What the European Commission proposes makes sense as far as it goes. But that is not nearly far enough.
Meeting the EU’s climate and energy goals will mean ramping up public investment via a permanent fund.
Europe’s central bank is under pressure to raise interest rates to counter rising inflation. It should resist it.
The pandemic-induced crisis has seen fiscal policy relaxed. Ill-evidenced orthodoxy must not be allowed to reinstate austerity.
Implicit in the global ‘race to the bottom’ on corporation tax in recent decades has been that this favours growth. Yet does it?