Wednesday, 9 February 2022
Hello Future is blue readers,
You may remember that in our previous newsletter we covered the key trends and threats that policymakers around the world would need to face in 2022. This time we are zooming in a bit to anticipate what will dominate the EU economic agenda over the next few months.
Our new podcast is out featuring Jean Pisani-Ferry, Tommaso Padoa Shioppa chair of the European University Institute and Senior Fellow at Bruegel think tank, Raymond Torres, Funcas Europe Director, and presented by Carlos Carnicero Urabayen. More info below.
See at the end, as usual, what we are reading these days.
New podcast available!
Will 2022 be the year where Europe consolidates its post pandemic recovery? Are Next Generation programs robust enough to keep the recovery momentum? How concerning is inflation? Have we learnt to live with Covid from an economic point of view?
Over the next months, the EU economies will need to deal with issues such as inflation and supply chain disruptions, while making sure the deployment of €800 billion recovery funds is a success. EU funded projects should be executed wisely triggering the digital and green transitions that European economies badly need to achieve post-Covid resiliency.
Don't miss our new podcast about the most important economic challenges facing the EU in 2022.
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What we are reading
The puzzle of European Union recovery plan assessments
Identical European Commission assessments that EU countries’ recovery plan cost justifications are ‘medium-quality’ undermine trust in the assessments and raise questions about whether recovery money will be well spent, argues this Bruegel article.
When the chips are down: How the semiconductor industry is dealing with a worldwide shortage
Semiconductor chip shortages have been aggravated by the pandemic and despite increases in production the shortfall won´t be solved immediately.
Why big business may learn to love EU competition policy?
Big multinationals sometimes criticise the EU’s competition policy, which is more aggressive than America’s. But in the long term, Brussels’ approach could prove more balanced and predictable than Washington’s.
How could sanctions against Russia hit European economies?
Europe’s energy, trade, manufacturing, banking and markets may be affected if Moscow invades Ukraine.
Have a nice week.
Funcas Europe Director