nine are set to be supported by an impact assessment. The relatively low number of legislative files is not uncommon at the beginning of a new mandate, where (non-legislative) strategies, compasses, roadmaps and action plans lay out the new priorities. Several of them, such as the Competitiveness Compass and the Clean Industrial Deal, imply intense legislative activity in the years ahead. The annual plan of evaluations and fitness checks included in Annex II is a novelty – and a step towards increased transparency. Source : © European Union, 2025 - EP

Este documento se integra en una serie de estudios que, desde una perspectiva de Derecho Comparado, tienen como objeto analizar el principio de protección del Medio Ambiente en diferentes ordenamientos jurídicos. Tras la explicación de la normativa y la jurisprudencia de aplicación, se examinan el contenido, los límites y la posible evolución de dicho concepto. El presente estudio tiene por objeto el caso de México. La protección del Medio Ambiente sano está consagrada en México a nivel constitucional como un auténtico derecho fundamental (artículo 4), a la vez que se contiene como un principio rector de la política pública, basado en el desarrollo integral y sustentable (artículo 25). Esta proyección bidimensional busca que el desarrollo nacional no sea en detrimento de la naturaleza. Fruto de los movimientos ambientalistas a nivel internacional de los años 70, el derecho a un Medio Ambiente sano, así como el principio rector como política pública de desarrollo integral y sustentable, han forjado progresivamente un amplio acervo normativo (a nivel nacional y en las treinta y dos entidades federativas), así como doctrinal y jurisprudencial, que reconoce al ambiente como merecedor de protección, tanto por su valor en sí mismo, como por la importancia que tiene para la vida humana y el desarrollo. Sin embargo, este derecho humano enfrenta actualmente múltiples desafíos en materia de acceso a la justicia y acceso a la información, así como retos impostergables derivados de la crisis climática, motivo por el cual se ve comprometido el efecto útil que puede tener el derecho al Medio Ambiente sano, tanto para las generaciones presentes como futuras. Source : © European Union, 2025 - EP

Space holds promise for both economic prosperity and the attainment of strategic goals. The EU's future role in space is contingent on fast-changing geopolitical dynamics, which can range from peaceful cooperation to heightened competition or conflict among global powers. Given the importance of this subject, the European Commission has announced plans to propose an EU space act in the second quarter of 2025. This paper aims to describe the geopolitical context of space activities that affect the EU's current and future capabilities, with a specific focus on the use of space for security and defence and the response to space-related risks. Four distinct future scenarios present contextual conditions that may shape the EU's ambitions in space. The scenarios also highlight challenges and opportunities, while considering policy considerations for EU action. Source : © European Union, 2025 - EP

This study, commissioned by the European Parliamentary Research Service at the request of the European Parliament's Committee on Agriculture and Rural Development, examines the implementation and enforcement of Council Regulation (EC) No 1/2005, with particular focus on animal fitness for transport and data recording. It adopts a mixed-method approach, combining desk research, quantitative data analysis, and stakeholder consultations. The analysis indicates that key compliance challenges persist, especially in relation to journey conditions, documentation, and the transport of vulnerable animals such as unweaned calves and end-of-career animals. While some positive practices were observed, enforcement remains inconsistent, and notable shortcomings were identified, particularly concerning inspection procedures, documentation practices, and the assessment of animals' fitness for transport. The findings highlight the need for clearer regulatory definitions, improved coordination among authorities, and more harmonised inspection and data recording procedures. Source : © European Union, 2025 - EP

