On July 1, 2025, Denmark took over the EU Presidency. This is a great opportunity for Danish politicians to lead by example in the EU and renew their membership of the ‘frugal four’.
In March, the incoming German coalition government led by Friedrich Merz from the right-leaning CDU/CSU – the Christian Democratic Union of Germany and the Christian Social Union based in Bavaria – worked with the SPD (Social Democratic Party) and the Greens to pass a historic legislative measure, loosening the stringent rules surrounding the country’s ‘debt brake’ constitutional amendment, known as the Schuldenbremse.
Bulgaria and fifteen other member states have declared their intention to increase (in a coordinated manner) their defence spending without violating the new EU fiscal rules framework. Simply put, the budget deficit will be allowed to exceed 3 per cent of the GDP for the period 2025–2028 if it is allocated to additional military spending, whether in the form of investments or recurrent expenditures.
Economic inequality is often used to justify state intervention in Europe, but historical data suggests economic freedom is more effective in reducing poverty and improving prosperity.
Several competitiveness rankings assess factors such as law enforcement, infrastructure, and taxation law from a business perspective. However, they often lack accessible and practical explanations of how these factors impact the daily operations of small businesses.
In its third consecutive meeting, the Governing Council of the European Central Bank (ECB) cut all three key interest rates by a quarter of a percentage point, as expected. They are now in the range of 3.00–3.40 per cent.