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# Blog

Germany’s even larger than expected fiscal surpluses: Is there a link with the constitutional debt brake?

Germany is having a political debate on the adjustment of its budgetary plans due to revised forecasts, and an academic debate on the debt brake. Yet, since 2011, general government revenues and surpluses have been syste...

13th May 2019 by Guntram Wolff 9008 views

# Blog, Interviews

Life after the multilateral trading system

This article was published by Nikkei Veritas, Caixin, LeMonde, Handelsblatt and Corriere. The China-US trade talks, crucial as they are, divert attention from the main event: the World Trade Organization, the essential i...

25th April 2019 by Guntram Wolff 7879 views

# Blog, Interviews

What can the EU do to keep its firms globally relevant?

This opinion piece was published on Berlin Policy Journal and versions of it are published in Le Monde, La Repubblica, Handelsblatt (pdf), El Pais, Hospodarske Noviny and Capital.bg. Big is beautiful – so the claim of ma...

8th February 2019 by Guntram Wolff 2833 views

# Blog, Interviews

What does a possible no-deal Brexit mean?

This opinion piece was published in Caixin, Nikkei Veritas and Expansion. On March 29 2019, two years will have passed since the United Kingdom has notified the EU of its intention to withdraw from the European Union. A...

23rd January 2019 by Guntram Wolff 1730 views

# Blog, Interviews

Schicksalsjahr für Europa

My opinion piece in Handelsblatt with Marcel Fratzscher and Daniela Schwarzer....

22nd January 2019 by Guntram Wolff 1547 views

# Blog

Providing funding in resolution: Unfinished business even after Eurogroup agreement on EMU reform

The recent Eurogroup agreement on euro-area reform foresees a greater role for the European Stability Mechanism (ESM) as a backstop to the banking union. This is a welcome step forward but important issues remain. We ass...

11th December 2018 by Guntram Wolff 3290 views

# Blog

How could Europe benefit from the US-China trade war?

Versions of this article were published in Politico, Nikkei Veritas, Caixin, Caixin(English) and Die Zeit. Global trade tensions have steadily increased since President Donald Trump took office at the beginning of 2017. ...

18th October 2018 by Guntram Wolff 19616 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 1761 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 Guntram Wolff 2092 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 Guntram Wolff 11109 views