The recent Eurogroup agreement on euro-area reform foresees a greater role for the European Stability Mechanism (ESM) as a backstop to the banking union. This is a welcome step forward but important issues remain. We ass...
Versions of this article were published in Politico, Nikkei Veritas, Caixin, Caixin(English) and Die Zeit. Global trade tensions have steadily increased since President Donald Trump took office at the beginning of 2017. ...
This opinion piece was published in La Republicca. As the Italian government is contemplating its budgetary policy, it is useful to look at other countries’ experiences in how to deal with high debt levels. A salient exa...
The Turkish lira has been under significant pressure in recent weeks; in this blog post, the authors discuss the EU’s exposure to possible crisis in Turkey and how the EU should react. This was first published with Brueg...
This opinion piece was published in various newspapers across Europe (FAZ, Le Figaro, Le Soir, Corriere dela Serra, the Times, NRC, Il Mundo). The authors are not responsible for the titles chosen by those newspapers. Al...
The UK paper should be seriously considered. While it breaks a number of European red-lines, it is also an attempt to solve some issues. The question is whether the EU will be ready to seriously negotiate. Geo-strategic ...
This opinion piece was published in Corriere Della Sera and Bruegel. The coalition agreement signed in May between the Five Star Movement (M5S) and the League foresees new large spending items – most notably the flat tax...
Der deutsche Kapitalstock schrumpft. Das liegt zum einen an sinkenden Investitionen von Unternehmen. Eine Reform der Unternehmensteuer könnte helfen. This opinion piece was published in Handelsblatt. Deutschland benötigt...
This was first published by Die Zeit. Acht Jahre nach Beginn des ersten Hilfsprogramms für Griechenland ist es soweit – Griechenland soll wieder auf eigenen Füßen stehen. Die Eurogruppe soll heute das Ende des dri...