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.
Next Generation EU
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 […]
In January, consumer prices increased by 5.1 per cent in the Eurozone compared to a year ago, setting a record-high since the single currency was created more than two decades ago. Still, the European Central Bank (ECB) forecasts that the inflation rate in the Eurozone will stabilise and gradually decline over the course of this […]
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 […]
In Germany, the SPD has won the elections and has the chance to lead the next government. However, Olaf Scholz will need both the liberal FDP and the Greens to support him to become chancellor. Both parties could alternatively support Armin Laschet, whose centre-right CDU/CSU-party came second. Talks between all four parties are underway and […]
Following the outbreak of the pandemic, the EU finds itself at a historic juncture. The adoption of an ambitious recovery instrument offers a golden opportunity to go beyond ‘business as usual’ and forge a new social contract. Putting the public interest at the heart of the recovery strategy can prove a game-changer for progressive politics. […]
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