Opinion pieces
Bruegel fellows often write guest commentary for major media outlets
Recent comments and opinion pieces
What about the EU’s cohesion?
Latest financial supervisory reform diverts China from the path towards a market-based financial system
A smart industrial policy to fast-charge Europe’s electric vehicles revolution
Use the financial system to enforce export controls on Russia
Industrial policy for economic security
Opinion piece
08 May 2015
Digital Single Market: setting the stage
The European Commission's just-released Digital Single Market strategy paper is good news. However, the paper does not spell out how the proposal
Opinion piece
07 May 2015
Why we should not blame the ECB for low returns on German savings
The ECB has lowered its official interest rate several times in the last years and the rate is now at zero. In March of this year, it has in addition
Opinion piece
27 April 2015
The IMF's big Greek mistake
The Greek government's mounting financial woes are leading it to contemplate the previously unthinkable: defaulting on a loan from the International M
Opinion piece
07 April 2015
Pessimistic views of China’s economy are unconvincing
In late 2001, I first used the phrase BRIC to discuss the likely rise of Brazil, Russia, India and China as growing shares of the world economy and ou
Opinion piece
31 March 2015
European banking supervisor should limit banks’ exposure to all eurozone governments, not just Greece
The Single Supervisory Mechanism's decision to impose limits on Greek banks’ holdings of government debt has been criticised for putting und
Opinion piece
18 March 2015
European Monetary Union
Guntram Wollf answers the 11 questions submitted by the Commission president to the member states.
Opinion piece
16 March 2015
Opinion piece
03 March 2015
A new start for Greece
Greece's new government under prime minister Alexis Tsipras – in power for not even two weeks – has had a rollercoaster ride. In the face of crisis, i
Opinion piece
11 February 2015
Obama joins the Greek chorus
US President Barack Obama’s recent call to ease the austerity imposed on Greece is remarkable – and not only for his endorsement of the newly elected
Opinion piece
11 February 2015
Two cheers for the new normal
The conventional wisdom about the state of the world economy goes something like this: Since the start of the 2007-2008 financial crisis, the develope
Opinion piece
02 February 2015
Greece and the euro area need a deal within days, not months
International press informs us that the Greek government believes it has weeks or perhaps months to negotiate a new deal with its creditors. The basic
Opinion piece
26 January 2015
Retaking the Greek Test
For about five years now, Greece has been giving the euro area authorities a test in economics and politics. The test must be retaken until the author
Opinion piece
19 January 2015
Die EZB ist verpflichtet, ihr Mandat zu erfüllen
Die Sorgen über die Auswirkungen und die Effektivität des Programms sind groß. Die EZB muss vorsichtig die Kosten und Risiken – vor allem die Umvertei
Opinion piece
14 January 2015
Sovereign QE and national central banks
Inflation continues to fall. The first outright deflation numbers since 2009 have been recorded and inflation expectations are clearly dis-anchored. I
Opinion piece
23 December 2014
Kohl’s Euro
The great challenge today is to undo the legacy of Kohl’s rhetoric. Breaking up the euro is too costly. Thus the task is to weaken the ties that bind
Opinion piece
23 December 2014
Greece to the Eurozone’s Rescue
With Greece, the mistakes were legion. But a fresh start is now possible. Forgive the troika’s Greek debt. With a primary surplus—fiscal revenues abov