This long WSJ article provides an account of how the OMT programme was born – read it here.
This new IMF working paper by Bonhurst and Mody analyses the structural features of the German economy and highlights some key areas for reform – it is here.
I am delivering a public lecture on this topic in TCD this coming Friday night. (The date is significant). The subtitle is “A Tale of Two Liberalisations”. Details available here. The talk is open to all but prior registration of interest is encouraged.
This important IMF paper is a rich account of how external imbalances emerged in the euro area. A key policy issue it highlights is the importance of the external value of the euro as a key variable.
Check it out here.