# Blog

Be bold now: coronavirus, the Eurogroup and fiscal safety nets

This blog post sketches two scenarios: one in which countries provide a large fiscal safety net to companies and another in which they do not. Both lead to similar debt-to-GDP ratios in 2021, but the safety net leads to ...

17th March 2020 by Guntram Wolff 549 views

# Blog, Interviews

A letter to Santa, the G7

This opinion piece was originally published in El País. Since the coronavirus outbreak became a pandemic, markets have plummeted. Global risk aversion has spiked, safe assets have becoming hugely expensive and the dollar...

17th March 2020 by Alicia Garcia-Herrero, Guntram Wolff 427 views

# Blog

As the Coronavirus spreads, can the EU afford to close its borders?

In 2018, 320 million trips were made between EU countries and almost 2 million people crossed Schengen borders to go to work. Stopping them would cause serious economic disruption. The Coronavirus crisis has triggered in...

27th February 2020 by Raffaella Meninno, Guntram Wolff 399 views

# Blog

Recent euro-area house price increases are dissimilar to earlier housing booms

Current housing markets relative to those pre-crisis seem to be far less driven by mortgage credit, and the size of the construction sector has not increased. This is possibly good news for financial stability because an...

19th February 2020 by Zsolt Darvas, Marta Domínguez-Jímenez, Guntram Wolff 871 views

# Blog, Interviews

Europe may be the world’s AI referee, but referees don’t win

The EU needs to invest in homegrown technology. This opinion piece was originally published in Politico. The European Commission’s Executive Vice President Margrethe Vestager has been tasked with developing a European st...

19th February 2020 by Guntram Wolff 661 views

# Blog, Interviews

Europe’s banking union must be cyberproofed

This opinion piece was published in Politico Nikkei Veritas, Corriere della Sera and Kathimerini. When European leaders, back in 2012, embarked on an ambitious plan to create a truly pan-continental financial system, the...

30th January 2020 by Guntram Wolff 937 views

# Blog, Interviews

Why border carbon adjustment is important for Europe’s green deal

This article was published in Brink News, Kathimerini, Le Monde, Helsingin Sanomat, Handelsblatt, IlSole24 ore and Nikkei Veritas. The European Commission President-elect Ursula von der Leyen is pursuing ambitious enviro...

6th December 2019 by Guntram Wolff 494 views

# Blog, Interviews

Schädliche Kritik: Die EZB hat mit ihrer Geldpolitik viel richtig gemacht

Die Geldpolitik der Europäischen Zentralbank hat der EU geholfen. Deshalb sollte darüber neu und konstruktiv debattiert werden. Der Gastbeitrag für Frankfurter Rundschau. Die neue EZB-Präsidentin Christine Lagarde hätte ...

14th November 2019 by Marcel Fratzscher, Guntram Wolff 1338 views

# Blog

Demystifying carbon border adjustment for Europe’s green deal

European Commission President-Elect Ursula von der Leyen has made a strong plea to accelerate Europe’s transition to a “green” economy with the goal of achieving ambitious targets of reduction of greenhouse gas (GHG) emi...

4th November 2019 by Guntram Wolff 1553 views

# Blog, Interviews

Politics, not policy will help Lagarde save the eurozone

This opinion piece was originally published by Politico When Christine Lagarde was tapped to become the next chief of the European Central Bank, her detractors were quick to argue her appointment was a mistake. Though sh...

4th November 2019 by Guntram Wolff, Rebecca Christie 757 views