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Pills of hope – priorities for left-wing politics

Europe is shaken by war and by its economic and social effects, compounding the fears and pains produced by the lasting pandemic. The authoritarian dynamic unleashed by inequalities and loss of certainties is gaining further ground everywhere. In this context, prompt measures to deal with the current state of affairs need to be coupled with […]

Assessing the inflation crisis: a social-ecological misery index for Europe

According to Eurostat, Euro area annual inflation is expected to be 10 per cent in September 2022, with the most prominent drivers being energy, which is expected to have the highest annual rate in September (close to 40per cent) and food (close to 12 per cent). Hundreds of millions of Europeans are currently experiencing the […]

Redesigning the EU’s economic governance architecture

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 […]

Resilient welfare states in times of disruption

Until a few months ago, the policy and academic debate in the EU revolved around the Recovery and Resilience Facility (RRF), praised across the board as proof of European solidarity and a concrete manifestation of the EU commitment to address the pandemic crisis. The RRF indeed marked a leap forward towards a stronger redistributive role […]

The war-price spiral

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 […]

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