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
07 August 2013
Much pain for small gain: difficulty of cost adjustment in the euro area
IMF’s latest World Economic Outlook discussed reasons for relatively stable inflation following the Great Recession. It noted that large output gaps a
Blog post
24 July 2013
More fiscal union, differentiated austerity
This column argues that recent discussions on self-defeating austerity neglect the monetary union dimension of fiscal policy. National auste
Blog post
23 July 2013
Deposit flight and deleveraging of the Cypriot banking system – an update
We documented the initial deposit flight from Cypriot banks after the country’s rescue package. The central bank of Cyprus released today data on depo
Blog post
23 July 2013
Can the European Central Bank control interest rates?
The short answer is a hesitant yes, bordering with a timid no.
Blog post
23 July 2013
Dramatic days ahead in Cyprus
The Cypriot parliament's Tuesday evening rejection of the bank levy on bank deposits, which was a key condition for financial assistance from the EU/I
Blog post
23 July 2013
To bail-in, or not to bail-in: that is the question (now for Cyprus)
There is an intense debate on the possibility of bailing-in bank shareholders and lenders of troubled financial institutions (ie forcing investors to
Blog post
23 July 2013
Abenomics: Is Shinzo aiming in the right directions?
Japan’s stock markets have seen an unusual fluctuation these weeks. The Nikkei 225 has dropped by 20% after it hit this year’s highest on 23 May.
Blog post
23 July 2013
Is Abenomics' success due to weaker YEN/USD exchange rate (as suggested by Big Mac Index)?
The Economist’s Big Mac Index suggests that the yen is undervalued by 30%. The gap between “implied exchange rate” (local price divided by dolla
Blog post
23 July 2013
Abenomics: Shinzo ready to re-launch 2nd and 3rd arrow after Japanese election?
The government has received a strong electoral mandate to re-launching the two arrows of Abenomics. The government should no
Blog post
15 July 2013
Blogs review: The Bernanke doctrine and the separation between forward guidance and tapering
What’s at stake: In the US, a somewhat forgotten intellectual distinction between forward guidance and asset purchases has resurfaced following t
Blog post
10 July 2013
EU farm reforms and slaying the ghosts of Doha
In a recent development, and as a major step towards consensus on reforms to the more than 50 billion euro-a-year farm policy, EU negotiator
Blog post
01 July 2013
Has the Chinese central bank really taken a hard line on liquidity?
With the surge of the Shanghai Interbank Offered Rate (SHIBOR) since early June, China’s interbank market experienced a serious liquidity shortage las
Blog post
27 June 2013
Youth unemployment: It’s growth, stupid!
European leaders are rightly concerned about the record level of youth unemployment in the EU. Unfortunately simply targeting measures at young people
Blog post
24 June 2013
Abenomics: the implications for Europe
For two decades the Japanese economy has been mired in deflation and stagnant nominal GDP. Real GDP and per capita GDP have grown a bit but only thank
Blog post
21 June 2013
Why the ESM direct bank recap deal is not done yet
The Eurogroup has just come to an important conclusion as regards the ESM direct bank recap instrument. The importance of this decision is very signif
Blog post
19 June 2013
Backloading – An ineffective economic measure for a good political reason?
Wednesday afternoon will see the fourth vote in the European Parliament (this time again in the environment committee) on a scheme to temporarily
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.