
Fiscal Consolidation Costs Europe Jobs and Deepens Inequality
Philipp Heimberger and Anna Matzner
New research reveals that EU fiscal tightening reduces output, raises unemployment, and widens income gaps — especially during recessions.
Analysis and debate on the European economy: growth and investment, fiscal and monetary policy, trade, industry and inequality.

Philipp Heimberger and Anna Matzner
New research reveals that EU fiscal tightening reduces output, raises unemployment, and widens income gaps — especially during recessions.

Judith Kirton-Darling and Isabelle Barthès
Blaming labour protections for factory closures is not industrial policy — it is avoidance dressed as reform.

The European Commission’s “simplification” package is, in fact, a deregulatory intervention that weakens workers’ data rights.

Marouane Laabbas-el-Guennouni, Andreas Flouris, Sergio Salas, Sebastian Schneider, Marike Schooneveldt, Ivan Ivanov and Dimitra Theodori
Current legal frameworks leave workers dangerously exposed; only a binding directive can close the gaps.

Branko Milanovic asks whether we should continue to teach comparative economic systems to broaden students’ horizons, or if the global ubiquity of capitalism renders such historical study obsolete.

AI transcription tools promise efficiency but bring legal exposure, surveillance risks, and threats to fundamental rights.

Jeffrey Sommers and Cosmin Marian
The EU’s fastest-growing economy of the past two decades risks stalling unless it dramatically increases its rock-bottom spending on research and education.

Germany’s faith in free markets has left it squeezed between China and America — but a defence-spending loophole offers unexpected hope.

We must address climate change, inequality, and poverty simultaneously, but prevailing economic approaches are failing; solutions lie in an updated, experimental industrial policy focused on green and productive service job

Judith Kirton-Darling and Isabelle Barthès
Across 18 sectors, only aerospace and defence remain globally competitive—Europe must abandon naivety and act decisively.

Torsten Müller and Thorsten Schulten
The landmark ruling validates the directive’s approach to adequate wages and collective bargaining, dealing only minor setbacks to its implementation across Europe.

“Abundance” sounds appealing, but institutional competence and economic wisdom matter more than uplifting slogans.

Susanne Wixforth and Michael Soder
Bold industrial strategy must combine green transformation with social justice to secure Europe’s economic future.

Philipp Heimberger and Cara Dabrowski
Boosting infrastructure spending would stimulate growth and employment without threatening debt sustainability.

Enrique Fernández-Macías and Laura Nurski
The digital transformation of work isn’t destroying jobs through automation—it’s fundamentally reshaping how work is organised, managed and controlled.

Europe’s SME digital divide persists despite EU efforts, with financial constraints and skills shortages hindering transformation.