Publications
Policy Briefs
Working Papers
Monthly Briefs
Five Bullets
Europe: Facts & Docs
Newsletter

Publications

Our publications aim to provide in-depth information on issues that are at the forefront of the European agenda, including commentary, research, and policy recommendations.

LEAP produces policy briefs, working papers, five bullets and a monthly newsletter. All publications are available online.

Policy Briefs

V. Termini – Europe on the move: First steps towards a multilateral global scenario

Europe is on the move on three fronts which, in combination, are leading towards a truly extraordinary scenario. At the ...

February 24, 2021

M. Messori – The Italian recovery and resilience plan: How to take advantage of an extraordinary opportunity

In the post-pandemic period, the success of “Next generation – EU” (NG-EU) is crucial for initiating a...

January 4, 2021

C. Bastasin, L. Bini Smaghi, M. Bordignon, S. De Nardis, C. De Vincenti, V. Meliciani, M. Messori, S. Micossi, P. C. Padoan, G. Toniolo – A vision for Italy to seize a great opportunity: the choices the government must make to benefit from Next Generation-EU

The European funds of Next Generation-EU represent an unmissable opportunity to revive Italy, but also a great responsib...

December 6, 2020

C. Bastasin: Italy’s Recovery Plans require the mobilization of private savings

A more dynamic banking system and private equity actors are indispensable to prevent the high private debt from disrupti...

November 30, 2020

R. Perissich: Macron’s world view

Emmanuel Macron is a highly intelligent man and a profound, articulate thinker. He is also the President of France. Outs...

November 27, 2020

M. Buti, M. Messori – Implementing the Recovery and Resilience Plans: The Case of Italy

The exceptionality of the pandemic, its exogenous nature that has reduced the importance of the ‘moral hazard̵...

November 16, 2020

S. Micossi: Sovereign debt management in the euro area as a common action problem

This Policy Brief discusses the question of sovereign debt management in the euro area following the large increase in t...

October 14, 2020

S. Micossi: An international role for the euro?

One proposition that commands universal agreement is that the euro deserves a greater international role, justified by t...

October 2, 2020

C. De Vincenti: The Impact of Next Generation EU on the 2021-27 Multiannual Financial Framework

The adoption of the Next Generation EU (NG-EU) strategy is a significant breakthrough with respect to the confrontation ...

September 29, 2020

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Working Papers

P. Reichlin – the GIIPS Countries in the Great Recession: Was it a Failure of the Monetary Union

Drawing from the debate between the “German” and the “Keynesian” views about the reason for the Euro Area slow r...

February 28, 2020

P. C. Padoan – Growth in Europe: Notes for a policy agenda

This paper discusses topics related to the growth mechanism in Europe, and specifically in the eurozone. It looks at the...

December 1, 2019

M. Messori: The flexibility game is not worth the new ESM

The reform of the Treaty Establishing the European Stability Mechanism (ESM) broadens the functions of this mechanism so...

October 25, 2019

P. Canofari, G. Di Bartolomeo, M. Messori: Sovereign debt crisis, fiscal consolidation, and active central bankers in a monetary union

In this paper we examine global financial instability and its impact on the sovereign debts of peripheral countries in a...

October 2, 2019

M. Messori: The inevitable evolution of European financial markets

In the decades preceding the 2007-2009 international financial crisis and the related ‘doom loop’ between the Europe...

September 20, 2019

C. Battiati, C. Jona-Lasinio, S. Sopranzetti: Productivity growth and global value chain participation in the digital age

This paper provides a comprehensive overview of the current productivity trends and their potential drivers in the Euro ...

September 2, 2019

C. Bastasin, M. Mischitelli, G. Toniolo: Living with high public debt, Italy 1861-2018

Since 1861, Italy’s public debt has been both high and sustainable. The paper reviews the history of the Italian debt,...

June 17, 2019

P. Canofari, A. Marcelletti, M. Messori: REDENOMINATION RISK AND BANK RUNS IN A MONETARY UNION WITH AND WITHOUT DEPOSIT INSURANCE SCHEMES

This paper develops a basic framework characterized by a monetary union in which a shock to the policy interest rate, to...

June 1, 2019

R. Rinaldi: Cash

The world of retail payments is changing rapidly. We observe app-based mobile payments, contactless and proximity transa...

May 24, 2019

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Monthly Briefs

Five Bullets

Europe: Facts & Docs

This section contains policy documents, meeting summaries and news that come directly from the EU institutions.

Interview with Luis de Guindos, Vice-President of the ECB – May 14, 2023

Read the interview...

May 17, 2023

Interview with Christine Lagarde, President of the ECB – May 10, 2023

Read the interview...

May 10, 2023

ECB: Monetary policy decisions – May 4, 2023

Read the press release...

May 8, 2023

Confidence of consumers and firms has visibly improved – Interview with ECB chief economist Philip R. Lane – April 25

Read the interview...

April 26, 2023

Banking Union: Commission proposes reform of bank crisis management and deposit insurance framework – April 18, 2023

Read the press release...

April 26, 2023

Statement by Christine Lagarde, President of the ECB, at the forty-seventh meeting of the International Monetary and Financial Committee – April 14, 2023

Read the statement...

April 17, 2023

Ensuring price stability- Interview with Philip R. Lane, Member of the Executive Board of the ECB – April 6, 2023

Read the transcript...

April 12, 2023

Conclusions from the 23 March 2023 European Council

Get all the info...

March 27, 2023

The path ahead – Speech by Christine Lagarde, President of the ECB, at “The ECB and Its Watchers XXIII” conference – March 22, 2023

Read the transcript...

March 22, 2023

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