The European Central Bank’s (ECB) policy meeting in September was strained by dissent over the decision to launch another monetary easing package. Governing council members disagreed on the economic outlook, interest rates, and, most notably,… [Read more]
Tag: Fiscal Policy
On the Virtue of Economists and Their Models
As 2017 begins, Europe is preparing itself for an important year, which could well see the continent being plunged into a political crisis. Elections scheduled in, respectively, the Netherlands, France and Germany could see far… [Read more]
The European Banking Union: How the EU is Missing an Opportunity to Highlight the Benefits of Further Integration
Even in its incomplete stage of implementation, the European Banking Union is an example of the benefits that can ultimately be achieved when national governments transfer part of their authority to the European level. It… [Read more]