Euro & Finance

Banking union 22-06-2018

A ”facelift” to the EIB: the EU financial arm needs forward-looking reforms

The European Investment Bank (EIB) celebrates this year its 60th anniversary. But the 1958-founded EU body and bank should now look forward and commit to becoming a more sustainable, accountable and transparent institution, writes Xavier Sol.
Promoted content
Global Europe 18-05-2018

Role of investment hubs in global FDI flows: unknown, unloved?

On May 22, the Investment Facilitation Forum (IFF) holds an event that seeks to clarify the role of investment hubs and explore how their activities are linked to the EU tax agenda, financial regulation and the assistance to developing countries. Ahead of the event, the IFF president shares his view on the importance of distinguishing between investment hubs and tax havens.
Economy & Jobs 15-05-2018

Member states should renew fiscal vows

In 2012, all but two EU member states committed themselves to strengthening the rules and institutions that govern their national budget preparation processes by signing the European Fiscal Compact. However, little has been done since, writes Michal Horvath.
Economy & Jobs 19-04-2018

Making the most of the European Values Instrument

The European Values Instrument can provide a much-needed boost to the weakened resilience of European democracies. However, the details of its structure will determine whether this opportunity will be grasped, write Jan Jakub Chromiec and Katarzyna Pełczyńska-Nałęcz.
Economy & Jobs 17-04-2018

European Parliament sounds the alarm over developing world debt crisis

The number of poor countries facing major debt crises has doubled since 2013, and only 1 in 5 are now considered to be at low risk of crisis. With some countries in the midst of crisis and others on the brink, meeting the Sustainable Development Goals (SDGs) remains a pipe dream, writes Mark Perera.
Economy & Jobs 17-04-2018

What kind of budget do Europeans need?

The EU's new multiannual budget must reflect its new ambitions. Europe must assert itself as a geopolitical entity, as a democratic power with not only an economic dimension but social and cultural as well, writes MEP Maria João Rodrigues.  
Economy & Jobs 03-04-2018

No more excuses: The EIB needs a responsible policy against tax abuses

The EIB is a public institution and supports projects in the name of EU policies. Therefore it is high time for the EU bank to ask for more than what commercial banks do for the sake of justice and broader public interest, write Xavier Sol andAntonio Tricarico.
Brexit 28-03-2018

Brexit financial services deal will be difficult

The industry has accepted that so-called “passporting” rights will not be possible after Britain leaves the EU.  The concept of “equivalence” has been mooted as a solution but even agreeing to that will be difficult, writes Mark Boleat.
Economy & Jobs 26-03-2018

AI and robots should not be attributed legal personhood

Technology has revolutionised the financial industry, but we’re long overdue a revolution in the way we think about its future role and the policies that should govern it, write Daniel Schlaepfer and Hugo Kruyne.
Economy & Jobs 15-03-2018

A specific Brexit finance deal benefits the EU

By not embracing the UK financial sector in a future trade deal, the EU might chase global capital markets away from Europe. The idea that Europe will win by keeping London at arm’s length is naïve at best, writes Georges Ugeux.
EU Priorities 2020 02-03-2018

Debt: A measure of EU democracies illness

In discussions over the EU's next multi-annual budget, EU institutions need to pursue their efforts to decrease the burden of debt, write Cécile Philippe and Diego Sanchez de la Cruz.

AI: The future of renewable energy investment

Companies like Google and Amazon, as well as investment funds, are pouring millions of dollars into renewable energy. The use of predictive management tools and Artificial Intelligence is becoming more and more common in this process, writes Rodrigo Villamizar.
Economy & Jobs 13-02-2018

Reinvigorating Europe by investing in its people – vital role of EU budget

The EU has set itself an ambitious social agenda in the shape of the European Pillar of Social Rights, but the biggest test will be whether decision-makers will put their money where their mouths are by providing the necessary funds, writes Jana Hainsworth.
Economic governance 02-02-2018

EU lobbying rules must apply at the ECB

The European Central Bank should meet the same demands as the Commission when it comes to lobbyists in its advisory structure, insists the Corporate Europe Observatory.

On finance, ‘Think Sustainability First’

‘Think Sustainability First’ must be a principle that guides financial policymaking through this decade and the next if Europe is to have the means to match its global ambitions, writes Arlene McCarthy.
Economy & Jobs 19-01-2018

Europe is recovering but needs to confront lingering dangers to its unity

Europe is on the road to recovery which means now is the time for it to take the lead on a global scale and tackle the concerns and needs of its citizens, write Martina Larkin and Eckart Windhagen.
Economy & Jobs 15-01-2018

Moving the payment landscape forward at speed

The way we pay and shop continues to evolve at speed but the vision  of a safe, secure and simple digital payments landscape is happening all around us, writes Ann Cairns.
Economy & Jobs 09-01-2018

In 2018, expect the euro area economy to put on the brakes – but not for the reason you may think

The euro area economy has at last started to begin recovering convincingly from the past decade’s two recessions. But two big factors will moderate growth in 2018, writes Ilaria Maselli, citing the ageing workforce in Germany as being of particular concern.
Economic governance 05-01-2018

A three-step plan for a better European Monetary Fund

The European Commission's ESM reform plans are so one-sided that they can only exacerbate the Eurozone’s existing problems and deepen the gulf between creditor and debtor states, writes Clemens Fuest.
Economy & Jobs 01-12-2017

Tackle the discrepancies of enlargement to build a genuine social model

To put vigour back into its social model, the discrepancies and contradictions which are the byproducts of the enlargement and deepening of the Union during the last twenty years need to be addressed, writes Alfred Sant.
Brexit 14-11-2017

Does return of EU growth weaken case for Brexit?

One of the more powerful arguments advanced in Britain by Eurosceptics – from hardline Brexit ideologues to polite rationalists who disliked many aspects of European integration - was that the European Union had a dreadful economic tale to tell this century, writes Denis MacShane.
Economy & Jobs 10-11-2017

After Paradise Papers, it is high time for the EU to act

The Paradise Papers showed once again that anonymous companies are being used as a ‘getaway vehicle’ for criminality, writes Nienke Palstra.

Sustainable finance requires a change in incentives

Hurricane Harvey’s trail of carnage through Houston, the oil capital of the US, was a stark reminder of the effect that climate change can have on our economy, writes Peter Blom.
Economy & Jobs 30-10-2017

EMU: Focus on market discipline, financial stability, not on fiscal smoothing

The mood in Europe has changed. Attention has shifted from crisis management to how to make the European Union and in particular the eurozone function better in the longer term, writes Juha  Sipilä.