Le blog du CEPII
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Euro area: deflation is the wrong debate

 PostMarch 6, 2014
By Natacha Valla
For a fact, measures of headline consumer price inflation have decelerated sharply over the recent past. At 0.8-1%; inflation hovers around levels that are clearly below the ECB’s flagship 2% medium-term objective.



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.

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