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Half a decade after the euro crisis, the European Union is in dire need of a growth strategy that is economically viable, politically legitimate and seen as socially fair. The United Kingdom's fateful choice for Brexit has given new urgency to this imperative. While it is deplorable to lose a...
Persistent link: https://www.econbiz.de/10011956072
The economic crisis has given rise to significant challenges to the welfare state. Given that welfare expenses account for a large proportion of all state spending in the member countries of the European Union, reducing government spending means cutting welfare measures. Yet social protection,...
Persistent link: https://www.econbiz.de/10010471473
Having had little time to absorb the economic and social shock of the COVID-19 pandemic, the European Union is confronted with staggering increases in the cost of living. While household burdens vary significantly across and within countries, most European countries are struggling to cushion the...
Persistent link: https://www.econbiz.de/10014459434