Anna Heckhausen

@annaheckhausen.bsky.social

EU Economic Policy | Europe's Future @Bertelsmann Stiftung https://bst-europe.eu | Views are my own

The numbers are finally on the table. The Cypriot Council Presidency has published its long-awaited first negotiating box with figures for the EU’s next 7-year budget, the #MFF. A first take on what changes, what doesn’t – and why Berlin will not be very happy. 1/

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All eyes are currently on Hungary - not only because of Tisza’s 137 seats in parliament or viral dance moves of the health minister-to-be, but also because the change in government will have major implications for the EU. Here are 3 ways the election results matter for the next EU budget #MFF 1/8

When it comes to the EU’s next #MFF, its external action heading, #GlobalEurope, has received far less attention than the others. Yet at a time when traditional development heavyweights are pulling back, the EU’s role in external action matters more than ever. So what’s in the COM proposal? 1/10

1/ The Industrial Accelerator Act (IAA) leaked yesterday. The draft is still very raw: major provisions are missing, placeholders run throughout, and key annexes are empty or absent. This is clearly not the final word ahead of its presentation on 29 Jan – more below.

How should the EU react to Trump’s tariff threats over Greenland? Get out of self-deterrence, launch the Anti-Coercion Instrument (ACI) and focus on concrete levers instead of the next abstract tools debate. This is an explainer how this could work: 1/ 🧵

Today’s Sustainability Omnibus vote in the EP marks a turning point for the EU’s centrist coalition & sets course for the rest of the simplification agenda. The EPP broke with traditional partners, seeking a majority with far-right groups to deliver its vision of how to cut sustainability rules. 1/

EU conservatives vote with far right to approve cuts to green rules

The outcome highlights the EPP’s willingness to abandon its traditional centrist coalition allies.

politico.eu

Trump’s trade war has unfolded as a series of threats, announcements, pauses, starts and deals, and the coining by the FT’s own @robarmstrong.bsky.social of the term “Taco” — Trump always chickens out. Even with all the changes, the de facto tariff rate is at its highest level in nearly a century.

A stepped line chart titled “The progression of Trump’s tariffs” shows the effective US global tariff rate from 1900 to 2025. The rate, near 9.8 per cent in early 2025, rises through successive tariff announcements to an estimated 16.4 per cent by September 2025 — the highest in nearly a century. Annotations mark key moments such as “Liberation day,” tariff threats on the EU, and new deals with Vietnam, Indonesia, and Japan.

Metsola seems to suggest that, because the European Council has said so, Parliament will have no choice but to push through the omnibus with votes from the far right after Wednesday’s failed vote. This is a worrying stance and a puzzling view of the EP’s relationship with EU leaders

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