Political decision-making frequently focuses on short-term impacts to satisfy current demands and ensure the electability of political representatives in office. Advocates of intergenerational fairness argue for a more balanced consideration of policy consequences, emphasising that long-term thinking is crucial to ensure that political choices made today do not negatively affect generations to come. There is a broad range of mechanisms that represent unborn future generations within contemporary spheres of influence such as courts, parliaments and citizen assemblies. Intergenerational fairness has recently secured itself a spot on the European Union's (EU) executive agenda with the inauguration of the post of Commissioner for Intergenerational Fairness, Youth, Culture and Sport, assigned to Glenn Micallef as part of the von der Leyen II College. His tasks for the present legislative term include developing a strategy for intergenerational fairness, to be published at the start of 2026, and institutionalising youth dialogues. The Commission's Joint Research Centre is presently organising stakeholder consultations on intergenerational fairness. Intergenerational fairness has risen to prominence in political discussions not only within the EU but also on an international scale. At the United Nations Summit of the Future in September 2024, delegates adopted a Declaration on the Rights of Future Generations. The phase-out of fossil fuels featured on the summit agenda, raising questions at the nexus of intergenerational fairness and climate change. Judicial institutions have addressed similar topics, with calls for intergenerational fairness being increasingly prominent in climate litigation. In light of these developments, this briefing will focus on mechanisms for implementing intergenerational fairness within the EU's institutional framework in the context of climate change. Source : © European Union, 2025 - EP

The US Trump administration has set its sights on Ukraine's vast mineral resources, and proposed a deal: to secure a portion of Ukraine's rare earths in exchange for US support in the war against the Russian aggressor. Ukraine is a candidate for EU membership, and an earlier 2021 strategic partnership means the EU also has a stake in the future of Ukraine's mineral sector. This briefing analyses the US and EU positions, to shed light on the potential future of rare earth mining in Ukraine. Source : © European Union, 2025 - EP

During Parliament's April plenary session, a debate will address the planned European oceans pact. This initiative should serve as a model for sustainable ocean governance, and enhance the coherence of EU oceans policy. The European Commission intends to introduce the pact at the third UN Ocean Conference in June 2025. Source : © European Union, 2025 - EP

During its April 2025 plenary session, the European Parliament is expected to adopt its position on a package of three proposals aimed at making safety assessments of chemicals faster, simpler and more transparent by optimising the work of EU agencies involved and creating a common data platform on chemicals. Source : © European Union, 2025 - EP

The latest annual report from the EU's High Representative for Foreign Affairs and Security Policy on EU external action to promote human rights and democracy covers 2023. It highlights a worsening environment marked by multiple crises and conflicts, growing social inequalities, and increasing pressure on multilateral governance and rules-based international cooperation. During its April plenary session, the European Parliament is due to vote on its own yearly resolution on human rights and democracy in the world, responding to the High Representative's report and recommending future EU action. Source : © European Union, 2025 - EP

With the geopolitical situation evolving rapidly in the first months of 2025, EU leaders had already convened three times in advance of their regular March meeting. Next to competitiveness – originally due to be the central focus point – the spring European Council meeting covered issues including Ukraine, the Middle East and European defence. On competitiveness, the EU-27 outlined precise directions to accelerate the EU's economic agenda, focusing on three priorities: cutting red tape, ensuring affordable energy and turning savings into investments. Following Hungary's renewed refusal to agree to conclusions on Ukraine, a separate statement, 'firmly supported by 26 Heads of State or Government', was published, emphasising the EU's commitment to provide further comprehensive support to Ukraine and to contribute to security guarantees. As European Council President António Costa intended, the meeting concluded in one day. It started with the customary speech by Parliament's President, Roberta Metsola, who told EU leaders that Europe had 'thrived on soft power' for decades, but with the global order now changing, 'Europe must position itself as a force to be reckoned with'. This requires 'getting serious about our security, our readiness and our competitiveness'. There was a working lunch with United Nations Secretary-General António Guterres, and an exchange of views with Ukrainian President Volodymyr Zelenskyy. In the afternoon, a Euro Summit in inclusive format took place in the presence of European Central Bank President Christine Lagarde and Eurogroup President Paschal Donohoe. Over dinner, EU leaders held a first discussion on the next long-term EU budget and own resources. Source : © European Union, 2025 - EP

This briefing has been prepared for the public hearing with the Chair of the Single Supervisory Mechanism (SSM), Claudia Buch, scheduled for 27 March 2025 in the ECON Committee. The previous hearing took place on 18 November 2024. Source : © European Union, 2025 - EP

