The Conclusions of the European Council on 28-29 October 2010 suggest the need for further consultations among the member states to design a "permanent crisis mechanism" to safeguard the euro area as a whole. This paper finds that the weakness of the current EMU governance is that it neither provides sufficient incentives for curtailing excessive lending and indebtedness, nor secures the level of political integration necessary to attain a sufficient degree of accountability in fiscal affairs. Any solution must address these two major flaws
After the Greek public debt crisis and the bilateral loans to Greece from the other members of the E...
In the run-up to the emergency European Council meeting at the end of June, Stefano Micossi outlines...
Euro crisis displayed its full blow in the spring of 2010. Its dynamics revealed deep-seated structu...
This Policy Brief argues that some important considerations are missing in the current heated debate...
The severe crisis that affected the European Monetary Union has emphasized the prevailing interests ...
This latest contribution by Stefano Micossi, Director General Assonime, Visiting Professor at the Co...
In concise, non-technical terms, Paul De Grauwe, Professor of Economics at Leuven University and Sen...
At its forthcoming spring meeting, on March 24th-25th, the European Council will consider a comprehe...
The severe crisis affecting European Monetary Union has emphasized the prevailing interests of natio...
Senior Associate Research Fellow Paul De Grauwe argues in this CEPS Commentary that the Greek debt c...
As the Eurozone debt crisis reaches a turning point, this Policy Brief argues for a more organised i...
The multiple attempts to restore confidence in the eurozone over the 18 months that have passed sinc...
This Commentary identifies several key weaknesses and oversights implicit in the proposals on the ta...
Assessing the validity of the European Council of Ministers’ recent decision to create a $1 trillion...
In the run-up to this week’s European Council, Karel Lannoo offers his assessment of what has been p...
After the Greek public debt crisis and the bilateral loans to Greece from the other members of the E...
In the run-up to the emergency European Council meeting at the end of June, Stefano Micossi outlines...
Euro crisis displayed its full blow in the spring of 2010. Its dynamics revealed deep-seated structu...
This Policy Brief argues that some important considerations are missing in the current heated debate...
The severe crisis that affected the European Monetary Union has emphasized the prevailing interests ...
This latest contribution by Stefano Micossi, Director General Assonime, Visiting Professor at the Co...
In concise, non-technical terms, Paul De Grauwe, Professor of Economics at Leuven University and Sen...
At its forthcoming spring meeting, on March 24th-25th, the European Council will consider a comprehe...
The severe crisis affecting European Monetary Union has emphasized the prevailing interests of natio...
Senior Associate Research Fellow Paul De Grauwe argues in this CEPS Commentary that the Greek debt c...
As the Eurozone debt crisis reaches a turning point, this Policy Brief argues for a more organised i...
The multiple attempts to restore confidence in the eurozone over the 18 months that have passed sinc...
This Commentary identifies several key weaknesses and oversights implicit in the proposals on the ta...
Assessing the validity of the European Council of Ministers’ recent decision to create a $1 trillion...
In the run-up to this week’s European Council, Karel Lannoo offers his assessment of what has been p...
After the Greek public debt crisis and the bilateral loans to Greece from the other members of the E...
In the run-up to the emergency European Council meeting at the end of June, Stefano Micossi outlines...
Euro crisis displayed its full blow in the spring of 2010. Its dynamics revealed deep-seated structu...