Reforming Europe’s Economic Policy Framework: Progress and New Unprecedented Challenges

​​Despite progress in strengthening its economic governance framework over the past 10 years, there is no doubt that Europe needs a bold institutional overhaul to deal successfully with the many unprecedented challenges that lie ahead. Which economic policy framework can render Europe more resilient in face of extraordinary economic uncertainty, escalating public debts, and large global shocks such as the pandemic, energy supply shortages, and rising inflation? How should the European common fiscal framework be reformed to successfully address the tradeoff   between containing fiscal risks and stabilizing output at a time of monetary policy tightening and rising interest rates? How can we minimize the risk of a new wave of sovereign debt crises in the European periphery? Join George Chouliarakis for a discussion of the European economic policy framework in a new era of economic uncertainty and monetary tightening.

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