COVID-19 has caused unprecedented disruption to business. Since the first lockdowns, governments have used credit support programmes as the main instrument to mitigate the liquidity shock businesses have been facing. Hav...
This opinion piece was originally published on El País and the Guardian and Süddeutsche Zeitung Europe was not prepared for the pandemic, but it must now learn lessons and use all its financial and political resources. F...
• The euro became an international currency when it was created two decades ago. However, the euro’s internationalisation peaked as early as 2005 and it was never comparable to the US dollar. Its international status dec...
This opinion piece was originally published in Le Monde and in Il Sole 24 Ore. Illuminated open signs are going out all over Europe, some will not be lit again in our life-time. Many however will reignite, but only thank...
COVID-19 has triggered a severe recession and policymakers in European Union countries are providing generous, largely indiscriminate, support to companies. As the recession gets deeper, a more comprehensive strategy is ...
Our letter to the FT. The COVID-19 pandemic represents an unprecedented challenge for Europe’s healthcare systems, and a major shock for the continent’s economy. After the initial focus on the immediate crisis response m...
CCTV America business correspondent Owen Fairclough is following the IMF and World Bank meetings from the European side. He interviewed Bruegel Think Tank Director Guntram Wolff for insight on the meetings....