Ideas on Europe

Economics & Trade

Can the European Parliament make the European Central Bank accountable?

JCMS |

Since the euro crisis, the European Central Bank (ECB) has expanded its powers from monetary policy to banking supervision in the Eurozone. In the framework of the Single Supervisory Mechanism (SSM), established in 2013, the ECB became responsible for the direct supervision of the largest banks of Eurozone countries.

An insult to all EU citizens in Britain

Jon Danzig |

In a celebratory Tweet, Home Secretary Priti Patel has announced the end of ‘free movement’. She wrote: ‘We’re ending free movement to open Britain up to the world. It will ensure people can come to our country based on what they have to offer, not where they come from.’ Her Tweet is an insult to […]

Britain cut-off from the mainland

Jon Danzig |

‘Visit Europe from 1 January 2021’ is the title of the UK government website which ironically tells you how much more difficult visiting ‘Europe’ will be from next year. Yes, we’re getting our country back (really?) but instead, we’re losing our continent, or at least, easy access to it. Among some of the key points for […]

Brexit crash on top of a pandemic crash. You really want that?

Jon Danzig |

A no-deal Brexit now looks almost certain, with the latest round of talks between the UK and the EU ending in stalemate, and the negotiations by all accounts turning acrimonious. It’s almost as if the British government wants a no-deal, even though the non-binding ‘political statement’ of the Withdrawal Agreement, approved by the UK Parliament, […]

What role for the ECB? Bringing symmetry to asymmetrical risk in the EU

eufinacco |

What are the features of ESM Pandemic Crisis Support? On 23rd April 2020, EU leaders endorsed the Eurogroup agreement of 9 April 2020, which established three safety nets for workers, businesses and Member States, amounting to a package worth 540 billion Euros. Besides the three safety nets, this Eurogroup Report also agreed to establish the “Pandemic Crisis Support”. […]

COVID-19: a Roadmap to recovery – what does it mean for the EU budget?

eufinacco |

by Costanza Marcellino On 26 March the Joint Statement adopted by members of the European Council contained firm demands for a coordinated exit strategy, a comprehensive recovery plan and an unprecedented level of investment. It invited both the Presidents of the European Council and Commission, in consultation with the other institutions, and particularly the European Central Bank […]

No extra time for the European Union

Marco Dani, Agustín José Menéndez, Future of Europe blog |

The socio-economic effects of the coronavirus requires a massive and coordinated response from the EU. So far, the EU has not been up to the challenge, argues Marco Dani and Agustín José Menéndez.   The coronavirus pandemic has deepened and radicalised a set of crises that the European Union postponed but did not solve in […]

The Netherlands doesn’t understand Southern Europe’s pain

PLATO project |

In the Netherlands, the public underestimates how much Southern Europe has already suffered. And how we benefited ourselves, says Joris Melman, analysing the Dutch stance in the negotiations on the EU’s economic responses to the corona crisis. The Dutch stance in the EU negotiations about the economic response to the corona crisis has sparked criticism […]

The difficult role of consumer groups in the shaping of financial regulation

PLATO project |

Although European financial regulation directly affects citizens as consumers, it is only to a limited extent exposed to public debate. There has also been widespread criticism that European regulators were too close to the financial sector, both before and after the financial crisis. The EU introduced permanent advisory councils, so-called Stakeholder Groups, to include more […]

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