The Sound of Economics

Europe's economic future

May 29, 2024
Debate featuring EU political party representatives discussing economic issues, EU budget, growth, and single market. Podcast explores party views, potential outcomes of elections, and future EU economic policies. Focus on coalition dynamics, policy proposals, and voting considerations in upcoming European elections.
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INSIGHT

Pragmatic EU Consensus On China

  • Major EU parties largely agree on a pragmatic China stance focused on economic relations rather than taking sides in a US-China conflict.
  • This cross-party pragmatism raises the chances that coordinated measures on China will become actionable policy.
INSIGHT

Von der Leyen's Defence and Competitiveness Agenda

  • Ursula von der Leyen pitched bigger EU defence roles, potential joint air-defence funding, and pro-competitiveness moves like fostering 'European champions'.
  • Renew and S&D broadly signalled willingness to join those initiatives, reducing political friction for such policies.
INSIGHT

Budget Is The Real Battleground

  • The main disagreement among mainstream candidates was how to finance expanded EU ambitions, not the ambitions themselves.
  • That fiscal split makes the role of national capitals decisive in shaping post-election policy outcomes.
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