PapersEconomic IntegrationDelors, Schäuble and Europe’s misdiagnosed competitiveness problem

Delors, Schäuble and Europe’s misdiagnosed competitiveness problem

By Center for European Reform

European Commission President Jacques Delors and German finance minister Wolfgang Schäuble left their mark on the European project. Their thinking can still help Europe out of its current geo-economic predicament. At the end of last year, Europe bade farewell to two influential statesmen who left an indelible mark on the European project. Jacques Delors, who served as Commission president from 1985 to 1995, was the mastermind behind the EU’s single market and the introduction of the euro. Wolfgang Schäuble played a pivotal role in shaping German reunification and championed austerity measures during his long tenure as German finance minister in the 2010s.

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Author: Sander Tordoir, Senior economist, Centre for European Reform.

This text has originally been published on the Centre for European Reform website.

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