Europe: Facts & Docs
Stefano Micossi: The Eurozone - A Monetary Union Without A Capital Market
Sergio De Nardis: The Unbalanced Monetary Union
Carlo Bastasin and Marcello Messori: AND IF JUNCKER WAS ITALY'S BEST ALLY?
Stefano Micossi, Alexandra D’Onofrio and Fabrizia Peirce: On German External Imbalances
Guido Tabellini: POPULISMO E CRISI DELLA SOCIAL DEMOCRAZIA
P. Canofari, G. Di Bartolomeo and M. Messori: Sovereign Debt Crisis, Fiscal Consolidation And Quantitative Easing In A Monetary Union
Marco Committeri and Pietro Tommasino: Managing sovereign debt restructurings in the euro zone. A note on old and current debates
Lorenzo Bini Smaghi and Michala Marcussen: Strengthening the euro area Architecture A proposal for Purple bonds
The Hour Of Compromise Strikes Between Rome And Brussels – Massimo Bordignon – Lavoce.info
The Italian government and the European Commission seem to be coming to an agreement to avoid infringement proceedings for Italy. However, it is likely that talks will resume in the spring. Various reasons motivated the protagonists to make a compromise....
Hurting Your Own Country – Pier Carlo Padoan – Il Foglio
The article examines how the political crises of Italy, France and the UK, countries that are now experiencing a high level of uncertainty, were self-inflicted by the governments themselves. It is also true, however, that Europe bears a significant amount...
The Connection That Now Should Be Defended – Maurizio Ferrera – Corriere della Sera
If it really happens (and now it seems that it cannot be avoided), Brexit will have serious consequences for all European economies. For the UK economy the effects will be devastating. English banks and businesses are dismayed and the unions are extremely...
The Differences That Conte And Juncker Must Eliminate – Carlo Bastasin – Il Sole 24 Ore
After months of conflict, the dialogue on budgetary policy between Rome and Brussels has finally begun. However, for now it seems that the Italian government has only changed its tone. Hopefully, today’s meeting between Italian Prime Minister Giuseppe...
The Case For A Central Fiscal Capacity In EMU
The debate continues over the needed ingredients for a stable Economic and Monetary Union. Some authors have argued that the completion of a financial union (banking union and capital markets union) together with sound national fiscal policies eliminate...
The Yellow Vests Are The Product Of Macron – Francesco Saraceno – Il Fatto Quotidiano
The article analyzes the partially successful Yellow Vest revolt and the overall reaction to President Emmanuel Macron’s economic reforms, which have not been met with enthusiasm at various levels of French society. Click here to read the article in...
A Negotiation Worth Eight Billion – Marcello Messori – La Repubblica
The stagnation in consumption, the fall of private investments in the third quarter of this year, the negative industrial figures in the beginning of autumn and the difficulty in selling Italian state bonds are the fruit of the political-institutional...
The EU’s Unheard Voice – Gianni Toniolo – Il Sole 24 Ore
The article sheds light on the EU’s weak international position, which was highlighted during the recent G20 Summit in Buenos Aires. When the countries of the Old World act alone, no matter how strong they are, they are all but marginalized...
Here Is The “Welfare Capitalism” – Maurizio Ferrera – Corriere della Sera
Not only rules and limits, as sovereignist leaders tend to think. The European Union is pushing for market and bank integration with social objectives. There is the InvestEU fund for employment and a discussion in under way on support programs for...