January 28, 2019
The ECB Has Stopped Buying State Bonds, But The Italian Spread Is Falling – Daniel Gros – LUISS Open
This month the ECB has ended its bond purchase program, but interests on Italian debt are falling. About four years ago the rates and the spread on Italian debt fell significantly as soon as the ECB announced its massive sovereign debt bond purchase...
January 21, 2019
How Much Does “Love And Hate” Cost Europe – Maurizio Ferrera – Corriere della Sera
The analysis examines the pre-Brexit political climate in the UK and compares it to the situation that resulted after the first UK referendum to leave the EU in 1975, in which the British voted overwhelmingly to remain in the union. Click here to read the...
January 18, 2019
Europe And The Euro Must Find A Way Towards Sustainable Growth - Pier Carlo Padoan - Il Foglio
A policy aimed at strengthening inclusive growth and an agenda for the “real” economy and not one only for the currency should be part of a single vision, which by and large is still missing. Click here to continue reading the article in Italian
January 9, 2019
The Euro Turns 20 - Daniel Gros - Project Syndicate
The euro’s first 20 years played out very differently than many expected, highlighting the importance of recognizing that the future is likely to be different from the past. Given this, only a commitment to flexibility and a willingness to rise to new...
January 7, 2019
It Is Not The State That Will Save Carige – Marcello Messori – La Repubblica
The article sheds light on the difficulties that Banca Carige has currently run into, proposing various solutions to avoid a total collapse. In the end it will be up to the Italian government to create incentives for bank mergers that are compatible with...
January 7, 2019
The Need For Sovereignty – Giovanni Orsina – La Stampa
The article illustrates how since the fall of the Soviet Union and the end of the Cold War, Europe has harbored the “end of power” illusion. European countries delegated more and more authority to Brussels and their regions, while a certain sovereignty...
January 4, 2019
The Unknowns In The Budget – Carlo Bastasin – Il Sole 24 Ore
The agreement between Rome and Brussels gives the green light to a budget that in terms of quality is not very convincing. Both the Italian government and the European Commission know that the budget will not be enough to help Italy get out of the...
December 17, 2018
The Budget: What’s At Stake? – Marcello Messori – La Repubblica
The article examines the concessions that the Italian government has recently made to the European Commission in order to avoid an infringement procedure. However, according to the author, these modifications in the budget are not enough. The government...