By Alexandre Mies Since the eurozone crisis in the 2010s and especially since the Covid crisis, the Stability and Growth Pact (SGP), or the Eurozone’s fiscal rules, increasingly revealed its limits. Before 2024, the SGP imposed the same quantitative budgetary rules on the 20 eurozone Member States, inherited from the 1992 Maastricht Treaty: public deficitContinue reading “Stability and Growth Pact 2024 Reform: Ending the “One-Size-Fits-All” Approach?”
Tag Archives: Economy
Trade Diversification Should Not Come at the Cost of Climate Action
By Elina Leybold Trump’s return to aggressive protectionism turned the clock back a century for United States trade policy. After months of uncertainty and repeated threats by Trump to raise tariffs to as much as 50%, the European Union and the U.S. finally reached a deal. Both parties agreed on a 15% tariff on EUContinue reading “Trade Diversification Should Not Come at the Cost of Climate Action”