Blog post
18 March 2020
What should be done to reduce euro-area spreads?
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
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
Blog post
02 March 2020
We compared an analysis of the media with the preliminary findings of a qualitative research project. The results confirm national differences, but hi
Blog post
20 February 2020
The ECB is looking to evaluate whether its definition of price stability is effective in helping anchor inflation expectations. We argue that the curr
Policy brief
06 February 2020
The European Central Bank’s November 2019 Financial Stability Review highlighted the risks to growth in an environment of global uncertainty. On the w
Comment
30 January 2020
The EU urgently needs to conduct joint preparedness exercises and create uniform information and disclosure requirements that help build a true pan-Eu
Blog post
27 January 2020
The Libra Association claims it will be analogous to a currency board regime, but they have overlooked the problems of monetary management that come w
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
Blog post
15 January 2020
If EU banks are to mobilise a greater share of loans for sustainable projects they will need a reliable policy framework, clear internal performance t
Policy brief
02 December 2019
Recent developments have re-opened the debate on the future of money. This Policy Contribution discusses two aspects: the implications of the rise of
Comment
04 November 2019
Her success at helm of Europe’s central bank will depend on her ability to mend fences with hawkish policymakers.
Comment
01 October 2019
Despite confident official pronouncements, the deteriorating state of the global economy is now high on the international policy agenda. The OECD rece
Report
24 September 2019
Since the second half of 2018, signs of a slowdown have been piling up in the euro area. The ECB will face major challenges in this potentially diffic
Event
16 September 2019
What connections exist between central banks and climate change, and what are the resulting implications?