The combination of an economic downturn and rapidly rising inflation is a new experience for most Europeans. The Covid-19 pandemic and the Russia-Ukraine war produced unprecedented disruptions, or as economists would say: a shock on both the supply and demand sides. And, as the holiday season kicked in, a forceful tightening of monetary policy signalled […]
Unemployment insurance
A discussion on a Social Union is needed to avoid a further widening of the gap between the economic and social sides of the integration
Former EU Commissioner László Andor has made a powerful plea for the introduction of a European unemployment insurance to stabilize the euro.