PhD candidate University of Amsterdam

Interests : Economy
Countries : Netherlands

Oscar is a PhD candidate in the Finance Group of the University of Amsterdam. In his research he studies the economics of the European Monetary Union and financial stability implications of central bank digital currency. Other research interests are financial regulation, banking and macro finance.

How to unlock the European Investment Bank’s potential: four reforms

Working Groups
European Investment Bank

The European Investment Bank (EIB) is the EU’s multilateral development bank. In this FEPS YAN policy study, the authors suggest four reforms that would help progressive policymakers to utilize unlock the EIB’s potential to play a greater role in the EU economy and its transition to a more resilient, climate-neutral, and progressive economy.

First, the authors suggest the EIB adopts more comprehensive lending targets based on social and environmental criteria. Second, they highlight the need for a stronger focus on equity-like instruments rather than debt instruments, especially in the ongoing response to the Covid-19 crisis. Third, they propose to strengthen the EIB’s accountability towards the European Parliament to ensure a legitimate political direction and democratic control of its activities. Fourth, they propose to convert the EIB’s retained profits into paid-in capital, unlocking up to €110 billion of additional lending capacity. To simultaneously accomplish increased democratic accountability, the authors suggest converting the EIB’s retained profits into EU capital and thus making the EU an EIB shareholder.

Read the paper:
How to unlock the European Investment Bank’s potential: four reforms

Political Mentor: EP Vice President and S&D MEP Pedro Silva Pereira
Academic Mentor: Carlo d' Ippoliti, Associate professor of political economy at the Department of Statistical Sciences of Sapienza University of Rome.


Post-doctoral researcher Maastricht University

Interests : Democracy
Countries : Belgium Netherlands Spain

Alvaro Oleart is a post-doctoral researcher at the at the Faculty of Arts and Social Sciences of Maastricht University, and a scientific collaborator at the Université Libre de Bruxelles. He is the author of the book Framing TTIP in the European public spheres: Towards an Empowering Dissensus for EU integration (2021), published by the series Palgrave Studies in European Political Sociology. His fields of interest are the European public sphere,  the role of civil society in the EU policy-making, EU trade policy, populism and democracy in Europe, and the analysis of discourse and narratives.

Working Groups
Future of Europe

The paper outlines a vision of the ongoing Conference on the Future of Europe (CoFoE) from various perspectives and sets out proposals regarding how it should develop in order to contribute to making the EU more democratic. First, the paper discusses further steps the Conference should take towards bridging the gap between EU and national politics.

Second, the paper analyses previous initiatives of treaty reforms which may be incorporated into the Conference on the Future of Europe. Third, the paper lays out the visions of Europe in a half-century’s time among EU Commission officials. Last, the paper discusses citizens’ involvement in shaping EU future through a broader process of European deliberative democracy, and how the CoFoE could advance such a perspective.

Read the paper:
Citizens’ Europe - An institutional turn for an ever-democratic union?

Political Mentor: S&D MEP Domènec Ruiz Devesa
Academic Mentor: Michael Holms, Senior Lecturer in Politics and International Relations at Liverpool Hope University