Wednesday, February 10, 2016

Daniel Gros

Daniel Gros is Director of the Brussels-based Center for European Policy Studies. He has worked for the International Monetary Fund, and served as an economic adviser to the European Commission, the European Parliament, and the French prime minister and finance minister. He is the editor of Economie Internationale and International Finance.

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Euro coins
Economics 16

The Negative Rates Club

After years of quantitative easing and negative interest rates, it is becoming clear that these policies work as expected only in debtor economies, but have little effect in creditor economies. The re… read more

World Affairs 33

Schengen and European Security

In light of Europe's refugee crisis, not to mention last month's terrorist attacks in Paris, the core principle of a "Europe without borders" has come under attack. But, contrary to popular belief, re… read more

Euro bills.
Economics 15

The Eurozone’s Minsky Conundrum

Stubbornly low inflation has the European Central Bank worried. But its response – buying even more bonds and lowering its benchmark interest rate even further into negative territory – could backfire… read more

Graffiti in Berlin, Germany
Economics 15

The End of German Hegemony

Without anyone quite noticing, Europe’s internal balance of power has been shifting. Germany’s dominant position, which has seemed absolute since the 2008 financial crisis, is gradually weakening – wi… read more

Mario Draghi ECB/Flickr
Economics 7

The QE Placebo

It has now been nearly half a year since the European Central Bank declared its intention to buy some €1.1 trillion worth of eurozone government bonds. Contrary to the claims of the policy’s supporter… read more

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