Think Tank

On 7 April 2026, the European Commission published a proposal for a regulation on the European Union Space Services Agency. The proposal aims to provide the current European Union Agency for the Space Programme, established in 2004, with a specific legal basis, to ensure the continuity of operations beyond the current (2021-2027) EU multiannual financial framework. It includes proposed provisions on the agency's governance and tasks in relation to the operation of EU space infrastructure and services ...

Strengthening joint capability development has become a central priority of EU defence policy in response to persistent capability gaps, fragmentation in procurement, and the deteriorating European security environment. Although Member States retain primary responsibility for defence planning and acquisitions, the European Union has progressively established instruments intended to encourage cooperative capability development and strengthen the European defence technological and industrial base. ...

Using the 2022-2023 experience as a benchmark, we examine the challenge the ECB faces as it confronts a new energy-driven supply shock, reaching three main conclusions. Modern cost-price transmission channels are such that even a temporary energy shock tends to produce persistent and broad-based inflationary effects. Mitigating fiscal measures increases inflation persistence and the cost of maintaining price stability. Current consumer price developments resemble those after the 2022 crisis. We suggest ...

This digest provides a collection of documents prepared by the academia, think tanks, other EU institutions and bodies, as well as stakeholders that can be useful for Members of the European Parliament’s Committee on Budgets to stay informed about the debate concerning the next Multiannual Financial Framework, starting in 2028. The document is produced monthly by the Budgetary Support Unit of DG BUDG and the European Parliamentary Research Service.

This briefing is intended to provide background information for the public hearing organised by BUDG on ‘NRPPs and lessons from the RRF delivery model: long-term EU resilience and social cohesion in the context of demographic challenges’. The structure of the briefing mirrors the three distinct thematic panels of the hearing: conditionalities and the Recovery and Resilience Facility (RRF): lessons for the NRPP delivery model; flexibility versus predictability: how to guarantee long-term investments ...