Opinion
This opinion was originally published in Le Monde, El Pais and Die Zeit. Summer in Europe has barely started, yet a blistering heatwave has already hit France this June, earlier than ever since the start of official records. Forest fires are raging in Spain, and Northern Italy is experiencing a record drought that is ruining […]
Policy Contribution
In this Policy Contribution, we compare these two proposals in terms of their treatment under the current EU fiscal rules, and analyse the legal options for their introduction in the EU fiscal framework. We start with a brief review of the rationale for a green golden rule and then discuss legal options.
Opinion
Overall, Biden and Xi seem to be converging on their strategies for global dominance
Policy Contribution
An earlier version of this paper was presented at ‘The MPC at 25’, a conference organised by the United Kingdom’s National Institute of Economic and Social Research, in London, 30 March 2022 The process by which central banks take decisions has evolved over the years, with a tendency towards independence and decisions taken by committees […]
Blog Post
Without Russian gas, the European Union would have to reduce demand by approximately 15%, with big differences between different parts of Europe
Opinion
Tackling inflation requires both monetary and fiscal policy tightening. It should be done quickly to avoid building up inflationary inertia and stagflation
Past Event
How could shifting the tax burden from labour to pollution and resources help the EU reach its climate goals?
Blog Post
The EU needs to address through blending of public and private funds the lack of private climate finance being channelled to low- and middle-income countries
Podcast
How has the COVID-19 Pandemic reshaped the scope and ambition of China's Belt and Road Initiative?
Blog Post
Debt-to-GDP ratios should continue to fall in euro-area countries despite rising interest rates, though after 2023 the situation might vary across countries.
Past Event
How can the public sector meet the climate funding needs of the EU?
Opinion
As the process of digitalisation makes ideas around decentralised finance more relevant, there will be an increasing need for monitoring and supervision.