From CARE Packages to Coronabonds: Will the EU Step Up?
The third coronavirus rescue package agreed last week by the U.S. Congress has a name that echoes: the CARES Act. Short for “Coronavirus Aid, Relief, and Economic Security,” it recalls …
Will the EU’s Climate Law Turn Europe Green?
In a few weeks, the European Union will unveil the long awaited European Climate Law, designed to “set the direction of travel for EU climate action, give predictability for investors …
Fiscal Stimulus for the European Economy: The Right Thing?
With weaker economic growth in Europe, the idea is being resurrected that European governments, or at least those with “enough fiscal space,” should stimulate their economies by increasing government debt …
Why Germany and the U.S. Should Embark on a Large-Scale Investment Program Now
In recent years, fiscal policy in Germany and the U.S. has diverged. In response to the financial crisis both countries implemented large stimulus programs, but over time the policy priorities …
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Support Our WorkThe Euro’s 20th Birthday: A Historical Perspective
The “euro” as a currency celebrated its 20th birthday on January 1, 2019. Like a typical millennial, the euro is the topic of many news stories, analyzing its dominance of …
The Lehman Lesson
Most people remember where they were when JFK was shot, or the Berlin Wall fell, or the Twin Towers were struck. Wars, assassinations, or natural catastrophes remain unforgettable among those …
The Open Door Swings Back: The Challenge of Chinese Investment
On 26 February, the Taurus docked at pier 3 in Greece’s rebuilt port of Piraeus. At nearly two hundred thousand tons, the ship is longer than four football fields and capable of …
Philipp Liesenhoff, AGSR Fellow
AGI is pleased to welcome Philipp Liesenhoff as an AGI/GMF Fellow with the American-German Situation Room in Washington, DC, until June 2018. In Germany, Philipp Liesenhoff works at the German …
Democratizing the Economic and Monetary Union
With the Eurozone emerging from years of economic crisis, the reform of the currency union is now in the limelight. After the “election year” in Europe, the reform momentum has …