Corrado Macchiarelli

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    How the Eurozone’s core versus periphery pattern evolved over time

How the Eurozone’s core versus periphery pattern evolved over time

EU flag, by GregMontani, under a CC0 licence
Have the reports about the death of the Eurozone been greatly exaggerated? How concerned should one be about the stability of the Eurozone? This column summarises a report we prepared for the European Parliament addressing this issue.

A good way to think about the Eurozone’s stability and cohesion (or asymmetry and imbalances, if […]

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    Quantitative easing: To deal with the root of the problem, the ECB should tackle non-performing loans

Quantitative easing: To deal with the root of the problem, the ECB should tackle non-performing loans

There were high expectations that during the 10 March 2016, the ECB’s Governing Council would extend its Quantitative Easing Programme. ECB chief Mario Draghi has in the past reiterated his readiness to adopt additional measures should the inflationary objectives not be reached by the upcoming meeting. With the Euro Area core inflation rate well below one percent, further monetary […]