A new German government paper initiated by Green coalition members and underwritten by the federal government could help start a real negotiation and end the stalemate on European fiscal rules. Nevertheless, the proposal is an unsatisfactory domestic political compromise that is hardly operational. But now that Germany has put ideas on the table, EU institutions need to act.
Geo-economics – one of DGAP’s core themes – explores how the politics of trade, technology, finance, and/or energy can be employed to achieve strategic goals. For Europe to remain a key player internationally, the continent must help define the rules of a new geo-economic world order. DGAP looks at how Germany can contribute to better positioning Europe in this increasingly competitive landscape.