External Publication
EU borrowing—time to think of the generation after next
Financing post-pandemic recovery via EU borrowing has proved remarkably straightforward. So why keep it temporary?
External Publication
Financing post-pandemic recovery via EU borrowing has proved remarkably straightforward. So why keep it temporary?
Blog Post
Disappointment at the lack of fresh cash from European Union global connectivity strategy is short-sighted: Europe supports global development more than any other country in the world. Using existing funds more strategically is the right priority for now.
Parliamentary Testimony
Testimony given to a Tweede Kamer der Staten-Generaal roundtable discussion on the future of the stability and growth pact.
Policy Contribution
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.
Opinion
By and large, setting a new green golden rule would be a useful addition to the existing EU fiscal framework.
External Publication
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 existing international financial architecture for dealing with debt problems in the developing world.
Podcast
How can the European Union increase green public investment while consolidating budget deficits?
Policy Contribution
Increasing green public investment while consolidating deficits will be a central challenge of this decade. A green fiscal pact would address this tension, but difficult trade-offs remain.
Policy Contribution
European Union institutions and national fiscal authorities should incorporate climate risk in debt sustainability analysis.
Past Event
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
Plans for spending European Union recovery funds submitted by the four largest EU countries reflect rather different priorities. So far, only Italy is interested in borrowing from the EU.
Past Event
Why, despite the increase in public debt levels around the world have sovereign ratings been largely unaffected by the COVID-19 crisis?
