About: European Stability Mechanism (ESM)

Economy & Jobs 23-04-2020

Reforms, investment and the EU Recovery Plan

The EU member states are finally discussing an ambitious European Recovery Plan and the good news is that they already have the right tool at hand, writes Dragoș Pîslaru.

How to finance virus response in a sustainable way? Scale up synergies with the Green Deal

EU member states should not have to choose between financing the COVID-19 response, undertaking crucial long-term investments to tackle the climate crisis, and debt sustainability, write Irene Monasterolo and Ulrich Volz.
Economy & Jobs 14-09-2018

Lessons from Lehman: It’s the real economy and politics that matter

There are few safeguards against a repeat of the “Great Recession” triggered ten years ago by the collapse of Lehman Brothers, writes Karl Aiginger. However, it will be different from the crisis of 2008 and there is a lot we can do to make it less likely and less severe, he argues.
Future EU 23-01-2018

EU 2018: A big year to be big on big things

With European Parliament elections, a new European Commission and Brexit scheduled, attention of some EU observers is already beginning to drift to 2019. However, focus should not shift too fast as the twelve months ahead promise major EU developments, which could mark 2018 down in the annals of EU history, insists Tom Parker.
Economic governance 05-01-2018

A three-step plan for a better European Monetary Fund

The European Commission's ESM reform plans are so one-sided that they can only exacerbate the Eurozone’s existing problems and deepen the gulf between creditor and debtor states, writes Clemens Fuest.