Cinzia Alcidi

Cinzia Alcidi

Cinzia Alcidi

Cinzia Alcidi

cinzia.alcidi@ceps.eu

Analyses
23 April 2022

EU economic governance between crises: broken taboos in search of political institutionalization

By and

The pandemic represented a turning point of the debate on the European economic governance. All in all, the combination of existential (public health) crisis and experiential learning from the errors of the Great Recession led EU policymakers, along with the Commission and the ECB at the helm and with strong support from the European Parliament, to adopt a more solidaristic approach to respond to the COVID-19 crisis. In such a context, four taboos were temporarily broken, thus opening the room for a debate on the future of economic governance for the EU.

Policy focus
31 July 2020

SURE: What about a permanent instrument?

By and

Short-time work (STW) schemes have proved to be the ace of Member States’ response to the social and employment crisis induced by the outbreak of the COVID-19 pandemic. In this scenario, the proposal of the Commission for a temporary Support to mitigate Unemployment Risks in an Emergency (SURE), is to be welcomed as a bold and innovative move. Is the time ripe for the Commission to put the proposal forward for a permanent SURE?

Policy focus
17 April 2020

Are we SURE? A critical assessment of the Commission’s proposal for temporary Support to mitigate Unemployment Risks in an Emergency

By and

On 1 April, the President of the European Commission, Ursula von der Leyen, announced the proposal to create a new instrument for temporary Support to mitigate Unemployment Risks in an Emergency (SURE), to allow for financial aid in the form of loans from the Union to those Member States which are facing sudden increases in public expenditure for the preservation of employment.

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«Our overall findings thus offer further support to the diffuse observations of a politicization of the ECB also in terms of the way its Presidents have started communicating with the public»