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 […]
Some social federalists are disappointed: the Social Summit in Porto was downgraded to little more than a series of workshops, Angela Merkel only appeared online, the final declaration was tepid and the full endorsement of the European Commission’s Action Plan has been delayed to the June session of the European Council. However, there are reasons […]
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 […]
As we learned from the great British historian Eric Hobsbawm, tradition is something that is invented. The tradition of State of the Union (SOTEU) speeches by the European Commission president was invented in 2010, in the wake of the great financial crisis. It has always provided a panorama of EU policies, sending out open or […]
Only a true paradigm shift can make Europe’s economies crisis-proof and address increasing wealth gaps.