Bruegel Blog (archive)

Secular stagnation and capital flows

What’s at stake: Former Chairman of the Federal Reserve and new blogger Ben Bernanke has generated many discussions this week by challenging the secul

Money growth in the euro area is speeding up

The ‘pub economics’ of structural reforms

After over 7 years of crisis, everybody – ranging from politicians to policy-makers, including the press  – seems to know that structural reforms

Supply policies at the zero lower bound

What’s at stake: While the benefits of structural reforms are largely undisputed in the long run, several authors consider that reducing mark-ups and

The 2015 Greek redemptions’ path

Tomorrow, the Eurogroup meets to discuss the Greek government’s plan to reach an agreement with the Country’s public creditors. The sense of urge

The whys and hows of a single market for Europe

Be it sluggish growth performance, high unemployment or an incomplete monetary union, completing the single market is often offered as a silver bullet

The dollar surge

What’s at stake: The US dollar has gone through a very rapid appreciation over the past 6 months. While reduced form estimates are often presented to

A tale of floods and dams

A lot of debate has recently focused on the management of the fiscal crisis in Greece and whether or not the speed of adjustment has been too fast or

Realizing the Indian dream

It is probably too early to say with certainty that India will soon take its place as the world's third largest economy, behind China and the United S

German wage negotiations

In the beginning of January I wrote about the impact of persistently low inflation on collectively bargained wages in Germany. Concluded negotiations

Greece: update on public finances

At the end of last week the Greek Finance Ministry published the preliminary budget execution bulletin for February. The State primary budget balance

Negative rates and financial intermediation

What’s at stake: While negative interest rates might be needed from a macroeconomic point of view, they create important challenges for financial inte

Is the ECB sacrificing reforms on the altar of inflation?

This blog post explores whether the European Central Bank (ECB)'s large programme of sovereign bonds purchases (QE) could slow down ref

A fresh start for TTIP

Speech by Cecilia Malmström, European Commissioner for Trade, at the Bruegel Workshop on TTIP held on 12 March 2015.

Greek payment deadlines ahead

Discussions between Greece and its creditors are due to restart tomorrow. In the meantime, the pressure on Greece is increasing.   Here we take a

The below-zero lower bound

What’s at stake: The negative yields observed on some government and corporate bonds, as well as the recent move into further negative territory of mo