Discover and read the best of Twitter Threads about #BAM20
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Now listening to @OlafScholz's session at #BAM20 in replay mode. Striking how he explicitly talks the language of fiscal union, even with rhetorical hedges: e.g. "move to a completely new level (...) that moves us closer to a fiscal union." bam.bruegel.org/events-new/key…
Expanding on his vision for fiscal union @OlafScholz at #BAM20 doesn't shy away from the most difficult bit. "The next step is that we understand that we need more own resources (...) there is no room of maneuver for postponing a decision (...) this is the decisive moment."
Sharp contrast between @OlafScholz's emphasis on own resources at #BAM20 and @ThierryBreton's "no taxes for our fellow European citizens" discourse on the day of the deal's announcement.
Increased target in the range of 50-55% [greenhouse gas emission cuts by 2030] is doable, @TimmermansEU tells @Bruegel_org. Proposal due in coming weeks, he refuses to go into more details "for obvious reasons"
Coronavirus has shown that faith in science-based solutions is the way forward. That should bolster climate action efforts, @Timmermans adds
"Before the pandemic we still had a choice" about delaying reforms and making difficult decisions, @TimmermansEU says. "That choice has been taken away from us", stresses the urgency of the climate situation
