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. […]
Already before the pandemic, it was clear that the economic governance framework of the European Union was unfit to drive long-term prosperity and that it was particularly ill-equipped to sustain the economy in times of recession. The point however is that moving towards a better post-pandemic economic framework is not only a matter of fixing […]
Only a true paradigm shift can make Europe’s economies crisis-proof and address increasing wealth gaps.
The European project can only have a future if it overcomes the status quo imposed by conservatives and neo-liberals and if it refuses to fall into the trap proposed by national-populists. Regaining control over our lives in a time of globalisation is only possible if we address social, fiscal and climate justice and if we […]
Austerity policies coupled with rising inequality in Europe have resulted in a long period of economic stagnation.
The European Union needs to find another way to advance towards greater political integration.