Blog Post
The European Union should take significant economic measures in response to the war in Ukraine, but a new Next Generation EU is not needed yet.
Past Event
ECB Executive Board Member Philip Lane discusses the outlook for Euro area economies.
Policy Contribution
What is the current state of pensions policy in Europe and how are independent workers treated compared with their traditionally employed counterparts?
Opinion
The EU’s ambitious emissions reduction targets will require a major increase in green investments. This column considers options for increasing public green investment when major consolidations are needed after the fiscal support provided during the pandemic. The authors make the case for a green golden rule allowing green investment to be funded by deficits that would not count in the fiscal rules. Concerns about ‘greenwashing’ could be addressed through a narrow definition of green investments and strong institutional scrutiny, while countries with debt sustainability concerns could initially rely only on NGEU for their green investment.
External Publication
An annual review of the euro published jointly by Fundación ICO and Fundación de Estudios Financieros to expand knowledge, raise awareness of the single currency, and suggest ideas and proposals for strengthening its acceptance and sustainability.
Past Event
Presentation of the Yearbook of the Euro 2022.
Blog Post
Identical European Commission assessments that EU countries’ recovery plan cost justifications are ‘medium-quality’ undermine trust in the assessments and raise questions about whether recovery money will be well spent.
Blog Post
The lowest income households are suffering disproportionally from the current inflation increase, with rising energy prices the main culprit.
Opinion
A well-functioning euro reflects a degree of unity that allows the EU to credibly claim a position at the global table and therefore help shape the policies that will deal with global problems. That is a decisive success.
Podcast
What are the economic priorities for the new year?
Opinion
The euro’s advocates hoped that the single currency would deliver economic and financial integration, policy convergence, political amalgamation, and global influence. While these predictions were often wide of the mark, the euro has arguably proven to be a wise investment.
Blog Post
Discussions on the fiscal framework should aim to correct its procyclical nature with a view to promoting more cooperative outcomes.