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Recession

Can this be the time to reframe the concept of a state?

By Ania Skrzypek / 21 May, 2021

It has become a well-known truth that in the time of the ultimate test – Covid – citizens turned to their governments. They have been looking for protection, for help and for reassurance, that collective effort can make the pandemic fade away. Social Democrats who were at the helm of […]

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Changing the debt rule would miss the point

By David Rinaldi / 6 May, 2021

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 […]

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Europe’s Budget Revolution – From Covid-19 Recession to Progressive Reconstruction

By László Andor / 1 December, 2020

The 2020 coronavirus crisis has pushed the European Union to a critical level of innovation regarding its fiscal capacity. The dogma of keeping the EU budget at around one per cent of the Gross National Income (GNI) and balancing it every year evaporated within a space of a few months. […]

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