Past Event

Europe: Back to the future of a political project

This event will feature a discussion on different ideas for reforming European Governance.

Date: October 23, 2018, 12:30 pm Topic: European Macroeconomics & Governance

AUDIO & VIDEO RECORDINGS


SUMMARY

Brussels-based discussions on the political future of Europe rarely represent the most suitable stage for provocative ideas and substantive debates. This event chaired by the director of Bruegel Guntram Wolff, however, offered an intense exchange between radically different views on how Europe should proceed and how its future institutional setup should look like.

Ulrike Guerot, founder and director of the European Democracy Lab (EDL), made a passionate case for a European Republic – a political utopia according to her own definition. Differently from “political union” and “United States of Europe”, in fact, the notion of “republic” conveys an emotional message which Europe desperately needs in this historical period. In Jacques Delors’ words, you cannot fall in love with a single market, and Europe needs a soul. The republican goal might fill this void, empowering citizens by making them truly equal from a legal perspective too. Convergence has taken place in the realm of services, markets, currency; what we lack are laws on citizens, and a European common stance on voting, taxation, and social aspects that citizens hold the dearest. This is why the goal should be to achieve (i) electoral equality (instead of the current system split by nations), (ii) equal fiscal policy, and (iii) equal access to social rights (e.g., a European unemployment scheme, the implementation of a European Social Security Number). After the economically driven integration, it is time to pursue the political objective of European citizenship, the only way to deal effectively with the rise of populism, vastly due to the inability and/or unwillingness of European elites to address legitimate criticisms and go forward with the European project. Ms Guerot has therefore launched the European Balcony Project on November 9th, inviting citizens and associations to express their support to a European Republic.

Adriaan Schout, visiting fellow at Bruegel, took a much more pragmatic stance, inviting the audience to appreciate how well the European Union functions the way it is, at least in relative terms. Creating high expectations about the potential for improvement, as both Macron (with his ambitious proposals) and Juncker (with his demand for an EU that delivers) did, is unwise and might easily backfire. This is all the more true as most issues and fragilities in Europe lie at the national level: individual countries have to improve to a much greater extent than the European Union. Some of the packages recently proposed at the European level, such as the EMU one, are indeed pretty satisfactory compromises, although not radical enough to raise much enthusiasm. The European Union is a resilient and pragmatic economic union: values are of course important, but it would be risky to expand the reach of EU competences while national idiosyncrasies have remained fairly stable during the past sixty years, despite EU membership.

Event notes by Jan Mazza

EVENT MATERIALS

Presentation by Ulrike Guerot

Schedule

Oct 23, 2018

12:30-13:00

Check-in and lunch

13:00-14:00

Panel discussion

Ulrike Guerot, Founder and Director, European Democracy Lab (EDL)

Adriaan Schout

Guntram B. Wolff, Director

14:00-14:30

Q&A

Chair: Guntram B. Wolff, Director

14:30

End

Speakers

Ulrike Guerot

Founder and Director, European Democracy Lab (EDL)

Adriaan Schout

Guntram B. Wolff

Director

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

[email protected]

Read about event More on this topic
 

Past Event

Past Event

Protecting workers in the platform economy

How can we protect platform workers while preserving the opportunities and benefits that are generated by the sharing economy?

Speakers: Payal Dalal, Mario Mariniello, Diane Mulcahy, Ana Carla Pereira, Jacob Rudbäck and Shamina Singh Topic: Innovation & Competition Policy Date: February 24, 2021
Read about event More on this topic
 

Past Event

Past Event

Money laundering and hybrid threats: Has COVID-19 made it all worse?

Will the European Union and its member states be ready to control this risk – even if competition for financial inflows intensifies?

Speakers: Arnis Praudins, Arnis Šnore, Nicolas Véron and llze Znotiņa Topic: Finance & Financial Regulation Date: February 18, 2021
Read about event More on this topic
 

Past Event

Past Event

Prospects for the US climate policy under the Biden Administration

How US climate policy is likely to evolve, and which international impacts can be expected?

Speakers: Jason Bordoff, Kate Marvel, Michael Mehling, Robert N. Stavins, Leah Stokes and Simone Tagliapietra Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: February 17, 2021
Read about event More on this topic
 

Past Event

Past Event

The role of transition finance: a conversation with EBRD President Odile Renaud-Basso

Join us in conversation with EBRD President Odile Renaud-Basso.

Speakers: Odile Renaud-Basso and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: February 16, 2021
Read about event More on this topic
 

Past Event

Past Event

Towards a European industrial renaissance?

An open-minded debate on the future of industry in Europe, hearing the perspective of European business leaders.

Speakers: Vinod Kumar, Jean-Marc Ollagnier, Claire Waysand and Guntram B. Wolff Topic: Innovation & Competition Policy Date: February 12, 2021
Read about event
 

Past Event

Past Event

Building back greener: sustainable finance and the Green Deal

How could additional regulation incentivise investment while upholding the integrity of sustainable finance?

Speakers: Klaas Knot, Sean Kidney, Alexander Lehmann, Isabelle Mateos y Lago and Philipp von Restorff Topic: Energy & Climate, Finance & Financial Regulation Date: February 11, 2021
Read about event
 

Past Event

Past Event

Disruption or transformation: the impact of a digital euro on the financial system

How would a digital Euro impact the financial system?

Speakers: Fabio Panetta and Guntram B. Wolff Topic: European Macroeconomics & Governance, Finance & Financial Regulation Date: February 10, 2021
Read about event More on this topic
 

Past Event

Past Event

Mobilising equity finance for Europe’s recapitalisation challenge

At this event we will discuss what sources of equity finance can help Europe emerge from the recession.

Speakers: Alexander Lehmann, Thomas Wieser, Laurent Zylberberg, James Chew and Katja Langenbucher Topic: Finance & Financial Regulation Date: February 9, 2021
Read about event
 

Past Event

Past Event

Carbon Border Adjustment Mechanism: Greening the EU trade?

Assessing CBAM from a trade perspective.

Speakers: Suman Bery, Luis Garicano, Emily Lydgate and André Sapir Topic: Energy & Climate, Global Economics & Governance Date: February 4, 2021
Read about event More on this topic
 

Past Event

Past Event

The geopolitics of the Green Deal

Join us to mark the launch of the eponymous paper co-written with the European Council on Foreign Relations.

Speakers: Stefano Grassi, Mark Leonard, Simone Tagliapietra, Jennifer Tollmann, Marc Vanheukelen and Guntram B. Wolff Topic: Energy & Climate Date: February 3, 2021
Read about event More on this topic
 

Past Event

Past Event

In search of a fitting monetary policy: the ECB's strategy review

The ECB is reviewing its monetary policy strategy. How to ensure monetary policy is fit for purpose in a fast changing world?

Speakers: Maria Demertzis, Philip Lane, Reza Moghadam and Erik F. Nielsen Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: January 27, 2021
Read about event More on this topic
 

Past Event

Past Event

Conversation with President Jin Liqun (AIIB) on key Infrastructure trends that could shape the recovery

What will happen to infrastructure financing in a post-COVID world?

Speakers: Jin Liqun and Guntram B. Wolff Topic: Global Economics & Governance Date: January 26, 2021
Load more posts