Opinion pieces
Bruegel fellows often write guest commentary for major media outlets
Recent comments and opinion pieces
De-dollarisation is all about de-risking
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
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
Opinion piece
17 December 2014
Has a stronger renminbi contributed to financial tightening?
The People’s Bank of China (PBC), the Chinese central bank, finally cut its benchmark interest rates on 21 November, after easing its policy in a shad
Opinion piece
04 December 2014
Emerging markets mock the pessimists
Remember this time last year, when it was fashionable to predict that 2014 would be a pretty bad year for emerging markets? Didn't really happen
Opinion piece
25 November 2014
France and Germany: a moment of truth
France and Germany, which together account for half of euro-area GDP, are rightly considered the key to the euro area’s exit from the current impasse
Opinion piece
25 November 2014
“Unanimous” is the new black
As it was largely anticipated, no new measures were announced Thursday at the ECB meeting. But sometimes words can be as important as facts.
Opinion piece
25 November 2014
Lessons from the Bank of Japan for the euro area
It was feared that after the consumption tax hike, the inflation expectations would be dampened too much and the Bank of Japan would miss its target.
Opinion piece
02 November 2014
Pulling the eurozone back from the brink
In the coming months, the ECJ will assess the German Constitutional Court’s ruling that the European Central Bank’s “outright monetary trans
Opinion piece
02 November 2014
Europe has wasted a good crisis
The folklore has been that European integration proceeds by “falling forward.” In a crisis, when Europe stumbles, it gets up to move forward. A setbac
Opinion piece
31 October 2014
Held og lykke, Commissioner Vestager
Tomorrow, new European Commissioner Margrethe Vestager will take control of the Commission’s most powerful tool: the enforcement of European Union com
Opinion piece
29 October 2014
Making Argentina's Debt Debacle a Rarity
The epic battle between Argentina and a group of U.S. hedge funds illustrates a fundamental flaw in the sovereign bond market: There's no orderly, wel
Opinion piece
29 October 2014
Crowdfunding: Broadening Europe’s capital markets
The rising financing gap for SMEs as well as high growth firms is a serious concern for Europe battered by financial fragility. These firms, particula
Opinion piece
25 October 2014
The global economy’s Groundhog Day
Policymakers remain convinced that the economic-growth model that prevailed during the pre-crisis years is still their best guide, at least in the nea
Opinion piece
24 October 2014
Europe's fiscal wormhole
The fulfillment of policy rules appears to be impossible without growth, but growth appears to be impossible without breaking the rules.
Opinion piece
16 October 2014
China gingerly taking the capital account liberalisation path
Since China is the number one trading nation, the second largest economy and a large net creditor, the world has a huge stake in how China manages its
Opinion piece
15 October 2014
In defense of OMT ahead of Karlsruhe
Next week, the German constitutional court will debate and consider the legality of the European Stability Mechanism (ESM) and the ECB’s Outright Mone
Opinion piece
15 October 2014
The German Court does Europe a favour
The German Constitutional Court has been widely criticized for questioning the legality of the European Central Bank’s OMT program. To supporters