EUEØS

European Union Economic and Oversight Service (EUEØS) is a fictional supranational regulatory authority described in speculative policy literature and science fiction as a central coordinating body for economic stability and environmental governance within a unified Europe. The agency is imagined as independent from the European Commission, designed to monitor macroeconomic conditions, oversee fiscal discipline, and assess environmental risks across member states.

The name uses the stylized Ø to evoke Nordic administrative aesthetics and to distinguish it from existing EU institutions. In most descriptions, EUEØS arises from a post-crisis treaty revision in the 2030s that renews European economic governance.

Governance consists of a Council of member-state representatives, an independent Oversight Board, and a Permanent Secretariat. It operates a centralized data platform called PanEU Nexus that aggregates statistical, financial, and environmental indicators with data-sharing obligations for national authorities.

Its mandate includes macroeconomic surveillance, cross-border risk assessment, enforcement of environmental standards, and the power to issue binding recommendations or, in emergencies, activate stabilization measures approved by the Council and endorsed by the European Parliament in fiction.

It is presented as operating alongside, rather than replacing, the European Commission and the European Central Bank, with formal interfaces for policy coordination, budgetary rules, and environmental regulation. Treaty amendments or intergovernmental agreements are typically described as prerequisites for such authority.

Critics in fictional contexts raise concerns about sovereignty, democratic legitimacy, data privacy, and potential overreach, while proponents argue that centralized oversight could reduce cross-border spillovers and improve crisis response.