The energy system is a cornerstone of the United States (US) economy and competitiveness. The country's energy mix in 2022 was well-diversified, consisting of two thirds natural gas and oil, with the rest almost equal proportions of coal, nuclear and renewables. By using its vast reserves in fossil fuels and applying new extraction technologies, the US has managed to increase its fossil fuel production significantly over the past 10 years and, since 2019, it has become a net energy exporter for the first time in decades. US fossil fuel exports have increased further since Russia's full-scale invasion of Ukraine, at a time when the EU has looked to close the gap created by its ending imports from Russia. The US is also the world's largest producer of nuclear power, accounting for about 30 % of worldwide generation of nuclear electricity. During the Biden administration, the EU and the US were close allies and shared values on energy and the importance of energy transition. In this context, they cooperated through several channels and forums. At the same time, however, their initiatives (the Inflation Reduction Act in the US, the European Green Deal in the EU) showed that, while the goal (decarbonisation and generation of energy from renewable sources) remained the same, the visions and means to achieve them differed between the US and the EU. This created the conditions for both cooperation and rivalry. Since then, the new Trump administration has shown that it intends to conduct a more aggressive, fossil fuel-based energy policy. This could reduce cooperation and create tensions in energy relations between the partners, as was the case during President Trump's previous term. Source : © European Union, 2025 - EP

This note describes the treaty provisions and appointment procedure for ECA members at EU level. In addition, it provides information on the national nomination procedure for the ECA member in Romania and the country’s candidate. Source : © European Union, 2025 - EP

Every child has rights and deserves protection. It is estimated that around 2.5 million children in the European Union come into contact with the justice system every year. This can be a very stressful and even harmful experience for a child, who may participate in criminal proceedings as either a victim, a witness or a perpetrator. Children can also be parties to civil proceedings such as divorce, custody or adoption procedures, as well as administrative procedures, for example those related to nationality or migration. Because of children's especially vulnerable position, the EU and international organisations such as the United Nations and the Council of Europe are pushing to develop justice systems that are child friendly. Child-friendly justice systems guarantee respect for and implementation of children's rights to the highest possible degree and take account of the maturity of the child and the circumstances of the case. Since the roles children can play in such proceedings and the nature of the proceedings themselves can vary, children may face different issues. However, some rights and needs are universal. For example, children need to be respected and protected. They also have a right to be heard, either directly or through a representative; to be informed and communicated with in a language that they understand; and to receive a speedy response. The Barnahus model is an example of good practice for dealing with children in the justice system, especially child victims, as it provides the child with a coordinated and effective response. Legislation and policy in the EU has addressed the issue, and more work is underway. For example, the work on the recast of the Victims' Rights Directive may provide even more rights to child victims. Source : © European Union, 2025 - EP

The six countries that make up the region known as the Western Balkans differ in terms of size, population, economy, energy mix and energy import dependency. At the same time, they share common elements because of their geographical proximity, and – in some cases – common policies adopted in the past. An example is their ageing infrastructure dating back to the 1970s, which was damaged during the conflicts in former Yugoslavia. Another common element (except for Albania) is their reliance on solid fossil fuels (mainly coal), and their dependency on imports of fossil fuels. The EU is the leading trade partner for the countries of the Western Balkans and an important investor in the region. In addition, it is the largest provider of financial assistance to the region, supporting the six countries' development and reforms, as well as its transition towards sustainable energy, with financial and technical assistance. The EU provides assistance through the Instrument for Pre-accession Assistance, the Western Balkans Investment Framework and the European Investment Bank. While the EU has an important role in the region, Russia and China are major players, too. Russia has been active for decades in the Western Balkans, while China has started engaging more recently. Their strategy also differs, with Russia more focused on exporting its fossil fuels to the region, and China investing through its Belt and Road Initiative. Nonetheless, such involvement creates dependencies, which could hamper these countries' integration into the EU – from both a political and an energy/economic perspective – as well as the functioning of the EU itself. In this context, experts have noted what steps the EU and the countries in the region could take to lessen these dependencies, while enhancing the Western Balkan countries' energy security and helping them take the necessary steps towards the green transition. Source : © European Union, 2025 - EP

