CEO.Table

Why the digital euro in its current form will weaken Europe

The digital euro is supposed to secure Europe’s strength but, in its current form, will weaken the bloc’s sovereignty, competition and trust. The President of the German Savings Banks and Giro Association (DSGV), Ulrich Reuter, argues why Europe is standing in its own way with this project.

By Ulrich Reuter

Iris²

Iris²: Preparing for a milestone

The Iris² satellite constellation is the EU’s project, supported by Esa, to establish its own secure communication system in orbit. The SpaceRISE consortium, which was commissioned to build and operate Iris2, will present its progress at Rendezvous One.

By Corinna Visser

On 16 December 2024, the European Commission (EC) took a significant step towards Europe’s sovereignty and secure connectivity by signing the concession contract for the Infrastructure for Resilience, Interconnectivity and Security by Satellite (IRIS²) with the SpaceRISE consortium led by SES. This partnership will develop, deliver and operate the European Union’s secure satellite connectivity system.

Fiscal policy

Budget: Germany faces deficit proceedings in 2026

Having narrowly avoided one this year, the eurozone’s largest economy faces deficit proceedings in 2026: In the spring, Valdis Dombrovskis wants to know whether Germany’s deficit above the three percent limit can be fully explained by higher defense spending.

By Janos Allenbach-Ammann

Automotive

Local content requirements: How the EU wants to protect its car industry

The EU Commission has announced a comprehensive automotive package and the Industrial Accelerator Act for Dec. 10. The proposals are intended to safeguard Europe’s automotive industry with requirments for locally-sourced content.

By Markus Grabitz, Till Hoppe and Janos Allenbach-Ammann

Peace negotiations

Europe and Russia vie for Donald Trump’s favor

Europeans and Ukrainians have managed to get the US-Russian peace plan revised. It remains to be seen whether Donald Trump will agree. Moscow has criticized the “unconstructive” compromise.

By Stephan Israel, Sara Sievert and Viktor Funk

Marco Rubio

Ukraine war

Ukraine: Europe’s response to the US peace plan

More soldiers, more say for NATO and the Europeans and no violent border shift – Europe and other Western partners are supporting Kyiv with their own plan and mediating between Presidents Volodymyr Zelenskyy and Donald Trump.

By Viktor Funk and Sara Sievert

COP30

COP30: Europe suddenly speaks with one voice on climate protection

Shortly before COP30 in Brazil, EU member states became entangled in disputes over climate targets, climate protection measures and international cooperation. There was no sign of this in Belém — partly because the EU had its back to the wall.

By Lukas Knigge

Trade

EU-US deal: Trade ministers receive Greer and Lutnick in Brussels

In talks with US Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer, the EU trade ministers will focus on the swift implementation of the trade deal. Higher tariffs against Russia are also on the agenda of the Trade Council.

By Janos Allenbach-Ammann

Europe.Table

A successful digital euro needs the banking industry

Contrary to ECB President Lagarde’s plans, only banks should issue the digital euro. Otherwise there is a risk of major security gaps.

By Peter Güllmann

EU internal market

European Business Wallet: What’s inside the digital wallet for companies

With the launch of the European Business Wallet, the EU Commission wants to massively reduce bureaucratic costs and effort for business and administration. At the same time, it should also form part of a sovereign digital infrastructure for companies.

By Corinna Visser

Coin purse with the EU flag.
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