After several postponements, the European Commission put forward an orientation for a reform of the EU economic governance framework on 9 November. Now, hopefully, a real political discussion can take off. Since the global financial crisis in 2007, the sovereign debt crisis, the migration and climate emergency and the emergence of the EU Green Deal, […]
Economic Governance
In her address to the European Parliament on the State of the European Union, Commission President Ursula von der Leyen talked about the need to “rediscover the spirit of Maastricht”. This is misguided, given that the old rules damaged both political integration and economic performance. New, bold proposals are needed to allow for genuine economic […]
Characterised by unending transition and constant workforce migration, the economies of the Western Balkans could find balance and become sustainably competitive with green reforms and better attention to welfare and labour rights. Regional cooperation with a strong focus on EU integration could be the right drive for change.
Last March, Spain and Portugal reached a historic agreement: for the first time ever, two European countries could set a price cap on gas for power generation, for a period of twelve months. A period to seek agreements was opened in both countries, which ended on 9 June, when the European Commission gave the final approval to the mechanism. This undoubtedly proves that the current European Union is very different to the European Union we were living in during the financial crisis of the last decade.
Rural citizens must benefit, like any others, from equitable conditions to achieve their professional, social, and personal goals. This is a moral obligation to which we are obliged as a society. It is also an ethical and political imperative if we are genuinely engaged in accomplishing the European Pillar of Social Rights. A strong social Europe that is just, inclusive, and with plenty of opportunities along its green and digital transitions, cannot leave anyone behind.
Even before the Covid pandemic has subsided, Europe is now facing another major shock in the form of the Ukraine war. It is threatening economic growth and jobs, and the accompanying soaring inflation is hitting low-income households especially hard. In all this, it is unclear how long the war will last and how drastic the restrictions on energy supply will be.
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