Angelo Baglioni and Massimo Bordignon: Sovereign Debt Restructuring: Rules Versus Discretion
Carlo Bastasin and Marcello Messori: A New Stalemate in the Euro Area: Italy's Risky Position
Carlo Bastasin and Marcello Messori: Isolation or Convergence: Italy on its way to the European Council Meeting of June 2018
Carlo Bastasin: People vs finance – How Brussels should deal with Italy’s populist government
Lorenzo Codogno and Giampaolo Galli: Populism and the Broken Engine of the Italian Economy
L'uscita dall'euro non esiste ma l'Italia faccia la sua parte - Andrea Montanino - Il Sole 24 Ore
In reference to the open letter written by eight leading Italian economists on the defense of the euro and of Italy’s membership in the euro zone (published by Il Sole 24 Ore on July 10), Andrea Montanino explains that, although he agrees with its content...
"EU’s future and the sovereign option” by Pier Carlo Padoan
The European economy has been growing at a satisfactory pace and it is close to or about to go back to pre-crisis performance. This is turning attention to the longer term agenda: what is the post crisis Europe going to look like? To address this...
Open Letter by Lorenzo Codogno, Giampaolo Galli, Alfredo Macchiati, Mauro Maré, Stefano Micossi, Pietro Reichlin, Guido Tabellini and Vito Tanzi - published by Il Sole 24 Ore
In this open letter the authors come to the conclusion that the best way to protect businesses, personal savings and the standard of living in Italy is for the government, regardless of its position in the political spectrum, to uphold the European...
Álvaro Leandro, Jeromin Zettelmeyer: Safety Without Tranches: Creating a ‘real’ safe asset for the euro area
There is a recent resurgence of interest in proposals to create ‘safe’ euro-area level debt instruments that would help to break the doom-loop between sovereign risk and bank risk. The leading idea is to create ‘sovereign bond backed securities’ issued in...
Lorenzo Codogno e Giampaolo Galli: Il piano B, l’euro e quelle tensioni con la Ue
Il cosiddetto “contratto” di governo, se attuato, comporterebbe a regime un aumento del disavanzo pubblico nell’ordine di 100 miliardi di euro e sarebbe palesemente in contrasto sia con l’art. 81 della Costituzione italiana sia con le regole dell’Unione...