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
20 January 2015
QE and central bank solvency
What’s at stake: The European Central Bank will most likely reveal on Thursday its plans for a program of sovereign bond buying, as it steps up i
Blog post
19 January 2015
Real exchange rates after the Swiss tsunami
The surprise abolition of the 1.2 Swiss franc/euro exchange rate floor by the Swiss National Bank sent shock waves to currency markets. The instant re
Blog post
19 January 2015
The ECJ suggests OMT is compatible with the Treaty, but not with the Troika
the European Court of Justice’s Advocate General observed that the framing and implementation of monetary policy are the exclusive competence of the E
Blog post
16 January 2015
Why a Grexit is more costly for Germany than a default inside the euro area
Direct losses for Germany would be much larger if Greece was to exit the euro.
Blog post
15 January 2015
Backward guidance, Chinese style
Since early 2014, the People’s Bank of China (PBC), the Chinese central bank, has deployed multiple policy tools to loosen its monetary policy st
Blog post
14 January 2015
An investment plan for Europe
- The speech by Jyrki Katainen's, Vice president of the Commission, at the Bruegel event " An investment plan for Europe"
Blog post
13 January 2015
The nod-and-wink lender of last resort
At his press conference on December 4, 2014, the ECB President Mario Draghi was asked if the ECB would be pari passu with other creditors. M
Blog post
13 January 2015
Six reasons why we should not invest too much hope in lower oil prices
Even if the oil price continues to hover around $50, it is unlikely to add more than one percentage point of growth to the EU economy. Given all mitig
Blog post
12 January 2015
The price of oil in 2015
My hunch for 2015 is that oil prices may continue to drop in the short term; unlike in the past four years, however, they are likely to finish the yea
Blog post
12 January 2015
The deflation naysayers
What’s at stake: As the euro area experiences decreasing prices for the first time since 2009, not all economists are aboard the anti-deflation bandwa
Blog post
09 January 2015
Three good reasons to be bullish on China in 2015
Back at the start of the decade, I made certain assumptions about how the so-called BRIC economies -- Brazil, Russia, India and China -- would perform
Blog post
09 January 2015
How to reduce the Greek debt burden?
Since Greece achieved a primary surplus of 2.7 percent of GDP in 2014 (which is expected to increase further in 2015), and there are uncertainties rel
Blog post
08 January 2015
France and Italy: The ABCs of the European fiscal framework
On the 28th of November the European Commission released its opinions on the euro area Member States’ Draft Budgetary Plans for 2015. The purpose of t
Blog post
08 January 2015
Is low inflation translating into lower wage growth in Germany already?
Low inflation in Germany is a big concern not just because of its importance for the euro area aggregate but also because it makes relative price adju
Blog post
07 January 2015
Eurozone South is still not a place for young workers
Eurostat released today the latest seasonally adjusted quarterly data for unemployment. Youth unemployment has been decreasing (slowly) in Greece, Ire
Blog post
06 January 2015
Why Grexit would not help Greece
The genie is out of the bottle: Europe is again discussing the possibility of Greece leaving the euro. With it, the debate has re-emerged whether this
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.