Blog post
06 December 2017
Our scholars Grégory Claeys, André Sapir, Dirk Schoenmaker, Nicolas Veron and Guntram B. Wolff, explore the next steps needed to create a more functio
Policy brief
01 December 2017
Two diametrically opposed visions of the euro-area architecture have been put forward. Departing from both Juncker’s and Schäuble’s proposals, the aut
Blog post
06 November 2017
The Eurosystem gets a lot of attention from academics and the media, but they largely focus on its statutory objective of maintaining price stability.
Blog post
02 November 2017
8 of the EU27 have not yet joined the Euro, and progress in euro-area enlargement seems to have stalled. Commission President Juncker wants to give ne
Policy brief
26 October 2017
What are the remaining fragilities of the Euro architecture? This policy contribution assesses the institutional reforms put in place during and after
Report
04 October 2017
This paper assesses the decentralised implementation of monetary policy by the Eurosystem in terms of its transparency, efficiency and simplicity. Com
Policy brief
28 September 2017
The sequence of crisis and policy responses after mid-2007 was a gradual recognition of the unsustainability of the euro-area policy framework. The ba
Policy brief
21 September 2017
The depiction of the euro area/European Union (EU) as a ‘fourfold union’ emerged in the first half of 2012 at the height of the euro-area crisis. In t
Blog post
29 June 2017
This week’s European Commission reflection paper is the latest document to ponder a distinction between EU and euro-area budgets. But do we need to sp
Policy brief
08 April 2017
The authors of this Policy Contribution propose five ways in which EU policymakers can contribute to development in North Africa and build partnership
Event
06 April 2017
On 6 April Bruegel, as in previous years, hosted the presentation of the Euro Yearbook, a collection of experts’ insights on the construction of the E
Blog post
29 March 2017
The European Monetary Union (EMU) was founded with the idea that nominal convergence would bring real convergence, but structural differences between
Policy brief
09 September 2016
In this Policy Contribution, Maria Demertzsis and Guntram B. Wolff discuss three progressive steps for strengthening the fiscal framework at the euro-
Podcast
12 August 2016
Many in the EU look to the USA as a model for monetary union in the Eurozone. But how easy was it to create such a union, and what can Europe learn f
Comment
25 May 2016
In this essay, Jeffry Frieden looks at the process of creating a monetary union in the United States and draws lessons for the EU.
Event
25 May 2016
The United States has a monetary union that many look to when considering the future of the EU. But how easy was it really to create such a union and