Vier Jahre Eurokrise: Wege zu neuem Systemvertrauen

Nicolaus Heinen

Wirtschaftsdienst, 2013, vol. 93, issue 5, 337-341

Abstract: Political gridlock, violations of European law and inconsistent political communication have turned the euro crisis into a crisis of confidence in public policy. To re-establish trust in the system, Europe needs a comprehensive approach consisting of three elements. First, rules can invigorate societies if they provide for cross-border competition in a revived single market and abstain from top-down provisions. Second, new growth perspectives — e.g. by reassigning major parts of the EU budget — can enhance the selfconfidence of societies. And finally, a pan-European debate on common goals and values can help answer the essential question of Europe’s sense and purpose. As the euro can only ever enjoy as much trust as the institutions governing the euro area, the solution of the European confidence crisis is crucial to the fate of the common currency. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2013

Keywords: E60; F55; Z18 (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/s10273-013-1530-4

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