Working paper
19 February 2019
Greening monetary policy
The author proposes a tilting approach to steer the allocation of the Eurosystem’s assets and collateral towards low-carbon sectors, which would reduc
European monetary union
Showing 33-48 of 86 results
Blog post
20 November 2018
Euro-area sovereign bond holdings: An update on the impact of quantitative easing
Since the European Central Bank’s announcement of its quantitative easing (QE) programme in January 2015, national central banks have been buying gove
Event
06 November 2018
Brussels Briefing Live: A conversation with Nadia Calviño
The Minister of Finance from Spain discusses challenges ahead of the European Council in December
Policy brief
26 September 2018
Excess liquidity and bank lending risks in the euro area
In this Policy Contribution prepared for the European Parliament’s Committee on Economic and Monetary Affairs (ECON) as an input to the Monetary Dialo
Comment
11 September 2018
Should central European EU members join the euro zone?
Eurozone membership (or the use of a fixed exchange rate) was not a factor determining economic success in Central Europe. There were both good and ba
Policy brief
06 September 2018
The economic potential and risks of crypto assets: is a regulatory framework needed?
What is the economic potential and the risks of crypto assets? Regulators and supervisors have taken great interest in these new markets. This Policy
Policy brief
30 August 2018
Should we care about central bank profits?
The authors investigate the ECB’s profit-making activity of the last 20 years, assessing how this was achieved and the reasons why we should care more
Event
02 July 2018
Assessing the EU’s fiscal architecture: a presentation by the European Fiscal Board
This event will discuss the 2019 Fiscal Stance, which assesses the current macroeconomic situation and offers advice for the future.
Event
04 June 2018
News from the South. Proposal to strengthen the European Monetary Union: Combining fiscal discipline with risk sharing
On 4 June Bruegel, as in previous years, will host the presentation of the Euro Yearbook, a collection of experts’ insights on the construction of the
Comment
25 May 2018
Make euro-area sovereign bonds safe again
In their recent Policy Insight, the team of French and German authors suggest introducing sovereign bond-backed securities to play the role of safe as
Blog post
09 May 2018
New EMU stabilisation tool within the MFF will have minimal impact without deeper EU budget reform
The European Commission’s proposal for a new stabilisation instrument inside the EU budget for the countries of the economic and monetary union is dis
Article
09 March 2018
Future of EMU
On 8 March 2018, Guntram B. Wolff discussed the opportunity and options to upgrade the European Monetary Union in his Testimony at the Swedish Parliam
Blog post
09 February 2018
Trust in the EU? The key obstacle to reform
The challenges that Europe faces both from within and from outside require immediate, concerted counter-efforts. While efforts to advance the European
Report
17 January 2018
Reconciling risk sharing with market discipline: A constructive approach to euro area reform
This publication, written by a group of independent French and German economists, proposes six reforms which, if delivered as a package, would improv
Comment
30 December 2017
Opportunities and risks in Europe in 2018
The new year could very well see the positive story of 2017 continue in Europe – but a number of looming policy and political problems cannot be ignor
Blog post
12 December 2017
Latest data shows developing trends in the European Central Bank’s refinancing operations
The stock of liquidity supplied through the ECB’s open market operations has remained relatively stable, though there is a clearer change in the count