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European Union

The Future of EU ATM Markets

Date of Editorial Board meeting: 
Publication date: 
Friday, October 5, 2018
Abstract in English: 
ATMs constitute a critical component in today’s infrastructure for facilitating cash payments. However, ongoing digitalisation (cashless payments, e-commerce and online banking) is challenging the role of ATMs and putting pressure on the cash infrastructure in the EU. The shift from cash to cashless payments reduces the need for cash withdrawals and the rise of online banking challenges the bank branch as the traditionally most prevalent location for ATMs. Moreover, the introduction of pricing policies might also change the dynamics in EU ATM markets. Transparency and price caps on the so-called dynamic currency conversion (DCC) as well as potential reductions in interchange fees will put pressure on the revenues of certain ATMs.
Against this background, this report assesses the sensitivity of EU ATM markets to ongoing digitalisation and pricing policies. The impact of these developments is assessed across business models in Belgium, France, Germany, Greece, Poland, Portugal, Spain and Sweden, which are representative of the ATM markets in all EU member states.
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Number of pages: 
135
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The price of success, the benefit of setbacks: Alternative futures of EU-Ukraine relations

Date of Editorial Board meeting: 
Publication date: 
Friday, June 29, 2018
Abstract in English: 
This article explores the various futures of relations between the European Union (EU) and Ukraine. After distilling two major drivers we construct a future compass in order to conceive of four futures of relations between the EU and Ukraine. Our scenarios aim to challenge deep-rooted assumptions on the EU’s neighbourhood with Ukraine: How will the politico-economic challenges in the European countries influence the EU’s approach towards the East? Will more EU engagement in Ukraine contribute to enduring peace? Does peace always come with stability? Which prospects does the idea of Intermarium have? Are the pivotal transformation players in Ukraine indeed oligarchs or rather small- and medium-sized entrepreneurs? After presenting our scenarios, we propose indicators to know in the years to come, along which path future relations do develop. By unearthing surprising developments we hope to provoke innovative thoughts on Eastern Europe in times of post truth societies, confrontation between states and hybrid warfare.
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12
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Tomorrow’s Silk Road: Assessing an EU-China Free Trade Agreement – 2nd edition

Date of Editorial Board meeting: 
Publication date: 
Monday, June 25, 2018
Abstract in English: 
In developing its international trade strategy since 2006, the EU has placed a strong emphasis on concluding Free Trade Agreements (FTAs) with dynamic East Asian economies. Until very recently, however, no explicit mention has been made of China – the region’s largest and most dynamic economy – as a possible candidate for an FTA with the EU. This oversight becomes even more glaring if one considers the magnitude of the economic intercourse that already exists today between these two trading partners. China is the logical sequel in the Union’s trade strategy for East Asia. This study attempts to provide a solid analytical basis for negotiations on an EU-China Free Trade Agreement (formally, Free Trade Area treaty). The first official suggestion for such an FTA, made by Chinese President Xi Jin Ping in the spring of 2014, has recently been considered, cautiously and under various conditions, by the EU as well.
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Number of pages: 
333
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The Impact of Brexit on the European Armament Industry

Date of Editorial Board meeting: 
Publication date: 
Monday, August 28, 2017
Abstract in English: 
The present paper maps out some of the tangible potential consequences of Brexit on the European armament industry. A year after the UK’s vote to leave the bloc, there has been altogether little thinking dedicated to the issue. Will the UK have access to EU research funding up to and after 2020? What is the potential impact of Brexit on the European Defence Agency, the European Commission and its directives, on OCCAR and the LOI? What repercussions might it give rise to for bilateral or multilateral European programmes? What will be the impact of negotiations on UK-EU defence company agreements, from Thales to Airbus, and from MBDA to Leonardo? The aim of the following report is to provide a modicum of clarity on issues, which may seem uncharted in places, and inscrutable at times.
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Number of pages: 
40
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The Impact of Brexit on the European Armament Industry

