K. Efstathiou, F. Papadia: The euro as an international currency

Two questions should be answered in relation to the international role of the euro: is a more important international ro...

January 9, 2019

P. C. Padoan: Europe needs reforms for inclusive growth – Do Europeans agree?

The debate about the economic governance of the European Union and of the Eurozone is concentrated on issues related to ...

January 9, 2019

C. Bastasin, M. Mischitelli – The Imaginary Growth: The hidden illness of Italian economic policy

Since the end of September 2018, the Italian government has been involved in complex negotiations with the European Comm...

January 9, 2019

S. Micossi – The Eurozone: a monetary union without a capital market

This Policy Brief calls our attention to the dire state of integration of capital markets within our monetary union, and...

December 12, 2018

S. De Nardis: The unbalanced monetary union

At the root of the Eurozone crisis was the building up of competitiveness gaps, current account imbalances and associate...

December 3, 2018

C. Bastasin, M. Messori: And if Juncker was Italy’s best ally?

The letter that Minister Tria sent on November 13 to the Vice-President and the Commissioner for Economic Affairs of the...

November 27, 2018

S. Micossi, A. D’Onofrio, F. Peirce: On German External Imbalances

This paper describes four features of the German economy which lie at the root of its external imbalances: the evolution...

November 23, 2018

C. Bastasin: The problem is not EU’s fiscal rules, but Italy’s economic strategy

The argument that the Italian government is using to change the fiscal policy strategy is captivating. It is basically s...

October 31, 2018

S. Micossi: Commission rejection of Italian budget may be justified, but what comes next?

The European Commission has returned Italy’s Draft Budgetary Plan (DBP) to Rome with the request to provide a redraft ...

October 25, 2018