This policy brief argues that the euro area's shortcomings have become abundantly clear. It was set up without powers of strict surveillance over macroeconomic imbalances,…

In this working paper the authors assess how a strong role for the European Parliament within the framework of the European Semester can increase the effectiveness of EU economic governance.

The European Semester is a new institutional process that provides Member States with ex-ante guidance on fiscal and structural objectives. The Semester’s goals are ambitious…

A book chapter by Benedicta Marzinotto has been published on Europe Today. Click here to view a description of the book. The author's research describes…

At the extraordinary EU Council of 21 July European leaders have to accomplish a triple-mission. First, they should pave the way to restoring solvency in…

As in the two previous editions of Think Global – Act European (TGAE), directed by Elvire Fabry, Senior Research Fellow at Notre Europe, this report…

Significant volumes of Structural and Cohesion Funds have been pre-allocated but remain undisbursed or uncommitted. In Portugal, unused funds amount to 9.3 percent of GDP,…

In this paper, Benedicta Marzinotto and Jörg Rocholl focus on the tightening of credit conditions for banking rules (Basel III), particularly the estimated macroeconomic costs…

The crisis has awakened attention towards broader macroeconomic imbalances in EMU, and in particular private debts and divergences in price and cost competitiveness. We believe…

The crisis in Greece presents an extraordinary test for the euro, but also an opportunity to strengthen, and apply more diligently, existing procedures governing the…