Agenda PĆŗblica… Spainās recovery plan: challenges and opportunities 24 Apr 2021 I was interviewed by Carlos Carnicero Urabayen (@CC_Urabayen) of Future Is Blue about Spainās recovery plan - what we know so far, whatās missing and how it can contribute to…
Analysis… Eurozone fiscal reform in light of Covid-19: a review of existing proposals 23 Mar 202125 Mar 2021 The European Commission recently issued a communication to EU member states to clarify its medium-term fiscal policy stance. This is necessary because the ongoing suspension of the EUās fiscal rules…
Analysis… How could the ECB exit QE? 18 Jan 2021 In December 2020, the ECB decided to continue its regular Asset Purchase Programme and the Pandemic Emergency Purchase Programme for at least another year. By the end of 2021, the…
Analysis… Completing the banking union: the key role of the resolution backstop 17 Dec 202027 Dec 2020 In 2020, the Covid-19 pandemic caused a significant delay on the EUās banking union policy agenda. ThĀe German presidency, however, succeeded in closing at least one chapter in the second…
Analysis… What the absorption of structural funds says about the EU recovery plan 24 Nov 202027 Dec 2020 As part of the debate on the impact of the EU recovery plan, a lot of emphasis has been put on the low absorption rate of EU cohesion funds. Six…
Analysis… Where TLTRO III may be going 10 Nov 202026 Dec 2020 The ECBās Targeted Long-Term Refinancing Operations, or TLTRO, are non-standard monetary policy measures adopted in the aftermath of the Eurozone banking crisis. The economic effects of the Covid-19 pandemic have…
Analysis… An analysis of the European Commissionās guidelines on the recovery fund 14 Oct 202026 Dec 2020 As explained in a previous note, the European Commissionās Next Generation EU recovery plan foresaw member states submitting national recovery and resilience plans by April 30 as annexes to their…
Analysis… The state of play on Banking Union 5 Oct 202026 Dec 2020 The Covid-19 pandemic has drastically changed the agenda of the European Union. Managing the associated economic crisis and the recovery have become the most important items. The banking union, which…
Analysis… EU recovery fund: timetable and links with eurozone governance 17 Sep 202026 Dec 2020 An important aspect of the EUās coronavirus recovery plan is how countries will access the funding they are eligible for. The recovery plan is designed as an extension to the…
Analysis… The ECBās decision to maintain its policy stance despite falling inflation: a comment 15 Sep 202026 Dec 2020 At its latest meeting on September 9-10, the ECB Governing Council took no monetary policy actions, despite the surprise drop in eurozone inflation in August and the rise in the euroās…