This archive contains all documents published by cep over the last few years:
cepAdhoc: Incisive comment on current EU policy issues
cepPolicyBrief: Concise reviews of EU proposals (Regulations, Directives, Green Papers, White Papers, Communications) – including an executive summary
cepInput: Impulse to current challenges of EU policies
cepStudy: Comprehensive examination of EU policy proposals affecting the economy
The year 2022 will be decisive for the EU's economic governance. After the softening of fiscal rules due to the Corona pandemic, the Commission decided on 19 October 2021 to tighten the reins again. The Centre de Politique Européenne in Paris has analysed the macroeconomic situation and developed proposals to stimulate growth while reducing debt-to-GDP ratios and achieving more fiscal sovereignty.
The public debt ratios of Germany and France are currently diverging strongly. As a result, the two countries might be pursuing different policy objectives, such as the reactivation of the Stability and Growth Pact. This endangers the stability of the euro area. A cepInput looks at the causes of this development and shows strategies to counteract it.
A Temporary Framework published by the European Commission sets up the conditions that COVID-19-related state aid measures have to fulfil in order not to violate EU law. This cepInput assesses the impact on competition in the Single Market that the design of the state aid measures contained in the Temporary Framework will have.
In order to provide financial support to Member States to help them cope with the economic consequences of the Corona pandemic, the EU has created the "SURE instrument". In concrete terms, SURE provides temporary support to reduce the risk of unemployment. A cepInput is investigating what to make of the subsidisation of corona-related national short-time work programmes.
The EU Commission is currently reviewing the legal framework for economic governance in the EU, in particular the Stability and Growth Pact (SGP). In order to give the member states more fiscal room for manoeuvre in the corona crisis, the SGP was also suspended in March. A cepInput advocates a simplification of the SGP.
The economic consequences of the Corona crisis have raised doubts about the creditworthiness of some euro countries. A cepInput comments on the latest ECB bond purchases and gives recommendations on how to deal with the crisis in the euro zone.