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Repair and Prepare: Strengthening Europe

The Bertelsmann Stiftung and the Jacques Delors Institut – Berlin join forces to present in-depth analyses and far-sighted ideas for a stronger European economy.

Holding the Supervisor to Account: The European Parliament and the European Central Bank in Banking Supervision

The Single Supervisory Mechanism (SSM), which gave the European Central Bank (ECB) responsibilities for banking supervision in the euro area, is now 5 years old. The European Parliament is the main political actor with powers to publicly hold the ECB accountable in the SSM. But how does the relationship fare?

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Shared scepticism, different motives: Franco-German perceptions of a common European safe asset

A common European safe asset is a highly contentious proposal within the Euro area reform agenda. Various safe asset proposals have been put forward since the onset of the Euro crisis ranging from Eurobonds to European Safe Bonds (ESBies), also known as Sovereign Bond-Backed Securities (SBBS), which currently enjoy the institutional support of the European Commission as well as the High-Level Task Force on Safe Assets at the European Systemic Risk Board. Its proponents argue that a European safe asset is required to break the bank-sovereign nexus and limit destabilising capital flows, ultimately improving financial stability in the Euro area. Nevertheless, the concept of a European safe asset remains controversial among national policymakers; some consider the idea promising, while others see it as a threat to market discipline, national sovereignty, or long-term fiscal stability.

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ESM Reform: No need to reinvent the wheel

In this blog post, Lucas Guttenberg argues that the ESM does not need a new instrument to provide short-term liquidity to member states. Instead, finance ministers should clarify that some of the existing instruments can be used without recourse to a full adjustment programme, i.e. based only on ex-ante eligibility criteria.

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Research policy: A guide to the negotiations on Horizon Europe

In June, the Commission tabled its proposal for the multi-billion research Programme Horizon Europe. The European Parliament and the Council are now called upon to agree on the legislative package before the forthcoming European elections. In the coming months, the institutions will lay the foundations of European research policy for 2021 to 2027 and determine its budget. This blog post explains the priorities of the Commission proposal and the political questions that will be at the centre of the negotiations.

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Repair and Prepare: Strengthening Europe

This project delivers ideas and analyses for a stronger European economy. It covers three areas: We outline a reform agenda for the Eurozone that addresses key economic, political, and legal aspects; we propose improvements to make the European Single Market fit for the future; and we address the prospects for and determinants of sustained growth and prosperity in a Social Europe.

Economic and Monetary Union

We set out ideas on how to make the Eurozone more stable and less prone to crisis. This includes proposals to complete the Banking Union, strengthen economic coordination among member states, and improve the Eurozone’s crisis management capacity.

The European Single Market

We identify an array of traditional and new growth factors for a modern, innovative European Single Market. We analyse how Europe can better facilitate public and private investment, innovation and mobility and suggest policy proposals for how best to equip the Single Market for the digital age. The negotiations on Brexit and the Multiannual Financial Framework (MFF) serve as critical inputs and will shape Single Market reform over the years ahead.

Social Europe

The legacy of the euro crisis and the challenges posed by demographic, structural and technological change put social issues at the heart of rethinking Europe’s economy. We suggest innovative solutions for addressing economic transformation processes and reducing social divisions in Europe. We also investigate how best to strengthen fair participation in the economy and how best to improve the Europe-wide employment and educational opportunities of EU citizens.

Paul-Jasper Dittrich

Research Fellow at the Jacques Delors Institut – Berlin

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Prof. Dr. Henrik Enderlein

Prof. Dr. Henrik Enderlein

Director of Jacques Delors Institut – Berlin, Vice President at Hertie School of Governance

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Foto Sabine Feige

Sabine Feige

Project Assistant at the Bertelsmann Stiftung

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Dr. Katharina Gnath

Senior Project Manager at the Bertelsmann Stiftung

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Lucas Guttenberg

Lucas Guttenberg

Deputy Head of Research at the Jacques Delors Institut – Berlin

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Christian Kastrop

Dr. Christian Kastrop

Director at the Bertelsmann Stiftung

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Carolin Köster

Carolin Köster

Administrative Assistant at the Jacques Delors Institut – Berlin

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Heidi Marleen Kuhlmann

Head of Communications at the Jacques Delors Institut – Berlin

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Dr. Dominic Ponattu

Dr. Dominic Ponattu

Project Manager at the Bertelsmann Stiftung

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Sylvia Schmidt

Sylvia Schmidt

Project Manager at the Bertelsmann Stiftung

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Pola Schneemelcher

Pola Schneemelcher

Research Fellow at the Jacques Delors Institut – Berlin

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Philipp Ständer

Philipp Ständer

Research Fellow at the Jacques Delors Institut – Berlin

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Dr. Marcus Wortmann

Junior Professional at Bertelsmann Stiftung

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