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Last but not the least

Following Bruegel’s end-of-year tradition, Giuseppe Porcaro invites Maria Demertzis, André Sapir and Guntram Wolff to review 2021 in economic policy and beyond, especially in pandemic preparedness, inflation as well as geopolitics. The guests also each introduce a...

12 Charts for 21

Year end is always the time for lists. There were hopes 2021 would be a year of recovery and emergence from the pandemic, but unfortunately this does not seem to be the case just yet. This year has also been marked by many other developments including rising...

How serious is Europe’s natural gas storage shortfall?

How serious is Europe’s natural gas storage shortfall?

Europe’s natural gas position is uncertain heading into 2022. Strong demand in the first half of 2021 did not allow for a significant build-up of gas reserves in storage facilities prior to the winter period. As a result, Europe has become particularly dependent on...

The Age of Unpeace: How connectivity causes conflict

Economic orthodoxy argues that the more connected two countries are, the less likely it is for conflict to arise. However, economic theory is starting to change regarding this premise. Guntram Wolff is joined by Mark Leonard, director of the European Council of...

mRNA vaccines: a lucky shot?

The author would like to thank Bruegel researchers for helpful comments. This paper was financially supported by Wellcome Trust, in the framework of the project High Level Independent Panel on Pandemic Preparedness, Prevention and Response. MRNA technology has proved...

Inflation ideology: camp permanent or camp temporary?

Inflation ideology: camp permanent or camp temporary?

This opinion piece was originally published in Het Financieele Dagblad, the Money Review section of Kathimerini, the Cyprus Mail and by the Cyprus Economics Society and is forthcoming in El Economista and Borsen Zeitung. The discovery of the latest Omicron variant of...