June 21, 2019
“An infringement procedure would be madness” – Interview with Jean-Paul Fitoussi – Formiche
The French economist speaks about the EU’s potential infringement procedure against Italy, the consequences of the flat tax, the unrealistic minibots and Trump’s view of Europe and China. Click here to read the article in Italian.
June 20, 2019
Prime Minister Giuseppe Conte's letter to Europe
This is the letter that Italian Prime Minister Giuseppe Conte has sent today to the other 27 EU Member States, to the President of the EU Commission, Jean-Claude Juncker, and to the President of the European Council, Donald Tusk. Click here to...
June 19, 2019
The flat tax lacks fairness and efficiency – Claudio De Vincenti – Il Sole 24 Ore
The author believes that the flat tax being championed by the current Italian government has nothing to do with the reduction of the personal income tax and that progress could be better achieved by concentrating on social justice and economic efficiency...
June 19, 2019
Risk Sharing Plus Market Discipline: A New Paradigm for Euro Area Reform? A Debate - Jean Pisani-Ferry, Jeromin Zettelmeyer - VOX CEPR Policy Portal
The publication in 2017 of joint proposals for reforming the euro area by a group of seven French and seven German economists triggered a considerable debate on Vox. This volume offers a selection of the contributions to this debate together with a...
June 18, 2019
The future of the European Monetary Union in the light of the results of the European elections - a presentation by Stefano Micossi - 2019 ICSA meeting, Milan
The presentation addresses the issues that the EU still has to resolve in order to complete the European Monetary Union. Click on the PDF file below to see the slides.
June 17, 2019
Italy (for now) has a secret “little treasure” to finance its debt. Thanks to the ECB. – Daniel Gros – Luiss Open
Italy is a country that is characterized by significant private savings. Families have a total net wealth of about 10 thousand billion euro and possess financial assets for over 4 thousand billion euro. This essentially means that the national debt, which...
June 17, 2019
Euro Area—IMF Staff Concluding Statement of the 2019 Article IV Mission
The euro area is at a challenging juncture. Growth is expected to firm-up later this year but there are significant risks to this outlook. Greater structural reforms efforts at the national level would enhance the region’s resilience. In the event of a...
June 10, 2019
Modernizing Italy with more courageous reforms – Stefano Micossi – Il Sole 24 Ore
The article examines the quality of Italian legislation, which, according to the author, has not done enough to give a boost to businesses, attract investment and take advantage of globalization, especially in the field of new technologies. More robust...