Institutional reform in the EU
This Policy Brief discusses the potential reforms of the EU institutions that can take place during the 2014 – 2019 legislative term. It argues that negotiations on Treaty change are a […]
European Policy Briefs
Publications
Contractual arrangements: the overlooked step towards a fiscal union
‘Contractual arrangements’ were proposed as an initial step towards a fiscal union that would consolidate the EMU. At this stage, the debate should be centred on the cornerstone of these […]
Banks at the service of the economy?
This Policy Brief discusses a few simple measures to improve both the commercial and investment banking landscapes, with or without formal separation. Covering deposits with quality collateral would make them […]
What if the next financial crisis hits the Banking Union? A call for an “If all else fails” clause
This Policy Brief argues that the envisaged design of the Banking Union risks not being sufficient to deal with the next large-scale financial crisis. Therefore, an “if all else fails” […]
Don’t complicate it even further: Macroeconomic conditionality as a substitute for new structural reform contracts
The idea of introducing contracts between Member States and the EU on structural reforms has its merits, it also has several disadvantages. Most notably, the contracts risk rendering European economic […]
A case for adjusting fiscal consolidation in the eurozone
Fiscal consolidation is essential to ensure the sustainability of eurozone countries’ public debt. However,as a principle, consolidation should not be pursued at a pace unnecessarily undermining growth in the short […]