The current crisis in the Economic and Monetary Union (EMU) was caused by strong divergences in wages, unit labour costs and prices resulting in member states running large current account surpluses and deficits. The European Council attempted to respond to this governance gap by adopting a...

CO2 -Abgaben wie Steuern und Zertifikate als Instrumente der Klimapolitik üben einen starken Effekt auf die gesamtwirtschaftliche Preisentwicklung aus. Eine insbesondere preisstabilitätsgerechte Rückgabe der CO2 -Einnahmen soll dazu beitragen, überschießende Reaktionen von Lohnentwicklung,...

While the euro officially came into being in 1999, it was the introduction of euro notes and coins 20 years ago in January 2002 that made the common currency a tangible reality for European citizens. The circle of member states has since grown from 11 to 19, and a growing section of the...

The current crisis in the Economic and Monetary Union (EMU) was caused by strong divergences in wages, unit labour costs and prices resulting in member states running large current account surpluses and deficits. The European Council attempted to respond to this governance gap by adopting a...

This year marks the 25th anniversary of the EU's Macroeconomic Dialogue (MED). Since entering its third decade, the MED has already faced two massive crises: the COVID-19 pandemic and the surge in energy prices. Yet European economic policymakers continue to face multiple macro-structural...

While the euro officially came into being in 1999, it was the introduction of euro notes and coins 20 years ago in January 2002 that made the common currency a tangible reality for European citizens. The circle of member states has since grown from 11 to 19, and a growing section of the...

This year marks the 25th anniversary of the EU's Macroeconomic Dialogue (MED). Since entering its third decade, the MED has already faced two massive crises: the COVID-19 pandemic and the surge in energy prices. Yet European economic policymakers continue to face multiple macro-structural...