The Great Moderation was a period of prosperity. Isabel Schnabel argues that it is up to central banks whether today’s challenges will lead to the Great Volatility
Monetary policy and the Great Volatility Read More »
COVID-19 has led to EU governments borrowing at unprecedented levels. Mehmet Burak Turgut discusses the effects of the pandemic as well as relevant policy priorities
Public finances in the European Union Read More »
Klaas Lenaerts, Simone Tagliapietra and Guntram Wolff explore whether decarbonisation and economic growth are compatible to reach net zero by 2050
Can climate change be tackled without ditching economic growth? Read More »
Rebecca Christie considers special-purpose acquisition vehicles, and believes they could fill a gap in European equity markets and lure risk-averse investors off the sidelines
SPACs filling the gap in European equity markets Read More »
The European fiscal rules have been temporarily suspended since March 2020 to enable member states to take emergency measures against the COVID crisis. Martin et al argue this should be taken as an opportunity for an ambitious reform of a now clearly outdated fiscal framework
A new template for the European fiscal framework Read More »
Philipp Hartmann and Glenn Schepens provide selected takeaways from the ECB’s online Sintra Forum, including whether globalisation is reversing and the role of fiscal policy for the post-COVID recovery
Central banks in a shifting world Read More »
Christine Lagarde considers the European Union’s transition towards a sustainable economy that will be backed by the growth of sustainable finance
Towards a green capital markets union for Europe Read More »
The EU has announced reaching carbon neutrality by 2050 as the key target of its Green Deal strategy. Christoph Schmidt et al. argue that the EU should consider a border carbon adjustment mechanism only incentivise other countries to join
Pricing of carbon within and at the border of Europe Read More »
Mehmet Burak Turgut is optimistic about CEE growth in 2021 following the successful development of COVID vaccines Will 2021 in CEECs look better than 2020?
Will 2021 in CEECs look better than 2020? Read More »
The phase of greatest Brexit-related uncertainty for the European financial sector ended on 1 January. Nicolas Véron believes it is increasingly apparent that London will be less dominant than before
The Brexit dust begins to settle Read More »
