Tag Archives: ESRB

Thank you Mr Bini Smaghi, but Fiscal Federalism is not Centralisation…

As I mentioned in an earlier post, Mr Lorenzo Bini Smaghi recently gave a speech where he addressed the issue of European Fiscal Union, at length. That post gave a pure report of the speech and made no efforts to … Continue reading

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Euro-zone update (4): Calls for Fiscal Federalism, More Stress tests and Structural funds

Many commentators have argued in favor of a fiscal union as the sole permanent solution to the present fiscal crisis of the EU, only to conclude it was politically impossible (see Martin Wolf and a many others in this article … Continue reading

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