Ukraine is the second largest country on the European continent after Russia. Its oil, coal and gas reserves, as well as its geostrategic position, ensured its important role in energy trade, both during the Soviet Union and after its collapse. However, Russia's initial invasion of Ukraine (since 2014), followed by a full-scale war of aggression against the country, have had severe human and economic impacts. In the energy area, for example, Russia's strategy has been to weaponise (e.g. the occupation of Zaporizhzhia nuclear power station) or destroy (hydro and coal-fired power plants, as well as electricity grid substations) energy infrastructure. As a result, Ukraine's electricity generation capacity has been severely limited. Moreover, its choice to be less dependent on Russian energy, and to apply for EU membership, means that, within a short time frame, it must rebuild its energy grid and orient it towards a future with less fossil fuels; all this while being in a war. Energy relations between the EU and Ukraine are multifaceted (e.g. the Energy Community; the memorandum of understanding on energy in 2005, updated in 2016; the association agreement signed in 2014). In future, they are due to be reframed under the institutional arrangements for the enlargement talks (after Ukraine was granted EU candidate status in 2022). Since the Russian invasion in 2022, to help Ukraine cope with the multiple challenges its energy grid has been facing, the EU has used several mechanisms and initiatives, such as successfully synchronising the Ukrainian grid with the Continental European Synchronous Area; the EU civil protection mechanism; the Ukraine Facility; the Ukraine Energy Support Fund; and the European Investment Bank. The outcome of the war is uncertain, and some see recent statements by the new United States administration as a significant setback for Ukraine. Others focus instead on the possibilities for further collaboration between Ukraine and the EU. They bring as examples the country's vast gas reserves and infrastructure both to transport and to store natural gas, nuclear power or green hydrogen, provided that the country engages in the development of relevant infrastructure. Source : © European Union, 2025 - EP

On 20 January 2025, President Trump halted all US foreign aid pending a review. By 10 March, 83 % of USAID programmes had been terminated, creating a US$60 billion funding gap that neither Team Europe – the EU and its Member States collectively – nor other donors can fill, amid declining global official development assistance (ODA). This infographic uses OECD Development Assistant Committee (DAC) data on 2023 ODA commitments and disbursements. Commitments are pledged funds reflecting donor priorities, while disbursements show actual transfers, tracked yearly. Since disbursements often span multiple years, annual payments may stem from past commitments. Commitments are recorded in full when made, while disbursements track the timing of aid. Source : © European Union, 2025 - EP

European Works Councils (EWCs) are bodies that should guarantee employees the right to be consulted on important issues in large multinational companies active in multiple EU countries. However, EWCs have been criticised for being ineffective, on account of unclear definitions, non-dissuasive sanctions and ineffective access to justice. In February 2023, the European Parliament called for legislative action to address the shortcomings identified and strengthen the functioning of EWCs. In response, the European Commission consulted European social partners and put forward a proposal in January 2024 to revise the 2009 directive. The European Parliament's Committee on Employment and Social Affairs voted its report on 3 April 2024 just ahead of the elections. The Council then adopted its general approach on 20 June 2024. On 3 December 2024, the committee decided to enter interinstituional negotiations on the basis of the report, with the mandate confirmed by plenary vote on 19 December. Trilogue negotiations have now started. Third edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure. Source : © European Union, 2025 - EP

In 1947, drawing on the lessons learnt from the global economic damage caused by trade protectionism and tariff wars prior to World War II, 23 countries, including the United States, initiated the General Agreement on Tariffs and Trade (GATT) as a platform for multilateral negotiations aimed at liberalising and boosting global trade. To this end, GATT members - and since 1995 the members of the then newly created World Trade Organization (WTO) - gradually reduced their import tariffs and tariff quotas, creating a multilateral system of country-specific tariff commitments. These commitments, in conjunction with the general principles for their application, have since constrained WTO members' ability to unilaterally set tariffs higher than what they have committed to. Source : © European Union, 2025 - EP

