In March, the European Commission released its Europe 2020 strategy proposal, which strives for smart, sustainable and inclusive growth and greater policy coordination between the EU and national governments. While the document was greeted with scepticism in some quarters, others believe it lays...

Credit rating agencies have come under increased scrutiny since the financial crisis. Their failure to recognise the threats to the financial system prior to the crisis coupled with their steady downgrading of European sovereign debt has led to much criticism, especially from European...

Brexit means Brexit, or out means out — and that includes the UK's exit from the single financial market. With financial services accounting for about eight per cent of the country's GDP, it is understandable why the UK attaches immense importance to retaining access to the EU's single market....

More than other EU 'Unions', the proposed Health Union requires proper definition because the EU's competences are limited in this domain.

The idea of a golden rule has recently been relaunched in the framework of the debate on the European Green Deal.

After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise. Price pressures are now increasingly broadening to...

Despite the experience of the ongoing sovereign debt crisis, European banks continue to hold large amounts of bonds from their home governments. This ties the fates of the sovereign and the banks together, leading to the disruptive self-reinforcing feedback loops that brought the euro area to...