European Commission's proposal to issue up to €750 billion in EU debt to finance its recovery plan is a step in the right … strong grip on revenues. To be politically sustainable, similar central control would be needed in the EU. The treaty …-based EU framework is the closest to fulfilling these criteria with political accountability through the European Parliament …

United States, especially, do not separate economic interests from geopolitical interests in the same way the EU does. They … considers how the EU and its member states can better protect European economic sovereignty in a range of areas, including state … area, we recommend ways to improve the EU’s capacity to wield economic power, without advocating increased protectionism or …

We study whether and to what extent EU countries implement recommendations on macroeconomic imbalances given by the EU … also study how EU recommendations on addressing macroeconomic imbalances compare to recommendations given by the … International Monetary Fund. Overall implementation of recommendations by EU countries has worsened in the last few years, in …

discrepancies between EU countries: countries with the same levels of house-price overvaluation have adopted very different … the next recession or reducing its impact, we argue that EU policymakers need to be better prepared to use discretionary …