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Welcome to the online edition of the “European Business Review (EBR)”, where journalists and distinguished guest-writers express their views and opinions on European affairs and Business issues with in-depth articles, analyses and commentaries.
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The Council President, Antonio Costa, welcomed the Irish ‘commitment and efforts to advance work’. But the group of the EU net contributors -including Germany, Austria, the Netherlands, Finland, Sweden and Denmark- rejected the Irish proposal and underlined their long-standing demand for several hundred billion euros in cuts to the Commission’s almost €2 trillion budget blueprint as a condition for a deal.

Only President Antonio Costa believes in a deal in his EU Council before Christmas

In his weekly column N. Peter Kramer writes that EU member states are deeply divided over the EU’s next seven-year budget. Do we know more after the EU Council on Thursday?


These are not identical movements, nor do they operate in comparable political systems. But they share a powerful underlying frustration: the traditional route from education to economic security is looking increasingly uncertain.

India’s student protests serve as a warning to Modi: Europe is witnessing them too

From India’s exam scandals to student unrest in France and Belgium, Generation Z is questioning whether hard work still guarantees a better future. But the political consequences could be very different


Debate on this kind of cooperation has percolated policy discussions for two decades. While the concept seems intuitively promising, doubts about what it portends in practice have held it back. Apart from the perennial conundrum of deciding which countries are to be defined as middle powers, the category has struggled to gain substantive cohesiveness: On any policy issue or principle, it invariably spans a full range of clashing positions.

The EU’s Middle-Power Puzzle

While the EU and European governments are embracing the much-lauded middle-power moment, this entails three difficult conundrums


Fundamentally, the current tensions stem from the wholly divergent views Turkey and Israel hold of the regional order. Turkey favors an integrated, stable region led by strong central states. Israel’s current leaders prefer fragmented neighbors that are unable to threaten it.

Global politics Israel and Turkey: Visions of regional order clashing

Both Israel and Turkey hold an unspoken conviction that the other is not merely a regional actor, but an aspiring hegemon seeking to reshape the Middle East in its own image


Investment in space technology is a key factor in ensuring the retention of skilled personnel specialised in cybersecurity, AI, microelectronics and robotics, as this will attract new talent in areas previously conditioned to pursue careers in other EU countries (brain gain). Furthermore, the transition from a microsatellite programme to HELLAS-SPACE 2.0 is of strategic importance, as it will further strengthen Greece’s economic attractiveness by allowing for the sustained development of infrastructure and domestic industry.

New Strategic Implications for the Greek Space Programme

Greece is entering a new age of space involvement where it must strategically ready itself to face the geopolitical and geoeconomic challenges to come


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