Until the early 1990s, the discussions on fiscal policy primarily centered on the functions of economic stabilization, income redistribution and resource allocation. Long-term growth was not usually viewed as an end itself, and fiscal policy was often not sufficiently tailored to the different...

Conventional wisdom has calcified around the belief that the countries in the eurozone periphery are in trouble primarily because of their governments' allegedly profligate ways. For most of these nations, however, the facts suggest otherwise. Apart from the case of Greece, the outbreak of the...

The Commission proposed a multi-annual plan for the fisheries exploiting demersal stocks in the western Mediterranean. The supporting Impact Assessment (IA) did not provide enough details on the socio-economic impacts of the plan in the countries affected by the proposal. The complementary IA...