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Published on Thursday, June 29, 2017 | Updated on Thursday, June 29, 2017

Fiscal Policy in Europe: Lessons from the Crisis and Options for the Future

Summary

We analyse fiscal policy in the Eurozone during the last crisis in order to obtain the main lessons for the current debate on how to strength the European Monetary Union. We show that the interaction between uncertainties on national policies of countries with macroeconomic imbalances and an incomplete monetary union.

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Presentation (PDF)

TR_RD_JMGP_EMU_lesons_and_options_29jun2017 vs

English - June 29, 2017

Authors

RD
Rafael Doménech BBVA Research - Head of Economic Analysis
JG
José Manuel González-Páramo
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