In the zone!

In need of a radical change?

In this policy brief Jan Kregel suggests Keyne’s Clearing Union proposal as a better template for dealing with the flaws in the current euro-based financial system.
A Two-Tier Eurozone or a Euro of Regions?
Author:Jan Kregel
From:Levy Economics Institute

Italy, still the weak link?

Desmond Lachman argues that 2018 might be the year of Italian reckoning as ECB is ready to scale back its QE program and the euro starts to appreciate.

Italian labor issue shows why eurozone may be doomed
By: Desmond Lachman – American Enterprise Institute

From the other side of the Atlantic

What is actually needed is a deeper financial integration, argue Després and Vidon.
Europe needs a Financing Union for Investment and Innovation
By: Morgan Després, Édouard Vidon – Banque de France

According to CEPR’s Euro Area Business Cycle Dating Committee report, published in August, the Eurozone expansion is continuing and creating employment at a rapid pace.
Eurozone economic recovery: Humming along just fine
By: Refet Gürkaynak, Philippe Weil – Bilkent University, Université Libre de Bruxelles