0 likes

# 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 8726 views

0 likes

# Publications

What drives national implementation of EU policy recommendations?

We use a newly-compiled dataset to investigate whether and why European Union countries implement the economic policy recommendations they receive from the EU. We find that implementation rates are modest and have worsen...

25th April 2019 by Guntram Wolff 1635 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 3004 views

# podcast

The Italian government budget proposal for 2019

Guntram Wolff welcomes Bruegel affiliate fellow Silvia Merler to evaluate the Italian government’s planned budget for 2019, in this Director’s Cut of ‘The Sound of Economics’ Six months after its election, Italy’s coalit...

28th September 2018 by Guntram Wolff 1739 views

# podcast

The drama of the EU and the euro area

I discuss with Ashoka Mody, visiting professor in international economic policy at Princeton University his latest book “Euro tragedy: a drama in nine acts”. We talk about the legacy of Helmut Kohl, the role...

28th June 2018 by Guntram Wolff 1867 views

# Blog

Griechenland braucht einen Neuanfang

This was first published by Die Zeit. Acht Jahre nach Beginn des ersten Hilfsprogramms für Griechenland ist es soweit – Griechenland soll wieder auf eigenen Füßen stehen. Die Eurogruppe soll heute das Ende des dri...

21st June 2018 by Guntram Wolff 1828 views

# podcast

What risk does Italy’s new government pose to the euro area?

I discuss here with Francesco Papadia, Bruegel senior fellow, the situation in Italy. The coalition agreement between Italy’s Five Star Movement and the League puts the country’s new government on a potential collision c...

24th May 2018 by Guntram Wolff 1950 views

# Blog

Germany’s Government Still Has an Allergy to Investing

The new coalition budget looks a lot like the old German coalition budget. My Bloomberg View column is here....

14th May 2018 by Guntram Wolff 1391 views

# Blog

Europe needs a broader discussion of its future

The important Franco-German paper leaves aside some of the most crucial issues for the future of Europe’s monetary union: European public goods, a proper fiscal stance and major national reforms. Its compromise on sovere...

6th May 2018 by Guntram Wolff 1749 views

# Blog

Regarding your new responsibilities, Mr Centeno…

Versions of this opinion piece were published in Negocios, Politico, Kathimerini and La Repubblica. Dear Mr Eurogroup president! Congratulations, you are taking on a challenging task. Not only will you have to look after...

29th January 2018 by Guntram Wolff 1686 views