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Thinking ahead for Europe

News

Where is the European household sector in the deleveraging cycle?
One of many uncertainties still hanging over Europe’s economic recovery is how the household sector will cope with the debt reduction being sought. A decade-long trend of generous credit expansion is now going into reverse, but household deleveraging will take time and it will require continued policy support to prevent an abrupt retrenchment from debt, which could obstruct countries’ recovery.
The Sovereign Debt Crisis: Placing a curb on growth?
A new CEPS paperback explores the sovereign debt crisis and the various risks associated with the strategies adopted by developed countries governments to rebalance their budgets in the face of high debt burdens and modest growth prospects.
Stepping Up Growth Policies
In this CEPS Policy Brief, published in March, Stefano Micossi called upon the European Council to consider launching a new growth initiative, centered on mobilising vast resources at EU level for investment in worthy projects of common Europe-wide interest.
The Spanish Hangover
While conceding that some adjustment has occurred since Spain's housing bubble burst in 2008, Cinzia Alcidi and Daniel Gros find in a new CEPS Policy Brief that house prices and construction need to decrease even more to slow Spain's unsustainable accumulation of foreign debt.
Where is the European household sector in the deleveraging cycle?
One of many uncertainties still hanging over Europe’s economic recovery is how the household sector will cope with the debt reduction being sought. A decade-long trend of generous credit expansion is now going into reverse, but household deleveraging will take time and it will require continued policy support to prevent an abrupt retrenchment from debt, which could obstruct countries’ recovery.
The Sovereign Debt Crisis: Placing a curb on growth?
A new CEPS paperback explores the sovereign debt crisis and the various risks associated with the strategies adopted by developed countries governments to rebalance their budgets in the face of high debt burdens and modest growth prospects.
Stepping Up Growth Policies
In this CEPS Policy Brief, published in March, Stefano Micossi called upon the European Council to consider launching a new growth initiative, centered on mobilising vast resources at EU level for investment in worthy projects of common Europe-wide interest.
The Spanish Hangover
While conceding that some adjustment has occurred since Spain's housing bubble burst in 2008, Cinzia Alcidi and Daniel Gros find in a new CEPS Policy Brief that house prices and construction need to decrease even more to slow Spain's unsustainable accumulation of foreign debt.

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CEPS in the News

Spain ignoring mortgage losses to avoid bailout
Cinzia Alcidi in The Independent
Germany to Euro Zone: Do as We Say, Not as We Do
Daniel Gros in The Wall Street Journal
Spain Underplaying Bank Losses Faces Ireland Fate
Daniel Gros in Bloomberg
In Spain, we smell bond market blood
Cinzia Alcidi in Market Watch
EU Downturn Seen Worsening
Karel Lannoo in The Wall Street Journal
Europe May Need More Power to Deal With Bank Crisis
Daniel Gros in The New York Times
Whither Europe
Daniel Gros in International Herald Tribune
EU sets leaders’ date for growth battle
Daniel Gros in The News
Wat kan Europa doen om de groei te stimuleren? Weinig, is het eerlijke antwoord...
Daniel Gros in Express.be
ILO: Global Unemployment Situation 'Alarming'
Daniel Gros in Turkish Weekly
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Upcoming Events

Trust in Justice: How the European Social Survey can inform Policy
22 May 2012 - 10:00 - 13:00
U.S. Elections 2012 across the Atlantic: What it means for Europe
24 May 2012 - 18:00 - 19:30
Trading Peace: The EU and the Security-Business/Trade Nexus
30 May 2012 - 11:00 - 17:30
How can regulation improve EU competitiveness?
05 June 2012 - 12:00 - 14:30
Independence in Financial Services
06 June 2012 - 13:15 - 15:00
Investor Protection: Which Way Now?
07 June 2012 - 12:00 - 14:30

Recent Publications


The Sovereign Debt Crisis: Placing a curb on growth

Anton Brender, Florence Pisani, Emile Gagna
15 May 2012 , in CEPS Paperbacks

The Euro Crisis: Implications for the Internal Market and Harmonisation of Corporate Taxes
H. Onno Ruding
14 May 2012 , in CEPS Policy Briefs

A European Deposit Insurance and Resolution Fund

Dirk Schoenmaker, Daniel Gros
10 May 2012 , in CEPS Working Documents

How to Negotiate under Co-decision in the EU: Reforming Trilogues and First-Reading Agreements

Lukas Obholzer, Christine Reh
08 May 2012 , in CEPS Policy Briefs

In Search of Symmetry in the Eurozone
Paul De Grauwe
07 May 2012 , in CEPS Policy Briefs

Expanding Carbon Markets through New Market-based Mechanisms: A synthesis of discussions and submissions to the UNFCCC
Andrei Marcu
02 May 2012 , in CEPS Special Reports
All Publications

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  • Latest CEPS Commentaries
The Fading Rose of Georgia’s Revolution: Will elections bring fresh hope?

Hrant Kostanyan, Tika Tsertsvadze
14 May 2012
EU version of Basel III runs into trouble
Karel Lannoo
11 May 2012
Where is the European household sector in the deleveraging cycle?
Angelo Fiorante
10 May 2012
Europe’s Misguided Search for Growth
Daniel Gros
07 May 2012
Do the BRICS make a bloc?
Michael Emerson
30 April 2012
From Integration to Competition: Britain, Germany and the EU’s New Group Dynamics
Roderick Parkes
30 April 2012
Between a rock and the Multiannual Financial Framework
Jorge Núñez Ferrer
27 April 2012
The Big Easing
Daniel Gros
12 April 2012
The Ukraine Question
Michael Emerson
04 April 2012
How high the firewall? Potential peripheral financing needs

Alessandro Giovannini, Daniel Gros
30 March 2012
How not to be a lender of last resort
Paul De Grauwe
23 March 2012
Credit reporting: Towards better access to credit and protection for consumers
Elina Pyykko
13 March 2012

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