Eighteen states have activated the escape clause; the growth payoff of additional defence spending is small and the bill lands in 2029. Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies […]
Fiscal consolidation packages reduce approval, drive protests and raise the odds of a major government crisis – especially in downturns Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies (WIIW) Anna […]
EU co-legislators have reached an agreement on reforming EU fiscal rules. The key change will be to make the assessment of fiscal policy more long term and country specific, with debt sustainability analysis used as […]
Debunking the main Italy econ policy myths (“profligate government spending“, “no market-liberal reforms“, “Italians living beyond their means“). Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies (WIIW) Cross-posted from Philipp’s […]
Monetary policy-makers are using PEPP reinvestments to buy Italian government bonds while reducing the portfolio of German bonds Philipp Heimberger is an economist at the Vienna Institute for International Economic Studies (WIIW) This article originally […]
On 21 July, the European Central Bank decided to raise interest rates for the first time since 2011 in a bid to curb inflation. With further rate rises potentially on the horizon that climate protection […]
The pandemic-induced crisis has seen fiscal policy relaxed. Ill-evidenced orthodoxy must not be allowed to reinstate austerity. Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) Cross-posted from wiiw website Economists […]
Philipp recently published a new empirical study on whether higher public debt levels reduce economic growth. Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) This interview was originally posted in […]
Are EU economic instruments fit for purpose? Philipp Heimberger is Economist at the Vienna Institute for International Economic Studies (wiiw) Cross-posted from Philipp’s blog To subscribe to Philipp’s blog please click here Last week on […]
Public discourse about Italy is very distorted, and we should thrive to change it Tonia Mastrobouni is the Berlin correspondent, La Repubblica The original article in Italian in La Repubblica is here (paywall) Tonia Mastrobuoni […]
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