# Blog

How can Europe escape recession in 2015?

2014 will be remembered for two major unexpected developments. First, the European Union was caught by surprise by the return of geopolitics. The annexation of Crimea, the military conflict in Ukraine and the increasing ...

23rd December 2014 by Guntram Wolff 109 views

Eurosystem collateral policy and framework- Was it unduly changed- (English)-page-001

2 likes

# Publications

Eurosystem collateral policy and framework: Was it unduly changed?

All Eurosystem credit operations, including the important open market operations, need to be based on adequate collateral. Liquidity is provided to banks against collateral at market prices subject to a haircut. The Euro...

17th November 2014 by Guntram Wolff 219 views

# Interviews

Eurozone banks’ distress

Guntram B. Wolff gave a Seminar at wiiw on ‘Eurozone banks’ distress: lessons from the United States and Japan’. After the seminar he gave wiiw scientific director Michael Landesmann and interview....

28th October 2014 by eurodale 1 comment 102 views

# Interviews

IMF, World Bank meetings come during Europe’s economic slowdown

CCTV America business correspondent Owen Fairclough is following the IMF and World Bank meetings from the European side. He interviewed Bruegel Think Tank Director Guntram Wolff for insight on the meetings....

6th October 2014 by Guntram Wolff 76 views

So far apart and yet so close- Should the ECB care about inflation differentials- (English)-page-001

1 likes

# Publications

So far apart and yet so close: Should the ECB care about inflation differentials?

Inflation rates can differ across regions of monetary unions. We show that in the euro area, the US, Canada, Japan and Australia, inflation rates have been substantially and persistently different in different regions. D...

22nd September 2014 by Guntram Wolff 90 views

# Interviews

The threat of low inflation in the eurozone

Is deflation becoming a threat to Europe? Gregory Claeys, Research Fellow at Bruegel, and Guntram Wolff, Director at Bruegel, discuss the issue. Their forthcoming publication – to be released next week on Bruegel’s websi...

17th April 2014 by Guntram Wolff 72 views

# Interviews

A budget for Europe’s monetary union

Bruegel’s Deputy Director Guntram Wolff offers his views on the Eurozone’s Fiscal Capacity....

30th November 2012 by eurodale 63 views

# Interviews

Leveraged EFSF would calm markets

Guntram Wolff, deputy director at Bruegel, discusses the possibility of expanding the European Financial Stability Facility using European Central Bank funds as leverage. He talks from Brussels with Andrea Catherwood on ...

29th September 2011 by eurodale 50 views