Macro-financial disconnect in the euro area: Assessing tail risks to euro area growth and equities
The euro area is experiencing a combination of low growth and persistently high policy uncertainty, but financial conditions are remarkably supportive and valuations now look
The European Union needs more than the digital omnibus to make digital services competitive
European Commission plans to streamline digital rules introduce new inconsistences and fall far short of transformative reform. The European Commission’s digital and artificial intelligence omnibus
Simplification without disempowerment: Rethinking the Digital Omnibus Regulation
The European Commission’s Digital Omnibus Regulation Proposal represents a major attempt to streamline and rationalise Europe’s increasingly complex digital regulatory landscape. This column argues, however,
Why EU innovation policy fails to promote disruptive innovation
Europe’s long-term prosperity depends on its ability to generate and absorb disruptive innovation. This column argues, however, that the European Commission’s proposed 2028–2034 Multiannual Financial
Trailing with a margin: Official macro forecasts in EU fiscal surveillance
Budgetary planning in the euro area involves a codified interaction between national governments and the European Commission where economic and fiscal forecasts play a crucial
The case for delaying the application of the EU’s carbon border levy to electricity
The inclusion of electricity in CBAM creates more problems than it solves; ways should be found to exempt it. The European Union is set to
Innovation in the digital economy architecture: Ensuring regulatory simplification drives innovation and growth
Over the last decade, the EU has pioneered a world-leading framework for digital governance, but the result has been an increasingly complex regulatory landscape and
Assessing the Commission’s Multiannual Financial Framework proposal: First-order principles
Since the European Commission’s 2028-34 Multiannual Financial Framework proposal in July, much has been written about its ambitions, the levels of funding involved, and its
Swedish household debt is not too high: Look at solvency and liquidity, not debt to income
The Swedish authorities and international organisations often claim that household debt poses a threat to financial and macroeconomic stability, with reference to a high debt-to-income
Strategic autonomy for Europe requires economic growth
The current US administration’s willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. This column, taken from a CEPR book
