ECB’s Easing Package Is a Call for European Fiscal Reform
ECB’s Easing Package Is a Call for European Fiscal Reform

19/09/2019 | by Shahin Vallée

Europe’s economic policy is currently being held hostage by incoherent decisions, which are not only crippling the euro area’s economy but also threatening global recovery. The ECB needs to admit that it cannot meet its mandate without fiscal support. In return, Germany needs to accept that true reform of Europe’s fiscal framework cannot take place without a real conversation about its debt brake policy, the schuldenbremse, and its balanced budget policy, the schwarze null.


  • What to Expect – and Not Expect – at the Upcoming G7 Summit in Biarritz

    von Dr. Claudia Schmucker
    Fünf Fragen, 21. August 2019

    What to Expect – and Not Expect – at the Upcoming G7 Summit in Biarritz

    French President Emmanuel Macron hosts the 45th G7 summit in Biarritz on August 24-26, 2019. The “Group of 7” is an important informal meeting of seven large industrial countries, including France, the United States, Canada, Germany, the United Kingdom, Italy, and Japan. The forum addresses global challenges such as trade, foreign policy, and climate change. Claudia Schmucker explains why the issues of climate and trade may hamper a joint final communiqué.

  • The Unraveling of the Shanghai “Deal”

    US-China Trade-cum-Currency Conflict comes to Europe

    von Shahin Vallée | China, Economy and Currency
    DGAPviewpoint 21 (August 2019), 2 pp.

    The Unraveling of the Shanghai “Deal”

    The trade conflict between the US and China has now clearly escalated into the currency realm. This will force Europe to respond to avert being the “variable of adjustment” for an economic conflict from which it cannot remain an innocent bystander.

  • Trade at the Time of Protectionism: Why the G20 Can Help

    von Dr. Claudia Schmucker
    Dossier of ISPI, 26. Juni 2019

    International trade is facing many risks, according to the WTO trade forecast of September 2018. Among these are rising trade tensions and global protectionism, as well as increased financial volatility as developed economies tighten their monetary policy. Consequently, the WTO downgraded world merchandise trade growth to 3.9% (2018) and 3.7% (2019) respectively.


Charting Choppy Seas
The World Economy and the Future of Growth and Trade
18/05/2017 | 10:15 - 17:00 | DGAP
Charting Choppy Seas
Populism, protectionism, and economic stagnation – a joint symposium held by the Japan Economic Foundation (JEF) and the DGAP examined how Japan and the EU can face common challenges and provide new opportunities to ensure prosperity in a future data-based economy.
Global Governance in Transition
How can the G20 help overcome regional fragmentation?
12/05/2016 | 18:00 - 20:00 | DGAP
Global Governance in Transition
German, Turkish, and Chinese experts came together to discuss the G20's most pressing questions, at a panel discussion organized in cooperation with the German Development Institute (DIE) and the Shanghai Institutes for International Studies (SIIS). The discussion was part of the Think 20 (T20) process under the aegis of the Chinese G20 presidency.
More Engagement for the Digital Agenda
Günther H. Oettinger speaks to the DGAP Study Group on EU Policy
26/01/2015 | 08:30 - 10:00 | DGAP | European Union
More Engagement for the Digital Agenda
Europe’s Internet and communications industry is lagging behind that of the US and Asia. A strong single digital market must make Europe and its companies more competitive – in all sectors of industry. To this end, Günther H. Oettinger has proposed a "Digital Union" for Europe. The EU Commissioner for Digital Economy and Society spoke about future projects in a confidential session of the German Council on Foreign Relation’s study group on EU policy.
Category: European Union
dgap in the media