Proposal: Budgetary instrument for the euro area

By June 2019, the Eurogroup had to come up with a concrete design for a budgetary instrument for the euro area - but as of February 2019, it was still absolutely unclear what it should look like. Our Policy Paper filled this void by offering a concrete and pragmatic proposal that would make the Eurozone function better.

Image: CC Hernan Pinera, source: flickr.com