As it nears its 60th anniversary, the European Union is haunted by a succession of crises. Europe’s economy has just gone through a lost decade. Growth and investment remain low, while debt and unemployment have settled at high levels in many parts of the eurozone. The EU is also politically weaker: One of its largest members is preparing to leave, and populism is on the rise in many countries.
The ad hoc stabilization measures of the past years will not suffice to protect the euro against further crises and bring the eurozone back on a sustainable growth path. A wait-and-see approach is both economically expensive and politically dangerous. A high-level working group has brought together the best reform ideas and translated them into a comprehensive reform strategy at this crucial juncture in Europe’s history.
The report was presented in Brussel on 22 September 2016:
Presentation of the Report:
Henrik Enderlein, Director of the Jacques Delors Institut – Berlin; Professor of Political Economy and Associate Dean, Hertie School of Governance
Panel Discussion with Members of the Working Group including:
Pascal Lamy, President emeritus of the Jacques Delors Institute in Paris; former Director-General of the World Trade Organisation
Enrico Letta, President of the Jacques Delors Institute in Paris; Dean of the Paris School of International Affairs
Philippe Maystadt, President of CIFE (Centre international de formation européenne); honorary President of the European Investment Bank (EIB); former deputy prime minister and minister of finance of Belgium