EU

German economic recovery has begun

“Economic bottom has been overcome” Courtesy of RWI Essen     The RWI expects German economic growth to slow by 5.8 percent this year due to measures to combat the coronavirus pandemic. The economy is expected to grow by 6.4 percent in the coming year. The unemployment rate is expected to be 5.9 percent this […]

EU

Europe should let private sector use digital ID verification

By William Echikson, courtesy of the Center for European Policy Studies     Europe should move fast to allow the private sector to leverage its public digital verification system, especially in view of the changes to communication brought about by the COVID-19 crisis, concludes this new study.     Identity verification remains a time-consuming, arduous […]

EU

Euro budget proposals break with longstanding taboo

“The MFF recovery plan breaks with a fundamental taboo” By Jorge Núñez Ferrer, courtesy of CEPS   The European Commission has presented a proposal to amend the Multiannual Financial Framework (MFF) for 2021-27 of the EU budget – integrating a recovery plan as a post-Covid response. Many elements of the plan are clearly in line with the […]

EU

With emergency measures, European fiscal divide deepens

“ECB calls for European Integration via a Common Fiscal Policy Response” By Gordon Kerr, Cavin O’Driscoll and Enrico Colombatto, courtesy of IREF   ECB President Lagarde announced a keenly awaited new policy statement on April 30th. There was to be no increase to the Euros 750 billion Pandemic Emergency Purchase Programme (PEPP), but the economic […]