Blog post
06 November 2017
The Eurosystem - Too opaque and costly?
The Eurosystem gets a lot of attention from academics and the media, but they largely focus on its statutory objective of maintaining price stability.
European monetary union
Showing 65-80 of 100 results
Blog post
02 November 2017
Euro-area enlargement: a new opening?
8 of the EU27 have not yet joined the Euro, and progress in euro-area enlargement seems to have stalled. Commission President Juncker wants to give ne
Policy brief
26 October 2017
The missing pieces of the euro architecture
What are the remaining fragilities of the Euro architecture? This policy contribution assesses the institutional reforms put in place during and after
External publication
04 October 2017
The single monetary policy and its decentralised implementation: An assessment
This paper assesses the decentralised implementation of monetary policy by the Eurosystem in terms of its transparency, efficiency and simplicity. Com
Policy brief
28 September 2017
A European perspective on overindebtedness
The sequence of crisis and policy responses after mid-2007 was a gradual recognition of the unsustainability of the euro-area policy framework. The ba
Policy brief
21 September 2017
Europe’s fourfold union: Updating the 2012 vision
The depiction of the euro area/European Union (EU) as a ‘fourfold union’ emerged in the first half of 2012 at the height of the euro-area crisis. In t
Blog post
29 June 2017
Eurozone or EU budget? Confronting a complex political question
This week’s European Commission reflection paper is the latest document to ponder a distinction between EU and euro-area budgets. But do we need to sp
Policy brief
08 April 2017
Europe’s role in North Africa: development, investment and migration
The authors of this Policy Contribution propose five ways in which EU policymakers can contribute to development in North Africa and build partnership
Event
06 April 2017
Can EMU survive a multi speed Europe?
On 6 April Bruegel, as in previous years, hosted the presentation of the Euro Yearbook, a collection of experts’ insights on the construction of the E
Blog post
29 March 2017
Who would bet on currency unions after EMU crisis?
The European Monetary Union (EMU) was founded with the idea that nominal convergence would bring real convergence, but structural differences between
Policy brief
09 September 2016
What are the prerequisites for a euro-area fiscal capacity?
In this Policy Contribution, Maria Demertzsis and Guntram B. Wolff discuss three progressive steps for strengthening the fiscal framework at the euro-
Podcast
12 August 2016
What can the eurozone learn from US monetary history?
Many in the EU look to the USA as a model for monetary union in the Eurozone. But how easy was it to create such a union, and what can Europe learn f
Opinion piece
25 May 2016
Lessons for the euro from early US monetary and financial history
In this essay, Jeffry Frieden looks at the process of creating a monetary union in the United States and draws lessons for the EU.
Event
25 May 2016
Lessons for the euro from early US monetary and financial history
The United States has a monetary union that many look to when considering the future of the EU. But how easy was it really to create such a union and
Policy brief
22 April 2016
Financial risks and opportunities in the time of climate change
The current unsustainable use of our environment can lead to financial crisis. To address this risk, financial institutions should measure their exp
Event
23 February 2016
Adjustment in the Economic and Monetary Union
This event will look at shocks and adjustment in the euro area in the light of recent crises and analyse the functioning of a key internal adjustment