Showing 1 - 10 of 11
questions on trust and solidarity towards fellow citizens, people from other EU countries and non-EU countries, we assess the … in an EU country with a below average COVID-19 incidence show higher levels of trust and reciprocity towards fellow …
Persistent link: https://www.econbiz.de/10012501559
This policy report analyzes one aspect of the sovereign-bank nexus: the feedback effects between banks and sovereigns derived from the holdings of sovereign debt in domestic banks. We study how this relationship evolved during the European debt crisis and how it responded to the implementation...
Persistent link: https://www.econbiz.de/10012501616
This paper discusses the introduction of new own resources to finance the EU budget. Currently roughly two thirds of … criticised for leading to political debates that emphasise the cost of EU spending rather than on the benefits, and for … contributing to the framing of discussions on the EU budget in terms of net balances, rather than value added through common …
Persistent link: https://www.econbiz.de/10012285575
Alongside a range of already well documented factors such as deindustrialization, technological progress and international trade, a series of recent empirical econometric studies show that immigration has contributed to the rise of extreme right-wing parties in Europe. Our study highlights,...
Persistent link: https://www.econbiz.de/10012256002
The Great Financial Crisis caused a deep recession and led to very large public deficits. When financial market tensions erupted, many European countries were forced to reduce their deficits. This ‘austerity’ is often credited with the disappointingly slow recovery during the years after the...
Persistent link: https://www.econbiz.de/10014293209
This paper conceptualizes an appropriate path for fiscal policy starting from the early phase of the pandemic up to the final transition to a post-pandemic new normal. Using this yardstick, it assesses the initial fiscal response of Member States. It exploits fiscal projections and program data...
Persistent link: https://www.econbiz.de/10014293256
The EU faces the challenge to combine large and sustained investments to promote the transition towards a green … public investments can be achieved by a targeted golden rule without harming fiscal sustainability in the EU fiscal framework … EU Economic Governance. …
Persistent link: https://www.econbiz.de/10014293334
trade policy scenarios that may arise from new geopolitical risks. We describe the EU’s recent decline in importance as an … international trading partner, while for the EU itself global trade dependency has increased. We show that this dependence is highly … economic impact of several policy-driven de-globalization scenarios for Europe, for individual EU member states, different …
Persistent link: https://www.econbiz.de/10014496576
Europe has to respond to a new and more contested security order. Russia’s imperial ambitions threaten stability and peace, while the United States demands from the European NATO countries to contribute more to their own security. To improve defence capabilities, Europe has to increase defence...
Persistent link: https://www.econbiz.de/10014496854
From the earliest announcement of the European Green Deal, the current EU political cycle has been defined by an … engage stakeholders, including various external shocks, the EU has put forward and largely passed an unprecedented … legislative agenda, which was meant to have, and is having, deep impacts on the EU economy and society at large. Much has changed …
Persistent link: https://www.econbiz.de/10014496855