Small banks face multiple challenges. What structural changes are needed to tackle these pressures?
Testimony given to a Tweede Kamer der Staten-Generaal roundtable discussion on the future of the stability and growth pact.
What is the role of promotional banks in financing the green transition?
After COP26, and as the debate on whether Glasgow represents a success or a failure dies down, what next for global climate action?
Testimony before the Economic Affairs Committee of the French Senate.
The Next Generation EU programme is radically changing the way the EU finances itself and interacts with financial markets. This paper assesses the first design decisions made by the European Commission and the issuances that have taken place so far. It also outlines the potential risks and opportunities linked to this upgrading of the EU borrowing.
While deeply disappointing that the surprise deal maintains aluminium and steel tariffs against the EU beyond a modest quota, it alleviates a major irritant in transatlantic relations and contains interesting and innovative features relating to climate policy and to dispute settlement under WTO rules.
A conversation with Member of the European Parliament Bernd Lange on the European Union’s trade policy.
By and large, setting a new green golden rule would be a useful addition to the existing EU fiscal framework.
In-depth analysis prepared for the European Parliament's Committee on Economic and Monetary Affairs (ECON).
The pandemic has increased the net lending position of the German corporate sector. By incentivising private investment, policymakers could trigger a virtuous cycle of increasing wages, decreasing corporate net lending, which would eventually lead to a reduction of the economy-wide current account surplus.
Investors need more trustworthy sustainability data. Regulators should leave space for better products to emerge, while remaining alert to well-known patterns of misconduct in capital markets.