The EU is institutionally exhausted and under high populist pressure due to its dysfunctional governance and lack of democratic legitimacy. With the reform impetus of the far-reaching proposals of citizens as result of the conference on the Future of the EU, and, on the other hand, the pressure of the Ukraine war, the EU should […]
In her address to the European Parliament on the State of the European Union, Commission President Ursula von der Leyen talked about the need to “rediscover the spirit of Maastricht”. This is misguided, given that the old rules damaged both political integration and economic performance. New, bold proposals are needed to allow for genuine economic […]
Until a few months ago, the policy and academic debate in the EU revolved around the Recovery and Resilience Facility (RRF), praised across the board as proof of European solidarity and a concrete manifestation of the EU commitment to address the pandemic crisis. The RRF indeed marked a leap forward towards a stronger redistributive role […]
After several postponements, the European Commission put forward an orientation for a reform of the EU economic governance framework on 9 November. Now, hopefully, a real political discussion can take off. Since the global financial crisis in 2007, the sovereign debt crisis, the migration and climate emergency and the emergence of the EU Green Deal, […]
Even before the Covid pandemic has subsided, Europe is now facing another major shock in the form of the Ukraine war. It is threatening economic growth and jobs, and the accompanying soaring inflation is hitting low-income households especially hard. In all this, it is unclear how long the war will last and how drastic the restrictions on energy supply will be.
The EU response to the Covid-19 crisis has represented a Copernican revolution compared to the bloc’s approach to the previous crisis. However, the policies that have been adopted raise questions that remain to be solved, namely the revision of the Stability and Growth Pact (SGP) and the future role of the Next Generation EU fund […]