Bertelsmann Stiftung, Jacques Delors Centre (ed.)

Natascha Hainbach, Dr. Nils Redeker

Flattening the Recession Curve

Comparing Initial Fiscal Responses to the Corona Crisis Across the EU

Format Type
PDF
Date of publication
09/04/2020
Edition
1. edition
Volume/Format
13 pages, PDF
Delivery status
Lieferbar

Price

Free of charge

Description

While the ongoing pandemic affects all European economies, we show that it is likely to cause much more economic damage in some member states than in others. Early fiscal crisis responses by EU governments do not reflect these differences. If anything, countries which are likely to be especially vulnerable are currently committing fewer fiscal resources to fighting the economic fallout than others. A joint European policy response to share the fiscal burden of this crisis is, therefore, urgently needed.

Related projects

Cover Repair and Prepare: Strengthening Europe

Das Jacques Delors Institut und die Bertelsmann Stiftung haben im Rahmen eines Forschungsprojektes ihre Kräfte vereint, um einen Fahrplan für eine stärkere Wirtschafts- und Währungsunion auszuarbeiten.