Professor of Economics, Julius-Maximilians-Universität Würzburg

Professor of Economics, Julius-Maximilians-Universität Würzburg

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Our European Future

FEPS contribution to the Conference on the Future of Europe
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Progressive Post

The crisis is a huge opportunity to accelerate European integration

Even before the Covid pandemic has subsided, Europe is now facing another major shock in the form of the Ukraine war. It is threatening economic growth and jobs, and the accompanying soaring inflation is hitting low-income households especially hard. In all this, it is unclear how long the war will last and how drastic the restrictions on energy supply will be.

Normalisation of the ECB’s monetary policy is timely

The European Central Bank (ECB) is due to end its Quantitative Easing (QE) programme at the end of the year.