Michael Hüther IW-Policy Paper No. 4 25. June 2019 2019: The year for a fresh start in Europe?!
The good news is that Europe will not be dominated by populist parties. For big tent parties, i.e. the conservative EPP and the social democratic PES, however, results still aren’t rosy – they are looking at heavy losses, including the loss of their joint majority.
The good news is that Europe will not be dominated by populist parties. For big tent parties, i.e. the conservative EPP and the social democratic PES, however, results still aren’t rosy – they are looking at heavy losses, including the loss of their joint majority.
From now on you need at least three parties to get most votes, handing either the Greens or the Liberals the role of king maker. But decision making in the European Parliament has always been characterized by often-changing majorities based more on factual debates and less on voting according to party discipline. The debate will probably become a bit more pluralistic but not fundamentally different from the current situation. As regards policy priorities, climate and environment are expected to be even more centre stage; security policy, ranging from migration-related topics to the fight against terrorism will remain high on the agenda, as will the reform of the Eurozone, incl. financial policy and the rule of law.
panel discussion: Challenging times for the US and EU - Where are the economic and monetary policies headed?
The Russian war of aggression on Ukraine triggered massive price increases. But even before that, there were high inflation risks due to the Corona pandemic and creeping deglobalization. How should governments and central banks respond now?
Reinventing EU economic governance: What will become of the Stability and Growth Pact?
In the framework of the Spring 2022 European Semester package, the Commission announced the far-reaching decision to continue applying the general escape clause of the EU fiscal rules. This means that the deficit and debt rules can be ignored by the member ...
Sandra Parthie IW
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German Economic Institute (IW) 
