# 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 73 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 217 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 147 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 131 views

# podcast

Central banking and the problem of unelected power

Paul Tucker, former deputy governor of the Bank of England, joins me to discuss the thesis of his new book, as well as the current tensions within current models of central banking governance. We discuss whether the ECB ...

5th June 2018 by Guntram Wolff 376 views

# podcast

What risk does Italy’s new government pose to the euro area?

I discuss here with Francesco Papadia, Bruegel senior fellow, the situation in Italy. The coalition agreement between Italy’s Five Star Movement and the League puts the country’s new government on a potential collision c...

24th May 2018 by Guntram Wolff 267 views

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# Publications

EU funds for migration, asylum and integration policies

The European Union significantly increased its funding for migration, asylum and integration policies in the wake of the increased inflow of asylum seekers in 2015. This study provides an overview, an analysis and an eva...

23rd May 2018 by FRANCESCO CHIACCHIO, ZSOLT DARVAS, KONSTANTINOS EFSTATHIOU, INÊS GONCALVES RAPOSO AND GUNTRAM B. WOLFF 151 views

# Blog

Germany’s Government Still Has an Allergy to Investing

The new coalition budget looks a lot like the old German coalition budget. My Bloomberg View column is here....

14th May 2018 by Guntram Wolff 216 views

# Blog

Germany’s current account surplus and corporate investment

Following the 1990s post-reunification period and since the beginning of monetary union, Germany’s current account has grown substantially. In the crisis years, Germany’s lost about 15 percentage points of GDP in i...

10th May 2018 by Guntram Wolff 261 views

# podcast

EU policy priorities towards Capital Markets Union

The deepening and enlargement of Europe’s capital markets has long been a policy target for the EU – indeed, it is a flagship priority of the current Commission. Many legislative proposals have been forwarded, and there ...

8th May 2018 by Guntram Wolff 223 views