Commentary
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Recent commentary
The Letta report: an assessment of the energy proposals
The report has the potential to substantially impact the European Union's strategic agenda from 2024-29
Use the financial system to enforce export controls on Russia
Industrial policy for economic security
Use the financial system to enforce export controls on Russia
Prohibition of Western tech exports to Russia is not working; rapid measures are needed to tighten up
Commentary items
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Opinion piece
23 February 2018
Beyond border control, migrant integration policies must be revived
Border control and burden-sharing of refugees is just one aspect of immigration policies. Greater financial inclusion and the tailoring of regulations
Zsolt Darvas
Opinion piece
20 February 2018
Portugal in a new context of capital flows
The euro area is now the world’s largest exporter of capital. Here we look at the post-crisis transition of one euro-area country – Portugal – from ne
Inês Goncalves Raposo
Opinion piece
08 February 2018
Climate policies risk increasing social inequality
The aggressive political interventions needed to effectively counteract climate change will make the rich richer and the poor poorer, if social concer
Georg Zachmann
Opinion piece
07 February 2018
US tax reform and implications for the German coalition agreement
Major recent reform of US tax laws represents a serious challenge to Germany, highlighting several weaknesses in the country's economy. The formation
Guntram B. Wolff
Opinion piece
31 January 2018
The International Economic Consequences of Mr. Trump
What has fundamentally changed with the Trump administration is not that it behaves more selfishly than its predecessors, but that it seems unconvince
Jean Pisani-Ferry
Opinion piece
30 January 2018
Your job description, Mr. Centeno
Here’s how you run the Eurogroup.
Guntram B. Wolff
Opinion piece
24 January 2018
The clock is ticking: Ukraine’s last chance to prevent Nord Stream 2
Ukraine is running out of time to provide western gas consumers with the necessary trust to abandon the Nord Stream 2 gas pipeline project.
Georg Zachmann
Opinion piece
16 January 2018
It is safer to rely on what we know, rather than speculate on what may happen
"Does the Conventional Wisdom About Productivity Need To Be Reconsidered?" On a recent collection of opinions, Marek Dabrowski was invited to give his
Marek Dabrowski
Opinion piece
05 January 2018
China Fails to Woo U.S. With Financial Sector Opening
China's recent announcement of reforming its financial market has received little enthusiasm from the U.S. despite its potential benefits. The lack of
Alicia García-Herrero
Opinion piece
30 December 2017
Opportunities and risks in Europe in 2018
The new year could very well see the positive story of 2017 continue in Europe – but a number of looming policy and political problems cannot be ignor
Guntram B. Wolff
Opinion piece
20 December 2017
Chinese banks’ improved asset quality cannot hide other phantoms
The recent improvement in asset quality cannot mask other growing concerns in China’s banking sector. Beyond liquidity concerns, other structural issu
Alicia García-Herrero and Gary Ng
Opinion piece
14 December 2017
South Korea needs to watch the BOJ rather than the Fed
Due its actual economic structure, South Korea should be more worried about BOJ's extremely lax stance than about monetary policy normalization by the
Alicia García-Herrero
Opinion piece
05 December 2017
EU should pay member states to get rid of coal
The European Union should act to ensure the continued transformation of its energy system, and encourage member states to overcome their dependence on
Simone Tagliapietra
Opinion piece
04 December 2017
The European Commission should drop its ill-designed idea of a finance minister
Beyond the opposing ideas of Jean-Claude Juncker and Wolfgang Schäuble for future euro-area governance, Guntram Wolff explores how alternatives such a
Guntram B. Wolff
Opinion piece
01 December 2017
Brexit: When the banks leave
More than a tenth of the City’s business is now bound to go, but how much worse could things get?
Nicolas Véron
Opinion piece
29 September 2017
A Jamaican Germany is good for Europe
After a surprising election result, Europe is closely watching German coalition negotiations. A so-called Jamaica coalition of conservatives, liberals
Guntram B. Wolff