Report
04 November 2020
This paper assesses the decentralised implementation of monetary policy by the Eurosystem in terms of its transparency, efficiency and simplicity. Com
Comment
04 November 2020
Deposit insurance, like any insurance scheme, raises moral hazard concerns. Such concerns arising from European deposit insurance can be alleviated th
Report
04 November 2020
This paper introduces a new metric for central banks – and in particular for the Central Bank of Chile – to measure liquidity risk in their banking se
Blog post
28 October 2020
European Central Bank intervention provides a buffer against the uncertainty faced by European Union economies in the face of COVID-19. For the time b
Report
22 September 2020
This paper, written at the request of the Committee on Economic and Monetary Affairs, assesses how the European Parliament holds the European Central
Policy brief
05 June 2020
The euro never challenged the US dollar, and its international status declined with the euro crisis. Faced with a US administration willing to use its
Comment
01 June 2020
The ruling of the German Federal Constitutional Court (GFCC) of May 5 on the ECB’s monetary policy affects not only the relation of Germany to the Eur
Policy brief
28 May 2020
COVID-19 is by far the biggest challenge policymakers in emerging economies have had to deal with in recent history. Beyond the potentially large nega
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
11 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
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
13 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
Report
01 April 2020
In responding to the global financial crisis, the ECB has pushed its monetary policy into unchartered territories . Today, it appears increasingly con
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