In the midst of continuing heavy discussions on future reforms of the European Monetary Union, the European Commission presented in May its long-awaited proposal for the next EU Budget (MFF) 2021 – 2027. It crucially includes a macroeconomic stabilisation function at the Euro area level. This would address the crucial macroeconomic problem of insufficient aggregate […]
Atanas Pekanov is an economist at the Austrian Institute of Economic Research (WIFO) and a PhD candidate at the Vienna University of Economics and Business. Since January 2018 he is a member of the Council for Social and Economic Development to the President of the Republic of Bulgaria. He previously worked at the European Central Bank.