European Policy Research
In this section you find analyses and commentaries on European (and especially German) economic and fiscal policy. Particular attention is devoted to the institutional development of the EU, above all monetary union, and its individual policy areas.
Talking Point
Commission Juncker: New team, new structures – new policies?
On Wednesday the Commission's new President Jean-Claude Juncker unveiled the next European Commission. As a new element, Juncker has established an intermediate level of six Vice-Presidents. This new formation of the college of Commissioners could enhance governance efficiency but could also cause rivalries over matters of competence. [more]
Chart in focus
Research Briefing
Referees or spectators? National Parliaments and subsidiarity in the VIIIth European Parliament
The interest for higher democratic accountability in the EU is stronger than ever. Indeed, there is scope for action for stronger involvement of national legislatures at EU level. Within the time frame of the eighth legislative period of the European Parliament (2014-2019), an interinstitutional agreement is a viable option. This could lay down a working definition of subsidiarity, enhance interparliamentary cooperation, and structure the use of ‘yellow cards’. In the medium term, a stronger role for national parliaments would require outright treaty revision. [more]
In focus
Private/Public QE: Repercussions of the OMT case at the ECJ
There will be a hearing in the European Court of Justice (ECJ) on the ECB’sOMT programme on 14 October. These legal proceedings go back to variousconstitutional complaints that were filed at the German Constitutional Court(GCC) in 2011 and 2012. They questioned Germany’s involvement with theESM and the ECB’s sovereign bond purchases on secondary markets. Whilethe GCC had deemed Germany’s participation in ESM as being constitutionalalready in late summer 2012, it separated the aspect of the ECB’s sovereignbond purchases on secondary markets from the proceedings and examined itseparately. Meanwhile, the plaintiffs extended their constitutional complaintsupon the ECB’s OMT announcement – although the programme had neverbeen activated. [more]
EU Monitor
A future in the EU? Reconciling the ‘Brexit’ debate with a more modern EU
The future of the British EU membership has become one of the most pressing concerns for the EU. The EU-British relationship has always been one of special character but a number of recent developments have led to a ‘Brexit’ gaining momentum. Only the UK itself will be able to rationalise the domestic debate on EU membership. Economically, Britain and the EU are inextricably linked. Realistic estimates predict losses in the range of 1 to 3% of British GDP in case of a Brexit. Likewise, the Single Market would shrink by 15%. [more]
Current Issue
Focus Germany: Heightened risks
The recent positive surprises provided by real economic indicators have for now banished concerns that Germany might slide into recession in Q3. However, the ongoing geopolitical risks and the question marks hanging over the expected cyclical upturn will probably lead to weaker growth in exports and company investment. That is why we have scaled back our growth forecast for the winter half-year 2014/2015. Thus, we have lowered our forecast from 1.8% to 1.5%. In our current issue we also address Germany’s fiscal position, we analyse the consequences of potential Russian gas supply disruptions and we take a look at the investment behaviour of German households. [more]
02.05.2014
Private consumption, wages, federal budget
29.11.2013
Coalition agreement, Trade relations Germany – US – China, Lifelong learning, Educational achievement, Financial integration between the Federation, the Länder and the municipalities in Germany, Debt ratio in Germany
Spotlight on Germany
 
 
Publications
Articles on economic policy appear in the following periodicals: 
SMEs
Dataflash Eurozone
    European elections 2014
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