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
C. Bastasin: Dalla pace perpetua alla guerra infinita – Lo spostamento a Est dell’Europa, i rischi per l’Italia e la necessità di una “Nuova Maastricht”
L’emergenza strategica ai confini orientali dell’Unione europea, provocata dall’aggressione russa in Ucraina, avr...
March, 24 2023
C. Bastasin: Italy should not underestimate the risk of isolation in Europe
Giorgia Meloni’s electoral victory in September 2022 was largely interpreted as a new expression of the deep-seated an...
February, 28 2023
C. Bastasin: A catch-22 for Eurobonds
The affirmation of a market for Eurobonds, i.e. common debt securities issued by the European Union, has significantly s...
January, 30 2023
C. Bastasin – European fiscal capacity: the example of the German special funds
The debate on the reform of European rules risks neglecting the importance of integrating the rules governing national f...
January, 12 2023
C. Bastasin: I motivi per approvare la modifica del MES, dopo la sentenza di Karlsruhe
L’approvazione delle modifiche al Trattato del Meccanismo europeo di Stabilità (MES) da parte del Parlamento italiano...
December, 14 2022
C. Bastasin: The German lessons about the “reddito di cittadinanzà”
The German government has put forward a proposal to introduce Bürgergeld, or basic income, in the country, a proposal t...
November, 18 2022
C. Bastasin: Il rapporto UE-Cina e le conseguenze sulla governance europea
Il tema dei rapporti occidentali con la Cina è diventato centrale nel corso del mese di ottobre, quando Stati Uniti e C...
October, 31 2022
M. Messori: Monetary policy and central fiscal capacity in the euro area
The new inflationary peaks reached in the Euro Area (EA) last summer have led the European Central Bank (ECB) to strengt...
October, 21 2022
C. Bastasin: What the European Commission says to Budapest should be heard in Rome too
Under the pressure of the European Parliament, on September 18 the European Commission finally proposed the application ...
September, 28 2022
Working Papers
F. Bontadini, V. Meliciani, M. Savona, A. Wirkierman – Nearshoring and Farsharing in Europe: implications for employment
This paper documents recent trends in the geographical distribution of value added across Global Value Chains (GVCs) and...
September, 27 2022
P. Canofari, G. Di Bartolomeo, M. Messori: Dancing on the edge of stagflation
The European Central Bank (ECB) is facing a dangerous trade-off between the control of supply-led inflation and the need...
September, 20 2022
L. Ferrari, V. Meliciani – Public Spending for Future Generations: Recent Trends in EU Countries
Public investment, traditionally measured using the so-called gross fixed capital formation (hereinafter, GFCF) of the p...
June, 28 2022
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: Stagflation and fragmentation – the euro area at the crossroads
The euro area may be about to experience something new: fragmentations in its financial markets in a situation character...
June, 8 2022
A. Macchiati, R. Vitelli: Mercati del gas e transizione energetica
L’aumento dei prezzi del gas e, conseguentemente dell’energia elettrica, registrato inizialmente nell’ultimo trime...
April, 4 2022
J. Bonchi, S. Nisticò: Heterogeneity, Bubbles and Monetary Policy
Using a tractable New Keynesian model with heterogeneous agents, we analyze the interplay between heterogeneity and rati...
February, 8 2022
M. Amato, F. Saraceno: Squaring the circle – How to guarantee fiscal space and debt sustainability with a European Debt Agency
This paper contributes to the debate on European macroeconomic governance. What is at stake is creating fiscal space for...
January, 19 2022
P. Benigno, P. Canofari, G. Di Bartolomeo, M. Messori: The Implementation and Rationale of the ECB’s New Inflation Target
In July 2021, the ECB’s target was revised, specifying that the 2% inflation rate threshold should be applied symm...
November, 8 2021
F. Bontadini, R. Evangelista, V. Meliciani, M. Savona – Asymmetries in global value chain integration, technology and employment structures in Europe: Country and sectoral evidence
This paper provides empirical evidence on the complex role played by technology in affecting the relationship between th...
November, 8 2021
Five Bullets
C. Bastasin: The EU budget’s bad start concerns the euro area as well
• February’s special Council meeting on the 2021-2027 EU budget ended without an agreement. When EU leaders left...
February, 28 2020
C. Bastasin: A Unique Opportunity for New Ideas on EU Fiscal Rules
• On February 5, the European Commission presented the outlines of its review of the euro-area’s fiscal rules. A sim...
February, 7 2020
C. Bastasin: Italy’s debt causes resistance to new “green” fiscal flexibility
• Brussels is about to start a debate on waivers for green investments from the EU’s budget-deficit rules. However, ...
February, 5 2020
C. Bastasin: ON THE EU COMMISSION’S HARD-NOSED LETTER TO ITALY
• In a strongly worded letter, EU Commissioners Valdis Dombrovskis and Pierre Moscovici have accused Italy of planning...
October, 22 2018
C. Bastasin: ITALY’S IS NOT A POPULIST GOVERNMENT
● Italy’s government is not just another populist government, more or less similar to the Greek, the British or even...
October, 1 2018
C. Bastasin: Regarding the Letter of the Eight Finance Ministers
● European ministers of finance discussed the future of the EMU on several occasions over the last couple of months. U...
March, 13 2018
M. Messori: ON THE LESSONS LEARNED FROM DEUTSCHE BANK
DEUTSCHE BANK’S DIFFICULTIES, which exploded due to a multi-billion dollar fine required by the U.S. Department of Jus...
October, 4 2016
C. Bastasin: ON ITALY’S ISOLATION IN EUROPE
Italy is suffering from isolation in the European Union and the euro area. This goes far beyond anecdotal evidence of Pr...
September, 29 2016
M. Messori: On Europe, Post-Bratislava
It would be useful to expand and modify Chancellor Merkel’s European agenda in order to reduce the possibility of unde...
September, 21 2016
Europe: Facts & Docs
This section contains policy documents, meeting summaries and news that come directly from the EU institutions.
Strengthening resilience in a changing geopolitical landscape – Welcome address by Christine Lagarde, President of the ECB, at the 9th ECB conference on central, eastern and south-eastern European countries – July 17, 2023
Read the transcript...
July, 17 2023
Interview with Christine Lagarde, President of the ECB – July 7, 2023
Read the transcript...
July, 10 2023
2023 Strategic Foresight Report: sustainability and wellbeing at the heart of Europe’s Open Strategic Autonomy – July 6, 2023
Read the press release...
July, 10 2023
Single Currency Package: new proposals to support the use of cash and to propose a framework for a digital euro – June 28, 2023
Read the press release...
July, 5 2023
Breaking the persistence of inflation – Speech by Christine Lagarde, President of the ECB, at the ECB Forum on Central Banking 2023 on “Macroeconomic stabilisation in a volatile inflation environment” in Sintra, Portugal – June 27, 2023
Read the transcript ECB Forum on Central Banking 2023...
June, 28 2023
EU budget: Commission proposes to reinforce long-term EU budget to face most urgent challenges – June 20, 2023
Read the press release...
June, 26 2023
European Semester 2023: country-specific recommendations agreed – June 16, 2023
Read the press release...
June, 19 2023
ECB Press Conference – June 15, 2023
Get all the info...
June, 19 2023
Sustainable Finance: Commission takes further steps to boost investment for a sustainable future – June 13, 2023
Read the press release...
June, 13 2023
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