Reforming the Growth and Stability Pact: The Commission has fallen on the debt
By Jérôme Creel In its communication of 9 November 2022, the European Commission outlined the contours of the new European fiscal framework that should, in […]
Europe (en)
Europe/US: How has fiscal policy supported income?
By Christophe Blot, Magali Dauvin and Raul Sampognaro The sharp fall in activity and its brutal social consequences have led governments and central banks to enact ambitious support […]
Europe’s recovery plan: Watch out for inconsistency!
by Jérôme Creel (OFCE & ESCP Business School) [1] On 27 May, the European Commission proposed the creation of a new financial instrument, Next Generation EU, endowed […]
How to spend it: A proposal for a European Covid-19 recovery programme
Jérôme Creel, Mario Holzner, Francesco Saraceno, Andrew Watt and Jérôme Wittwer[1] The Recovery Fund recently proposed by the EU Commission marks a sea-change in European […]
Europe’s fiscal rules – up for debate
By Pierre Aldama and Jérôme Creel At the euro zone summit in December 2018, the heads of state and government hit the brakes hard on […]
The euro-isation of Europe
By Guillaume Sacriste, Paris 1-Sorbonne and Antoine Vauchez, CNRS and Paris 1-Sorbonne In the latest article in La Revue de l’OFCE (no. 165, 2019), accessible […]
The imperative of sustainability economic, social, environmental
OFCE[1], ECLM[2], IMK[3], AKW[4] It was during the climax of the so-called Eurozone sovereign debt crisis that we engaged into the independent Annual Growth Survey […]
Brexit: the November 25th agreement
By Catherine Mathieu and Henri Sterdyniak The United Kingdom will leave the European Union on 29 March 2019 at midnight, two years after the UK […]
Italy’s debt: Is the bark worse than the bite?
By Céline Antonin The spectre of a sovereign debt crisis in Italy is rattling the euro zone. Since Matteo Salvini and Luigi di Maio came […]
Brexit: Roads without exits?
By Catherine Mathieu and Henri Sterdyniak The result of the referendum of 23 June 2016 in favour of leaving the European Union has led to a […]