Brussels Playbook Podcast

The battle of Alden Biesen

Feb 12, 2026
EU leaders gather at Alden Biesen to debate how to revive competitiveness, from capital markets to energy prices. Tensions over protectionism versus open markets and the idea of a two-speed Europe come under scrutiny. A legal showdown over Hungary’s frozen funds and its political fallout looms. Plus, a lighthearted look at why leaders pick castles and listener karaoke shoutouts.
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INSIGHT

Competitiveness Requires Shared Deep Reforms

  • EU leaders at Alden Biesen see competitiveness as a team sport requiring shared reforms across capitals.
  • Completing the capital markets union and banking union are framed as necessary, difficult next steps to revive growth.
INSIGHT

Easy Fixes Are Exhausted — Time For Shock Therapy

  • Officials worry easy fixes are done and now need 'electric shock therapy' for the economy.
  • Unlocking savings and building larger European capital markets are seen as central levers.
ADVICE

Use Multi-Speed Formats To Break Deadlocks

  • If unanimity stalls progress, pursue multi-speed initiatives with willing member states.
  • Let others join later once measures prove effective and politically palatable.
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