ECB
March 12, 2018
Europe

The ECB announces the end of the extraordinary monetary policies: the markets do not make a move, as does the spread. What if the quantitative easing has not been a “protective shield” for Italy then? What if it only contributed to change the composition of the Italian public debt, with only temporary effects on the risk premium? Doubts and non-mainstream clues

February 21, 2018
Europe | Open Society off en

With elections only a couple of weeks ahead, the tendency to bash the euro (and Europe) seems to have greatly diminished among all parties. But not bashing the euro and its rules is not enough, says Daniel Gros


January 29, 2018
Europe

Draghi’s quantitative easing has been a determining factor in breaking the ‘doom loop’ between weak banks and weak Countries. Now, after the extraordinary monetary policies, there is a development cycle stronger than before, as in the case of exports and capital flows

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