My paper of Fiscal Convergence and Real Divergence in the Euro area

Yesterday I presented a paper at the European Parliament in Brussels in the context of the meeting between the Parliament and the President of the Eurogroup which will take place today. I argue that more fiscal convergence in the Euro area has come at the cost of increasing economic divergence in important economic outcomes, such […]

On Monday at the European Parliament

I will make a presentation next Monday 23/2 at the European Parliament (EP) in Brussels  on “Debt sustainability and economic convergence of euro-area Member States: Challenges and Solutions“, in view of a meeting between the EP and the President of the Euro Group. The presentation will concern a paper that the EP has requested me […]

The EU new fiscal flexibility guidelines: an assessment

On January 13, the European Commission issued new  guidelines, to the European Parliament, the EU Council, the ECB, the EIB, the Economic and Social Committee and the Committee of the Regions, for “making the best use of the flexibility within the existing rules of the Stability and Growth Pact” (SGP). The report underlines that the […]