The written press

Reuters: Investors ask if ECB has will and means to save euro from Italian turmoil

Le Point.fr: Voyage au coeur d’une forteresse financière

Wiener Zeitung: Ein Italiener ist Europas Mann am Geldhahn. Francesco Papadia

Il Sole 24 Ore: Papadia lascia la cabina di regìa BCE

Financial Times: Italian in the hot seat

FT Deutschland: Fünf Jahre Finanzkrise: Die Geister, die sie riefen

Die Welt: Die Menschen hinter dem Euro

Corriere della sera: Papadia, l’italiano che apre i rubinetti dell’ euro

Il Sole 24 Ore: L’Eurotower e le simmetrie della bassa inflazione

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Mobilising Central Bank Foreign Exchange Reserves
There is a disconnect between ever larger FX reserves at central banks and ever greater calls on national treasuries to finance the aftermath of the pandemic and the fight against climate change. It is time to stop hoarding reserves for tomorrow's crises and consider using them for today's. Continue reading
John Nugée and Gary Smith
The Mathematics of Covid testing
The mathematics of the various Covid tests, and where the clinicians set the trigger points for determining the outcome of any test, may seem a slightly obscure subject, replete with statistical terms such as Type 1 and Type 2 errors and Conditional probabilities. But the real life consequences of the mathematics are surprising, and for […]
John Nugée
Book review: Harold James on the Bank of England
In a new book on the Bank of England, Professor Harold James of Princeton University has set out to explore a formative two decades in the Bank's recent history, the 1980s and 1990s, and has done so mainly by considering the actions, intentions and limitations of the leading characters of the time. Continue reading
John Nugée