State of the Union (SOTEU) 2026

State of the Union (SOTEU) 2026

The State of the Union (SOTEU) address is an annual speech by the President of the European Commission to the European Parliament, setting the priorities for the Union for the year ahead.

In this world, Europe has chosen to forge its own path. And a stronger, independent Europe is now emerging.

https://commission.europa.eu/strategy-and-policy/state-union_en


State of The Union

Rolf Englund, Internet 20/1 2003

https://www.internetional.se/stateoftheunion.htm


Visst förstår vi EMU-motståndare att det behövs en politisk union, ett Europas Förenta Stater, om en gemensam valuta skall ha en chans att överleva.

Men vi vill inte ha ett Europas Förenta Stater, i vart fall inte utan att Europas stater redan har blivit mer förenade än vad de är i dag och framförallt inte innan de europeiska folken har givit sina ledare ett mycket klart mandat att övergå från nationalstater till en union.

Att uppge rikets suveränitet är en stor fråga.

https://englundmacro.blogspot.com/2010/02/annika-strom-melin-staller-emu-fragan.html


Problemets kärna är att det inte går att ha EMU om man inte vill ha ett Federalt Europa, styrt från Bryssel och Frankfurt, eller om det blir Berlin.

Rolf Englund, Nya Wermlands-Tidningen, 11 juni 2001

https://www.nejtillemu.com/englundcloser0506.htm



Den svenska utrikespolitikens eviga fråga. Skall vi följa Tyskland eller skall vi följa England?

https://englundmacro.blogspot.com/2024/03/den-svenska-utrikespolitikens-eviga.html


The German Problem Niall Ferguson

https://englundmacro.blogspot.com/2025/06/the-german-problem-niall-ferguson-and.html


This is not a repeat of the euro debt crisis of 2010-2012, which was the consequence of launching monetary union without a functioning lender-of-last resort. 

The ECB has since acquired powers to act as a backstop for the debt markets in an emergency. But that alone does not settle the matter.

The ECB’s untested Transmission Protection Instrument (TPI) allows the governing council to buy distressed bonds on its own authority, but only for countries that pursue 

(a) “sound fiscal and macroeconomic policies”; (b) are not “subject to an excessive deficit procedure”; (c) do not have “severe macroeconomic imbalances”; (d) where the “trajectory of public debt is sustainable”; and (e) where stress is “not warranted by country-specific fundamentals”.

The two Germans on the ECB council know that any decision to bail out a French government in open revolt against EU budget rules would be challenged in the German constitutional court

https://englundmacro.blogspot.com/2024/06/the-french-presidents-electoral-gamble.html


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