The Future of the Eurozone - How to Keep Europe Together: A Progressive Perspective from Germany

The financial and debt crises, Euroscepticism, economic recovery, high unemployment, and refugee crisis threaten the European currency union and the EU. This volume proposes a democratically legitimized Euro Finance Minister, a new economic approach, a common Eurozone budget, and minimum social standards to rescue the Euro and keep Europe together.

Format: Paperback / softback
Length: 208 pages
Publication date: 08 December 2021
Publisher: Transcript Verlag

Europe is facing a series of crises that pose significant threats to the European currency union, Euroscepticism, economic recovery, unemployment, and political divisions. The financial and debt crises have endangered the stability of the Euro, and referenda in several EU countries indicate widespread skepticism towards the currency. The economy is gradually gaining momentum, but unemployment remains high in many Member States, and the refugee crisis has further deepened political divisions. The need for a comprehensive and effective response to these challenges is urgent.

In this volume, renowned German researchers and leading practitioners offer pragmatic recommendations to address these pressing issues. They advocate for the establishment of a democratically legitimized Euro Finance Minister, a new economic approach, a common Eurozone budget, and minimum social standards as essential prerequisites for a fair, stable, and prosperous Europe.

The authors argue that a democratically legitimized Euro Finance Minister would ensure that financial decisions are made in the interests of all EU members and promote transparency and accountability. A new economic approach would focus on sustainable growth, job creation, and social welfare, while a common Eurozone budget would provide financial stability and support for vulnerable regions. Minimum social standards would ensure that all citizens have access to essential services and protect against poverty and inequality.

The authors also emphasize the importance of European integration and cooperation in addressing these crises. They argue that a stronger and more unified Europe can better withstand external shocks and provide a more effective response to global challenges. They call for increased political dialogue, cooperation, and solidarity among EU members to build a stronger and more resilient European Union.

In conclusion, Europe is facing a critical period of uncertainty and challenges. The recommendations presented in this volume offer a roadmap for rescuing the Euro and keeping Europe together. By implementing these pragmatic measures, Europe can achieve a fair, stable, and prosperous future for its citizens. It is essential that policymakers and stakeholders take these recommendations seriously and work together to address the urgent needs of the European Union.

Weight: 666g
Dimension: 226 x 147 x 15 (mm)
ISBN-13: 9783837640816