This workshop was co-organised by CEPR, ESM, Pierre Werner Chair (RSCAS, EUI) and the University of Luxembourg and took place over two days on Wednesday 1 and Thursday 2 December 2021 in Luxembourg and online as a hybrid event.

The fiscal response to the pandemic has been unprecedented, both at the national and European level, with Next Generation EU being a welcome path-breaking coordinated EU response to the Covid-19 crisis. NGEU is a temporary programme with long-term commitments (debts and reforms) addressing challenges which will not disappear with Covid, while the list of post-Covid challenges is longer: a still fractioned single market, growth in an ageing society, inequality across and within EU countries, global political instability, etc. NGEU will shape the European institutional setting in the longer-term, which raises the question: how it should be to efficiently address all these challenges?

The CEPR Research Policy Network on European Economic Architecture, started in September 2018 with a three-year horizon. It has been actively contributing since the start and through the crisis to the discussion and also shaped the idea of a recovery fund. Three years later is a good time to take stoke and reassess – together with other leading researchers and professionals from academia and fiscal and monetary institutions – the after-Covid-19-crisis EU, and euro area, fiscal and monetary policy and institutional framework.

Organising Committee

  • Jan Pieter Krahnen (SAFE, Goethe University Frankfurt and CEPR)
  • Ramon Marimon (European University Institute, UPF – BSE and CEPR)
  • Philippe Martin (Sciences Po, French Council of Economic Analysis and CEPR)
  • Jean Pisani-Ferry (EUI, Bruegel, Peterson Institute and CEPR)
  • Rolf Strauch (European Stability Mechanism)
  • Beatrice Weder Di Mauro (Graduate Institute Geneva, INSEAD Singapore and CEPR)