Comment
21 October 2021
Can EU fiscal rules jump on the green bandwagon?
By and large, setting a new green golden rule would be a useful addition to the existing EU fiscal framework.
Public debt
Showing 17-32 of 98 results
Report
05 October 2021
A world recovery fund to overcome developing countries’ post-covid debt woes?
Proposal to set up a World Recovery Fund (WRF), aimed at addressing some of the key problems with the design of the DSSI and more generally the existi
Podcast
28 September 2021
A green fiscal pact
How can the European Union increase green public investment while consolidating budget deficits?
Policy brief
09 September 2021
A green fiscal pact: climate investment in times of budget consolidation
A fiscal exit strategy must be put in place when the EU is pursuing the major goal of cutting its emissions
Policy brief
08 July 2021
The risks from climate change to sovereign debt in Europe
European Union institutions and national fiscal authorities should incorporate climate risk in debt sustainability analysis.
Event
29 June 2021
EU debt vs national debts: friends or foes?
The EU will become into a major issuer of safe assets in the coming years. How will this interact with the debt issuance of European sovereign debts?
Blog post
29 April 2021
Setting Europe’s economic recovery in motion: a first look at national plans
Plans for spending European Union recovery funds submitted by the four largest EU countries reflect rather different priorities. So far, only Italy is
Event
27 April 2021
Sovereign ratings during crises: is this time different?
Why, despite the increase in public debt levels around the world have sovereign ratings been largely unaffected by the COVID-19 crisis?
Event
01 April 2021
The role of the ECB in stabilizing sovereign debt markets
What are the main lessons of ECB interventions in specific sovereign debt markets?
Blog post
09 December 2020
Thinking big: debt management considerations for the EU’s pandemic borrowing plan
If not handled correctly, the European Union’s transition to take on a new role as an issuer of public debt risks crowding out existing markets. Manag
Blog post
22 April 2020
EU debt as insurance against catastrophic events in the euro area: the key questions and some answers
European Union debt can provide comprehensive insurance against the COVID-19 pandemic and can enable a macroeconomic response, even though EU debt is
Comment
09 April 2020
The perils of more debt
Europe must find the “Ways and Means”.
Policy brief
06 February 2020
From climate change to cyber attacks: Incipient financial-stability risks for the euro area
The European Central Bank’s November 2019 Financial Stability Review highlighted the risks to growth in an environment of global uncertainty. On the w
Blog post
22 January 2020
Incorporating political risks into debt sustainability analysis
DSA applies to crisis countries only, but an early warning system identifying vulnerabilities is relevant for all countries. A more general, less stri
Blog post
08 July 2019
‘Lo spread’: The collateral damage of Italy’s confrontation with the EU
The authors assess whether the European Commission's actions towards Italy since September 2018 have had a visible impact on the spread between Italia
Blog post
11 June 2019
The inverted yield curve
Longer-term yields falling below shorter-term yields have historically preceded recessions. Last week, the US 10-year yield was 21 basis points below