Month: March 2025

Reimagining Prosperity – Toward a new Imaginary of Law and Political Economy in the EU

Conclusions from Prof Marija Bartl’s presentation at the ISEL City Law School about her new book “Reimagining Prosperity – Toward a new Imaginary of Law and Political Economy in the EU”

By Laura Vialon

On the 20th of March Marija Bartl, Professor of Law at the University of Amsterdam, came to City Law School to present her new book on prosperity in the EU which came out in November last year as open access, available on Cambridge Core. The book argues that a clear imaginary for a shared prosperity in the EU is needed (again), while at the same some efforts in that regard have been already made, attempting to leave neoliberalism behind. For showing that EU policy is becoming “thicker” again, Professor Bartl analysed a variety of important policy fields – consumption, technology, industrial policy and corporate policy.

Professor Bartl passionately and eloquently guided the audience through her three main theses that (1) democracies need prosperity. Prosperity for Bartl means neither economic growth or mass consumption, but a “credible route to material and social basis of a good life” for the current and future generations. We need to have trust in this better future, this is what holds societies together and this trust has been eroded from the 1990’s onwards and heavily crushed after the 2008 financial crisis. Prosperity has become more concentrated in the hands of the few and trust in democracy and its institutions dwindled.

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Withdrawal of the European Union from the Energy Charter Treaty: A Case Study for Mixity

On 12 March 2025 at City St George’s, University of London, Institute for the Study of European Laws (ISEL), Prof. Eleftheria Neframi presented her recent paper, titled ‘‘Withdrawal of the European Union from the Energy Charter Treaty: A Case Study for Mixity.’’

This blog post outlines the key ideas of the presentation, collated by Christos Karetsos

The Energy Charter Treaty (ECT) was concluded by more than 53 contracting parties, including the European Union (EU) and Euratom, as well as the Member States of the EU. It was approved by the EU in 1998 as a mixed agreement. Establishing a framework for energy cooperation, promoting energy security and the protection of foreign investments in the energy sector, the ECT was heavily criticized for its incompatibility with the objective of phasing out fossil fuels and making a rapid transition to renewable energies. Such criticism was an opportunity for the EU to promote its environmental standards and reform international investment law in line with its green transition objectives, given its interest in regulating the neighbourhood market through the ECT as a way of ensuring security of supply. The EU participated in the process launched in 2018 to modernise the ECT and submitted a proposal. After four years of negotiations, the Agreement in Principle of the Modernisation of the ECT (AIP), which was adopted in June 2022, largely reflected the content of the EU proposal. The main changes included a flexibility mechanism allowing parties to exclude fossil fuels from the energies whose investments are protected and to phase out existing fossil fuel investments after 10 years (instead of the 20 years sunset clause), a reference to the International Energy Charter, the application of the United Nations Commission on International Trade Law (UNCITRAL) rules on transparency in investor-state dispute settlement, and recognition of the need to respect the rights and duties of Parties under the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement. However, Member States representing more than 70% of the EU population considered that the modernisation proposal did not meet their environmental ambitions. The modernised text failed to gather the necessary majority in the EU Council. Consequently, under the pressure of sustainability concerns, the door to withdrawals was opened.

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4th Conference on Financial Law and Regulation – Call for Papers

Call for Papers

4th Conference on Financial Law and Regulation

The City Law School

City St George’s, University of London

Thursday, 3rd July 2025

Submit your paper to ilias.kapsis@citystgeorges.ac.uk

Deadline for abstract submission: Thursday 17th April 2025.

The organisers, Dr Ilias Kapsis, Dr Clara Martins Pereira, Dr Virag Dr Virág Blazsek, Dr Andreas Kokkinis, and Professor Federico Lupo-Pasini, would like to invite paper abstract submissions for the 4th Conference on Financial Law and Regulation to take place at the City Law School, City St George’s, University of London on the 3rd of July 2025. This conference is supported by the Society of Legal Scholars, and the City Law School.

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