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Budget

The End of ECB’s Quantitative Easing - what next?.jpg

The End of ECB’s Quantitative Easing – what next?

By Alberto Botta / 11 January, 2019

Since 2015, the macroeconomy of the eurozone has been influenced by the implementation of Quantitative Easing by the European Central Bank. In December 2018, the ECB’s QE is coming to an end, but concerns remain about eurozone recovery from the crisis and the increasing divergence among eurozone countries. Who is...

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Fit out the local Neighbourhoods !

By Philippe Close / 11 July, 2018

Interview by Alain Bloëdt editor-in-chief of the Progressive Post with the Mayor of Brussels Philippe Close   The Progressive Post: How do you explain the increase in public trust in local politics vis a vis national politics? Philippe Close: The question is difficult to answer in a country like Belgium...

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Why must the EU avoid ignoring the cities and regions?

By Karl-Heinz Lambertz / 26 June, 2018

Europe faces great challenges and the cities and regions are often on the front line. Take the migrant crisis for example: on the ground, it is the cities and regions that must organize the initial response. In Catania, Athens, the Greek Islands and many other areas and countries, local and...

A budget to bring added value to Europe

By Michel Aglietta / 14 February, 2018

To revive democracy in Europe we must produce a European budget that provides added value to all citizens. An EU budget under the control of the European Parliament will result in long-term investments backed up by a revised budget.   A long-term vision is crucial if we are to take...

A reform of the EU budget is the best tool to secure a strong cohesion policy

By Catiuscia Marini / 14 February, 2018

The EU budget is too often seen as a cumbersome obligation which has to be satisfied with money instead of a possible tool to increase investment in the European Union. And yet, for half a century, EU cohesion policy has been helping to reduce disparities in economic development and social...

The elephant in the European room: the budget

By Nicolas Leron / 14 February, 2018

Much more than a question of the macroeconomic stabilisation of a sub-optimal monetary zone, the question of the European budget remains a constitutive element of the political community. The EU is suffering from a crisis in public power which requires a budgetary leap of faith: a budget that is able...

Eurozone reforms must focus on institutions and their democratic legitimacy

By Leo Hoffmann-Axthelm / 14 February, 2018

The Commission’s proposals to deepen Economic and Monetary Union have been described as a “power-grab”, but may restore balance to a field so far dominated by the largest EU countries.   The one thing that everyone can agree on is that the eurozone needs reform. The 2010-2012 crisis response had...

The need for an ambitious roadmap for 2019

By Pierre Moscovici / 14 February, 2018

At the December 2017 Eurozone Congress, several proposals were made. Pierre Moscovici, a former French Minister of the Economy and Finance, talks about his wish for an ambitious European roadmap for the 2019 European elections.   The road map for progressives in the 2019 European elections must be ambitious on...

A new approach to EU convergence

By Heikki Patomäki / 13 February, 2018

The trend for economic and social convergence between EU countries in the early years of the euro turned out to be short lived. The absence of euro area growth from 2010 to 2017 resulted in greater rather than smaller divergences in economic and social outcomes. The euro crisis followed by...