With little fanfare, the Eurogroup of 19 Eurozone finance ministries published in December its report detailing progress on how to strengthen and deepen the Economic and Monetary Union (EMU). Written…
Publications
The latest tariff debate between the United States and China, and between the US and the European Union, could give the impression that tariffs are the only impediment to global…
In less than 25 years, the Italian political system has experienced three watershed elections, an unmatched record among most (if not all) Western European democracies. In 1994, the entire Italian…
The Community of Advantage by Robert Sugden has just been published by Oxford University Press. The author is a professor at the University of East Anglia, a member of the…
Background to MIFID, MIFIR and EMIR Version 2 of the Markets in Financial Instruments Directive (MIFID II) is a particularly important piece of recent European Law due to the extent…
US President Donald Trump’s (in)famous tweet-storms have been used as anecdotal evidence of his volatility, anger, etc., but they are also an important source of policy information. After all, it…
Crises, shortages, and bad news are often dominating daily politics and media coverage. Under the radar of politics and media, however, highly desirable developments have been taking place. Among those…
WP 2018-11. Executive Summary.
IREF Newsletter
The Stand-off Between Italy and the EU is a Serious Threat to the Euro
by
Gordon Kerr
Why all the fuss? The nub of the dispute is Italy’s budget plans, which have been rejected by the European Commission (EC). The budget claims to increase public indebtedness by…
There exists more or less a consensus that the state must promote the arts. This exists even among many who know that state intervention brings market distortions, and it should…