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Publications

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PUBLICATIONS

Growth and the Euro after Brexit

The euro is not equipped for future crises. This is the result of the report by an international expert group. The group proposes a three-step ... read more

PUBLICATIONS

The Euro area crisis: a short history

More than half a decade has passed since the start of the euro area crisis. Yet there is still no consensus on the fundamental economic and political ... read more

PUBLICATIONS

Brexit as a window of opportunity for treaty reform in the EU

The decision of the UK to leave the EU has important constitutional implications for the EU. read more

News

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New Report

Wake-up call after Brexit: The euro needs reforms

The euro is not equipped for future crises. This is the result of the report by an international expert group. The report puts forward a three-step plan to reform the European Economic and Monetary Union: 1. A first-aid kit for monetary union that addresses shortcomings in crisis management and economic coordination. 2. Growth in the EU has to be strengthened by a combination of investments and reforms. 3. In the medium term, the euro has to be based on a large degree of risk sharing and sovereignty sharing. This goes hand in hand with developing the permanent European rescue mechanism, the ESM, into a European Monetary Fund under greater parliamentary control. 

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The report and its authors

Learn more about the Working Group

The working group was set up to discuss and reflect upon a reform agenda for the eurozone. The debates have led to the publication of the report "Repair and Prepare: Growth and the Euro after Brexit", which was produced in cooperation between the Jacques Delors Institutes in Berlin and Paris and the Bertelsmann Stiftung. The expert group was led by Henrik Enderlein, Director of the Jacques Delors Institute in Berlin and Professor at the Hertie School of Governance, and Enrico Letta, President of the Jacques Delors Institute in Paris and former Italian Prime Minister.

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