Macroeconomics & the euro

The recovery fund faces a tricky passage

29 May 2020
The Commission's proposed recovery fund is macroeconomically meaningful. The 'frugals' should focus less on negotiating away the transfers to harder-hit countries, and more on how the money is spent.

Three ways COVID-19 will cause economic divergence in Europe

21 May 2020
Europe's economies will diverge further as a result of COVID-19, as the economic impact will be larger in Southern Europe. Fiscal transfers would help to restart the EU's 'convergence machine'.
A proposal for a coronabond: The Pandemic Solidarity Instrument

A proposal for a coronabond: The Pandemic Solidarity Instrument

Christian Odendahl, Sebastian Grund, Lucas Guttenberg
06 April 2020
The economic hit is so severe, and the demands on fiscal policy so high, that the EU needs to share the burden between stronger and weaker countries.

Can France and Germany steer Europe to success? Annual report 2019

06 February 2020
The CER's annual report features an essay on the state Franco-German friendship. It also describes some of the CER’s achievements in 2019, including the increasingly prominent role played by our Brussels and Berlin offices.

Conference report: Five challenges for Europe

16 December 2019
A new CER report summarises its 2019 Ditchley Park conference, which brought together 50 leading economists to discuss 'Five challenges for Europe'.

Germany should not run the ECB

23 May 2019
If Jens Weidmann became president of the European Central Bank (ECB), it would be more difficult to fight the next recession and prevent future crises. 

How to combat Europe's economic slowdown

25 January 2019
Europe is experiencing an economic slowdown at an exceptionally bad time, but has the tools to fight it and should use them soon.

Conference report: The politics of slow growth in Europe

19 December 2018
A new CER report summarises its 2018 Ditchley Park conference, which brought together 50 leading economists to discuss 'The politics of slow growth in Europe'.

Can the euro rival the dollar?

Christian Odendahl, Adam Tooze
04 December 2018
The international role of the US dollar is deeply entrenched. To change that, Europe – and Germany in particular – would need to rethink some core economic policies.

The accidental prime minister: What Spain's new government means for the EU

26 July 2018
Spain’s new government might not last long. But it could act as a catalyst for progress on the thorny issues of migration, eurozone reform and Catalonia.

Is Macron becoming isolated in Europe?

13 June 2018
Macron thinks the EU is not viable without radical reform. His priority is to reshape the eurozone, but Germany is blocking his bolder ideas. He risks isolation in Europe, which could weaken him at home.

On Brexit, TTIP and the City of London

30 May 2018
The EU was keen to include financial services in TTIP, the proposed trade agreement with the US. Is its reluctance to do so with the UK mere hypocrisy?

Brexit and the financial services industry: The story so far

Mark Boleat
27 March 2018
The City will survive Brexit, but it will not emerge unscathed. In order to remain competitive Britain’s financial services industry will need to adapt, as it has always done.

The fight for liberal values: Annual report 2017

Charles Grant, Ian Bond, Simon Tilford
06 February 2018
The CER's annual report features essays on the creation of the CER, the CER at 20, Brexit, economics and Donald Trump's impact on geopolitics, it also highlights some of our work on foreign and defence policy.

Italy after the election: From partner to spoiler?

30 January 2018
Italy's 4th March election is likely to be less consequential than many assume. But it will highlight the urgency of reforming the eurozone and better managing migration.

Conference report: How to save the EU

15 January 2018
50 leading economists, political scientists and experts on the EU considered the forces undermining the Union, and how Europe should respond to them.

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