Policy brief
31 May 2023
The rising cost of European Union borrowing and what to do about it
Interest rates on the EU debt have risen substantially since 2022: what are the main drivers and implications and what to do about it?
Policy brief
31 May 2023
Interest rates on the EU debt have risen substantially since 2022: what are the main drivers and implications and what to do about it?
External publication
09 May 2023
Analysis
04 May 2023
The proposed new fiscal rules constitute a major improvement from the current fiscal framework but missed an opportunity to foster green investment.
External publication
04 April 2023
There are concerns that 25 years after the launch of the HIPC debt relief initiative, many low-income countries are facing high debt vulnerabilities.
Event
07 February 2023
Invitation-only roundtable to discuss the EU public sector green bond market
Policy brief
22 December 2022
A sufficient supply of safe assets denominated in euros is critical if the European Union is to achieve a full banking and capital markets union.
Blog post
20 December 2022
Europe’s bond markets are essential infrastructure, just like the power grid.
External publication
07 December 2022
The EU countries’ priorities on climate and environmental spending, as reflected in the allocations of the Recovery and Resilience funds are assessed.
External publication
03 October 2022
Geneva Reports on the World Economy
External publication
30 September 2022
Working paper
29 September 2022
In this paper, we analyse whether green sovereign bonds are systematically priced differently to conventional sovereign bonds in the secondary markets
Blog post
15 September 2022
Abenomics has fallen short in many ways, but Japan has still largely coped with an aging society while maintaining a high level of income equality.
External publication
12 August 2022
This paper compares debt-for-climate swaps to alternative fiscal support instruments.
Blog post
05 July 2022
Debt-to-GDP ratios should continue to fall in euro-area countries despite rising interest rates, post 2023 the situation might vary across countries
Blog post
20 June 2022
The ECB needs a new tool to prevent the current rise in spreads, triggered by monetary policy tightening, from escalating into a new euro-area crisis.
External publication
01 January 2022
This article surveys the literature on sovereign debt sustainability from its origins in the mid-1980s to the present, focusing on four debates.