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This note analyzes the CO2 footprint of households in 10 European economies, adding to direct emissions their indirect ones through input-output analysis and detailing their structure by product. Thus, the analysis makes it possible to describe patterns and relevant factors for climate change mitigation policies.
The European Banking Authority (EBA) launched its stress tests for European banks on January 31. This two-year exercise will involve 51 European Union (EU) banks, including United Kingdom-based banks, with 2020 being a transition year following Brexit.
The prevalence of highly Euroskeptic ideas in the UK throughout the Brexit process has been a constant surprise in Europe and these ideas are an example of how cultural and political biases are sometimes imposed on economic logic.
Brexit negotiations are speeding up and they are becoming incredibly complex, both from the technical point of view - how to make each side’s red lines compatible - and the political point of view - how to get the final agreement passed by the …
Finalisation of Basel III: what comes next?. Funding in resolution. Regulation is coming: pending issues. New STS securitisations in Europe. Strengthening the Banking Union. Adapting the organisation to the digital era. U.S. financial regulatio…
The main sources of uncertainty that have hung over Europe in recent times, such as Brexit or the wave of populism and anti-European parties, are starting to disappear, or at least have moderated. Moreover, the economic outlook has improved and we are seeing an acceleration of the economy.
A few weeks ago the majority of analysts were saying that Theresa May’s real motive in calling early elections in the UK was to strengthen her majority against the hardest wing of her party. This would have enabled her to accept “softer” conditions in a possible agreement on Brexit.
Following the triggering of Article 50 of the Treaty of Lisbon in March, the United Kingdom's exit process has formally begun. However, there is still significant uncertainty. It is not clear, for example, whether or not the UK can reach a new …
The European Commission presented its White Paper on the future of Europe. It draws five different scenarios: business as usual, retreat to a pure single market, a variable geometry union, a more efficient union, and a deeper union. The paper c…
Cuando el pasado 23 de junio el Reino Unido decidió su salida de la Unión Europea, se puso en marcha un proceso complejo, largo y de consecuencias hasta cierto punto desconocidas, pero del que sí existe una certeza: los efectos económicos serán…
La cumbre europea de la semana pasada en Bratislava no ha sido vista como un éxito en el camino a la construcción europea, y con razón, pero al menos muestra cómo avanzará previsiblemente el proceso de integración europea en los próximos trimestres, condicionado por el brexit y por los procesos electorales en países importa…
The financial markets reacted violently to the UK’s decision to leave the EU and had an impact on several variables, but overall things went as could be expected and we can even say in an orderly fashion. As expected, the pound plummeted (11%), consistent with a current account deficit and a low growth outlook.
