Analysis
11 March 2025
Can Germany afford to take most defence spending out of its debt brake?
Higher German defence spending would be fiscally sustainable, but would require cuts elsewhere and would breach EU fiscal rules
Analysis
11 March 2025
Higher German defence spending would be fiscally sustainable, but would require cuts elsewhere and would breach EU fiscal rules
Event
06 March 2025
In order to tackle the high rates of sovereign debt decisive action is needed. How likely are the needed adjustments and how can we achieve them?
First Glance
30 January 2025
Working paper
21 January 2025
In this paper, we ask whether the level of political risk in a country threatens its debt sustainability
Analysis
16 December 2024
Political risk is not taken into account when assessing whether countries can manage their debts, but it could be and should be
Analysis
23 October 2024
EU debt rules should not be changed to exempt increased defence spending, but some flexibility could be considered
First Glance
20 September 2024
Viktor Orban, by delaying EU aid to Ukraine, may have inadvertently helped make the case for more EU fiscal federalism
Analysis
18 September 2024
European public goods should be the linchpin of a new political and institutional contract
Policy Brief
17 September 2024
In this paper, we propose the creation of an EU funding mechanism to internalise the positive externalities provided by national air-defence systems
Memo
04 September 2024
Memo
04 September 2024
Analysis
27 June 2024
A case can be made for financing European air defence through issuance of EU debt
First Glance
12 June 2024
Three overarching economic policy trade-offs will set the context for the new Commission from the beginning of its mandate
Opinion piece
03 June 2024
First Glance
29 May 2024
European Union borrowing could help fund air defence for the continent, while taking pressure off national defence budgets
Event
08 May 2024
What are the prospects for medium-term global growth, and what role can productivity reforms play in reversing the slowdown?