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.
The 60th anniversary of the Treaty of Rome presents an opportunity to reflect on the progress of European integration so far, and to discuss what the future will bring for Europe. We explore these topics in this special edition of The Sound of Economics.
What’s at stake: the EU prepares to mark the 60th anniversary of the Treaty of Rome, and the European Commission has presented a white paper “on the future of Europe”. However, some have argued that Europe is going through a serious identity crisis, whose roots are to be found in the economic crisis and whose implications could challenge further steps towards integration. We review the recent contributions to this debate.
Brexit offers a political opportunity for the European Parliament to reform the allocation of seats to member states. This Policy Contribution explores different options for reform and their implications for equality of representation and distribution of seats to countries, within the constraints set by the EU treaties.
The principle of voluntary membership is a central value of the EU project, but it is also a source of many of its problems. How can the member states address those problems in order to repair the EU's integration architecture?
An analysis of macroecnomic developments shows that Central and Eastern European (CEE) EU member states fared much better in the aftermath of the crisis compared to euro-area periphery countries. Furthermore, they have a better chance to avoid the problems that the euro-periphery countries faced before the crisis.
With the UK referendum on EU membership on 23 June, Europe is contemplating the practical consequences of a vote to leave.
Doubts about the fiscal sustainability of various member states have led Europe to enact greater coordination and surveillance. But are these policies effective? And what fiscal framework can best support Europe back to growth?
In France, the US and elsewhere, populist parties are growing in popularity. Such parties radically challenge the consensus of traditional parties and their representatives. This year traditional parties must give informed answers to the problems identified by populists.
The fundamental problem of economic policy coordination in the EU is that national policymakers are accountable to their national parliaments and focus on national interests, which in many cases differ widely in different member states. It is therefore not all that surprising that economic policy coordination in the EU hardly works.
This event will address topics of central interest in current EU policy debates: fiscal and competitiveness coordination, financial union and the divergent needs of member states inside and outside the euro area.
Further democratic legitimacy is a pre-requisite to economic union. This article explores how economic policies in the euro area should be coordinated, but this cannot be done in a mechanical rules-based manner. Arguing the contrary suggests a cavalier understanding of the complexity of economic policymaking.