European Commission's proposal to issue up to €750 billion in EU debt to finance its recovery plan is a step in the right … strong grip on revenues. To be politically sustainable, similar central control would be needed in the EU. The treaty …-based EU framework is the closest to fulfilling these criteria with political accountability through the European Parliament …

United States, especially, do not separate economic interests from geopolitical interests in the same way the EU does. They … considers how the EU and its member states can better protect European economic sovereignty in a range of areas, including state … area, we recommend ways to improve the EU’s capacity to wield economic power, without advocating increased protectionism or …

the world. But the EU faces nevertheless formidable economic challenges. In the short-term, there is the potential for … strong macroeconomic weakening, resulting partly from uncertainty generated by the global trade conflict. The EU also has a … long-term growth and productivity weakness. Finally, the EU, especially the euro area, suffers from a lack of convergence …

issues is resolved. Under a good set of scenarios, the EU should persist on its current course with some significant … EU will have to contend with a possible break-up of the multilateral trading system, requiring the formulation of a Plan … B. The EU needs today to put in place its Plan B, not only to prepare for a far less favourable trading environment, but …

We study whether and to what extent EU countries implement recommendations on macroeconomic imbalances given by the EU … also study how EU recommendations on addressing macroeconomic imbalances compare to recommendations given by the … International Monetary Fund. Overall implementation of recommendations by EU countries has worsened in the last few years, in …

from the EU of the United Kingdom - home to the EU’s main capital market centre - makes the project even more relevant …. Although integrating and deepening capital markets has been a long standing goal of the EU, actual progress has been limited … development of EU capital markets. Although the European Council has repeatedly underlined the CMU’s importance, only a few of …

system-wide level. We recommend that EU finance ministers increase resilience of the financial system through regular … broader political discussion on the integration of the EU security architecture applicable to the financial system. This … financial infrastructure at the EU level. …

discrepancies between EU countries: countries with the same levels of house-price overvaluation have adopted very different … the next recession or reducing its impact, we argue that EU policymakers need to be better prepared to use discretionary …