EMU


The COVID-19 welfare wake-up call

The coronavirus pandemic hit when the world was still reeling from the Great Recession, delivering a serious blow to economies everywhere. Will European welfare states be able to absorb this new shock? Anton Hemerijck and Robin Huguenot-Noel urge welfare states to consider long-term objectives for greater resilience to short-term crises.

Fiscal councils: A weapon against populism?

Recent EUI graduate and political scientist Tobias Tesche argues that non-partisan fiscal councils provide greater transparency on fiscal policy, strengthen EMU governance and reign in populist tendencies.