The work on revising the fiscal rules of the European Union had started long before Covid-19. The global pandemic had put the work on hold, for good reasons. Now that the EU debt levels have risen to new highs the past year, there is a strong need to speed up the process to ensure the […]
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 […]
Education policies play an essential role in the operation and governing of societies. They fulfil a host of functions: they promote societal values, provide a skilled workforce, socially integrate societies, generate economic development, make societies more peaceful and politically stable, and increase the understanding of other people, be they within or outside the same country. […]
Much more than a question of the macroeconomic stabilisation of a sub-optimal monetary zone, the question of the European budget remains a constitutive element of the political community. The EU is suffering from a crisis in public power which requires a budgetary leap of faith: a budget that is able to establish a European democracy […]
The eurozone needs ‘dynamic resilience’, explains Paulo Guerrieri.
We must act with the utmost urgency because the intensity of the crisis has generated an alarming extension of poverty.