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# Publications

One size does not fit all: European integration by differentiation

THE ISSUE Reforming the governance of the European Union has become urgent for three reasons: to better deal with politically-sensitive topics, to manage greater external challenges and because future EU enlargement will...

19th September 2018 by MARIA DEMERTZIS, JEAN PISANI-FERRY, ANDRÉ SAPIR, THOMAS WIESER AND GUNTRAM B. WOLFF 31 views

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# Publications

The economic potential and risks of crypto assets: is a regulatory framework needed?

This paper was paper written at the request of the Austrian Presidency of the Council of the European Union for the informal ECOFIN meeting of EU finance ministers and central bank governors (September 2018) and was pres...

6th September 2018 by Maria Demertzis, Guntram B. Wolff 91 views

# Blog

Overcoming the hurdles to Italian growth

This opinion piece was published in La Republicca. As the Italian government is contemplating its budgetary policy, it is useful to look at other countries’ experiences in how to deal with high debt levels. A salient exa...

4th September 2018 by Guntram Wolff 196 views

# podcast

Turkey’s crisis and what should be Europe’s response

I welcome Brad Setser, senior fellow at the Council on Foreign Relations, and Jean Pisani-Ferry, mercator senior fellow at Bruegel, to discuss the deterioration of Turkey’s economy. Although a recent souring of rel...

27th August 2018 by Guntram Wolff 119 views

# Blog

What should the EU do about the Turkish currency crisis?

The Turkish lira has been under significant pressure in recent weeks; in this blog post, the authors discuss the EU’s exposure to possible crisis in Turkey and how the EU should react. This was first published with Brueg...

14th August 2018 by GRÉGORY CLAEYS, GUNTRAM B. WOLFF 255 views

# Blog

Europe should avoid a no-deal Brexit

This opinion piece was published in various newspapers across Europe (FAZ, Le Figaro, Le Soir, Corriere dela Serra, the Times, NRC, Il Mundo). The authors are not responsible for the titles chosen by those newspapers. Al...

24th July 2018 by Jean Pisani-Ferry, Norbert Röttgen, André Sapir, Paul Tucker, Guntram Wolff 1840 views

# Blog

A Brexit deal is still not achieved

The UK paper should be seriously considered. While it breaks a number of European red-lines, it is also an attempt to solve some issues. The question is whether the EU will be ready to seriously negotiate. Geo-strategic ...

14th July 2018 by Guntram Wolff 504 views

# podcast

The drama of the EU and the euro area

I discuss with Ashoka Mody, visiting professor in international economic policy at Princeton University his latest book “Euro tragedy: a drama in nine acts”. We talk about the legacy of Helmut Kohl, the role...

28th June 2018 by Guntram Wolff 500 views

# Blog

Understanding (the lack of) German public investment

An array of data suggests that there is a general lack of investment by all branches of the German government, despite running budget surpluses for several years. This blog post plots the progression of the public invest...

20th June 2018 by Alexander Roth, Guntram B. Wolff 338 views

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# Publications

Is the European Semester effective and useful?

We study whether and to what extent EU countries implement recommendations on macroeconomic imbalances given by the EU in the so-called European Semester. Overall implementation of recommendations by EU countries has wor...

13th June 2018 by KONSTANTINOS EFSTATHIOU AND GUNTRAM B. WOLFF 305 views