As part of the Next Generation EU (NGEU) program, the European Commission has pledged to issue up to EUR 250 billion of the NGEU bonds as green bonds, in order to confirm their commitment to sustainable finance and to support the transition towards a greener Europe. Thereby, the EU is not only...

The European Commission's (EU Commission) Sustainable Growth Action Programme aims to transform national economies in the European Union towards a Green Economy. This is linked to the aspiration to achieve the EU climate protection goals and the Sustainable Development Goals of the United...

The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the diffi culties of some highly indebted European sovereigns to ascertain funding at palatable cost, the disconcerting fragility of the European banking system and disappointing growth prospects...

This paper develops the concept of generational imbalance within a broader framework of financial sustainability in the public sector, by evaluating the inter-generational financial dimensions and management performance and control implications of long-term societal demographic trends. We argue...