This op-ed by Guntram Wolff provides an analysis of Athanasios Orphanides' argument that the eurozone should jettison the deal reached on Greece and abandon the Greek private sector involvement (PSI).

Prime Minister George Papandreou’s call for a referendum on the new European Union bailout deal took almost everyone by surprise. Policymakers are holding emergency meetings,…

This op-ed published in the "Room for debate section" of the NY Times highlights the immediate need of Europe to focus on a long-term strategy in order to restore growth and see through this economic crisis.

In this op-ed, Jean Pisani-Ferry analyzes how the risks of facing fragmentation in the euro area are becoming noticeable. The author points out how a stronger monetary union is necessary to avoid fragmentation and puts forward three possible responses to this state of affairs.

In this working paper, with a unique data set summarising the quality of rules-based fiscal governance in European Union member states, the authors show that stronger fiscal rules in euro-area members reduce sovereign risk premia, in particular in times of market stress.

This is the transcript of the speech Transatlantic relations and globalization in time of crisis? by Portugal's Finance Minister Vitor Gaspar presented at the Bruegel…

This Policy Contribution reproduces the written statement prepared by the author for the hearing "The European debt and financial crisis: origins, options and implications for…

In this op-ed, Nicolas Véron suggests that, for the crisis to be credibly resolved at the European level, any banking policy framework should include components of regulation, supervision, resolution, deposit insurance, and competition policy.

In this op-ed, Jean Pisani-Ferry comments on Larry Summer's article "The world must insist that Europe acts" and remarks how Europe needs to present a strong commitment to do whatever it takes to "quell self-fulfilling debt crises".

In this op-ed, Guntram Wolff comments on Tim Geithner's encouragement to eurozone leaders to collaborate in order to avoid a financial melt-down and his proposal…