EU institutions

Marco Buti, Gabriele Giudice, José Leandro, 25 April 2018

The debate on deepening EMU is entering a critical stage. This column, contributing to VoxEU's Euro Area Reform debate argues that while the proposals in a recent CEPR Policy Insight are both timely and attractive, the mix seems unbalanced and carries significant risks. The focus of the proposals on reducing fiscal risks could lead to financial distress, ultimately requiring more, not fewer, rescues.

Andrew Watt, 23 April 2018

There is currently both an economic and a political window of opportunity for reform in the euro area. This column, which forms part of VoxEU's Euro Area Reform debate, discusses the strengths and weaknesses of the proposals in the recent CEPR Policy Insight and makes recommendations for extensions and alternatives.

Emmanuel Farhi, Philippe Martin, 19 April 2018

One criticism of the recent CEPR Policy Insight on euro area reform is its supposed silence on the role of the ECB. In this column,  which we add to VoxEU's Euro Area Reform debate, two of the authors of the Policy Insight argue that the reforms proposed in it actually have significant implications for the ECB’s role, in a way that would make it easier for the ECB to fulfill its mandate.

Miranda Xafa, 17 April 2018

The European Commission launched its Capital Markets Union project in 2015 to help unlock funding for investment through deeper and more integrated capital markets. This column, the first in a two-part series, argues that progress has been slow and that a more ambitious vision is needed to achieve true Capital Markets Union.

Lorenzo Bini Smaghi, 09 April 2018

A team of French and German economists recently proposed on this site a series of reforms to strengthen the euro area's institutional framework. This column, which joins VoxEU's Euro Area Reform debate, argues that while the proposals  form a useful basis for discussion, they are nevertheless subject to important shortcomings.

Other Recent Articles:

Events

CEPR Policy Research