Europe: Facts & Docs
S. Micossi: Sovereign debt management in the euro area as a common action problem
S. Micossi: An international role for the euro?
C. De Vincenti: The Impact of Next Generation EU on the 2021-27 Multiannual Financial Framework
C. Bastasin: A permanent Recovery Fund requires a European Government
M. Buti, M. Messori: Questa volta l’Italia non può sbagliare
Conte’s argument concerning the ESM doesn’t make sense – Interview with Lorenzo Bini Smaghi – Startupitalia
Lorenzo Bini Smaghi believes that Italy’s debt will increase whether it uses the European Stability Mechanism or not, because to finance its additional health expenditure to fight Covid-19 the government will have to turn to the market for loans,...
Draft Budgetary Plan for 2021 - Interview with Marcello Messori – Affari Italiani
Professor Messori provides an analysis of the Draft Budgetary Plan for 2021. In particular, he says that in the first months of 2021 Italy will have to deal with significant macroeconomic problems, even in the presence of a strong economic recovery,...
Europe is waiting for Biden – Carlo Bastasin – La Repubblica
The article examines the US presidential race from the perspective of the EU. German Chancellor Angela Merkel has already said that if Donald Trump wins the elections, she will have to step down because her relations with Washington are so bad that if she...
Managing the Recovery Fund – Francesco Oddone and Francesco Saraceno – Il Sole 24 Ore
The Recovery Fund, as has been repeated over and over again, is an opportunity and a risk for the revival of growth in Europe. It is an opportunity because many countries have been knocked out by two devastating crises in a span of ten years. It is a risk...
Does Italy need the ESM? - Massimo Bordignon e Gilberto Turati - La Voce
The battle in Italy over the possibility of using the ESM is getting bitter. But neither do those for nor those against the possibility seem to have a real interest in improving the National Health Service. For this a detailed plan would be needed, of...
What to expect from the infringement procedure against the UK – Gian Luigi Tosato – Affari Internazionali
The European Commission has launched an infringement procedure against the UK for having violated the Withdrawal Agreement. The only problem is that the European Court of Justice may no longer have jurisdiction over the UK because it has already left the...
Interview with Marcello Messori – Class CNBC
Professor Messori provides a thorough analysis of the effects that the "proper" use of the Next Generation - EU recovery instrument will have on the Italian economy in the upcoming years, starting from the economic growth rate to the deficit/GDP ratio to...
Europe’s “Green China” Challenge - Daniel Gros - Project Syndicate
If, as seems likely, China commits fully to President Xi Jinping's recent pledge to achieve carbon neutrality by 2060, the implications will be far-reaching. This is particularly true for the European Union, which will have its own plans and policies both...
Hamilton, Copernicus, Rubicon… Is Next Generation EU a ‘Moment’ at all? - Alessandro Leipold - The Lisbon Council Blog
Having endured four days and four nights of acrimonious debate, supporters of the European ideal drew a collective sigh of relief in the early morning of 21 July 2020, when the continent’s 27 heads of state and government emerged from the European Council...