Peter Kažimír, Slovakia Finance Minister, delivered the keynote speech at Bruegel's Annual Dinner 2017, held on 7 September 2017.
Europe’s post-crisis recovery has been disappointing in comparison with the USA. But lower rates of inequality are staving off populism and bolstering support for globalisation. With the USA an increasingly unpredictable partner, the EU must address internal imbalances and build alliances to defend the multilateral order.
Electrification is one of sub-Saharan Africa’s most pressing socio-economic challenges. Europe has created a myriad of fragmented initiatives to promote electrification in sub-Saharan Africa, limiting their efficacy. This sub-optimal situation should be changed by coordinating the initiatives of European institutions and EU countries through a unique platform: the EU Electrify Africa Hotspot.
The idea of a euro-area budget and finance minister have been around for a long while, but the arrival of President Macron gives the proposals new impetus. Why might the euro area need a budget, and what would it do? There are various visions, some more convincing than others.
Trust in the EU and satisfaction with democracy are returning in southern European countries, where citizens’ confidence in European institutions was dented during the crisis years.
In this paper the authors explore what the EU’s strategic reaction should be to US diminishing giant policies, and the EU’s role in a world of declining hegemony and shifting balances
What must be done to over- come the intra-European conflict and achieve a bal- ance that produces common ground allowing for a po- litical and social consensus on migration?
Privacy Shield was put in place in 2016 to ensure that transfers of personal data from the EU to the US would be in compliance with European Union privacy law, and thus permissible. The institutional framework of Privacy Shield was weak, and depended on the good will of the US administration. Recent actions by the new administration, including the famous executive order forbidding residents from 7 predominantly Muslim countries to enter the US, may have (presumably unintended) effects on Privacy Shield. To preserve the validity of Privacy Shield in European Courts, strong EU-US cooperation and potentially additional agreements may become necessary.
Up until the British rebuff on 23 June 2016, the European Union had always been in expansion mode, also known in EU parlance as enlargement. The UK vote to leave the EU marks the first-ever case of this process being reversed.