Euro area

The Troika and financial assistance in the euro area: successes and failures

This study was presented to the ECON committee of the European Parliament.It provides a systematic evaluation of financial assistance for Greece, Irel

Non-public testimony on the Troika's working and the effectiveness of financial assistance programs in the euro area.

The mismatch between euro-area and country-specific recommendations

The euro area's tightrope walk: debt and competitiveness in Italy and Spain

Competitiveness adjustment in struggling southern euro-area members requires persistently lower inflation than in major trading partners, but low

Eurozone adjustment - economic growth & fiscal sustainability

The creation of euro area financial safety nets

This paper provides an overview of the recent financial stability mechanisms and their various shortcomings and tries to brush the outline of a more

Europe must offer Greece a post-election prospect

The euro might survive. But a cooperative Greek government, a real European programme to support Greek economic growth and a resolution of the Greek p

Decisive action needed to save Greece - and the euro

Europe must intervene to get Greece growing

EU holds crisis talks over Greece

Fiscal federalism in crisis: lessons for Europe from the US

Drawing comparisons between the fiscal architecture and situation in the US and the European Union, Bruegel Research Fellow Zsolt Darvas answers three