In his latest editorial for LUISS Open’s “A view from Brussels”, Daniel Gros analyses the effects of non-performing loans on the broader Italian credit and banking sector, with a specific reference to France and Germany, arguing that NPLs do not hamper the possibilities of economic growth
The last few days saw bitcoins reaching the record value of USD 11,000. Apart from this last peak, happening in a market that is proving quite volatile, currently between 9000 and 10000 US dollars are needed to buy a single unit of the most popular – not the only one – of all cryptocurrencies to enter a market worth roughly 170 billion dollars
According to a widespread belief, banks buying bonds of their own government can have a positive impact on the market, especially in order to stabilize a crisis. Daniel Gros argues, on the contrary, that this is not the case
A group of German and French intellectuals have put forward some proposals for the advancement of the Eurozone. But their ideas – comes the reply by a group of LUISS economists – is likely to aggravate the evils they intend to cure. An exchange of open letters on Le Monde and Faz followed
It is a common belief that Europe needs more investment, but not according to Daniel Gros: actually, less investments may indicate more growth
A mysterious inventor, whose identity is unknown. A new currency, issued not from a sovereign state but from a computer network and not controlled by banks or governments. A very short introduction to the $ 65 billion’s electronic currency.
Our country must grow up and can not continue to lay the responsibility of its low growth on others. Some suggestions on the subject of banks and public debt by Stefano Micossi
Romano Ferrari Zumbini presents some reflections on the European Union, its current status and future prospects. Drawn and adapted from a longer piece featured in the magazine “Il Mulino”
The world of finance is going through a period of change and taking a more ethical direction. Greater public awareness on issues of social responsibility and solidarity must in fact bring about the constructive adaptation of the financial sector
In an op-ed published on December 7, 2016 on “Corriere della Sera”, which is reproduced here, Enzo Moavero Milanesi argues that it would be wise for Italy to make constructive proposals at European level, with the aim of promoting growth rather than closing itself behind “vetoes” and ending up alone