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Jacques Delors Centre, Bertelsmann Stiftung (Publisher) (PDF)2020

Contact tracing apps in Europe

One of the issues brought forth by the COVID-19 crisis is the need to track the infection chains in order to stop the disease from spreading. One of the simplest ways this can be done is via a smartphone app. However, this can bring about several privacy issues....

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Bertelsmann Stiftung, Hertie School Jacques Delors Centre (Publisher) (PDF)2020

The Corona crisis and the stability of the European banking sector

The Covid-19 crisis put a huge burden on the global economy and could affect the economy more severe than the Great Financial crisis in the end. Governments responded to the shock imposed by Covid-19 by offering liquidity to the real economy, either directly or indirectly by...

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Bertelsmann Stiftung, Jacques Delors Centre (Publisher) (PDF)2020

How to spend it right

The Recovery and Resilience Facility (RRF) will be the core of the EU’s new Recovery Instrument to fight the economic fallout of the pandemic. Under the RRF, 310 billion euros in additional EU spending will be allocated by the European Commission to member states based on...

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Jacques Delors Centre, Bertelsmann Stiftung (Publisher) (PDF)2020

Taxation to the rescue?

The COVID19 – crisis puts a strain on public households in the EU, not only because of necessary rescue packages, but also due to a drop of tax revenues in the face of an economic downward spiral. A European tax reform to support the economic recovery without putting an...

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Jacques Delors Centre, Bertelsmann Stiftung (Publisher) (PDF)2020

EU banks’ vulnerabilities

COVID-19 will hit financial institutions with a substantial time lag, but the coming storm will be fierce. The EU banking sector is entering the troubled waters of the Corona crisis with four major vulnerabilities: (1) Market and (2) funding liquidity risks have been...

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Bertelsmann Stiftung, Jacques Delors Centre (Publisher) (PDF)2020

Policy Position – Geduldig am Abgrund

Die EU-Mitgliedstaaten zögern weiter, eine wirklich europäische Antwort auf die Krise zu geben. Damit verspielen sie die derzeit breite öffentliche Zustimmung für europäischer Solidarität.

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Bertelsmann Stiftung, Jacques Delors Centre (Publisher) (PDF)2020

Die wirtschaftlichen Lasten der Krise teilen

Die EU-Mitgliedsstaaten müssen die Last der wirtschaftlichen Lasten der COVID-19-Pandemie teilen. Das Pandemie-Solidaritätsinstrument ermöglicht eine solche Lastenteilung: Die EU würde 440 Milliarden Euro auf dem Markt aufnehmen und sie als Zuschüsse für spezifische Ausgaben...

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Bertelsmann Stiftung, Jacques Delors Centre (Publisher) (PDF)2020

Flattening the Recession Curve

While the ongoing pandemic affects all European economies, we show that it is likely to cause much more economic damage in some member states than in others. Early fiscal crisis responses by EU governments do not reflect these differences. If anything, countries which are...

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Bertelsmann Stiftung, Jacques Delors Centre (Publisher) (PDF)2020

Sharing the fiscal burden of the crisis

EU member states must share the burden of the fiscal costs of the COVID-19 pandemic. The Pandemic Solidarity Instrument delivers such burden sharing: The EU would borrow 440 billion euros in the market and would give it as grants to member states for specific spending in...

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