Replacing Recession and Austerity with Growth and Solidarity Across Euroland

The euro-area crisis has exposed a number of deep structural flaws of monetary union. This column explains how to stop the crisis and to re-launch European integration in a way that supports economic growth and enhances solidarity across Euroland, in the spirit of both the “Europe 2020” strategy and the European Economic Recovery Plan aimed […]

Green Growth After Debt? Euroland Needs a Different Golden Rule

The euro area urgently needs growth perspectives. While the OECD and other international organizations advocate a green growth strategy, at the moment the euro area contributes mostly to the greening by shrinking its economy. In this column we argue in favour of a classic “golden rule” rather than the one proposed by the fiscal compact. […]