On 7 March 2025, the European Commission published a roadmap for women's rights, to reaffirm the EU's commitment to gender equality, speed up progress in this area, and counteract political movements that contest EU gender equality policies. The roadmap outlines the challenges and benefits of gender equality today, emphasising its political and economic importance. In an annex, a declaration of eight principles for a gender-equal society, inspired by and phrased in the language of human rights, takes a women's rights-centric approach. The roadmap expresses the Commission's commitment to women's rights and invites other EU institutions to adhere to it. The roadmap will serve to guide future EU action and particularly for the new gender equality strategy from 2026, as well as EU external action. To a significant extent, the objectives outlined in the declaration are covered already by EU legislation or non-legislative measures, depending on the extent of the EU's own competences. Since, in some areas, the EU only has limited competences to support and coordinate the action of Member States (such as on health and education), the roadmap emphasises the importance of involving the Member States. The European Parliament held a first debate in plenary on the roadmap on 11 March. In various previous resolutions, the Parliament has expressed support for women's rights and has called on the EU to act against any regression and contestation of gender equality both internally and externally. Various civil society organisations have welcomed the Commission's initiative and called for a recognition of sexual and reproductive rights, as well as an emphasis on intersectional discrimination and vulnerable women, such as disabled women or women with children. The roadmap addresses sexual and reproductive rights, but more as a health issue than a women's rights issue, probably taking into account the EU's limited competences in the area. Source : © European Union, 2025 - EP

In this paper, we propose and analyse four scenarios of a second Trump administration’s economic policy and its impact on Europe, ranging all the way from moderate tariffs to full trade war, a full multilateral breakdown with the US leaving the IMF down to a more cooperative exchange rate realignment agreement. We assess two trade scenarios quantitatively and outline broader policy shocks and their economic consequences. Our findings highlight significant challenges for the ECB, requiring responses to trade disruptions, financial instability, and potential global economic reordering. We offer specific policy recommendations for the ECB to navigate these uncertainties. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 20 March 2025. Source : © European Union, 2025 - EP

EU Heads of State or Government will hold their first discussion on the post-2027 multiannual financial framework (MFF) at the European Council meeting on 20-21 March 2025. Since 1988, when an interinstitutional agreement introduced the first binding MFF, the European Council has played a central role in the process leading to its adoption. In 1992, the Lisbon Treaty established a new procedure whereby the MFF would come into being through the adoption of a regulation. The European Council was not assigned a formal legal role in this procedure. Due to national contributions to the EU budget and the allocation of funding being highly sensitive issues, MFF negotiations have largely been considered as Chefsache, with a strong de facto involvement of the European Council, especially during the past two rounds. This briefing, presented in the form of answers to frequently asked questions, outlines the trends that can be identified regarding the European Council's involvement in decision-making on the EU's long-term budget. Source : © European Union, 2025 - EP

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. Source : © European Union, 2025 - EP

Once considered an issue of the past, conscription has increasingly made its way back onto European, EU and global policy agendas in recent years, mainly since Russia's invasion of Ukraine in 2022. As EU defence policy has steadily progressed, with new procurement initiatives and defence industry reinforcement, a parallel discussion on the EU's armed forces is evolving in the context of the EU's common security and defence policy (CSDP). Europe's civilian and military preparedness and readiness has also come under the spotlight recently, as highlighted by the report presented in October 2024 by former Finnish President Sauli Niinistö. Opinion polls in some Member States also show growing support for the reintroduction of national service or conscription. Mounting threats to European security, fears of transatlantic disengagement, as well as the position of the new United States administration and potential peace plans for Ukraine involving the presence of European troops, has raised awareness of the need to ready Member States' armed forces for the most extreme military contingencies. The conscription landscape across the EU is diverse. National defence is primarily carried out by professional armed forces, but conscription is becoming increasingly relevant. Some EU countries retained conscription practices beyond the end of the Cold War, while others reintroduced conscription modalities following Russia's 2022 invasion. Peacetime conscription policies differ among Member States in, among other things, the number of conscripts, the length of service, the level of compensation provided, and the size of the reserve forces. The Niinistö report underscored the potential importance of conscription in developing a holistic 'total defence' concept that connects military and civil defence, while promoting a 'whole-of-society' approach to crisis response and preparedness. It also proposes increasing structured exchanges between Member States to identify national service and conscription model best practices, potentially facilitated by the EU. Some experts have highlighted the benefits of implementing conscription, while others are sceptical of poorly trained and ill-equipped conscript armies. The European Parliament has repeatedly underlined the limited number of personnel devoted to CSDP missions and operations, highlighting issues related to force generation. Source : © European Union, 2025 - EP

