Europe: Facts & Docs
P. C. Padoan: Public Debt Reduction in Uncertain Times – With a View to Europe
S. Micossi: A new drive for the Capital Markets Union
M. Messori: The potentials and the dangers of the Italian economy in a renewed euro area
A. Franconi - Mini-Bot: Ingenuity or Ignorance
M. Buti, M. Krobath: Should the eurozone be less intergovernmental?
Italy-Europe, the opportunity and the false hopes – Riccardo Perissich – InPiù
The article comments on the dynamics conditioning the creation of the upcoming Italian Budget Law, which will have to take into consideration the fact that many in Brussels think the EU has been too soft on Italy. Click here to read the article in Italian.
European fiscal rules: a proposal for a reform – Massimo Bordignon – Lavoce
The European Fiscal Board is proposing a radical revision of the EU fiscal rules. It is not a green light for the indiscriminate growth of public expenditure. However, it is an effort to rationalize and improve the quality of fiscal policy in Europe....
Investment and reforms are more important than flexibility – Marcello Messori – FirstOnline
Professor Messori outlines the steps that the new government coalition should take in order to strengthen the effective growth of the Italian economy and in particular, the measures that must be provided for in the 2020 Budget Law. Click here to read the...
EU’s banking misfortunes share a common thread - Ignazio Angeloni - Financial Times
What do a giant German lender with global ambitions and a small Mediterranean retailer overloaded with costs and rotten loans have in common? Nothing, except for one thing: they are both problems that European Central Bank supervisors seem unable to solve...
Interview with Francesco Saraceno – Class CNBC Linea Mercati
Professor Saraceno sheds light on the new government’s political program, especially its approach to taxation and the measures that intend to boost Italy’s industrial and entrepreneurial activity. Click here to watch the interview in Italian.
The ECB’s Deflation Obsession - Daniel Gros - Project Syndicate
It is hard to understand why the European Central Bank is currently so anxious to find new ways to make its policy stance even more expansionary. Its hyper-vigilance about falling prices is misplaced, and its ability to increase the rate of inflation is...
It’s all uphill for the super digital currency – Pietro Reichlin – Il Sole 24 Ore
The author examines the effects of the possible introduction of the digital currency on monetary policy, on financial stability and on the survival of legal tender, but also, citing Governor of the Bank of England Mark Carney, admits that it may be a...