S4 Ep8: What the German coalition agreement means for Europe

The final document on the German coalition agreement will have
significant consequences for the European Union and the Eurozone.
Bruegel director Guntram Wolff gives his assessment of the
agreement's key features in this episode of 'The Sound of
Economics'


The negotiations to form the next German government have been a
significant factor in European affairs for months now. With an
agreement finally struck, this episode of 'The Sound of
Economics' sees Bruegel director Guntram Wolff analyse the
document of the agreement and what it means for the EU.


In short, there is a lot of continuity: the Bundestag remains in
charge of the European Stability Mechanism, and the EU's fiscal
rules are praised; there will be money for the EU budget, too.
More significant is the will to move towards a common tax base
and minimum tax rate for corporate taxation. Overall, this is not
a breakthrough for Europe.


Further reading:


What has driven the votes for Germany’s right-wing Alternative
für Deutschland? - by Alexander Roth and Guntram B. Wolff


SPEAKER:


Guntram B. Wolff, Director, Bruegel.


PRODUCTION:


Sean Gibson & Giuseppe Porcaro