European Commission to allow stablecoin interchangeability
The European Commission is set to clarify that the European Union’s crypto rules allow stablecoins issued by a company with an EU licence to be
Geopolitical risk in the euro area
Geopolitical risk is a key concern for the euro area, yet most available measures reflect a US perspective. This column introduces a new indicator of
Transatlantic clean investment monitor 4: electric vehicles
Electric vehicles (EVs) have grown from a niche technology to a mainstream industry in the space of a little over a decade. EV deployment is
Fiscal stagnation
Public debt-to-GDP ratios have climbed to historic highs in most advanced economies. This column studies the connection between productivity growth, fiscal policy, and public debt.
Radical novelties in critical technologies and spillovers: how do China, the US and the EU fare?
Critical technologies including artificial intelligence, semiconductors and quantum computing are attracting attention because of their indispensable nature and their role in national security strategies. We
Big news missing the big picture: Stock market performance in the news
The performance of stock markets often appears worse in the daily news than it actually is. This column argues that this negative news bias arises
Defence and climate: seven points for a common agenda
Faced with major security challenges, Europe is preparing to boost its defence capacity. To defend itself against Russia without the United States, Europe needs to
‘Home-grown’ innovation has costs as well as benefits
Many European leaders express concern, or even dismay, that Europe is unable to launch and grow its own tech giants like those in the US .
