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Has the EU Commission found its true north?

Summary by Ips-journal.eu

Former ECB President Jean-Claude Trichet liked to say that the central bank had only one needle in its compass. He meant price stability. Most people agree that a compass with multiple needles is not a good idea, but it doesn’t follow that public policy should be aligned to a single, unwavering goal. Ursula von der Leyen has now unveiled a ‘Competitiveness Compass’. According to the Commission president, ‘the Competitiveness Compass transforms t…

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Has the EU Commission found its true north?

Former ECB President Jean-Claude Trichet liked to say that the central bank had only one needle in its compass. He meant price stability. Most people agree that a compass with multiple needles is not a good idea, but it doesn’t follow that public policy should be aligned to a single, unwavering goal. Ursula von der Leyen has now unveiled a ‘Competitiveness Compass’. According to the Commission president, ‘the Competitiveness Compass transforms t…

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ips-journal.eu broke the news in 16 days ago on Friday, February 7, 2025.

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