Macroeconomics & the euro
22 January 2016
The global economy has shifted from being the potential saviour of the eurozone economy to an additional source of uncertainty for it.
11 January 2016
The euro has not been a positive economic and political force. But keeping the single currency together could still be less risky than dismantling it.
05 November 2015
The original plans for the euro – conceived 25 years ago – suffered from five major flaws. Only some of these flaws have been fixed.
19 October 2015
Spain is no poster child for austerity and structural reforms. The recovery is less than it appears and the country faces some formidable challenges.
21 October 2015
Speech by Danièle Nouy, chair of the ECB Supervisory Board
26 August 2015
Greece’s debt burden needs to be reduced, but maturity extensions on existing loans are not enough for Greece to return to the markets.
27 July 2015
Britain fears that the eurozone could caucus and impose rules on the EU single market. So David Cameron is asking for safeguards to protect the market.
26 July 2015
The EU should not fret about the power of US internet giants. The take-up of digital technology across the services sector is more important than a 'European Google'.
14 July 2015
The Huffington Post
The new bailout deal signals Greece's capitulation to its creditors, something which has important ramifications for the bailout's success. Even if the deal makes it through the Greek parliament in the coming weeks, the programme's economic incoherence will make it fall apart.
30 April 2015
Eurosceptic claims that EU regulation and the protectionism of other member-states are holding back Britain's economy – and that withdrawal would be a liberation – are nonsense.
08 April 2015
The planned capital markets union in Europe faces many obstacles. Commissioner Hill was right to start with the lower-hanging fruit.
07 April 2015
A British exit from the EU most imperils the UK's poorest regions, and could make the country's regional inequality worse.
21 January 2015
Quantitative easing alone will do little to boost the eurozone economy. The ECB needs to shift expectations and this requires a different approach to monetary policy.