In this paper, we propose and analyse four scenarios of a second Trump administration’s economic policy and its impact on Europe, ranging all the way from moderate tariffs to full trade war, a full multilateral breakdown with the US leaving the IMF down to a more cooperative exchange rate realignment agreement. We assess two trade scenarios quantitatively and outline broader policy shocks and their economic consequences. Our findings highlight significant challenges for the ECB, requiring responses to trade disruptions, financial instability, and potential global economic reordering. We offer specific policy recommendations for the ECB to navigate these uncertainties. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 20 March 2025. Source : © European Union, 2025 - EP

In this issue... ● US President Trump starts enacting his economic policy agenda and threatens the EU with tariffs. ● Headline inflation falls to 2.4% as underlying indicators ease. ● ECB reduces key policy rate by 25 bps. ● The euro continues to strengthen against the dollar amid growing uncertainty on US’s tariffs. ● The Fed keeps rate unchanged among economic uncertainty while challenges to independence arise. ● ECB reckons new US approach to cryptos and CBDCs strengthens the case for a digital euro. Source : © European Union, 2025 - EP

The LUX Audience Award is the largest audience film award in the European Union, presented by the European Parliament and the European Film Academy, in collaboration with Creative Europe MEDIA and Europa Cinemas. Each year, five films are nominated for the award, all tackling important social and political issues within the EU, while showcasing some of Europe's most exciting filmmakers. Beyond being a film prize, the award strengthens European film distribution, promotes gender equality, and fosters critical discussion at the heart of European democracy. Source : © European Union, 2025 - EP

Were the US to impose large and lasting tariffs on its imports from the EU, the effect on the euro area (EA) would be substantial and far-reaching. We expect the direct impact to be inflationary in the US and contractionary on EA aggregate demand and output. The indirect impact through an appreciation of the dollar (partly already occurred) tends to transfer inflation from the US to Europe. The ECB should be mindful that both deflationary and inflationary influences may ensue, and be ready to adjust monetary policy promptly if necessary to maintain price stability. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 20 March 2025. Source : © European Union, 2025 - EP

This briefing report evaluates the ECB's monetary policy in a context of declining inflation and stagnant growth. Inflation risks have been averted and, after a period of relatively tight policy in 2024, benchmark comparisons indicate that the current interest rate is consistent with the ECB's mandate. The prevailing economic and inflation outlook supports further rate cuts. However, the high level of economic policy uncertainty necessitates cautious adjustments. Moreover, official ECB communications offer valuable signals regarding future policy steps. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 20 March 2025. Source : © European Union, 2025 - EP

The repeated crises of recent years, including the COVID pandemic and the Russian war on Ukraine, have disrupted trade relations in many ways. Competition on global markets has become fiercer and the rules-based multilateral order established after World War II is increasingly challenged. The tariffs imposed by the new United States (US) administration are adding to the uncertainty. Trade in goods and services accounts for 22.4 % of EU GDP – the EU is the world's biggest trading bloc and top trading partner for 80 countries. Trade is thus crucial for the EU's growth and competitiveness. In that context, the development of a robust trade policy, enabling the EU to defend itself effectively against unfair trade practices and to level the playing field, has become a core priority for EU leaders. Consequently, trade – an issue traditionally in the hands of the European Commission – has grown in importance on the European Council agenda in recent years. Developing a bold trade policy is also one of the core elements of the New Competitiveness Deal, which was discussed at the EU leaders' special meeting in April 2024. The importance of EU assertiveness on the global stage to defend its trade interests was underlined in the European Council's 2024-2029 Strategic Agenda, the document setting out the EU's direction for the current 5-year term, as well as in the Budapest Declaration of November 2024. It is in light of recent developments that EU leaders will discuss trade at their 20-21 March meeting in Brussels. Source : © European Union, 2025 - EP