The euro area suffers from a relative lack of euro-denominated safe assets. Tilman Bletzinger, William Greif and Bernd Schwaab evaluate the prospects of EU-issued bonds for becoming a supranational euro-denominated safe asset
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Hanno Lustig argues that there is a clear self-interested fiscal rationale for Europe to invest more in its own defence, starting by stepping up its aid to Ukraine
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Reconciling international subsidy rules with industrial decarbonisation. David Kleimann argues that environmental subsidies could be justified
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Bruno Conte, Klaus Desmet and Esteban Rossi-Hansberg argue that it is time to take a serious look at carbon taxes as they are less costly than you thought
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David Kleimann, Niclas Poitiers, André Sapir, Simone Tagliapietra, Nicolas Véron, Reinhilde Veugelers and Jeromin Zettelmeyer argue that the EU should respond to the Inflation Reduction Act by pursuing broader aims such as a speedy decarbonisation and a broader development policy
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Simone Tagliapietra, Georg Zachmann and Jeromin Zettelmeyer argue that a EU gas price cap would be counterproductive, but the reasons why it is supported widely must be addressed
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The G7 Russian oil price cap is an ambitious but untested instrument. Ben McWilliams, Simone Tagliapietra and Georg Zachmann argue that, despite pitfalls, the cap has the potential to be the most of potent sanctions
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Ursula von der Leyen in her annual State of the Union speech outlines the European Union’s main political priorities for the next working year
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Simone Tagliapietra, Georg Zachmann and Jeromin Zettelmeyer argue that an EU energy fund is justified, but for different reasons than commonly assumed, with implications for the fund’s design
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Franz Mayer, Jean Pisani-Ferry, Daniela Schwarzer and Shahin Vallée consider the European Political Community and argue that it could act both as a bridge to an eventual larger EU and as a framework for continental-scale partnership
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