# Blog

Why Juncker’s industrial goals are unlikely to be achieved

‘Industrial policy is back!’ This is the message given by the President Elect of the European Commission, Jean-Claude Juncker, at his confirmation by the European Parliament yesterday. In his speech, Juncker said &...

16th July 2014 by Guntram Wolff 2031 views

# Blog

The OMT programme was justified but the fiscal union question remains

I concur with Mody’s overall conclusion that the monetary union, even with the OMT programme, is incomplete and the issue of fiscal union remains unresolved. To permanently stabilise monetary union, the EU will nee...

15th July 2014 by Guntram Wolff 2817 views

0 likes

# Publications

The great transformation: Memo to the incoming EU Presidents

The European Union’s leadership spent the last five years fighting an acute and existential crisis. The next five years, under your leadership, will be no less difficult. You will have to tackle difficult economic and in...

3rd July 2014 by Guntram Wolff 2659 views

# Interviews

Alstom blues: Is France facing industrial decline?

My interview with France24 can be found here. here...

20th June 2014 by Guntram Wolff 1475 views

0 likes

# Publications

No Industry, no Future?

In a context of weak growth, high unemployment, unbalanced public finances and persistent external deficit,we are witnessing the return of a proactive approach to industrial policy and, even in France the return of direc...

19th June 2014 by Guntram Wolff 2189 views

# Interviews

European Central Bank cut interest rates to lowest level

Most economists had been expecting an interest rate cut, but the bank went even further than that. CCTV’s Sandra Gathmann has the details from Brussels....

6th June 2014 by Guntram Wolff 2756 views

# Blog

Addressing weak inflation: The ECB’s shopping list

In this blogpost, we summarize our recently published paper, in which we discuss in detail the dilemmas for the ECB and the need to act. Inflation forecasts by the ECB have fallen substantially below the two percent thre...

6th May 2014 by Guntram Wolff 2347 views

0 likes

# Publications

Addressing weak inflation: The European Central Bank’s shopping list

There are clear benefits to price stability. High inflation can distort corporate investment decisions and the consumption behaviour of households. Changes to inflation redistribute real wealth and income between differe...

6th May 2014 by Guntram Wolff 4872 views

0 likes

# Publications

Japan and the EU in the global economy

Why is Japan a good case study to help Europe overcome the economic and ﬁnancial crisis that started more than ﬁve years ago? What can Japan learn from Europe’s experience? Japan and the EU are both open econ...

9th April 2014 by Guntram Wolff 216236 views

1 likes

# Publications

Europe’s social problem and its implications for economic growth

The European Union faces major social problems. More than six million jobs were lost from 2008-13 and poverty has increased. Fiscal consolidation has generally attempted to spare social protection from spending cuts, but...

1st April 2014 by Guntram Wolff 2505 views