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investment in the EU. With these, this step would create a re-insurance framework to help euro-area countries absorb large shocks …. We consider a review of the EU budget and additional resources as conditions for this scenario. A system of check and …
Persistent link: https://www.econbiz.de/10011584151
Quantitative easing (QE) affects banks’ profitability in three main ways. First, as QE drives up bond prices, banks holding such bonds see their balance sheets strengthened. Second, QE reduces long-term yields and thereby reduces term spreads. With this, the lending-deposit ratio spread falls,...
Persistent link: https://www.econbiz.de/10011584166
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 …
Persistent link: https://www.econbiz.de/10012200629
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 …
Persistent link: https://www.econbiz.de/10012255506
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 …
Persistent link: https://www.econbiz.de/10012025345