Blog post
17 July 2020
Europe has a heavily bank-based financial structure, but bank-based financial structures are associated with higher systemic risk than market-based fi
Comment
15 July 2020
Meeting the fiscal demands of COVID-19 will require the European Union to borrow on capital markets more than ever, and for European pension funds and
Event
29 June 2020
How do COVID-19-caused financial dislocations inform policy responses?
Policy brief
20 May 2020
To keep the euro-area economy afloat, the European Central Bank has put in place a large number of measures since the beginning of the COVID-19 crisis
Comment
14 May 2020
It’s time for the EU to make quick and indispensable progress in forming a capital markets union.
Podcast
14 May 2020
COVID-19 has triggered a severe recession and policymakers in European Union countries are providing generous, largely indiscriminate, support to comp
Blog post
23 April 2020
This oil crisis will be solved only by a pick-up in global oil demand, once lockdowns are lifted and the economy is restarted.
Comment
30 March 2020
While Asian markets are in a sea of red, mainland China, New Zealand, Hong Kong and Taiwan are all defying the gravity.
Comment
17 March 2020
The G7 should set an example of international cooperation and come out with a strong signal of unity and support for the euro-area. Only then will the
Report
16 March 2020
This report presents an overview of the recent trends of capital flows, focused especially on the past year. It provides a detailed analysis at the gl
Comment
10 March 2020
Underlying issues, and not just the coronavirus panic, fed the recent meltdown
Comment
23 January 2020
While the euro is now a leading global currency and the European Central Bank has become a comprehensive banking supervisor, Europe’s markets have bee
Policy brief
18 December 2019
The distortive effects that foreign state-owned or state-supported companies can have on European markets and on the European Union’s economic autonom
Event
11 December 2019
During this event, Thomas Philippon presented his thesis on market concentration and explained the reasons behind the rising corporate market power in
Blog post
30 September 2019
Completing the banking union is the dominant task in the financial services area for the next five years. In the short term, the Commission should aff
Blog post
16 September 2019
The incoming Commission President has put support for SMEs at the centre of her economic programme. A public-private fund investing in initial public