Investment and confidence can help Europe out of the crisis

Background paper written by Signe Hansen for the Conference: Delay in promoting growth and confidence as […]

Policy Study

17/10/2014

Background paper written by Signe Hansen for the Conference: Delay in promoting growth and confidence as an alternative to austerity, will be very costly, both economically and politically

Europe is expected to go into recession this year, clarifying that the European recovery is still far from being self-sustaining, and that there is still a need for government intervention to get the European economy back on track. Despite the fact that austerity is dominating European fiscal policy these years, European countries entered the crisis with different starting points, which means that not all public finances in the European countries are equally badly hit today. A modest fiscal stimulus in the 6 European countries with the largest fiscal room to maneu- ver can act as a kind of a catalyst boosting consumption and investment. Assuming that the confidence spreads to all Europe, lowering interest rates in especially southern Europe, close to 2.5 million jobs can be created in Europe in 2013. And not only the countries investing will experience higher growth and employment, but also countries like Spain, Italy, Portugal and Greece will experience significant increases in GDP and employment. 

Find all related publications
Publications
13/06/2022

Just Transition & Revitalisation – A New EU Strategy for Rural Areas

How can EU actions support the revitalisation of rural areas? How can EU institutions put […]
19/05/2022

European Industrial Policy: A crucial element of strategic autonomy

European Strategic Autonomy series - Economy & Trade
12/05/2022

A macro-development perspective on euro area imbalances

By FEPS and Initiative for Policy Dialogue (IPD), founded by Nobel Laureate Joseph E. Stiglitz.
15/02/2022

Three ideas for a stronger Social Europe in a post- Covid 19 recovery

Policy Study by FEPS Young Academic Network (FEPS YAN) Through its eclectic 20 principles, the […]
Find all related events
Events
Past
30 - 31/05/2022
Berlin (Germany) | Online

Day of Progressive Economic Policy 2022

Hybrid Conference, Berlin (Germany), 30-31 May 2022 We are embarking on the frequently invoked “decade […]
22/04/2022
Palermo (Italy)

Healthy Democracy: Inequalities and the pandemic

22 April 2022, Palermo (Italy) The pandemic and the various public health measures adopted to tackle its […]
10/03/2022
Vienna (Austria)

European Green Deal: Investment needs and financing possibilities

Vienna (Austria), 10 March 2022, 11:00 – 13:15 The “European Green Deal” was adopted by […]
Find all related news
News
30/05/2022

FEPS launches ‘Recovery Watch’, a new research project

The National Recovery and Resilience Plans represent the new framework in which member states will identify their […]
10/05/2022

Call to participants: Training Days for Social Business

Switzerland, September 3rd 2022
28/04/2022

Prof. Stiglitz: NextGenEU was a step forward, but the EU needs more flexibility

The Nobel Laureate in Economics Prof. Joseph E. Stiglitz speak out about EU’s economic governance and fiscal rules […]
19/02/2021

FEPS supports the Statement of the Progressive Alliance: Global solidarity is the key to overcoming COVID-19

FEPS is pleased to join the global progressive family and supports the Statement of the […]
Find all related in the media
In the media

Belgians resigned but not yet panicking as prices continue to rise

06/05/2022

2022: Pathway to reconstruction – EURACTIV

01/02/2022

EU sees strengthened partnership with US vital for global recovery – EURACTIV

26/01/2022

A Europa sob teste de alta voltagem – PUBLICO

17/01/2022