Europe needs a Covid-19 Recovery Programme

EUROPE NEEDS A COVID-19 RECOVERY PROGRAMME

This opinion piece was originally published in the Financial Times. The Covid-19 pandemic represents an unprecedented challenge for...

FACING THE LOWER BOUND: WHAT WILL THE ECB DO IN THE NEXT RECESSION?

In responding to the global financial crisis and its aftermath, the European Central Bank had to push its monetary policy into unchartered...

 
 
 

FROM G7 TO G20: PASSING THREE HOT POTATOES

What a difficult world to live in, especially for those who believe in international cooperation. In the light of a pandemic, each...

ESM CREDIT LINES, ‘CORONA-BONDS', EURO-AREA TREASURY, ONE-OFF JOINT EXPENDITURES: WHAT ARE THE OPTIONS FOR THE EU COUNCIL?

As the Covid-19 pandemic intensifies and now that Europe has become the epicentre of the pandemic, voices are being raised among EU...

 
 
 

CORONAVIRUS AND THE POLITICS OF A COMMON FISCAL INSTRUMENT

The economic challenge arising from the coronavirus crisis has multiple facets , including a supply-side shock, huge drops in demand...

BANKS AND LOAN LOSSES IN THE PANDEMIC TURMOIL

 
 
 

BANKS IN PANDEMIC TURMOIL

As the COVID-19 spread and policy reactions have disrupted markets, bankers on both sides of the Atlantic have called for relaxation...

HOW HAS THE MACROECONOMIC IMBALANCES PROCEDURE WORKED IN PRACTICE TO IMPROVE THE RESILIENCE OF THE EURO AREA?

The Macroeconomic Imbalance Procedure was introduced in 2011 as part of the ‘six-pack' reform of economic governance. It aims to identify,...

 
 
 

BIG DATA VERSUS COVID-19: OPPORTUNITIES AND PRIVACY CHALLENGES

Information that could be made available A great deal of COVID-19-relevant information is potentially available in the digital world. Users...

HOW CAN THE EU PREVENT OUR ECONOMIES FROM SHUTTING DOWN?

 
 
 

WHAT SHOULD BE DONE TO REDUCE EURO-AREA SPREADS?

As a result of an unfortunate declaration by European Central Bank President Christine Lagarde during the bank's 12 March press conference...

The case for a derivative market programme

THE CASE FOR A DERIVATIVE MARKET PROGRAMME

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

 
 
 
A letter to Santa, the G7

A LETTER TO SANTA, THE G7

This opinion piece was originally published in El País. Since the coronavirus outbreak became a pandemic, markets have plummeted. Global...

THE EFFECT OF DIGITALIZATION IN THE ENERGY CONSUMPTION OF PASSENGER TRANSPORT: AN ANALYSIS OF FUTURE SCENARIOS FOR EUROPE

Digital technologies have the potential to make the transport system more connected, intelligent, efficient, reliable and sustainable....

 
 
 

ONLY THE CORONAVIRUS CAN CONVINCE TRUMP OF THE VIRTUES OF INTERNATIONAL COOPERATION

Since the coronavirus outbreak has become a pandemic, global risk aversion has spiked driving the king safe asset, US Treasuries to...

AN EFFECTIVE ECONOMIC RESPONSE TO THE CORONAVIRUS IN EUROPE

The COVID-19 pandemic represents a major shock to the global and European economy. Most European countries need to take bold quarantine...

 
 
 
Uncoordinated policies behind market collapse

UNCOORDINATED POLICIES BEHIND MARKET COLLAPSE

This piece was originally published in the Asia Times. After more than a month of horrible news on the Covid-19 coronavirus outbreak,...

Three macroeconomic issues and Covid-19

THREE MACROECONOMIC ISSUES AND COVID-19

What is the balance between the negative aggregate supply and demand effects of the COVID-19 shock? What will be the effect on shares...

 
 
 
The cost of coronavirus in terms of interrupted global value chains

THE COST OF CORONAVIRUS IN TERMS OF INTERRUPTED GLOBAL VALUE CHAINS

The outbreak of the coronavirus in China threatens to affect the ability of European countries to produce. European production is very...

CORONAVIRUS: THE ECONOMIC PROGNOSIS

 
 
 



Cuomo on possible New York quarantine: 'I don't think it's legal,' would be...

Cuomo on possible New York quarantine: 'I don't think it's legal,' would be a 'federal declaration of war'

"It would be chaos and mayhem," Cuomo said. Read more ...

President considering short-term quarantine for New York, nearby areas

President considering short-term quarantine for New York, nearby areas

The president said he was considering some type of enforceable quarantine to prevent people in New York and parts of New Jersey and Connecticut from traveling. Read more ...

What's essential? In France: pastry, wine. In US: golf, guns

What's essential? In France: pastry, wine. In US: golf, guns

What, really, is essential? It's a question countries across the world are asking, and their answers are telling. Read more ...

Trump: I Might Just Quarantine 3 States

Trump: I Might Just Quarantine 3 States

President Trump said he was considering a quarantine as early as Saturday for coronavirus hotspots in New York, New Jersey, and Connecticut, though it wasn't clear whether he... Read more ...

Mystery diner leaves $10,000 tip at Florida restaurant

Mystery diner leaves $10,000 tip at Florida restaurant

The man's generosity meant 20 staffers at the restaurant each got an extra $500 just before they were laid off. Read more ...

Tornado watch issued for much of northern and central Illinois

Tornado watch issued for much of northern and central Illinois

A Tornado watch has been issued for most of central Illinois and Will, Kankakee, Grundy, Kane, Kendall, LaSalle and Dekalb counties until 2 a.m. Yellow shaded area shows... Read more ...

Residents of New York, New Jersey & Connecticut urged to avoid all...

Residents of New York, New Jersey & Connecticut urged to avoid all ‘non-essential' travel for 14 days - advisory

Citing “extensive community transmission” of the coronavirus in New York, New Jersey and Connecticut, a newly-issued domestic travel advisory has called on the residents to... Read more ...

LJ Figueroa to enter 2020 NBA Draft but may return to St. John's

LJ Figueroa to enter 2020 NBA Draft but may return to St. John's

St. John's hasn't lost any key contributors to the transfer wire, but there is a possibility the professional ranks could take away an important component. LJ Figueroa, the Red... Read more ...

Illinois infant with coronavirus dies, cause of death unknown

Illinois infant with coronavirus dies, cause of death unknown

An Illinois infant with COVID-19 has died, Gov. J.B. Pritzker said Saturday. The cause of death is unknown and an investigation is underway. Read more ...

US coronavirus death toll leaps to over 2,000 as number of fatalities...

US coronavirus death toll leaps to over 2,000 as number of fatalities DOUBLES in 2 days

Over 2,000 people succumbed to the deadly Covid-19 disease in the US, as the country has grown into the global epicenter of the pandemic with over 120,000 confirmed cases... Read more ...