This Policy Contribution was prepared for the European Parliament’s Committee on Budgets (BUDG). The original paper is available on the European Parliament’s webpage (here). Copyright remains with the European Parliament at all times. The Next Generation EU (NGEU)...
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The New Euro Area Inflation Indicator and Target: The Right Reset?
On 9 November 2021, Zsolt Darvas, Bruegel Senior fellow, gave testimony to the Monetary Dialogue Preparatory Meeting of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) on the topic “The New Euro Area Inflation Indicator and Target: The...
Why is China cracking down on big tech?
This episode is part of the ZhōngHuá Mundus series of The Sound of Economics. ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe. Check the previous editions of ZhōngHuá Mundus Sign up for the...
Keeping the energy policy triangle in balance is key to reach net-zero
This piece was originally published in Corriere della Sera and El País and is forthcoming in Kathimerini, Le Monde and Rzeczpospolita. From the G20 in Rome to the COP26 in Glasgow, the global energy and climate conversation reveals a fundamental truth: everyone wants...
A new economic geography of decarbonisation?
The interactive map allows users to visualise the geography of carbon emissions arising from installations under the European Union Emission Trading Scheme (ETS) in 2019. This blog makes use of findings from the map, but the reader is encouraged to experiment for...
What to make of the EU-US deal on steel and aluminium?
The author thanks Alkiviadis Tzaras for excellent research assistance. During the G20 meetings in Rome and on the eve of the Glasgow COP26 conference, the European Union and United States announced with some fanfare that they had reached a deal over their...
The new euro area inflation indicator and target: the right reset?
This study was prepared for the European Parliament’s Committee on Economic and Monetary Affairs (ECON). The study is available on the European Parliament’s online database, ‘ThinkTank‘. Copyright remains with the European Parliament at all times. This paper clarifies...
Does money growth tell us anything about inflation?
Economists and central bankers no longer consider monetary aggregates relevant for inflation forecasts. We explain this neglect by advancing and testing the hypothesis that monetary aggregates are only relevant for inflation in unsettled monetary and inflationary...
COVID-19 financial aid and productivity: has support been well spent?
This Policy Contribution is an output from the MICROPROD project, which received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement no. 822390. The authors thank colleagues at Bruegel for valuable comments and...
The socioeconomic effects of COVID-19 on women
Following widespread vaccination campaigns, European economies are beginning to emerge from the depths of the recession caused by the COVID-19 pandemic. As billions are spent to accelerate the recovery and stabilise economic growth, it is important to highlight that...
The state of trade: the EU’s trade policy
Bruegel Director Guntram Wolff and Senior fellow Alicia García-Herrero welcome Bernd Lange MEP, Chair of the European Parliament’s committee on International Trade to talk big issues in EU trade policy: EU-US trade relation, how to deal with China, strategy on the WTO...
Elimination versus mitigation of SARS-CoV-2 in the presence of effective vaccines
Read the full article published in Lancet Global Health. By Miquel Oliu-Barton, Bary S R Pradelski, Yann Algan, Michael G Baker, Agnes Binagwaho, Gregory J Dore, Ayman El-Mohandes, Arnaud Fontanet, Andreas Peichl, Viola Priesemann, Guntram B Wolff, Gavin Yamey,...