Chances and Risks of a European Unemployment Benefit Scheme

The Great Recession and the European debt crisis have reignited thedebate about deeper fiscal integration in the Eurozone. Supporters of further integration argue that fiscal risk sharing is necessary to increase the resilience of the European economy against macroeconomic shocks. As early as in 2012, the Four Presidents’ Report noted that fiscal integration might take the form of a common unemployment insurance system. In spring 2017, the European Commission will present a White Paper outlining further steps needed to complete the European Monetary Union.

This Lunch Debate will focus on the potentials of a European Unemployment Benefit Scheme (EUBS) as an instrument for fiscal stabilisation. Is such an integration measure still feasible and desired following the Brexit vote? How should a EUBS be designed in order to preserve incentives at the national level and to avoid permanent transfers?

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Venue

20.10.2016

Chances and Risks of a European Unemployment Benefit Scheme

Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Director of Business and Administration at ZEW Thomas Kohl welcomes Dr Nicole Hoffmeister-Kraut, Minister for Economic Affairs, Labour and Housing for the State of Baden-Württemberg. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
The debate participants and moderator before the debate (l-r): Johannes Jung, Torsten Arnswald, Thomas Kohl, Maithreyi Seetharaman, Nicole Hoffmeister-Kraut, Mathias Dolls, László Andor and Fabien Dell. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Dr. Nicole Hoffmeister-Kraut, Minister of Economic Affairs, Labour and Housing of the State of Baden-Württemberg opening the ZEW Lunch Debate with an introductory speech. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Mathias Dolls, deputy head of the ZEW Research Group “International Distribution and Redistribution” during his presentation. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Audience members listening to the presentations with interest. The ZEW Lunch Debate was attended by around 100 guests from the fields of research, business, NGOs and civil society. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
The panellists engaged in spirited debate over the chances and risks posed by a potential European unemployment benefit. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Maithreyi Seetharaman, an economics journalist and vice-chair of Fortune Magazine’s "Most Powerful Women International", moderated the debate. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
The audience had many questions for the panellists. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Torsten Arnswald, head of the Fiscal Policy Division at the German Federal Ministry of Finance, on the podium. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
László Andor, PhD, former EU Commissioner for Employment, Social Affairs and Inclusion and professor of economic policy at the Corvinus University in Budapest, during the debate. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Fabian Dell, PhD, member of EU Commissioner for Economic and Financial Affairs Pierre Moscovici’s cabinet, explains his point of view. © FKPH
Image opens in enlarged view ZEW Lunch Debate focused on the European Unemployment Benefit Scheme
Questions from the audience. © FKPH
Picture gallery at Flickr

Unit
Board of Directors Press Relations and Editing Inequality and Public Policy
Keywords
Unemployment insurance Europe Economic crisis

People

Dr. Nicole Hoffmeister-Kraut

Dr. Nicole Hoffmeister-Kraut // Minister of Economic Affairs, Labour and Housing of the State of Baden-Württemberg

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László Andor, PhD

László Andor, PhD // Senior Research Fellow at IMK (Hans-Böckler-Stiftung) and Head of Department of Economic Policy at Corvinus University, Budapest

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Torsten Arnswald

Torsten Arnswald // Federal Ministry of Finance, Germany

Fabien Dell, PhD

Fabien Dell, PhD // EU Commission, Cabinet of Commissioner Pierre Moscovici

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Mathias Dolls
Research Associate

Mathias Dolls // ifo Institute – Leibniz Institute for Economic Research at the University of Munich

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Moderation: Maithreyi Seetharaman

Moderation: Maithreyi Seetharaman // economics and business journalist

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