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BackIn the run-up to the EU elections, there are many political decisions to be made, not least on economic governance. Europe is once again at a crossroads. Will the EU fall back into austerity policies? Or will it finally succeed in driving forward a prosperity-orientated social and economic policy? In this context, comprehensive investment is essential. While the enormous need for investment to tackle the climate crisis is often quite rightly highlighted, social investment has often been overlooked.
However, if the green transition is to succeed, climate investments must be complemented by social investments. Ultimately, investments should aim at green as well as at social sustainability. Moreover, without social investment, there will be no progressive and feminist Europe. We must also ask ourselves the question: What is the "true" price of social investment? Isn't it ultimately more expensive, both socially and economically, not to make the necessary investments?
Adi Buxbaum
Contact by emailJudith Vorbach (Brussels office)
Contact by email