If a dispute between an E.U. state and the European Central Bank (ECB) on one of its programmes could come to challenge the European Cour...

With fiscal policy hamstrung by public debt in both the E.U. and U.S., monetary policy was a major beneficiary of the financial crisis of...

Speaking at the World Economic Forum in Davos, Switzerland on January 25, 2013, Mario Draghi, president of the European Central Bank(ECB)...

Although the establishment of a federal regulator of major banks in the E.U. was as yet not approved by the European Parliament or ratifi...

On December 8, 2011, the ECB announced that it would loan 489.2 billion euros (c. $640 billion) at 1% interest to 523 E.U. banks for a thre...

Holding back additional transfers of governmental sovereignty from the state legislatures to the E.U.’s legislative chambers not only inevi...

The collection of essays comprising The E.U. Political Economy looks broadly at the E.U.'s federal system, with particular attention t...

Under the E.U.’s banking law enacted after the 2008 financial crisis, the state governments “are not supposed to inject fresh taxpayer mon...

Faced with the rise of anti-euro candidates for state offices throughout the E.U., Mario Draghi, the president of the E.U.’s central bank d...

Clarion calls of confrontation roiled through the E.U. after the state election in Greece on January 25, 2015. Would the E.U., heavily domi...

Even six years after the financial crisis of 2008, the limited scale  of  the E.U.’s capital markets relative to their American counterpart...

In remarks at Jackson Hole, Wyoming, European Central Bank president Mario Draghi urged greater fiscal and monetary coordination to boost t...

The European Central Bank did not place any limit on its program in which the bank purchases bonds of heavily indebted states so as to ke...

Wolfgang Schäuble, the German finance minister, raised additional concerns in April 2013 about a proposal to create a single banking supe...

Despite pressures from the appreciation of the euro, which had hit a 15-month peak of $1.3711 on February 1, 2013, Mario Draghi of the Eu...

On September 12, 2012, a psychological threshold was reached in the E.U. on the way toward “ever closer union.” That is to say, at the end ...

In September 2012, the European Central Bank unveiled the Outright Monetary Transactions program in which the central bank would purchase b...

“That the [ECB was being] forced [in 2011] to step into the power vacuum left by a fractious political class underscores the increasing cent...