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?
Public debt
Showing 33-48 of 109 results
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
Opinion piece
10 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
Blog post
06 February 2019
Whose (fiscal) debt is it anyway?
The authors map how much fiscal debt is in the hands of domestic and foreign holders in the euro area. While the market for debt was much more interna
Blog post
21 January 2019
Is public debt a cheap lunch?
The fiscal and welfare costs of public debt, following Olivier Blanchard's presidential lecture at the American Economic Association, in which he sugg
Blog post
06 November 2018
The consequences of Italy’s increasing dependence on domestic debt-holders
Bruegel’s updated data set of sovereign bond holdings illustrates how a rising share of Italian debt is held by domestic investors – a development wi
Policy brief
24 October 2018
European fiscal rules require a major overhaul
In this Policy Contribution prepared for the French Conseil d’Analyse Économique, the authors assess current European fiscal rules and propose a major
Podcast
28 September 2018
Director’s Cut: The Italian government budget proposal for 2019
Guntram Wolff welcomes Bruegel affiliate fellow Silvia Merler to evaluate the Italian government’s planned budget for 2019, in this Director’s Cut of