Financial integration is not the problem, writes Peter Bofinger. It is the still national segmentation of government bonds.| Social Europe
The remarks from the American president came after the US challenged its allies on Wednesday and increased tariffs on all steel and aluminum imports to 25 per cent. In retalition to this both Canada and the European Union imposed respective tariffs, ensuing a new kind of trade war at the global level| Firstpost
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.| European Central Bank
Peter Bofinger is professor of economics at Würzburg University and a former member of the German Council of Economic Experts.| Social Europe