This paper argues that Capital Markets Union - the EU's attempt to establish a more marketbased financial system - is a …

European Union countries are required by the EU Treaty to keep their budget deficits within 3 percent of GDP, and their … case EU countries' investment plans on aggregate do not fill the green public-investment gap, we recommend a new EU …

In this paper, we describe key problems of the current EU's fiscal framework and offer constructive alternatives to … fiscal policy must be in line with the reformed EU framework. …

with a set of recommendations for the fiscal governance of the EU. …

In this paper, we describe key problems of the current EU's fiscal framework and offer constructive options for its … be accompanied by strict conditionality that, in good times, the fiscal policy must be in line with the reformed EU …