Welcome to Better Europe's weekly update on EU Affairs. TRUMP SIDELINES DRAGHI AT EU SUMMIT Disruption in the agenda of next week’s European Summit. EU leaders were initially meant to focus on the roadmap to implement the competitiveness recommendations discussed with Draghi and Letta at the Alden-Biesen castle in February, and hear back from the Commission on how they will advance the Savings and Investment Union strategy. But the economic fallout from Donald Trump’s military campaign in Iran has reshuffled priorities, pushing other files down the agenda. During a discussion among ambassadors on Wednesday, several participants stressed the need to maintain momentum on the competitiveness agenda. Yet the immediate focus has shifted to energy prices and broader economic repercussions. Ukraine could also return as an urgent topic for leaders with…

Welcome to Better Europe's weekly update on EU Affairs. MADE IN EUROPE... OR MADE WITH EUROPE? Earlier this week, the debate over Europe’s economic sovereignty resurfaced in Brussels. The Commission was preparing its long-awaited (or should we say, long-delayed) Industrial Accelerator Act, expected to introduce a form of “European preference” in strategic sectors. But even before its publication, rumour had it that the slogan had already evolved. What started as “Made in Europe” quietly became “Made with Europe”, reflecting internal divisions within the Commission over how far Brussels should go on economic protection. Countries with trade agreements with the EU would remain in the game, provided reciprocity is respected. By Wednesday, the verdict was in. Commission Executive VP Stéphane Séjourné presented what he called a “doctrinal shift” in EU industrial…

Welcome to Better Europe's weekly update on EU Affairs. MADE IN EUROPE NOW REALLY COMING NEXT WEEK The Commission’s “Made in Europe” moment is starting to look a little too messy. The Industrial Accelerator Act, meant to entrench a European preference in sectors like tech and green, was delayed once again (from January!) and is now expected next week, on 4 March. Officially, due to “ongoing discussions”. In reality, the College seems split on how far the European preference should go. For France, set to benefit most due to its control over key European industries, the sky is the limit. Germany however, is showing resistance, and pressure is not only coming from inside the Justus Lipsius building. Washington warned that Made in Europe would contradict the spirit of the July…

Welcome to Better Europe's weekly update on EU Affairs. EU-US trade agreement: we’re friends again Next week, the Parliament is set to vote on the EU-U.S. trade deal agreed last summer between the European Commission and Washington. After weeks of political tension including Trump’s Greenland occupation plans and fresh tariff threats, the file is back on track. The compromise hammered out by Parliament’s political groups adds safeguards: a sunset clause would see the agreement expire in March 2028 unless renewed, and a suspension mechanism could kick in if the US violates the terms. There’s also a safeguard for sensitive sectors, and an automatic penalty if Washington doesn’t follow through on its side of the steel commitments. As transatlantic trade is worth €1.68 trillion, it’s not a surprise that business groups…

Welcome to Better Europe's weekly update on EU Affairs. ELECTIONS: RELIEF IN PORTUGAL, POPULARITY TESTS AHEAD ELSEWHERE Last Sunday, Portugal gave everyone in Europe a sigh of relief as centre-left António José Seguro won the presidency by a wide margin over far-right leader André Ventura. The relief is real, even if Ventura still got 33% of the votes, cementing his party Chega as a long-term player rather than a passing protest. Elsewhere, politicians in the Netherlands are campaigning for local elections on 18 March, which risk being turned in a stress test of the new government minority government to be installed in two weeks. France, meanwhile, has municipal elections on 15 and 22 March which will give a first hint of the Rassemblement national’s chances of seeing Marine Le Pen…

Welcome to Better Europe's weekly update on EU Affairs. THE ONLY WAY IS UP FOR DRAGHI AND LETTA All eyes are on two former Italian Prime Ministers next week, as they will address EU government leaders at a special Summit at Alden Biesen castle, on the Flemish countryside. More than a year after the Draghi and Letta reports on competitiveness and the single market, national leaders are going to hear on Thursday that the funding gap to address Europe's green, digital and defence needs is much bigger than the 800 billion a year presented before. It is a public secret that Draghi is frustrated at the lack of progress on his recommendations, with only 10% of his report implemented according to the Draghi Observatory. Von der Leyen has used a…

Welcome to Better Europe's weekly update on EU Affairs. THE RETURN OF THE WARBORN Better Regulation ‐‐ the favourite topic of our weekly review. It's been a while since we last heard from regulatory fitness poster child Jörgen Warborn as he was busy getting his latest non-legislative report on Better Law-Making across the finish line. We have to be honest: after the ugly burden reduction sprint in last year's Omnibus I deal, the report voted this week is a refreshing marathon of sensible Better Regulation statements. The Parliament "strongly regrets that the Commission is increasingly failing to carry out impact assessment". These assessments must consider not just costs, but also social, economic and environmental impacts. And any further burden reduction measures should also come with an ex-post evaluation, cost-benefit analysis…

Welcome to Better Europe's weekly update on EU Affairs. VON DER LEYEN SLAPPED IN THE FACE ON TRADE DEALS The Parliament’s fourth try to adopt a motion of censure against Ursula von der Leyen’s Commission failed as expected: with only 165 votes in favour and 390 against, it fell far short of the two-thirds majority required to dismiss the College. The motion, led by the far-right Patriots, was presented as a protest against the Commission's management of the EU-Mercosur agreement. However, the more significant blow to von der Leyen’s authority had already been delivered earlier in the week: MEPs decided to delay the vote on the EU-U.S. trade agreement, and voted to refer Mercosur to the Court of Justice, delaying its final adoption by up to two years. To add…

Welcome to Better Europe's weekly update on EU Affairs. PARLIAMENT STRIKES FIRST IN ECB WAR OF SUCCESSION Parliament has the European Central Bank on its mind. While Trump is trying to find a way to take the printing press away from his central bankers and force them to define the interest rates that he appreciates, MEPs still believe in soft power to nudge the ECB in line with their policies. In a report adopted this week, they welcome the independence of the ECB, stress the importance of physical cash, and suggest to take a cautious approach for setting interest rates to avoid overshooting. The political fork in the road on how agile interest rate policy should be is also reflected in the appointment of a new ECB Vice-President, a decision…