su Metro
The Monti Legacy
Today I gave a talk at the Conference RENCONTRES ECONOMIQUES 2012 “L’ajustement des déséquilibres en zone euro” at the Ministry of Finance in Paris. I discussed the legacy of the Monti government, the positive and negative aspects of the economic reforms, and some implications of the current governmernt crisis. I was very surprised to see […]
A Very European Christrmas
Here is the long awaited sequel of “A very European Break up”
At the Rencontres Economiques 2012- Paris
Tomorrow I will give a talk at the Conference RENCONTRES ECONOMIQUES 2012 “L’ajustement des déséquilibres en zone euro” at the Ministry of Finance in Paris, on the good/bad of the Monti government. Stay tuned for the slides
Perchè l’Europa Crolla mentre gli USA sono ripartiti 3 anni fa?
Il mio pezzo su Linkiesta
A Pessimistic Note on the Euro
On February 7, I gave a talk a the Conference “America: Still A European Power?” in Bologna jontly organized by Johns Hopkins University-SAIS and Bologna University. (a more elaborate version of this post was later posted on voxeu e linkiesta ) The title of my presentation was “Why and How the US and the EU […]
America: Still a European Power?
Tomorrow I will speak at this Conference jointly orgainized by Johns Hopkins University-SAIS and Bologna University. Slides of my presentation on the blog as soon as ready
Intervista a Report su Agenda Monti, Renzi, Bersani
Intervista a Report, su Class CNBC (canale 507 di Sky) venerdì scorso, con Valeria Patané e Andrea Boda (a.k.a. bimboalieno)
Prospettive per Economia e Politica su Vloganza
Intervista a Luciano Giovannetti su Vloganza TV
Talking Politics and the Euro
Dialogo con Fabio Sipolino
The Probability Of A “Monti-Bis” Takes A Hit
The victory of Pierluigi Bersani in the primary elections for the leadership of the Democratic Party in Italy reduces the chances of the Monti Agenda. In September I discussed in Economonitor the plausibility of a “Monti bis”, the possibility that the next Italian government will carry forward the ‘”Monti Agenda” of budgetary discipline and structural […]
Con Bersani (e Berlusconi) crolla il Monti-bis
In settembre ho discusso su Linkiesta quanto sia plausibile l’ipotesi di un “Monti bis” e cioè che il prossimo governo porti avanti l’ “Agenda Monti” di rigore di bilancio e riforme strutturali. Il modello probabilistico descritto nell’articolo si basa sull’idea che l’esito dipenda da due fattori: il sistema elettorale e le leadership delle coalizioni in […]
A Debt Buy-Back Is Bad for Greece
According to FT Deutschland (quoted by Eurointelligence) on Saturday EU ministers agreed on a mix of measures, including buyback of Greek debt with EFSF money, tapping ECB and national central banks profits on Greek bond purchases and lowering interest rates on bilateral loans to Athens. These buybacks are beneficial to creditors (now mainly EU and […]
Giovani, Vecchi & Primarie
I primi risultati scrutinati, pari ad un terzo del totale, indicano Bersani al 44,3% , Renzi al 36,5%, Vendola al 15%, Puppato al 3% e a Tabacci 1,2%. Renzi è stato penalizzato dalla retorica della rottamazione? Non si direbbe. Dalla indagine del Centro Studi Elettorali dell’Università LUISS risulta che i tradizionali elettori del PD sono […]
Su La Stampa
Intervista su Grecia etc. a Tonia Mastrobuoni de La Stampa
The Troika’s Disaster
The new delay in the disbursement of the tranche of 44 billion from the “troika” (ECB, EU, IMF ) to Greece poses serious problems of economic and political nature to Greece, the entire Euro zone, but also to the International Monetary Fund. it threatens the solvency of the Greek banking system, for whose recapitalization about […]
La Troika del Disastro
Il nuovo rinvio dell’esborso della tranche da 44 miliardi dalla “troika” BCE, UE, IMF alla Grecia pone dei gravissimi problemi di natura economica e politica all’intera zona dell’Euro, ma anche al Fondo Monetario Internazionale. mette a rischio la solvibilità del sistema bancario greco per la cui ricapitalizzazione sono destinati circa la metà dei fondi apre […]
What Draghi Wouldn’t Say
What he said On Thursday 15 Mario Draghi gave an interesting speech in Milan, at Bocconi University’s ceremony for the new academic year. Interesting both for what he said and for what he wouldn’t say. The narrative of the crisis was more or less as follows. In the past years markets underestimated the consequences of […]
Quello che Draghi non dice
Interessante il discorso di Draghi alla Bocconi. La narrativa della crisi è più o meno la seguente. Durante gli anni scorsi i mercati hanno sottovalutato le conseguenze di politiche economiche irresponsabili (politiche di bilancio in Grecia, Italia, credito in Spagna e Irlanda) e di mancanza di riforme strutturali (Grecia , Portogallo, Italia), ma ora che […]
Il Monti-Calculator su Les Echos
Le nouveux Calculateur de probabilité du Monti-bis est arrivé (sur Les Echos) , see also Economonitor Enter your email address: Delivered by FeedBurner