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Michael Heise
Euro 2022
The European Monetary Union in 2022
Allianz, 2012
What's inside?
To ensure its growth and stability, the European Union needs to align its short-term policies with its long-term goals.
Recommendation
Economist Michael Heise offers a seven-point plan to prevent yet more crises in Europe and to deliver a stronger European bloc. He proposes greater fiscal integration and powers to intervene in budgets, as well as the tools to kick rule-breakers out of the club. Although the skeptical European electorate might be unlikely to approve of Heise’s proposals for a radical overhaul of the European Union (EU), getAbstract nevertheless recommends this paper as an essential primer for understanding the critical challenges facing the EU.
Summary
About the Author
Michael Heise is chief economist at Allianz SE. He is responsible for analysis and forecasts of the international economy and financial markets.
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