The financial and economic crisis in the Euro area has revealed a number of important flaws in the economic policy framework in Europe. On the one hand, the imbalances, which have dominated European development since the introduction of the euro, are not sustainable; and this is more serious in a...

Das Wachstum zieht wieder an. Hat die deutsche Wirtschaft damit die Krise überwunden und ist auf gutem Weg zu einem stabilen Wachstumspfad? Richtig ist, dass in der Krise wirtschaftspolitisch erfolgreich agiert wurde. Die Konjunkturprogramme kamen zwar spät, waren aber effektiv. Der...

The Broad Economic Policy Guidelines contain the answers of the European Commission and the governments of the EU-member countries to the European growth and employment problems. These guidelines have been the major EU-economic policy concept for around ten years now. They can be seen as a...