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
12 May 2020
The German Constitutional Court's ruling on the ECB's asset purchase programme is open to much criticism but it can hardly be blamed for raising an im
Event
05 May 2020
What does today's ruling of the German Constitutional Court mean for the ECB's Quantitative Easing programmme
Podcast
05 May 2020
The German Constitutional called today on the ECB to justify its bond-buying program. What does today's ruling of the German Constitutional Court mean
Event
28 April 2020
At this online podcast recording, Guntram Wolff and Barry Eichengreen will discuss the impact of the COVID-19 crisis on emerging economies and the cor
Comment
14 April 2020
The extraordinary operations that are under way in most countries in response to the COVID-19 shock have raised fears that large-scale monetisation wi
Event
31 March 2020
Which macroeconomic policy response is the best option to deal with the crisis currently unfolding and will ensure that the recovery will be as quick
Event
31 March 2020
Bruegel is delighted to welcome the governor of the Central Bank of Ireland, Gabriel Makhlouf. He will deliver a keynote address about how adequate th
External publication
27 March 2020
In responding to the global financial crisis, the ECB has pushed its monetary policy into unchartered territories . Today, it appears increasingly con
Blog post
26 March 2020
It is time for the EU Council to make quick progress on the fiscal front and announce something as soon as possible to show that it taken full measure
Event
25 March 2020
At this online event we will record an episode of the Sound of Economics, Bruegel's podcast series. In this episode, we discuss the implications of th
Blog post
25 March 2020
Coronavirus means many European Union countries will soon face major increases in their sovereign debt burdens, exacerbated by the sudden collapse of
Blog post
18 March 2020
Spreads are rising again in the euro-area at the worst possible time, when fiscal policy is needed to fight the coronavirus pandemic and the related e
Blog post
18 March 2020
The implementation of a Derivative Market Programme could reaffirm the ECB’s credibility and strong commitment to price stability.
Comment
18 March 2020
Lagarde needs a different bazooka in responding to a natural disaster like COVID-19.
Comment
16 March 2020
The Outright Monetary Transactions tool is not well suited for Italy right now. Italy needs fiscal support both by itself and by the EU. Italy and the