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Economic Rendez-vous of the Mediterranean 2014

...and those specifically oriented towards the Euro- Mediterranean region such as the Interdepartmental Group 5 + 5 supervised by the Prime Minister, the General Secretariat of the UfM etc, have subsequently joined the City of Marseille and the Provence-Alpes-Cote d’Azur Region. The...

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Articles in English

Options for a Euro-area fiscal capacity

...macroeconomic surveillance, the creation of the European Stability Mechanism, liquidity provisioning by resilient economies and the European Central Bank and a process towards a banking union. However, a monetary union requires some form of budget for fiscal stabilisation in case of shocks, and...

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Articles in English

Should the G20 agree to current-account balance targets?

...was also no shortage of fancy explanations for European external imbalances, for example that everyone in Europe wanted to build a second house on Spain's beaches. To recognise that current accounts matter is however only one step. The harder ones are to determine what they should be, how to...

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