[citation needed] The grouping sees clubbing together as a way to make up for the loss of the like-minded United Kingdom in the European political arena after Brexit.
[9] In a speech delivered in the Netherlands, Ireland's Tánaiste Simon Coveney suggested cooperation among the countries in the alliance could extend to foreign policy as well, such as the Middle East peace process and the EU's relations with Africa.
[10] Some have expressed fears the New Hanseatic League could exacerbate existing north–south political divides in Europe by grouping northern European countries too closely.
[citation needed] In November 2018, the New Hanseatic group called for the European Stability Mechanism to be given a greater role in scrutinising state budgets.
The call came after the European Commission's rejection of Italy's 2019 budget, and was signed by all eight members of the League, along with two additional signatures from the Czech Republic and Slovakia.