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Minimum wage – the endgame

Four years have passed already since an informal gathering of European leaders in the Swedish city of Gothenburg proclaimed the “European Pillar of Social Rights”. Some, including leaders of the host country of the 2017 conference, still believe that the EU itself does not need to do much for its actual implementation. The notion that […]

Time to demand sustainability within EU public finances

Finally, the reflection process to rethink the rules governing the economic coordination in the EU has officially reopened. The Commission’s Public Debate launched on October 19 is the first step toward a new course of action for European economic integration; a difficult nut to crack that will give headaches to the upcoming EU presidencies, but […]

Making the international corporate tax system work for all

The international community seems to be moving towards a historic agreement on the taxation of multinational corporations, hoping to end the race to the bottom by imposing a global minimum tax. At their meeting in Rome, the G20 leaders endorsed the underlying framework created under the auspices of the OECD. The current 100-year-old system was […]

Vaccines: Europe will regret privileging profits over people

For a while this spring, it seemed – at least to European residents – that the vaccine nationalism that had led European governments to procure vaccines that had been rapidly produced with government support and fast-tracked official approval, had paid off. Growing numbers of people were vaccinated against the Covid-19 infections and countries began to […]

European fiscal rules: reform urgently needed

The EU’s fiscal rules are currently deactivated due to the Covid-19 crisis. However, returning to the pre-Corona rules would be counterproductive. The first priority of reform efforts should be to ensure that applying the rules will not deepen economic crises and hold back recovery. The second priority should be to allow for more public investment. […]

Speeding up the reform of EU fiscal rules – back to work

The work on revising the fiscal rules of the European Union had started long before Covid-19. The global pandemic had put the work on hold, for good reasons. Now that the EU debt levels have risen to new highs the past year, there is a strong need to speed up the process to ensure the […]

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