# Blog

EU debt as insurance against catastrophic events in the euro area: the key questions and some answers

European Union debt can provide comprehensive insurance against the COVID-19 pandemic and can enable a macroeconomic response, even though EU debt is a liability for taxpayers in EU countries and therefore indirectly for...

25th April 2020 by Guntram Wolff 1321 views

# Blog, Interviews

A European approach to fund the coronavirus cost is in the interest of all

This opinion piece was originally published in El País and Corriere della Sera. To reduce the economic fallout from the coronavirus crisis, massive fiscal support will be needed. Without sufficient support, GDP will fall...

6th April 2020 by Guntram Wolff 1192 views

# podcast

The macroeconomic policy response to the COVID-19 crisis

From the European Stability Mechanism (ESM) to “coronabonds”, the EU seems to be struggling to find an appropriate mechanism to tackle the economic crisis created by the COVID-19 pandemic. What is really the ...

1st April 2020 by Guntram Wolff 1053 views

# Blog, Interviews

Europe needs a Covid-19 Recovery Programme

Our letter to the FT. The COVID-19 pandemic represents an unprecedented challenge for Europe’s healthcare systems, and a major shock for the continent’s economy. After the initial focus on the immediate crisis response m...

25th March 2020 by Guntram Wolff 2200 views

# Publications

An effective economic response to the Coronavirus in Europe

The COVID-19 pandemic represents a major shock to the global and European economy. Most European countries need to take bold quarantine and lock-down measures, as has been done in Italy, to prevent an explosion of the ep...

12th March 2020 by Guntram Wolff 1216 views