Institute president Henrick Enderlein co-authors paper identifying dangers and opportunities following the deal.
After the tough negotiations with Greece, the president of the Jacques Delors Institut - Berlin Henrik Enderlein and the president of the steering council of Siemens Gerhard Cromme analysed the dangers and opportunities resulting from the agreement for a strengthening of the EMU.
They identified notably the risks of complacency, the start of a blaming game, and of "fiddling about" in the absence of a long-term strategy and a political vision of the EMU. However, this agreement could also prove to be a basis for intelligent reforms that push to revisit European fiscal policy, and to reinforce investment and integration. This tribune calls for greater Franco-German cooperation in order to finally realize the historic goal of completing the EMU.
The Jacques Delors Institut – Berlin is a joint project by the Hertie School of Governance and Notre Europe – Jacques Delors Institute in Paris. It was established in early 2014 as a research-based Think Tank with the objective to contribute to a better policy debate on Europe in Germany. It is directed by Henrik Enderlein, who is Professor of Political Economy at the Hertie School of Governance.