Any progress towards the Single Market could improve substantially EU growth path for the years to comePost, January 15, 2012
The European Union has always relied first and foremost on a gradual economic integration process. The current euro-zone crisis casts serious doubts on the benefits of such integration. Assessing its economic benefits is therefore central to measuring the overall benefits the European Union (EU) provides to its citizens.
The international monetary system needs the euroPost, January 12, 2012
By Agnès Bénassy-Quéré
With the survival of the euro area at stake, and the reform of the international monetary system no longer a priority of the G20 presidency, it may seem strange to call for an increased international role of the euro.
The Twin Sovereign and Banking Crisis in the Euro AreaPost, December 19, 2011
By Michel Aglietta
Europe’s banking system has been in a continuous stage of systemic fragility since the beginning of the financial crisis in 2007-08. The present phase is a two-way process of sovereign and banking crises feeding one another.