Publications

The stimulus package: how much is enough - and what for?

27 November 2008
Hans Martens (Senior Adviser to EPC on energy, public service reform and CHES) and Fabian Zuleeg (Chief Executive and Chief Economist)



The European Commission’s economic recovery plan is a step in the right direction, but this commentary by Fabian Zuleeg and Hans Martens sounds a note of caution. While the package could help ease the pain and make the coming recession shallower and shorter, most of the policy tools for dealing with the crisis remain in Member States’ hands. But the EU can make a difference, crucially by defending the single market and ensuring governments do not lose sight of the need for structural reforms.

The stimulus package: how much is enough - and what for?