Blog post
17 May 2022
Does the war in Ukraine call for a new Next Generation EU?
The European Union should take significant economic measures in response to the war in Ukraine, but a new Next Generation EU is not needed yet.
European semester and fiscal rules
Showing 17-32 of 34 results
External publication
13 April 2022
What drives implementation of the European Union’s policy recommendations to its member countries?
Article published in the Journal of Economic Policy Reform.
Opinion piece
08 March 2022
How to reconcile increased green public investment needs with fiscal consolidation
The EU’s ambitious emissions reduction targets will require a major increase in green investments. This column considers options for increasing public
Blog post
20 December 2021
Policy coordination failures in the euro area: not just an outcome, but by design
Discussions on the fiscal framework should aim to correct its procyclical nature with a view to promoting more cooperative outcomes.
External publication
24 November 2021
The future of the stability and growth pact
Testimony given to a Tweede Kamer der Staten-Generaal roundtable discussion on the future of the stability and growth pact.
Opinion piece
22 October 2021
Can EU fiscal rules jump on the green bandwagon?
By and large, setting a new green golden rule would be a useful addition to the existing EU fiscal framework.
External publication
11 October 2021
Redesigning EU fiscal rules: from rules to standards
It is an illusion to think that EU fiscal rules can be simple.
Policy brief
09 September 2021
A green fiscal pact: climate investment in times of budget consolidation
A fiscal exit strategy must be put in place when the EU is pursuing the major goal of cutting its emissions
External publication
17 November 2020
New life for an old framework: redesigning the European Union's expenditure and golden fiscal rules
Testimony before the European Parliament on the subject of EU fiscal policies.
External publication
14 October 2020
New life for an old framework: redesigning the European Union's expenditure and golden fiscal rules
This briefing paper focuses on two aspects of the EU fiscal framework: whether an expenditure rule would be more reliable than a structural budget bal
External publication
12 October 2020
What role for the European Semester in the recovery plan?
In this paper, the author looks at the implications arising from the focus of the Recovery and Resilience Plans in the context of the European Semeste
Opinion piece
23 July 2019
EU policy recommendations: A stronger legal framework is not enough to foster national compliance
In 2011, the EU introduced stricter rules to monitor the implementation of country-specific policy recommendations. Using a new dataset, this column i
Working paper
25 April 2019
What drives national implementation of EU policy recommendations?
The authors use a newly-compiled dataset to investigate whether and why European Union countries implement the economic policy recommendations they re
Blog post
26 February 2019
What to look out for in the latest European Semester package
Implementation of the European Commission’s country-specific policy recommendations (CSRs) is at a low rate overall. Whether this trend has continued,
Policy brief
13 June 2018
Is the European Semester effective and useful?
The authors study whether and to what extent EU countries implement recommendations on macroeconomic imbalances given by the EU in the so-called Europ
Blog post
15 June 2016
Implementation of European Semester recommendations worsens further
Economic policy coordination in the EU hardly works: the initially modest implementation has worsened further.