STUDY ON THE DIFFERENCES BETWEEN BANK INSOLVENCY LAWS AND ON THEIR POTENTIAL HARMONISATION
This material was originally published in a study commissioned by the European Commission's Directorate-General for Financial Stability,...
AN UNCOMPROMISING BUDGET
Summary The overall proposal has a number of useful aspects and some limitations. Main advantages: • ‘Next Generation EU' financed...
COVID-19'S SHOCK FOR EMERGING ECONOMIES
The pandemic is hurting emerging economies in at least three ways: by locking down their populations, damaging their export earnings...
COVID-19'S REALITY SHOCK FOR EXTERNAL-FUNDING DEPENDENT EMERGING ECONOMIES
COVID-19 has brought to light a reality that had been mostly forgotten in an era of ample dollar liquidity: the excessive dependence...
A JUST TRANSITION FUND - HOW THE EU BUDGET CAN HELP WITH THE TRANSITION
This study was prepared for the European Parliament's Committee on Budgets. The original paper is available on the European Parliament's...
AN EQUITY FUND FOR A ZOMBIE-FREE AND EU-WIDE RECOVERY
This opinion piece was originally published in Le Monde and in Il Sole 24 Ore. Illuminated open signs are going out all over Europe,...
READING TEA LEAVES FROM CHINA'S TWO SESSIONS: LARGE MONETARY AND FISCAL STIMULUS AND STILL NO GROWTH GUARANTEE
It was hard to think of a more important gathering than last week's ‘Two Sessions', during which Chinese political leaders were to...
THE EUROPEAN CENTRAL BANK IN THE COVID-19 CRISIS: WHATEVER IT TAKES, WITHIN ITS MANDATE
This Policy Contribution was prepared for the European Parliament's Committee on Economic and Monetary Affairs , as an input to the...
THE EUROPEAN UNION'S SURE PLAN TO SAFEGUARD EMPLOYMENT: A SMALL STEP FORWARD
The European Union's new instrument, the so-called temporary Support to mitigate Unemployment Risks in an Emergency , will provide...
HOW WILL COVID-19 IMPACT BREXIT? THE COLLISION OF TWO GIANT POLICY IMPERATIVES
This opinion piece was originally published in Brink The United Kingdom left the European Union on Jan. 31, 2020, only 10 months after...
SINGAPORE'S EXPERIENCE IN DEALING WITH COVID-19
Faced with the COVID-19 outbreak, governments have needed to act swiftly to combat the virus. Many countries currently have lockdown...
REBOOTING EUROPE: A FRAMEWORK FOR A POST COVID-19 ECONOMIC RECOVERY
The issue To slow the spread of COVID-19, European governments have adopted stringent containment measures. These have led to a severe...
SAVE MARKETS TO SAVE THE SINGLE MARKET
Necessary though it was, the temporary relaxation of state aid rules in the EU has brought grave unintended consequences. Through indiscriminate...
THE EUROPEAN UNION'S POST-BREXIT RECKONING WITH FINANCIAL MARKETS
In the negotiations between the European Union and the United Kingdom over their future relationship, we see a high probability of...
THE MESSAGE IN THE RULING
This opinion piece was originally published in El País. From its pretence to establish itself as a custodian of the custodians to the...
NAVIGIEREN AUF SICHT IST FÜR EINEN GRÜNEN WIEDERAUFSCHWUNG NICHT GENUG
This opinion piece was originally published in NZZ. Die Coronavirus-Pandemie und die Massnahmen zu ihrer Bekämpfung haben zum grössten...
BANKING REGULATION IN THE EURO AREA: GERMANY IS DIFFERENT
Two reports published in early 2020 shed new light on this challenge. The European Central Bank's risk report on less-significant institutions...
TWO MONTHS BEFORE THE CLIFF - MILLIONS OF EUROPEANS CANNOT AFFORD FOOD AND LODGING AFTER TWO MONTHS WITHOUT INCOME
Despite state support, the COVID-19 crisis is wreaking havoc on households' finances across Europe. Millions of individuals have stopped...
THE REVIVED CENTRALITY OF THE G20
A series of summits of governments and international financial institutions took place in April. Much was expected of these. They were...
POST-COUNCIL COMMENTARY
Iowa voters oust Rep. Steve King, shunned for insensitive remarks
Republicans in northwest Iowa ousted Rep. Steve King in Tuesday's primary, deciding they've had enough of the conservative lightning rod known for making incendiary comments... Read more ...
Trump says GOP is pulling convention from North Carolina
President Donald Trump said Tuesday he is seeking a new state to host the Republican National Convention after host North Carolina refused to guarantee the event could be held... Read more ...
Tensions rise among Facebook staff as Mark Zuckerberg gives explanation for...
The meeting has threatened to ratchet up tensions at Facebook, which has been hit with allegations of right-wing bias from conservatives and criticized by others for tacitly... Read more ...
Oil climbs above $40 for the first time in 3 months on hopes of extended...
Oil rose past $40 per barrel on Wednesday, three months after oil prices plunged over 30% at the worst level since the Second Gulf War. In early European trading, Brent crude... Read more ...
‘We cannot tolerate racism,' Pope Francis says, as he calls for US national...
Pope Francis called for national reconciliation in the United States on Wednesday. He broke his silence on the tensions in the US, which has seen eight nights of protests over... Read more ...
Minnesota Files Civil Rights Charge Against Police In George Floyd's Death
The state will investigate whether the Minneapolis Police Department has engaged in systemic discrimination toward people of color, Gov. Tim Walz said. Read more ...
Thousands stage 'die-in' in Boston street in memory of George Floyd
Outside Boston's Franklin Park, where thousands of people held a "die-in" for 8 minutes 46 seconds, the same amount of time a Minneapolis officer held his knee on George... Read more ...
10 things you need to know before the opening bell
Here's what you need to know before the markets open. 1. Global stocks jump again as markets ignore US protests and investors expect the current crisis to 'have a Hollywood... Read more ...
Poland to hold presidential election on June 28 amid political turmoil
Poland set June 28 on Wednesday as a new date for a presidential election that was canceled last month amid the coronavirus pandemic. Planning for the election had plunged the... Read more ...
Austria to lift border checks with all neighbors except Italy on Thursday
Austria is lifting border restrictions including quarantines for all neighboring countries, except Italy, as of Thursday. “We will lift all the coronavirus-related border and... Read more ...