European countries have, now for more than 6 decades, embarked into an unprecedented endeavour, full of risks and...

The package of ECB measures that its President presented on March 12th sort of disappeared from public attention,...

In recent years, the European Central Bank has been unable to raise inflation to a level consistent with...

This morning I was interviewed by Bloomberg about the recent big Pandemic Emergency Purchase Program (PEPP, we just...

This is an extended version of the post published on the Bruegel Website on January 27: https://bruegel.org/2020/01/libra-as-a-currency-board-are-the-risks-too-great/ Introduction...