In 2005, the European Union’s (EU) coordinator of counterterrorism policies quipped that: ‘You can’t get closer to the heart of national sovereignty than national security and intelligence services. Yet in Brussels we have these analysts working together for the first time’. Despite the inherent sensitivities that exist within the field, the EU has considerably increased its resources for intelligence sharing and analysis in the decade that followed this comment. Yet, this cooperation has largely gone unnoticed – within academia as well as in the public domain. My new report analyses the organisation and process of European intelligence cooperation and the effect that this cooperation is having on European foreign policy. In the policy recommendations, I arguee that the EU intelligence system – following phases of boosting efficiency and legitimacy – should now be developed with an eye on the interaction between producers and consumers of intelligence.