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Western European integration and Eastern European transformation

Hartwig, Karl-Hans; Welfens, Paul J. J. - In: Intereconomics : review of European economic policy 31 (1996) 4, pp. 170-180

The process of EU integration has intensified in the 1980s and early 1990s. The desire of a number of central and … eastern European countries to join the EU is often seen as a threat to the continuation of this process. How wide should the … radius of EU enlargement be? Which forms of integration would be appropriate between the EU and different subsets of ex …

Persistent link: https://www.econbiz.de/10011549215

Western European integration and Eastern European transformation

Hartwig, Karl-Hans - In: Intereconomics : review of European economic policy 31 (1996) 4, pp. 170-180

Persistent link: https://www.econbiz.de/10001202514

An interest stabilisation mechanism to unburden the ECB

Arnold, Ivo J. M. - In: Intereconomics : review of European economic policy 56 (2021) 5, pp. 274-277

Following the twin crises of sovereign debt and COVID-19, the ECB risks being stuck in a situation of fiscal dominance, in which monetary policy is subordinated to the needs of finance ministers. A strong post-COVID-19 recovery may increase inflationary pressures, requiring a shift towards a...

Persistent link: https://www.econbiz.de/10012672360

The activation conditions of the transmission protection instrument : flawed by design?

Arnold, Ivo J. M. - In: Intereconomics : review of European economic policy 58 (2023) 5, pp. 254-259

In 2022, the European Central Bank (ECB) introduced the Transmission ProtectionInstrument (TPI) to counter the risk of financial fragmentation following the normalisation ofmonetary policy. The ECB has specified conditions under which the TPI can be activated.This paper examines these conditions...

Persistent link: https://www.econbiz.de/10014422607

The effect of fragmentation risk on monetary conditions in the euro area

Arnold, Ivo J. M. - In: Journal of international money and finance 146 (2024), pp. 1-14

Persistent link: https://www.econbiz.de/10015075878