Skouras, Thanos, (2016), “Correcting The Euro’s Flawed Architecture Demands A Focus On Competitiveness Rather Than Productivity”, Social Europe, 1 Νοεμβρίου
On September 20, the European Council adopted a recommendation calling on the Eurozone member states to establish national productivity boards. This was an unfortunate decision. Not only did it kill a good proposal, it replaced it with a potentially harmful one. The useful initial proposal by the Five Presidents Report – establishing a novel system of national competitiveness boards – had the right focus and could be valuable in informing and triggering the Excessive Imbalance Procedure. The present one not only produces an unnecessary replication of work performed by existing institutions but it also has the wrong focus. As ETUC’s General Secretary, Luca Visentini, notes: “The EU does not need new institutions to monitor member states’ performance, as this is already done in the EU semester. These boards will be at best useless and at worst very damaging.” As a result, an opportunity to focus on and correct a crucial problem in the euro’s architecture seems to have been missed.
Σχετικές Αναρτήσεις
- Darvas, Zsolt, B.Wolf, Guntram, (2016), “An anatomy of inclusive growth in Europe”, Bruegel, 27 Οκτωβρίου
- A. Emmanouilidis, Janis, Zuleeg, Fabian, (2016), “Countering a regressive and illiberal Europe”, European Policy Centre, 13 Οκτωβρίου