Date of Editorial Board meeting: 
Publication date: 
Monday, August 28, 2017
Abstract in English: 
The present paper maps out some of the tangible potential consequences of Brexit on the European armament industry. A year after the UK’s vote to leave the bloc, there has been altogether little thinking dedicated to the issue. Will the UK have access to EU research funding up to and after 2020? What is the potential impact of Brexit on the European Defence Agency, the European Commission and its directives, on OCCAR and the LOI? What repercussions might it give rise to for bilateral or multilateral European programmes? What will be the impact of negotiations on UK-EU defence company agreements, from Thales to Airbus, and from MBDA to Leonardo? The aim of the following report is to provide a modicum of clarity on issues, which may seem uncharted in places, and inscrutable at times.
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Number of pages: 
40
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The Impact of Brexit on the European Armament Industry

Date of Editorial Board meeting: 
Publication date: 
Monday, August 28, 2017
Abstract in English: 
The present paper maps out some of the tangible potential consequences of Brexit on the European armament industry. A year after the UK’s vote to leave the bloc, there has been altogether little thinking dedicated to the issue. Will the UK have access to EU research funding up to and after 2020? What is the potential impact of Brexit on the European Defence Agency, the European Commission and its directives, on OCCAR and the LOI? What repercussions might it give rise to for bilateral or multilateral European programmes? What will be the impact of negotiations on UK-EU defence company agreements, from Thales to Airbus, and from MBDA to Leonardo? The aim of the following report is to provide a modicum of clarity on issues, which may seem uncharted in places, and inscrutable at times.
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Number of pages: 
40
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The Impact of Brexit on the European Armament Industry

Date of Editorial Board meeting: 
Publication date: 
Monday, August 28, 2017
Abstract in English: 
The present paper maps out some of the tangible potential consequences of Brexit on the European armament industry. A year after the UK’s vote to leave the bloc, there has been altogether little thinking dedicated to the issue. Will the UK have access to EU research funding up to and after 2020? What is the potential impact of Brexit on the European Defence Agency, the European Commission and its directives, on OCCAR and the LOI? What repercussions might it give rise to for bilateral or multilateral European programmes? What will be the impact of negotiations on UK-EU defence company agreements, from Thales to Airbus, and from MBDA to Leonardo? The aim of the following report is to provide a modicum of clarity on issues, which may seem uncharted in places, and inscrutable at times.
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Number of pages: 
40
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Nobody move! Myths of the EU migration crisis

Original Language: 
Date of Editorial Board meeting: 
Publication date: 
Wednesday, December 13, 2017
Abstract in English: 
This Chaillot Paper contextualises the dilemmas facing EU policymakers as Europe experienced an unprecedented influx of migrants and refugees in 2015-2016. Analysing and comparing the differing perspectives of external experts and internal practitioners, it examines how the EU’s enlargement, neighbourhood and development policies evolved in response to the migration crisis.
The paper identifies nine important shifts in European foreign policy that took place during the crisis, offering an explanation of why each occurred.
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Number of pages: 
157
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Making America First in the Digital Economy: The Case for Engaging Europe

Date of Editorial Board meeting: 
Publication date: 
Tuesday, May 8, 2018
Abstract in English: 
In an age of transatlantic tensions over the Iran deal, trade balances, and steel tariffs, digital policy is uniquely poised to offer opportunities for greater US-EU cooperation. At the same time, the digital arena also has the potential to be a policy minefield, with issues such as privacy, digital taxation, and competition policy still unresolved. Making America First in the Digital Economy: The Case for Engaging Europe addresses these challenges and explores how the US-EU digital agenda fits in the larger transatlantic relationship.
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24
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The Euro’s Difficult Future

Date of Editorial Board meeting: 
Publication date: 
Thursday, September 14, 2017
Abstract in English: 
In The Euro’s Difficult Future – Competitiveness Imbalances and the Eurozone’s North-South Divide author Luigi Bonatti, a professor of economics at the University of Trento in Italy, stresses that the existing North-South competitiveness divide creates growing tensions between member countries and fuels hostility towards European Union institutions. The paper illustrates why this competitiveness divide is structural, cannot be tackled by macroeconomic policies, and could threaten the euro’s survival.
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18
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