Deutschland braucht mehr finanzielle Ressourcen für die Verteidigung – noch vor der Wahl
Artikel in der FAZ, in dem wir argumentieren, dass eine Reform der Schuldenbremse für die Verteidigung sinnvoll und richtig ist....
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Reforming Europe’s Fiscal Architecture
Piece was first published on Internationale Politik Quarterly. The drive to change the EU’s fiscal rules has fizzled out, an agreement before the June 2024 European elections is unlikely. However, Europe cannot ignore it...
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Auf die größere Rolle der EU bei den Ausgaben sollten auch strengere Regeln folgen
Dieser Beitrag erschien zuerst in der Welt am 8.11.2023. Obwohl die Schuldenbekämpfung notwendig ist, müssen die EU-Mitgliedstaaten umfangreiche Kosten stemmen – etwa für die Energiewende. Damit die Europäische Union auc...
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A green fiscal pact: climate investment in times of budget consolidation
Paper prepared for the informal ECOFIN meeting of EU finance ministers and central bank governors in Ljubljana on 10/11 September 2021. Paper is available here...
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The EU’s fiscal stance, its recovery fund, and how they relate to the fiscal rules
Joint EU borrowing to boost the recovery, if not treated as national deficit and debt, will substantially ease rules-based fiscal adjustment needs in southern and eastern Europe, but not in western and northern Europe. B...
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How to make the European Green Deal work (Part One)
The European Green Deal will be a defining feature of Ursula Von der Leyen’s incoming Commission. But will carbon border taxes and single carbon prices be enough to make Europe climate-neutral by 2050? This week, N...
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How does Italy’s budget fit with EU fiscal rules?
In this Director’s Cut of ‘The Sound of Economics’, Guntram Wolff welcomes Bruegel research fellow Grégory Claeys to assess how the new Italian budget proposals measure up against the existing EU fiscal rules. Italy’s ne...
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Macro Fiscal and PFM Issues for the East African Monetary Union
I gave a series of lectures at an IMF/ East Afritac workshop for high level officials interested in the East African Monetary Union drawing on the experience of the European Monetary Union....
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