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7 février 2012
This breakfast seminar will be a discussion on Europe in the global economy. The presentation by Pascal Lamy will be followed by a Q&A session chaired by Jean Pisani-Ferry. The world is suffering unprecedented economic and monetary turbulence with Europe at the epicentre of many of them. (...)
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7 février 2012
Bruegel would like to invite you to attend a presentation and discussion on energy market developments in the United Kingdom. This event is part of a Bruegel event series entitled: “Energy and Climate Exchange series 2012: member states energy market developments.” This will be a monthly series (...)
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6 février 2012
We analyse corporate balance sheet adjustment episodes in Germany and Japan, as well as a sample of 30 countries, using national account data. Corporate balance sheet adjustment tends to be long lasting and associated with a strong impact on current accounts, wages and investment. Adjustment (...)
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6 février 2012
The crisis has underlined the strong interdependence between the euro-area banking and sovereign crises. To understand the role domestic banks have played in holding sovereign debt, a breakdown of government debt by holding sectors is required. The data shows that at the start of the crisis, (...)
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6 février 2012
There are three ways to read the eurozone's focus on austerity. The first is that its leaders genuinely think that the current crisis is rooted in non-observance of the stability pact. But it is hard to believe that this could apply to countries such as Spain or Ireland, which always stuck to (...)