In many OECD countries the fiscal system is based on progressiveness: those who earn more, pay a higher % in taxation. But is it the only possible model?Read More An alternative fiscal model
S&P’s, Moody’s, Fitch are rating agencies assessing the financial state of companies and countries. What does it mean? What role do they play?Read More What is the role of credit rating agencies in the economy?
Stock market keeps on growing after the crisis caused by the virus despite negative macroeconomics data. What is this optimism due to?Read More The pitfalls back of market growth
Investors should get used to distortions in the market every time we face a crisis. Going back in time, until the financial crisis in 2008, we learnt that interest rates
The covid-19 pandemic hit Europe violently. The new coronavirus, which infected the first human in the Chinese region of Hubei, is changing our lives, subverting the political and economic framework.
Dear readers, at this moment in history it is very difficult to keep a clear head and analyse facts with reason. It is difficult not to be influenced by natural
The covid-19 pandemic hit Europe violently. The new coronavirus, which infected the first human in the Chinese region of Hubei, is changing our lives, subverting the political and economic framework. In the initial phase, the response of the European countries was scarcely coordinated and, often, late. The impact of the
Dear readers, at this moment in history it is very difficult to keep a clear head and analyse facts with reason. It is difficult not to be influenced by natural concerns, which in some cases evolve into real family dramas. However, I believe that, today even more than yesterday, it
In the current environment of protracted uncertainty, the global economic growth outlook has significantly changed due to the COVID-19 effects. The whole economy is facing a series of fundamental macroeconomic and structural challenges which are leading to an impressive slowdown: the health crisis has quickly become an economic crisis and
The economic benefits directly related to the European Single Market are estimated at 8.5% of the EU GDP. These have generated an increase of the employment rate, creating 2.8 million jobs and stimulating the birth of 21 million new companies. The cornerstone of the European Single Market is the free
It is really difficult to explain the advantages of being within the European Union and the monetary union to those who have seen their wages remain the same in the last twenty years, when services and the cost of living have generally increased. Nevertheless, at Jeune Europe we believe it
The Single Supervisory Mechanism monitors banking activity to increase the solidity of the financial system. It reduces the risk of banks’ crises, which are threats for the economic stability of the single States and the entire Union. Mainly, the SSM checks and guarantees that the Euro-Area banks have enough liquidity
In Italy, the monetary union is often taken as a scapegoat for all the ills of the last twenty years. To verify the factuality of this criticism we must weigh the disadvantages of the single currency with the advantages. Furthermore, a critical effort to verify the counterfactual (i.e. what would
In the book, Cottarelli describes seven “sins” of the Italian economy, responsible of slowing down the country’s economic growth. I have found the book of particular relevance for both its objectivity and for the author’s clarity of thought. These seven sins can be divided into two categories, the
Depending on the information searched and the goals pursued, we can distinguish several types of budget statements. In this article, I will briefly refer to the final budget and the provisional budget to give an idea about the essential content of a public budget statement and about the role of
Like many other countries, Finland also fell in to recession after the financial crisis of 2007. As the number of employed people fell and it became increasingly difficult to keep up our public services, a lot of solutions were tried and suggested. One of the more ambitious ways of
