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Even before the Covid-19 pandemic, the euro area slowdown was the result of EMU-induced domestic deflation. EU3D researcher Simona Piattoni offers a different reading of Italy’s disappointing economic performance. Since 2011, Italy has been considered the single largest threat to the stability of the euro. Italy’s high and growing debt (€2300 bn, some 135% of […]
The socio-economic effects of the coronavirus requires a massive and coordinated response from the EU. So far, the EU has not been up to the challenge, argues Marco Dani and Agustín José Menéndez. The coronavirus pandemic has deepened and radicalised a set of crises that the European Union postponed but did not solve in […]
Given the ravages of the coronavirus crisis, the future of Europe cannot be one of permanent division between its northern and southern states. We are going through the gravest European crisis since the integration project began. The divisions which emerged during the European Council on March 26th are unprecedented in the history of the European […]
A multi-speed or multi-tiered Europe has often been presented as a solution to Europe’s current challenges. But this kind of differentiation can generate democratic problems, argues EU3D Scientific Coordinator John Erik Fossum. In the last decade, the EU has faced a broad range of crises and challenges, such as the financial and Eurozone crises, the refugee […]
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