Shahin Vallee

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    Five views: What we’ve learned from 20 years of the European Central Bank

Five views: What we’ve learned from 20 years of the European Central Bank

The European Central Bank was established 20 years ago today on 1 June 1998. To mark the anniversary, we asked five academics to give their views on the lessons learned from two decades of the ECB, and their predictions on what might lie in store for both the ECB and the euro over the next 20 years.

Paul De […]

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Currency risks have turned into default risks. To prevent such defaults, the Eurozone area must have a strong financial safety net.

In recent years, Eurozone governments have developed safety nets to deal with the economic and financial crisis, but these have been developed in a trial and error fashion.  Michiel Bijlsma and Shahin Vallee argue that we must build on the current European Financial Stability Facility and the European Stability Mechanism with further policies that will help to resolve the banking […]

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