# Blog

Mere criticism of the ECB is no solution

This piece was first published by the Frankfurter Allgemeine Sonntagszeitung in a shortened version. It is also published in various national newspapers, including Le Monde. The eurozone remains in a deep, largely...

10th April 2016 by Guntram Wolff 2644 views

# Blog

ECB decisions put lack of fiscal union in the spotlight

Fiscal policy in the euro area is hardly supporting the recovery and the ECB. The EU needs a a proper fiscal union in order to stabilise the economy and inflation. We see four main avenues for achieving a viable fiscal f...

1st April 2016 by Guntram Wolff 1892 views

# Blog

The UK’s sovereignty myth

Those who argue that Brexit would let the UK “take back sovereignty” overlook the impact of trade on domestic law-making. This op-ed has also been published on Bruegel, in Kathimerini, Público, Die Zeit, Finans, Nikkei V...

17th March 2016 by Guntram Wolff 2779 views

# Blog

The G20’s structural reform agenda should address income gap and financial system fragility

G20 leaders must address major issues like the distribution of income and the structure of our financial systems in order to combat the deeper underlying causes of weak global demand. A version of this op-ed was also pub...

15th March 2016 by Guntram Wolff 2221 views

# Blog

Central banks: from omnipotence to impotence?

Like the price of financial assets, the market assessment of the capacity of central banks to achieve their price stability objective fluctuates between omnipotence and impotence. We do not agree with this binary view of...

2nd March 2016 by Guntram Wolff 2957 views

# Interviews

UK and the EU: Financially better off in or out

I participated in this France24 talkshow (in English)...

24th February 2016 by Guntram Wolff 1764 views

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# Publications

Which fiscal union for the euro area?

The construction of the euro area left aside the question of a fiscal union, but the crisis re-opened the debate. Read the full paper here. The paper was first published for the Conseil d’analyse économique in Fren...

18th February 2016 by Guntram Wolff 2751 views