The coronavirus pandemic is only one of the myriad of challenges the EU is facing. Especially in this potentially-transformative crisis, it is important to focus European expenditure and politics where they can provide the most benefit to European citizens. The concept of European public goods allows such a prioritization of EU politics. In their paper, Michael Thöne and Helena Kreuter show how the theory of fiscal federalism provides a compelling narrative for a reorganization of EU politics towards more sovereign decision-making – but only where it is truly needed.
The Paper was written as part of the Bertelsmann Stiftung Reflection Group on European Public Goods.