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Bruegel Blog (archive)
Timely analysis on the latest developments in economic policy. The Blog is a point of reference for policymakers, influencers and journalists.
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![A woman fills up her car at a self-service gas station following the abolition of the €0.20 bonus by the Spanish government on January 3, 2023 in Seville (Andalusia, Spain). Since the beginning of the new year, 2023, the Spanish government has abolished the €0.20 bonus per liter of fuel to relieve drivers' pockets.](/sites/default/files/styles/featured_image_medium_with_focal_point/public/2023-03/GettyImages-1453979130.jpg?h=5ea77754&itok=3su3_tnO)
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.
![A navy charged with containers](/sites/default/files/styles/featured_image_medium_with_focal_point/public/2023-02/Lennard%20200223.jpg?h=94b28deb&itok=3ejNic7q)
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.
![EU Commissioner for A Europe Fit for the Digital Age](/sites/default/files/styles/featured_image_medium_with_focal_point/public/2023-02/Cristophe%20200223.jpg?h=ee5f1328&itok=hA0itxb-)
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.
![A driver fills up the tank of her car](/sites/default/files/styles/featured_image_medium_with_focal_point/public/2023-02/GettyImages-1381551970.jpg?h=a0b679fb&itok=syri0VfX)
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.
![Internet user](/sites/default/files/styles/featured_image_medium_with_focal_point/public/2023-01/GettyImages-79146008.jpg?h=199d8c1f&itok=y-k-nNAd)
Web3: the next internet revolution
Tokenisation based on blockchain technology could bring radical changes to markets for goods and services.
Blog post
16 October 2014
Fact: Dim Sum bonds are not coming to rescue Russia's banks
Despite Russian efforts, it seems Asian markets will not provide a quick fix, as yields on yuan-denominated bonds issued by Russian entities have been
Blog post
16 October 2014
Russian Roulette, reloaded
European attention will be back to Russia and Ukraine this week, as sanctions are reviewed. In the meantime, important changes have taken place.
Blog post
16 October 2014
Blogs review: The China slowdown effect
What’s at stake: As China moves from being an economy with surplus labor to an economy with labor shortages, the implications for the global econ
Blog post
16 October 2014
How tight is China’s monetary policy?
There have been definite signs of monetary loosening in China in recent weeks. Nevertheless, for almost a year, the debate continues to rage over whet
Blog post
16 October 2014
How loose is China’s monetary policy?
On the contrary, among the major central banks, the PBC appears to have tightened the most since the global financial crisis, on the basis of both ex-
Blog post
16 October 2014
China's financial liberalisation: interest rate deregulation or currency flexibility first?
Part I discusses three institutional factors favouring a strategy of greater currency flexibility ahead of fuller domestic interest rate liberalisatio
Blog post
15 October 2014
A press review ahead of the German Constitutional Court decision
On 11 and 12 June, 2013 the German Federal Constitutional Court (FCC) will consider the legality and conformability of the European Stability Mechanis
Blog post
15 October 2014
Blogs review: OMT
What’s at stake: The ECB has announced “Outright Monetary Transactions” (OMT) on 6th September. Comprising of potentially unlimited purchases of gover
Blog post
15 October 2014
OMT ruling: Karlsruhe says no, refers to ECJ and suggests ECB should always be preferred creditor
The German constitutional court (Karlsruhe) has just released the pre-announcement of its ruling on the legality of the ECB’s OMT programme. A nu
Blog post
15 October 2014
The OMT programme was justified but the fiscal union question remains
Arguably, while I believe the German court has stepped beyond its remit by taking this case and ruling on it, the German court does Europe a favour on
Blog post
14 October 2014
Student mobility in Europe
The chart shows the percentage of students coming from other European countries, measured on the total university student population, who ar
Blog post
14 October 2014
Chart of the week: IMF forecasts euro area inflation to stay well below 2% target for years to come
The IMF recognizes that given the bleak outlook for the euro area real economy, if the ECB continues with its relatively hawkish monetary policy appro
Blog post
14 October 2014
Looking past the (West’s) end of the nose
Following the recent IMF annual meetings, and the coincidental declines in global stock markets, gloom is back about the state of the world economy. W
Blog post
14 October 2014
New IMF growth forecasts: EU revised downward, once again
The IMF published its new World Economic Outlook today (see the report here and the database here). Once again, euro-area’s outlook has been revised d
Blog post
13 October 2014
Infrastructure investment is a no-brainer
What’s at stake: For countries with infrastructure needs, the combination of low interest rates and mediocre growth mean that it’s time for an in
Blog post
10 October 2014
Europhoria once again
The Europhoria before the crisis was due to a collective failure to see the looming crisis. The reaction once the crisis started was over-the-top and
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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.