Manage episode 279732346 series 2782824
Professor Vivien Schmidt, Jean Monnet Chair of European Integration at Boston University exchanges with Dr. David Rinaldi, FEPS Director of Studies & Policy on the comparison between the financial crisis and the current health crisis. Particularly, they reflect on the democratic process of EU decision-making and its legitimacy, with some insights from the latest book by Prof. Schmidt on "Europe's crisis of Legitimacy - Governing by Rules and Ruling by Numbers in the Eurozone". She stresses that the EU appears to have learned the lesson and is no longer responding more rapidly but also with higher legitimacy, though she suggests that there's still much to improve on the 'input legitimacy' for this recovery. A Grand Monetary Dialogue and a participatory process for the European Semester, both involving civil society and social partners, are needed if Europe wants to secure legitimacy of its actions.