Articles

  • 1 week ago | bruegel.org | Rebecca Christie |Armin Steinbach |Jeromin Zettelmeyer |Zsolt Darvas

    In the context of the push by the European Union for regional integration in the Western Balkans, this paper explores the barriers to, and prospects for, deeper intra-Western Balkan economic relationships. First, it addresses the pronounced bilateral economic relationships between Western Balkan countries associated with historical path-dependencies.

  • 3 weeks ago | bruegel.org | Zsolt Darvas |Jeromin Zettelmeyer |Rebecca Christie |George Papaconstantinou

    AbstractSince mid-2021, the euro-area economy has gone through several shocks, leading to the highest inflation since the creation of the European Monetary Union. A forceful and persistent response from the European Central Bank, grounded in the monetary policy framework it agreed in 2021 ahead of the inflationary episode, has succeeded in bringing inflation down and delivering on the central bank’s price-stability mandate.

  • 1 month ago | bruegel.org | Nicolas Véron |Nicolas Boivin |Zsolt Darvas |Marie-Sophie Lappe

    Less than fifteen years after the global financial crisis of 2007-2008, banks and policymakers are calling for deregulation and lower capital requirements in the financial sector. They dispute that the Basel framework, the global standards for regulating large international banks, should be implemented fully in the European Union.

  • Mar 3, 2025 | bruegel.org | Silvia Merler |Zsolt Darvas |Kamil Sekut |Nicolas Véron

    The European Commission’s so-called first Omnibus package, published 26 February, has as its objective “unprecedented simplification” while keeping to the goals of the European Green Deal – the European Union’s net-zero plan – “enabling companies to access sustainable finance for their clean transition”. This is a complex trade-off. If adopted, the package could create risks for the underlying policy objectives of the European Green Deal and disrupt sustainable finance in two important ways.

  • Dec 4, 2024 | bruegel.org | Emmanuel Mourlon-Druol |Alicia Garcia-Herrero |Juan Lopez |Juan López |Zsolt Darvas

    In this episode of The Sound of Economics, Rebecca Christie invites Johanna Breuer, Emmanuel Mourlon-Druol and Federico Fabbrini to delve into the intricate dynamics of European public goods and how to pay for them. Together, they explore the historical, legal, and political foundations of joint European financing—tracing its evolution from the post-WWII period to recent crises like the pandemic and the war in Ukraine. Relevant publication:Mourlon-Druol, E.

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