Now that the German-led Eurogroup has rejected the Commission’s proposal for a timid expansionary fiscal policy, it’s up to the Parliament to take a stand and defend a Eurozone fiscal capacity that would allow such expansive measures, write Ernest Maragall and Jordi Angusto.
Europe’s refusal to do away with austerity policies contributed to a huge external deficit across the Atlantic, while the EU remained in the black. That doesn’t mean we won though, warn Ernest Maragall and Jordi Angusto.
Trade unions and companies are more closely aligned against the harmful competition stemming from emerging economies’ low salaries and working conditions than ever before. But the EU's export of jobs is harming itself and the global economy, write Ernest Maragall and Jordi Angusto.
The eurozone’s problems are not just caused by poor management in the South, but by its asymmetrical architecture and unfair implementation of the rules. A fiscal capacity would level the playing field and answer the Eurosceptics, writes Ernest Maragall.
While the main objective of the US Federal Reserve is full employment, there is not a single EU institution that shares this goal. This is most likely why we have double the unemployment of the US, argue Ernest Maragall and Jordi Angusto.
The economic crisis, the threats of Grexit and Brexit and the death of Schengen are all failures of the EU. To survive, the bloc must learn to solve the root causes of its problems, writes Ernest Maragall.
In light of the slow, almost non-existent, progress of in Turkey's EU accession talks, some political groups in the European Parliament have called for a reassessment of the relationship. It would be a terrible mistake, write Ernest Maragall and Laura Batalla.
Negotiations between the new Greek government and the European institutions are fast approaching the point where lines will have to be drawn and clear positions taken. At that point, the likelihood (or not) of reaching an agreement will become clearer, writes Ernest Maragall MEP.