Policy paper 211
Looking for the silver bullet – A guide to the ESM debate
The reform of the ESM has become a focal point of the debate on the future of economic and monetary union. Under the label of this reform, a wide variety of proposals is discussed: debt restructuring; a possible backstop for banking union; the future of crisis management; or even changing economic surveillance in the euro area.
This Policy paper, written by Lucas Guttenberg, Senior Research Fellow and Deputy Head of Research at the Jacques Delors Institut – Berlin, structures a debate which is too often all over the place and offers a guide through the proposals on the table.
SUR LE MÊME THÈME
ON THE SAME THEME
PUBLICATIONS
The Euro as seen by citizens who do not yet have it

Economic and Monetary Union: past and present

Es ist Zeit

MÉDIAS
MEDIAS
COVID19 crisis : “We need liquidity today and liquidity has to come from many sources”

Eurogroupe: “on peu trouver un accord si on met les drapeau de guerre de côté”

“L’Italia questa volta si gioca l’osso del collo”

Il faut “retrouver une courbe des taux qui permet de ‘pricer’ l’avenir”

Eulalia Rubio on European economic governance on RTVE

Mario Draghi on the single market and the eurozone : preaching in the desert

Mario Draghi : “The most important area where Europe can contribute positively to growth remains the single market.”

Mario Draghi calls for euro area fiscal instrument to fight crises.

Enrico Letta in Forces Magazine: “Pour une Europe renouvelée”

Enrico Letta in Challenges about the state of the European Union

Our report “Repair and prepare: growth and the euro after Brexit” in Géopolis

Our report “Repair and prepare: growth and the euro after Brexit” in Financial Times

Pascal Lamy on Le Parisien Magazine: “Faut-il sauver la peau de l’euro ?”

Our report “Repair and prepare: growth and the euro after Brexit” in Deutsche Welle

Our report “Repair and prepare: growth and the euro after Brexit” in Les Echos

Our report “Repair and prepare: growth and the euro after Brexit” in Il Sole 24 Ore

Our report “Repair and prepare: growth and the euro after Brexit” in Reuters
