CNBC: "ECB's Lagarde is living in a different movie"
ECB’s Lagarde is living in a different movie, former Ifo president saysWatch the video
Project Syndicate: The End of Free Money
Surging inflation across the European Union should be a clear signal to policymakers and central bankers that the time to stop financing public-debt binges was yesterday.Read more
Project Syndicate: The Japan Times: A Post-Merkel Post-Mortem
However one regards the outgoing German chancellor's 16 years in office, her departure marks the end of a political era. But, ultimately, rather than trying to steer events and public opinion, she too often allowed herself to be carried by them.Read more
EEA: Climate Change
Europe is on its way to become climate neutral by 2050. Key policy tools now on the table are an extension of the emission trading system to transport and heating, border adjustments and large investment packages.Watch the video
Project Syndiacte/The Japan Times: Europe’s Green Unilateralism
The European Union’s unilateral climate strategy will transform Europe into a trade fortress, encourage green protectionism worldwide, and give other regions the opportunity to develop using cheaper energy. Read more
Project Syndicate: Germany’s Ineffective Green Unilateralism
Unilateralism May 20, 2021 Hans-Werner Sinn Climate change is a serious problem for humanity, but ambitious unilateral action by governments is self-defeating and will achieve little. Read more
Project Syndicate/The Guardian: Europe’s Special Inflation Risks
If the economy recovers and fiscal stimulus turbocharges pent-up demand, a lot of bank credit could suddenly emerge from central bank money.Read more
With under-supplied vaccination facilities and overcrowded COVID-19 wards, the European Union is reaping what it sowed last summer when it decided to put the European Commission in charge of preordering vaccines. Read more