New heads for Europe and still little hope for savers
Work began on 1 December not only for the new EU Commission, but also for the new EU Council President Charles Michel. The new President of the European Central Bank, Christine Lagarde, took office on time on 1 November. Just like Commission President von der Leyen, she too has to cope with high expectations, especially since she has taken over the ECB, an institution that is regarded as internally divided. Lagarde is aware of this starting position and has therefore promised to review the central bank's strategy in the coming months. Few people expect a move away from zero interest rate monetary policy. Nevertheless, there are expectations that Lagarde will reverse Mario Draghi's last controversial decision and put an end to billion-dollar purchases of government bonds.
Harald Händel
Head of Communications cep |
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| Values and rights in Europe: Von der Leyen's tasks for the new EU Commission - Part 5 |
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A cepAdhoc assesses the main tasks which future EU Commission President Ursula von der Leyen will be entrusting to the future Commission Vice-President Jourová and Justice Commissioner Reynards, in the areas of rule of law, fundamental rights, consumer protection and European Parliament elections.
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| Addressing the Italian malaise |
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The future of the eurozone depends crucially on whether the Italian government can reduce its debt ratio. In an input, the cep looks at ways to boost Italian economic growth and debt reduction.
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"We can be the ones who shape the world order for the better."
EU Commission President Ursula von der Leyen to the European Parliament |
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"We are the power that is troubling"
French Finance Minister Bruno Le Maire on France's role in the EU |
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„These will be very thick boards that Frau von der Leyen has to drill.“
cep expert Dr. Bert van Roosebeke on Deutschlandfunk |
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"In negotiations, compromises are always made, often bad ones."
cep Board of Directors Prof. Dr. Lüder Gerken on the debate on a European deposit insurance scheme |
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Offliner in the EU
Internet usage in Europe varies considerably. While in Northern Europe almost everyone has already used the Internet, the number of users in Southern and Eastern Europe is far lower. For example, 2% offliners in Denmark are compared to 27% in Bulgaria. In Germany the share is 5%. The data refer to Internet users aged between 16 and 74 and date from 2018.
(Source: Statista) |
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Angela Merkel faces many problems but doesn't want to quit.
Cicero Caricature of the day november 28th.
https://twitter.com/cicero_online/status/1200011243974791168 |
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