Under the second Ursula von der Leyen commission, Ukraine and the rest of the countries in Europe’s east absorbed the largest part of the EU’s foreign policy bandwidth. This is making the EU a regional power, not the global one it wants to be, warns Carnegie Europe.

Ten major European banks have partnered to create a new euro-backed stablecoin through a joint venture called Qivalis, hoping to build a European alternative to US dollar-based stablecoins.

The case of Austrian bank Raiffeisen was an early test and Europe passed it for now. Although the plan has been withdrawn, this episode exposed vulnerabilities that could easily be exploited again by Moscow, EU member states, or corporate lobbying. 

EU states are struggling with upcoming border rules that critics say could led to detention-like centres. Under the new regime authorities will have only seven days to screen a prospective asylum seeker.

Today, we kick off an anniversary campaign to convince new supporting members to join EUobserver's mission of providing the information citizens need to safeguard EU democracy.

Russian spies are still active in the EU capital and have a "higher risk appetite" than before the Ukraine war — despite Belgium's efforts to push back against their plots.