Le blog du CEPII

The French should care about Karlsruhe

 PostFebruary 12, 2014
By Natacha Valla
Strikingly, the debate about the Feb 7 ruling of the German Constitutional Court against the ECB’s flagship OMT programme has gone almost unnoticed in France. This is wrong. The French should care about it.

Six pack: the case for a simplified scoreboard

 PostNovember 14, 2012
By Laurence Nayman, Sophie Piton, Agnès Bénassy-Quéré
In December 2011, the ‘six pack’ introduced a new surveillance procedure of macroeconomic imbalances at the European level. However, the ten indicators used for the early warning of imbalances do not seem much more relevant than the simple indicator of the current account balance.

Eurobonds: a way to act swiftly

 PostJune 5, 2012
By Agnès Bénassy-Quéré
The Eurozone is facing three intertwined and mutually reinforcing crises: a sovereign debt glut, banks’ financial fragility and dampened growth prospects. Further fiscal and political integration seems to be the only way to address these issues.

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