[フレーム] Skip to main content

Book COVID-19 EU Economic Architecture

Vox eBooks

Europe in the Time of Covid-19

edited by Agnès Bénassy-Quéré Beatrice Weder di Mauro

22 May 2020

There is no doubt that the Covid crisis represents a challenge for European unity and another crash test for the euro. This eBook brings together a collection of Vox columns proposing and analysing the appropriate responses to 'flatten the economic recession curve' and to safeguard the most impacted groups from the economic fallout of the health crisis.

Publication file

PDF document / 4.51 MB

Citation

Bénassy-Quéré, A and B Weder di Mauro (eds) (2020), ‘Europe in the Time of Covid-19‘, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

de Ruijter, A, R Beetsma, B Burgoon, F Nicoli and F Vandenbroucke (2020), ‘EU solidarity in fighting COVID-19: State of play, obstacles, citizens’ attitudes, and ways forward‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Costa-i-Font, J (2020), ‘The EU needs an independent public health authority to fight pandemics such as the COVID-19 crises‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Becker, B, U Hege and P Mella-Barral (2020), ‘Corporate debt burdens threaten economic recovery after COVID-19: Planning for debt restructuring should start now‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Boot, A, E Carletti, H Kotz, J Krahnen, L Pelizzon and M Subrahmanyam (2020), ‘Coronavirus and financial stability 3.0: Try equity – risk sharing for companies, large and small‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Boot, A, E Carletti, H Kotz, J Krahnen, L Pelizzon and M Subrahmanyam (2020), ‘Corona and Financial Stability 4.0: Implementing a European Pandemic Equity Fund‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Vandenbroucke, F, L Andor, R Beetsma, B Burgoon, G Fischer, T Kuhn, C Luigjes and F Nicoli (2020), ‘The European Commission’s SURE initiative and euro area unemployment re-insurance‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Fasani, F (2020), ‘Immigrant key workers in Europe: The COVID-19 response that comes from abroad‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Motta, M and M Peitz (2020), ‘EU state aid policies in the time of COVID-19‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Motta, M and M Peitz (2020), ‘The EU recovery fund: An opportunity for change‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Pradelski, B and M Oliu-Barton (2020), ‘Green bridges: Reconnecting Europe to avoid economic disaster‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Angeloni, I (2020), ‘European bank regulators aren’t yet doing what it takes‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Perotti, E (2020), ‘The coronavirus shock to financial stability‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Abad, J and J Suarez (2020), ‘IFRS 9 and COVID-19: Delay and freeze the transitional arrangements clock‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Gobbi, G, F Palazzo and A Segura (2020), ‘Unintended effects of loan guarantees during the Covid-19 crisis‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Bénassy-Quéré, A, R Marimon, J Pisani-Ferry, L Reichlin, D Schoenmaker and B Weder di Mauro (2020), ‘COVID-19: Europe needs a catastrophe relief plan‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Landais, C, E Saez and G Zucman (2020), ‘A progressive European wealth tax to fund the European COVID response‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Gros, D (2020), ‘EU solidarity in exceptional times: Corona transfers instead of Coronabonds‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Löyttyniemi, T (2020), ‘Coronataxes as a solution‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Bénassy-Quéré, A, A Boot, A Fatás, M Fratzscher, C Fuest, F Giavazzi, R Marimon, P Martin, J Pisani-Ferry, L Reichlin, D Schoenmaker, P Teles and B Weder di Mauro (2020), ‘A proposal for a Covid Credit Line‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Erce, A, A Garcia Pascual and R Marimon (2020), ‘The ESM can finance the COVID fight now‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Corsetti, G and A Erce (2020), ‘Maturity, seniority and size: Make sure the ESM’s pandemic crisis support is fit for purpose!‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Codogno, L and P van den Noord (2020), ‘COVID-19: A euro area safe asset and fiscal capacity are needed now‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Bini Smaghi, L (2020), ‘Corona bonds – great idea but complicated in reality‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Pröbstl, J (2020), ‘ESM loans or Coronabonds: A legal analysis from the German perspective‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Grund, S, L Guttenberg and C Odendahl (2020), ‘Sharing the fiscal burden of the crisis: A Pandemic Solidarity Instrument for the EU‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Bénassy-Quéré, A, G Corsetti, A Fatás, G Felbermayr, M Fratzscher, C Fuest, F Giavazzi, R Marimon, P Martin, J Pisani-Ferry, L Reichlin, H Rey, M Schularick, J Südekum, P Teles, N Veron and B Weder di Mauro (2020), ‘COVID-19 economic crisis: Europe needs more than one instrument‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Beck, T (2020), ‘The economic, political and moral case for a European fiscal policy response to COVID-19‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Horn, S, J Meyer and C Trebesch (2020), ‘Coronabonds: The forgotten history of European Community debt‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Garicano, L (2020), ‘Towards a European Reconstruction Fund‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Bordignon, M and G Tabellini (2020), ‘The EU response to the coronavirus crisis: How to get more bang for the buck‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Corsetti, G, A Erce and A Garcia Pascual (2020), ‘Perpetual bonds are not the best way to finance the European Recovery Fund‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Galí, J (2020), ‘Helicopter money: The time is now‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Giavazzi, F and G Tabellini (2020), ‘Covid Perpetual Eurobonds: Jointly guaranteed and supported by the ECB‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Yashiv, E (2020), ‘Breaking the taboo: The political economy of COVID-motivated helicopter drops‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Codogno, L and P van den Noord (2020), ‘COVID-19: OMT is second-best, but still welcome‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Kapoor, S and W Buiter (2020), ‘To fight the COVID pandemic, policymakers must move fast and break taboos‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Citation

Vihriälä, V (2020), ‘Make room for fiscal action through debt conversion‘, in Bénassy-Quéré, A and B Weder di Mauro (eds), Europe in the Time of Covid-19, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/europe-time-covid-19

Seminar

EMU Lab Seminar on Revisiting Subsidiarity

13 Oct 2025 at 17:00 in Online, France and online

EU Economic Architecture
Europe's nations and regions
EU institutions
EU policies
Institutions and economics
Politics and economics

European Economic Policy

Register now

VoxEU Column

Unintended consequences of lockdowns: Evidence on violence against women

9 Aug 2025

COVID-19
Gender

VoxEU Column

State aid in times of crisis: Lessons from COVID-19 support for firms in Italy and Spain

13 Jun 2025

COVID-19