About: ECB

Economic governance 17-08-2021

The new crusade for fiscal prudence

The frugal alliance stands to gain very little if their campaign for premature fiscal consolidation following the pandemic succeeds, but they risk exposing the entire EU to serious political and economic consequences, writes Anna Peychev.

Beyond the strategy review: the ECB must act on climate

The European Central Bank (ECB)'s new monetary policy is a positive step, but it needs more ambition to tackle its climate problem, warns a group of European lawmakers, environmental activists and economists.
The European Commission is to work alongside the European Central Bank (ECB) in probing a range of 'policy, legal and technical' pitfalls that could emerge as part of plans to introduce a Digital Euro crypto-currency in mid-2021.
Economy & Jobs 18-05-2021

The real reason we need a digital euro

The ECB will decide this summer whether to continue its plans for digitalizing the euro. With bankers pushing back, the major advantage of a digital euro has gained little attention, writes Igor Pejic.
Economy & Jobs 26-11-2020

The ECB Strategy Review – exorcising the ghosts of crises past

The European Central Bank's strategy review is a chance for the EU to exorcise its past mistakes in developing monetary union, writes Anna Peychev.
Economy & Jobs 06-02-2020

Why the ECB needs to look at helicopter money now

If Christine Lagarde is sincere in her conviction that the ECB’s strategic review should be open minded and “turn each and every stone”, she must persuade the Governing Council to open a discussion on helicopter money, argue Stanislas Jourdan and Eric Lonergan.
Economic governance 21-01-2019

ECB reshuffle: The EU can do better than gentlemen’s agreements behind closed doors

Appointments to the European Central Bank's Executive Board are no less than a strategic and political decision over the future of the Eurozone. But experience has shown this process is not transparent, open, and democratic enough to protect the ECB from its legitimacy gap, argue Stanislas Jourdan and Sebastian Diessner.

Green transition: ECB and budgetary authorities should face their responsibilities

Reforming the rules for coordinating budgetary and economic policies in the eurozone is a necessity to conciliate economic, social and climate objectives, write Olivier Bodin and Michael Vincent.
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.
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.

Climate change is everyone’s business – the ECB is no exception

Whilst the European Union is firmly committed to joining the fight against climate change and developing sustainable finance, the significance of the role the European Central Bank can play is being overlooked, write Ludovic Suttor-Sorel and Frank van Lerven.
Climate change 08-06-2017

Fighting climate change needs green investment to go mainstream

Ad hoc measures won’t be enough to fight climate change. The EU needs to step up and the ECB should start pumping some of its €60 billion monthly investments into green projects, insists MEP Neena Gill.
Euro & Finance 01-02-2017

For Greece and Its creditors, the clock is ticking

Both Athens and its creditors want to complete the review of Greece’s bailout program before the European electoral season starts in March, making an agreement likely, writes Stratfor.
Future EU 21-10-2016

The End of Europe

The EU risks disintegration with the emergence of a xenophobic and populist wave. The European project needs to be completely rethought, far from the current state of exception, argues historian Enzo Traverso.
Euro & Finance 14-01-2016

EIB transparency a prerequisite for good governance

President of the European Investment Bank (EIB) Werner Hoyer will present the results of the bank’s operations in 2015 today (14 January). 2016 will be a crucial year for the bank in fulfilling its EU objectives, writes Xavier Sol.
Global Europe 08-07-2015

Washington calls for flexibility on Greece

EU leaders should abandon dogma and act as statesmen, because much would be lost for the Greek people, the EU, and the United States if Greece becomes a failed state, writes Sir Michael Leigh.
Euro & Finance 07-07-2015

The ECB must fulfil its role as a ‘lender of last resort’ in Greece

Cutting the ECB's lifeline to Greek banks would push the country out of the eurozone and recklessly endanger the reputation of the ECB and the euro itself, argues Matthias Kroll.
Euro & Finance 28-01-2015

Goldilocks economics

The ECB's monetary aim is not too much inflation, but not too little, either. The balance needs to be just right. Striking this balance has therefore been called goldilocks economics, writes Jeppe Kofod.
Euro & Finance 13-11-2014

Message to Germany: Do not waste Spain’s reform efforts

Austerity measures dictated by Berlin and the IMF, have saved several European economies, but have otherwise produced mixed results. Miguel Otero-Iglesias says that in order to remedy this situation, Germany must take an extra step, and reward countries like Spain, in exchange for accepting its disciplinary dictates.
A young man with a Ukraine flag defies the police in Moscow, 21 September [Reuters]
Europe's East 25-09-2014

“Whatever it takes” in Ukraine

European policymakers have the tools and the intelligence to retain influence in Ukraine, but they would need to look to Mr Mario Draghi to find the right model for deploying them, write Jorge Mariscal and Nick Rice.
Euro & Finance 03-12-2013

Untangling the eurocrisis by creating a ‘smarter’ euro

Huge external accounts imbalances between the member states are to blamed partly for the eurozone crisis. Now we need intelligent and coordinated economic policies which will foster sustainable external accounts and thereby contribute to economic stability, writes Paulo Casaca.

How crisis policies threaten the EU’s social dimension

The weakening of the social flank in southern Europe has repercussions elsewhere in the EU, putting the trade unions and left-wing parties under further pressure, argue Klaus Busch, Christoph Hermann, Karl Hinrichs and Thorsten Schulten.
Euro & Finance 14-02-2013

The economic crisis and the Franco-German alliance

France and Germany are interested in preserving their alliance, because the survival of the European Union depends on it. But France clearly is beginning to feel the effects of the political and economic reconfiguration of Europe that began two decades ago, writes Stratfor.
Euro & Finance 18-12-2012

A difficult year ends on a promising note

The eurozone’s financial markets end this year in a much better shape than they did last year, but this gain rests on the promise that real progress towards banking union will be achieved in the coming year, writes Daniel Gros.
Euro & Finance 13-12-2012

Europe’s federal moment will take time

The last four months created an illusion that the worst is over in the eurozone crisis and more attention can be devoted to the project's future, writes Pawe? ?wieboda. However, much remains to be done and the golden rule of the new European Union will be to "Trust and verify", he says.