Bulgaria in the eurozone, when?
Bulgaria meets all the nominal convergence criteria, except the one of inflation. Dimitar Radev examines the benefits in joining the eurozone as quickly as possible
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Europe
How the new EU fiscal rules can succeed
The EU has enacted new rules that overhaul the Stability and Growth Pact. Lucio Pench considers the issues that need to be addressed to ensure the new fiscal rules succeed
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How to de-risk
The question is how exactly the EU should ‘de-risk’ its external economic relationships without foregoing the benefits of trade. Jean Pisani-Ferry, Beatrice Weder di Mauro and Jeromin Zettelmeyer discuss
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Innovation, integration and independence
Innovative, integrated and independent retail payments are crucial components of our monetary system. As payments transition into the digital era, Piero Cipollone discusses taking the Single Euro Payments Area to the next level
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Unlocking the power of ideas
The history of human progress has been defined by technological breakthroughs generated by ideas. Christine Lagarde argues we need the right conditions that allow them to reach their full potential
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Reforming EU innovation policy
Europe lags behind in innovation. Clemens Fuest, Daniel Gros, Philipp-Leo Mengel, Giorgio Presidente and Jean Tirole describe how its industry seems stuck in a middle-technology trap and argue that EU innovation policy should support disruptive innovation to break this path dependency
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The rocky road to EU accession
The Western Balkan countries are moving towards European Union accession. Armin Steinbach examines the obstacles and lessons from the Eastern Partnership
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“Know thyself”
Failure to meet the Paris climate goals poses economic challenges that have an impact on central banks’ work, argues Frank Elderson. To avoid mistakes, policymakers must address the resulting structural changes
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Not a ‘side dish’
Industrial policy is undergoing a major resurgence. Cristina Caffarra and Nathaniel Lane argue that getting Europe to improve performance will require a massive, concerted effort at national and EU levels
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The European defence industrial strategy
Europe needs to progress with the development of its defence industry. Guntram Wolff argues that the European defence industrial strategy helps to focus thinking but has significant flaws
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