Europe – Page 10 – Blog Politique étrangère

This article is the English version of: Vivien A. Schmidt, « Gouvernance économique européenne : entre erreurs passées et promesses d’avenir », published in Politique étrangère, Vol. 87, Issue 4, 2021.

Image de fond avec les drapeaux de l'Union européenne, couverture du numéro 4 de 2021 de la revue Politique Étrangère.

The responses to the Covid-19 crisis, in which the rules of the Stability and Growth Pact (SGP) were suspended and the European Union (EU) took on significant EU level debt for the purposes of redistributive solidarity, constitute a great leap forward for the EU. They also represent a tacit acknowledgment that the policies put in place in response to the Eurozone crisis, focused on “governing by rules and ruling by numbers”, with punitive conditionality for countries in trouble, were not fit for purpose. The question for today is: Will the EU go back to the status quo ante of the Eurozone, focused on rules-based, numbers-targeting governance, with limited common EU instruments for investment in the future? Or will it instead move beyond the Eurozone and Covid-19 crisis effectively and democratically, toward more sustainable and equitable growth and prosperity for all Europeans?

[CITATION] L’euro, 30 ans après Maastricht et 10 ans après le drame grec

de Politique Etrangère

On 01/02/2023

dans Les auteurs s'expriment

Citation de l'article "L'euro, 30 ans après Maastricht et 10 ans après le drame grec" de Jean-Marc Daniel (p.91) paru dans Politique Étrangère n° 4/2021. "Un peu plus de 30 ans après le sommet de Maastricht, 20 ans après l'introduction de l'euro fiduciaire, 10 après whatever it takes de Mario Draghi et la signature du TSCG, l'euro s'apprête à devenir la devise d'un vingtième pays. [...] Mais les objectifs que s'étaient donnés la France et l'Allemagne [...] semblent lointains, pour ne pas dire oubliés, et les tensions au sein de la zone euro sont de plus en plus palpables."

Lisez l’article intégral de Jean-Marc Daniel ici.

Retrouvez le sommaire du numéro 4/2022 de Politique étrangère ici.

>> S’abonner à Politique étrangère <<

The European Union: Caught between the United States and China

de Politique Etrangère

On 26/01/2023

dans PE in english

This article is the English version of: Hans Dietmar Schweisgut, « L’Union européenne, entre États-Unis et Chine », published in Politique étrangère, Vol. 86, Issue 3, 2021.

Au premier plan, couverture du volume 3/2021 de Politique Étrangère. En fond, drapeau de l'Union Européenne sur un bâtiment.

The European Union (EU) has long aspired to a stronger and more coherent foreign and security policy. With the Lisbon Treaty, it upgraded the position of High Representative for Foreign and Security Policy and created a new diplomatic service, the European External Action Service (EEAS) to help it achieve this objective. Although progress has been made in a number of areas, including in defense cooperation, the EU is still far from having a unified, coherent and effective external policy, while the departure of the United Kingdom has diminished its economic, political and military weight.
However, as the international environment has drastically changed, awareness of the need for Europe to be able to act more autonomously and decisively has risen substantially in recent years. The instability in the EU’s neighborhood has been aggravated by Russia’s aggressive policies, while the challenges resulting from China’s rise became increasingly apparent. At the same time, American unilateralism under President Trump severely undermined confidence in the transatlantic alliance.