Bruegel Blog (archive)
Timely analysis on the latest developments in economic policy. The Blog is a point of reference for policymakers, influencers and journalists.
Recently published
The fiscal side of Europe’s energy crisis: the facts, problems and prospects
Europe needs to move beyond emergency fiscal responses and focus on structural changes to allow the EU to accelerate its decoupling from fossil fuels.
Is Europe failing on import diversification?
Despite a goal of economic self-reliance, the European Union’s imports are generally sourced from an increasingly limited set of suppliers.
The difficulty of designating gatekeepers under the EU Digital Markets Act
The European Commission should be more precise and transparent when designating gatekeepers under the European Union’s Digital Markets Act.
Europe’s half a million barrels per day diesel supply question
A new European Union embargo on Russian oil products should not affect EU diesel supplies and prices, but could encourage re-routing by Russia.
Web3: the next internet revolution
Tokenisation based on blockchain technology could bring radical changes to markets for goods and services.
Blog post
25 February 2019
The Economists’ Statement on Carbon Dividends and the Green New Deal
In the last month two prominent policy proposals that aim to combat climate change have been presented in the United States. The Green New Deal calls
Blog post
21 February 2019
Reforming decision-making for EU taxation policy
Pierre Moscovici, European Commissioner for Economic and Financial Affairs, Taxation and Customs, spoke at a Bruegel event on February 21, 2019.
Blog post
21 February 2019
Greening monetary policy: An alternative to the ECB’s market-neutral approach
The ECB’s market-neutral approach to monetary policy undermines the general aim of the EU to achieve a low-carbon economy. An alternative tilting appr
Blog post
18 February 2019
Universal basic income and the Finnish experiment
The preliminary results on the Universal Basic Income (UBI) experiment in Finland, and what they mean for the long-standing questions over the potenti
Blog post
13 February 2019
How the EU could transform the energy market: The case for a euro crude-oil benchmark
There is a strong case for an oil benchmark in euros. Trading energy markets in more than one currency is not unprecedented, and indeed used to be the
Blog post
11 February 2019
On Modern Monetary Theory
An old debate is back with a kick. The discussion around modern monetary theory first gained traction in the economic blogosphere around 2012. Recent
Blog post
06 February 2019
Whose (fiscal) debt is it anyway?
The authors map how much fiscal debt is in the hands of domestic and foreign holders in the euro area. While the market for debt was much more interna
Blog post
05 February 2019
The higher yield on Italian government securities is becoming a burden for the real economy
Francesco Papadia and Inês Gonçalves Raposo have recently written on Italian fiscal policy and the increase in the spread between Italian (BTP) and Ge
Blog post
04 February 2019
The American tax debate
The debate over two different proposals for tax reforms: Senator Elizabeth Warren’s plan for a tax on wealth, and Congresswoman Alexandria Ocasio-Cort
Blog post
29 January 2019
After the ESM programme: Options for Greek bank restructuring
With the end of the Greece support programme, authorities now have scope to focus on the legacy of NPLs and excess private-sector debt. Two wide-rangi
Blog post
28 January 2019
Chinese growth: A balancing act
China’s GDP growth in 2018 was 6.6%, its lowest annual growth rate in more than two decades, and the rate is expected to slow further this year. What
Blog post
21 January 2019
Is public debt a cheap lunch?
The fiscal and welfare costs of public debt, following Olivier Blanchard's presidential lecture at the American Economic Association, in which he sugg
Blog post
14 January 2019
What 2019 could bring: A look inside the crystal ball
Economic performance prospects in Europe, the US and Asia in 2019. We start off by reviewing commentaries and predictions about the euro zone, which m
Blog post
14 January 2019
EU budget implications of a no-deal Brexit
A no-deal Brexit would mean the UK’s contributions to the EU budget fall to zero as of March 30th 2019. The author here calculates an estimate of the
Blog post
09 January 2019
How Europe could yet take the lead in the global electric-vehicle development race
The electrification of vehicles has become a key trend in the automotive sector, driven by clean energy and climate-change concerns. In a scenario of
Blog post
24 December 2018
The microeconomics of Christmas
Review of major contributions to the literature on the controversial topic of the deadweight loss of Christmas.
Republishing and referencing policy
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Republishing and referencing policy
Bruegel considers itself a public good and takes no institutional standpoint. Anyone is free to republish and/or quote any of our posts without prior consent. Please provide a full reference, clearly stating Bruegel and the relevant author as the source and include a prominent hyperlink to the original post.