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Decentralising and democratising while reforming European economic governance – Vivien Schmidt socialeurope.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from socialeurope.eu Daily Mail and Mail on Sunday newspapers.
Vivien A Schmidt
The Covid-19 pandemic has been something of a wake-up call for the European Union. The EU finally recognised that the eurozone economic policies it had been pursuing since the 1990s reinforced at the outset of the eurozone crisis in 2010 had been deleterious to the wellbeing of its citizens and the planet.
The obsession with ‘governing by rules and ruling by numbers’ through the Stability and Growth Pact (SGP), focused on low deficit and debts, meant that the EU had failed to invest in its future. Such rules and numbers ensured that those without the ‘fiscal space’ (read southern Europe) could not invest, while those with the fiscal space (northern Europe)
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Greenwashing, green finance and emissions: Is Irish business doing its part in the fight against climate change?
Some companies have been more proactive than others but the pandemic may have slowed progress. By Ian Curran Wednesday 20 Jan 2021, 1:00 PM Jan 20th 2021, 1:00 PM 5,961 Views 4 Comments
Image: Shutterstock/Calin Tatu
Image: Shutterstock/Calin Tatu
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