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

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

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

The Western Balkan countries are moving towards European Union accession. Armin Steinbach examines the obstacles and lessons from the Eastern Partnership

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

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