Antonio Fatas on the Global Economy

I have written before about the confusion that exists in the press about the interpretation of the excess reserves that commercial banks cu...

Mario Draghi disappointed markets yesterday by not offering a clear commitment to any concrete policy action to resolve the turmoil in Europ...

As the debate on the appropriateness of doing more fiscal and monetary stimulus continues, here is a reflection on something that I never un...

Can a monetary union work without being a fiscal federation? This has been a question that has been repeatedly asked since EMU became a proj...

UK GDP contracted faster than previously announced in the first quarter of 2012. What would the evolution of GDP have looked like during th...

Wolfgang Munchau in the Financial Times argues that competitiveness is not the real problem of Southern Europe and that internal devaluatio...

Since the launch of the Euro, there has always been a question about the benefits that Germany could enjoy of sharing a currency with other ...