Publications by Lucas Guttenberg

Europe – What separates the North from the South

„Toxic” for the cooperation in the eurozone - this is how Lucas Guttenberg evaluates the growing distrust between Northern and Southern Europe in a radio report for Deutschlandfunk. Since the financial crisis, clichés and mistrust have paralysed cooperation on the urgently needed reform of the eurozone. more

Five reasons why the ESM reform will fail to deliver

In this policy brief, Lucas Guttenberg looks at the planned reform of the European Stability Mechanism (ESM). He argues that while the reform is necessary to finally bring home the backstop for banking union, it clearly falls short of its initial ambition to also substantially improve the Eurozone’s crisis management framework. more

Perspectives on social policy

In a radio interview with WDR 5, Lucas Guttenberg, deputy director of the Jacques Delors Institute Berlin, comments on Emmanuel Macron's call for EU reforms and the response of CDU chairman Annegret Kramp-Karrenbauer. Although Kramp-Karrenbauer and Macron agree on some points, their opinions on a common social policy differ. Macron's proposals regarding the European minimum wage must be considered differentiated, says Guttenberg. more

Proposal: Budgetary instrument for the euro area

By June, the Eurogroup has to come up with a concrete design for budgetary instrument for the euro area - but so far it is absolutely unclear what it should look like. Our policy paper fills this void and makes a concrete and pragmatic proposal that would make the Eurozone function better. more

The CDU votes – what are the consequences for Europe?

What are the consequences of the new CDU presidency for Europe in general and in particular for the currency union? Lucas Guttenberg, deputy director of the Jacques Delors Institute Berlin explains in the run-up to the elections: "When Merz says that Greece should have left the euro in 2015, he calls into question the euro’s character as an irreversible currency union. If that is really his position, then people should start worrying. Merkel always resisted all attempts to drive Greece out of the euro – even from her own finance minister – because she understood that you cannot run a currency union like a fixed exchange-rate regime. Kramp-Karrenbauer seems to be on the same line. Much like his mentor Schäuble, Merz breaks with the position of the chancellor and puts euro exit as a policy instrument back on the table. If Merz wins and Merkel stays on as chancellor and then a question like Greece arises – who calls the shots and who will the party follow?” more