Since the end of 2014, inflation has been at or very close to zero. With very little ability to move the actual interest rate further into negative territory, the ECB has resorted to unconventional measures. The latest o...
Which political strategy should the EU and its biggest two members, France and Germany, pursue if the UK were to leave? This op-ed was originally published in Bruegel, International Business Times, Kathimerini, and Diari...
This op-ed was originally published in Bruegel, Nikkei, Nikkei Asian Review, Manager Magazin, Finance, Sina and Naftemporiki. It will also appear in Gazeta Prawna, Público and Hospodarske Noviny. As the June 23 U.K. ref...
I gave a presentation to the European Parliament’s ECON committee on European deposit insurance. Below is a summary of the main points I made, also published on Bruegel. It is welcome that the European Union and th...
This op-ed was published on Bruegel and in La Repubblica, El Pais, and Naftemporiki, Frankfurter Allgemeine Zeitung, L’Opinion and Dienas Bizness. As countries are struggling to implement the EU-Turkey deal on refugees, ...
This post first appeared in the FT’s beyond brics blog. Brazil’s economy and politics have long been playing with fire. Now the rest of the world risks getting burnt by waiting for the crisis to be addressed domest...