Category: Eurozone

Page 1/4

Eurozone

The 2022-2023 fiscal policy in the euro area

To mitigate the effect of surging energy prices in 2022 on households and businesses, European countries implemented expansionary fiscal policy measures. What was the effect on the euro area inflation?

Eurozone

The monetary-fiscal policy nexus in the Eurozone

New research highlights the effects of monetary policy on national fiscal policies.

Eurozone

How to stabilize the EU energy market

Proposals on how to reduce gas demand and the price cap of electricity in the harmonized EU market.

Eurozone

Safe asset shortage

Safe asset shortage leads to collateral reuse. New research examines the effect of reuse on repo rates. Could issuance of Eurobonds alleviate the safe asset shortage in the Eurosystem?

Eurozone

ECB’s Transmission Protection Instrument

The ECB recently announced the Transmission Protection Instrument to prevent fragmentation as it tightens monetary policy. What are the criticisms so far?

Eurozone

The ECB’s other inflation problem

Interest rate hikes by the ECB have the potential to increase the spreads of countries in a way that is disconnected from economic fundamentals and hence increase the risk of market fragmentation.

Eurozone

Reforming the Stability Pact and Growth Pact: the Italian view

Recent commentary on whether the reform of the Stability and Growth Pact is necessary and a new proposal.

Eurozone

Monetary-Fiscal policy mix in the Eurozone

A call for an institutional framework to ensure that the Eurozone’s monetary and fiscal stance at the aggregate level are coherent.

Eurozone

Will the NGEU funds be effective?

The Next Generation EU funds have the potential to significantly boost growth in EU. But will they?

Eurozone

Progress report on the European Banking Union

Europe’s Banking Union has not achieved its goals but has benefited the Eurozone’s banking sector in unexpected ways.

Theme by Anders Norén