Europe wants securitisation to unlock lending, spread risk and push more private money into the economy. But the CEPS commentary warns that Brussels may be staring at a basic market failure of its own making: it is still talking too much about banks and not enough about the investors who actually have to buy the risk

Europe’s air forces are chasing drones while the real shortage sits under their wings. The RUSI commentary argues that NATO’s European members do not first need a new fantasy fleet of uncrewed aircraft. They need missiles and bombs – quickly, in depth and in the right types.

Germany is being warned that its China policy is drifting into danger. The National Interest commentary argues that Berlin is clinging to Beijing as a business lifeline just as the United States and several EU partners are hardening their line against Chinese trade abuses.

France is no longer watching the far right from a safe distance. The Christian Science Monitor interview with Victor Mallet, author of Far-Right France: Le Pen, Bardella and the Future of Europe, presents a country where Marine Le Pen’s National Rally has moved from political outcast to power-in-waiting.

The global aid system is in deep trouble – and Europe is right in the middle of the mess. This CIDOB paper argues that development cooperation is facing not just a budget squeeze, but a governance crisis that exposes how badly the old Western-led model fits today’s world.

Latvia has a new government, but nobody should mistake it for a clean reset. The KAS country report shows a country forced into a hurried political handover after drone incidents, a defence ministry row and the collapse of Evika Siliņa’s cabinet.

Europe has a serious long-range strike problem – and its high-end answer will not arrive fast enough. The Geopolitical Monitor assessment argues that Europe’s indigenous deep-strike systems are unlikely to appear in meaningful numbers before 2028, with the most capable platforms pushed towards the early 2030s.