Discussion Forum – web event
Thursday, March 23, 2023
17:30-18:45
The European Economy and the prospects for enhanced macroeconomic coordination
Speaker: Pierre Jaillet, Economist, Associate Research Fellow at the Jacques Delors Institute and at the Institute of International Strategic Relations, in Paris, Former Director General Economics and International Relations, Banque de France
Chair: Ioannis Tirkides – Economic Research Manager, Bank of Cyprus, and President of the Cyprus Economic Society
Abstract: The global and European economic outlook is clouded by uncertainty amid an ongoing war in Ukraine, successive supply shocks and an underlying persistent inflation, underpinned by central banks’ monetary tightening to restore price stability. Europe is particularly affected by the war in Ukraine, with a prolonged energy crisis in the midst of ongoing green and digital economic transitions. Europe also faces longer term challenges related to its declining potential growth and increasing economic heterogeneity. This new environment is also forcing a rethink of the institutional architecture and of the economic and financial coordination framework.
Discussion Forum – web event
Wednesday, April 26, 2023
17:30-18:45
An overhaul of the European fiscal framework?
Speaker: Andreas Eisl, Research Fellow on European Economic Policy at the Jacques Delors Institute, Paris
Chair: Ioannis Tirkides – Economic Research Manager, Bank of Cyprus, and President of the Cyprus Economic Society
Abstract: This discussion will focus on the key elements of the European Commission’s recent proposal to reform the European fiscal framework and will raise several issues of particular relevance for the ongoing political negotiations. These will include questions about the actual minimum fiscal consolidation requirements imposed on Member States, the challenges of the new fiscal structural plans for democratic choice, and the potential inadequacy of the incentive structure to ensure sufficient public investment in the face of the climate crisis.
