The Corona crisis has exacerbated existing structural problems in the Member States and caused a steep rise of national debt. While the reference value of national debt limit was once fixed at 60% of the GDP, it has now risen far beyond in some member states.
Online Panel Discussion: Fiscal Policy after Corona: Debt Crisis or Stability?
German Economic Institute (IW)
The Corona crisis has exacerbated existing structural problems in the Member States and caused a steep rise of national debt. While the reference value of national debt limit was once fixed at 60% of the GDP, it has now risen far beyond in some member states.
But will a more flexible application of the Stability and Growth Pact (IW-Analyse 142) rules lead us into a new debt crisis? What about the long-term goals of economic and monetary union and the internal market?
The German Economic Institute (IW) and the Brussels Office of the Hanns Seidel Foundation cordially invite you to discuss these and other questions about European fiscal policy and stability with our experts on the panel.
Distinguished speakers include:
Markus FERBER, MEP, Coordinator of the EPP Group in the Committee on Economic and Monetary Affairs of the European Parliament; Chairman of the Hanns Seidel Foundation
Estelle GÖGER, Member of the Cabinet of Commissioner Paolo Gentiloni (Economy), European Commission
Jürgen MATTHES, Head of the Research Unit International Economics and Economic Outlook, German Economic Institute (IW), Cologne
Moderation:
Sandra PARTHIE, German Economic Institute, Head of Brussels Office
The event will take place online (via Zoom) on Wednesday, 19 May 2021, from 1.00 pm to 2.00 pm. Conference languages are German and English (with simultaneous interpretation). Please find the programme attached.
Fiscal policy after Corona: Debt Crisis or Stability
Program
More on the topic
Not so Different?: Dependency of the German and Italian Industry on China Intermediate Inputs
On average the German and Italian industry display a very similar intermediate input dependence on China, whether accounting for domestic inputs or not.
IW
China’s Trade Surplus – Implications for the World and for Europe
China’s merchandise trade surplus has reached an all-time high and is likely to rise further. A key driver appears to be a policy push to further bolster Chinese domestic manufacturing production, implying the danger of significant overcapacities.
IW