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 […]
Economy
After a very long period of low inflation, the current cost-of-living crisis seems to have caught us just overnight. But has it really? Haven’t there been any early signs? How can we avoid having many people unable to heat their homes this winter, or even to pay their rent? And how is it possible to […]
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 […]
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 […]
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 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 […]
Load more