Hollande best-placed to complete EU re-balancing
Whichever candidate wins Sunday’s French presidential vote, Paris has work to do to patch up EU relations; but as a champion for a re-balanced politics of growth around Europe, Francois Hollande would be doing so from a position of strength. […]
That is the view of leading European Union analyst Janis Emmanouilidis, who sees the political debate having changed right across the eurozone and the EU.
“Angela Merkel is also under pressure, and the government in Germany will also look different after 2013,” Emmanouilidis told AFP after a showcase TV debate against President Nicolas Sarkozy that most commentators agreed strengthened Socialist Hollande’s credentials for power.
“Assuming he completes his victory, Hollande will come into his first talks with Chancellor Merkel in a stronger position, leading efforts supported by a number of countries to re-balance the EU ‘recipe’,” the expert underlined.
The ‘ABC’ of fiscal rigor will remain at the core, he said, but an ‘XYZ’ of policies and investment designed to unlock growth must now be grafted on as well. […]
At the heart of this change of direction, experts expect an increase in funding for the European Investment Bank, although more than that will be needed to convince the markets that the pain can also lead to gain.
However, “Merkel is already adapting to a new political landscape -- making different noises, showing she is preparing to accept certain mistakes were made... and accept the need to re-balance the overall policy approach.” […]
For a re-print of the original article see e.g. here.
Latest media contributions
European Populists Who Looked to Trump Now Look Away
Quotes, The New York Times, 13.01.2021
EPC Update – State of the Union & challenges for 2021
Online Briefing, YouTube, 08.01.2021
Alemania al mando del Consejo Europeo: logros y fracasos
Quotes, Deutsche Welle (Spanish), 15.12.2020
Taking Stock of the German EU Council Presidency and Identifying Challenges for 2021
Online DGAP-EPC Event, YouTube, 15.12.2020
Jokes About Hungarian ‘Dictator’ Masked Breach at Heart of EU
Quotes, Bloomberg, 10.12.2020
Europas Erfolge, Europas Enttäuschungen: Das erste Jahr der neuen EU-Spitze
Podcast, hr info, 01.12.2020
"Gesamtnote 2- oder 3+"
Quotes, tagesschau, 01.12.2020
Die Zeit kühner Prognosen ist vorüber
Quotes, Die Presse (Austria), 27.11.2020
EPC Annual Conference 2020 – European integration in light of COVID-19: United in adversity or my country first?
Online Conference, YouTube, 13.11.2020
US election: EU pins hopes on Joe Biden victory
Quotes, Deutsche Welle (English), 01.11.2020