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Recession

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

by Ania Skrzypek

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 their respective countries have embraced […]

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

by László Andor

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. Notwithstanding some initial hesitation, the […]