# Teaching

Seminar: Economics of European Integration

I teach a seminar in the summer semester of 2024 on “The economics of European integration” at the University of Erfurt. Der Kurs findet als Block in Präsenz statt am 10. Mai: 13-19 Uhr 11. Mai: 9-15 Uhr 7. J...

4th March 2024 by Guntram Wolff 109 views

# Publications

Economic Effects of Bulgaria’s Eurozone Accession

In this policy brief, we provide evidence on potential economic effects for Bulgaria from joining the euro area. We focus on four economic channels we view as central to the country’s accession to the euro, namely inflat...

10th August 2023 by Guntram Wolff, Yoto Yotov, Jeffrey Nilsen, Plamen T. Nenov 159 views

# Interviews

Non si poteva più aspettare l’inflazione non è passeggera ma ora Roma sia responsabile

My interview in La Stampa(pdf) on the ECB and its dilemma...

17th June 2022 by Guntram Wolff 383 views

# Blog, Interviews

Beyond the G7 pledges, Ukraine needs external financial assistance now

This oped is published in a number of European newspapers such as El Pais, Corriere, FAZ, Le Monde, Postimees.ee, Voice of Ukraine The assistance to Ukraine has been dominated by weapon deliveries and military suppo...

31st May 2022 by Gabriel Felbermayer, Arancha Gonzalez, Moritz Schularick, Shahin Vallee, Guntram Wolff 1686 views

# Interviews

La corsa può durare per tutto il 2022 adesso la Bce deve dare un segnale

interview in La Stampa...

7th January 2022 by Guntram Wolff 374 views

# Blog, Interviews

The Independence of the Central Bank at Risk

This article was first published by Frankfurter Allgemeine Zeitung in German, Friday 29 May 2020. The ruling of the German Federal Constitutional Court (GFCC) of May 5 on the ECB’s monetary policy affects not only the re...

2nd June 2020 by Guntram Wolff 1687 views

# podcast

An analysis of the German Constitutional Court ruling on the ECB QE programme

The German Constitutional called today on the ECB to justify its bond-buying program. What does today’s ruling of the German Constitutional Court mean for the ECB’s QE program? Could such a decision open a pr...

5th May 2020 by Guntram Wolff 1043 views

# Blog

ESM credit lines, ‘corona-bonds’, Euro-area Treasury, One-off joint expenditures: What are the options for the EU Council?

A version of this piece was also published in French. As the Covid-19 pandemic intensifies and now that Europe has become the epicentre of the pandemic, voices are being raised among EU Member States in support of a comm...

26th March 2020 by Guntram Wolff 3164 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 1221 views

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# Publications

From climate change to cyber-attacks: incipient financial-stability risks for the euro area

The European Central Bank’s November 2019 Financial Stability Review highlighted the risks to growth in an environment of global uncertainty. On the whole, the ECB report is comprehensive and covers the main risks to eur...

7th February 2020 by Guntram Wolff 1378 views