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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. […]

Changing the debt rule would miss the point

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 […]

Social, fiscal and climate justice: the right-left cleavage is still alive!

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 […]