The economic profiles of southern Mediterranean countries (SMCs) bear some resemblance to those of south-eastern European countries and some former Soviet republics at the beginning…
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Eastern European lessons for the southern Mediterranean
14th July 2011
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Debt restructuring in the euro area: A necessary but manageable evil?
21st June 2011
There are two possible responses to the Greek debt crisis: ‘Plan A’, continued official lending, for as long as needed, with possible voluntary private sector…
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Europe's clean technology investment challenge
8th June 2011
Development and deployment of clean-energy technologies is crucial if climate targets are to be met cost-effectively. The European Union already has a plan that deals…
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The Euro area's macroeconomic balancing act
18th May 2011
The European Systemic Risk Board (ESRB) and the proposed prevention and correction of macroeconomic imbalances regulation (EIP) are designed to avoid imbalances. However, these instruments…
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Suggestions for reforming the governance of global accounting standards
12th May 2011
Public authorities overseeing the International Financial Reporting Standards (IFRS) Foundation, through the Monitoring Board in place sinceearly 2009, should encourage the Foundation to make itself…
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Reform of the international monetary system: Some concrete steps
28th March 2011
Reform of the international monetary system is under discussion after three decades of apathy. Tectonic shifts in the balance of international power have made reform…
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Eurobonds: The blue bond concept and its implications
21st March 2011
The Blue Bond proposal, published in May 2010 (Bruegel Policy Brief 2010/03) suggests that sovereign debt in euro-area countries be split into two parts. The…
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A European fund for economic revival in crisis countries
9th February 2011
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,…
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The threat of 'currency wars': a European perspective
13th December 2010
This Policy Contribution was prepared as a briefing paper for the European Parliament Economic and Monetary Affairs Committee's Monetary Dialogue, entitled The threat of currency…
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EU financial regulatory reform: a status report
9th December 2010
In this paper, Nicolas Véron argues that the EU regulatory response to the crisis has been generally slower in the EU than in the United…
