Conventional direction to unconventional measures: using quantitative easing to shape Eurozone fiscal capacity

Eight years after the outbreak of the crisis, the Eurozone (EZ) fiscal policy remains fragmented at the national level. This paper fills the structural gap between the monetary and fiscal dimensions of EZ economic policy by suggesting a ‘conventional’ direction to the unconventional Quantitative Easing (QE) policy of the European Central Bank (ECB). We propose an evolution for QE to tackle the shortcomings of the current ‘decentralized’ fiscal policy in the EZ. In a nutshell, we suggest a change in the composition of QE asset purchases, focusing on buying European Investment Bank (EIB) bonds that, in turn, would be used to finance real investments through the Juncker Plan programme. The rationale of our proposal is legitimised by an overview of the gloomy macroeconomic conditions of the EZ, and the situation in ongoing policies. The mechanism is described in detail, with a discussion of both its strengths and possible limitations

Recommandations pour une gestion durable des eaux urbaines de la Senne et du Canal en Région bruxelloise

info:eu-repo/semantics/publishe

Integrated Monitoring of Heavy Metals

[Decision COM (2003) 338 final]. Editor: The Technical Working Group on Integrated Monitoring; Subgroup: Integrated Monitoring of Heavy Metals. Dec. 2003. Draft Appendix1: Information received from members of the Technical Working Group, 128pp. Report to DG ENV, Commission of the European Communities.info:eu-repo/semantics/publishe

Draft Baseline Report on Integrated Monitoring of Heavy Metals: Draft Interim report

in the framework of the European Environment and Health Strategy. [Decision COM (2003) 338 final]. Editor: The Technical Working Group on Integrated Monitoring; Subgroup: Integrated Monitoring of Heavy Metals; Report to DG ENV, Commission of the European Communities.info:eu-repo/semantics/publishe

Draft Baseline Report on Integrated Monitoring of Heavy Metals: Executive Summary

in the framework of the European Environment and Health Strategy. [Decision COM (2003) 338 final]. Editor: The Technical Working Group on Integrated Monitoring; Subgroup: Integrated Monitoring of Heavy Metals. Report to DG ENV, Commission of the European Communities.info:eu-repo/semantics/publishe

Draft Baseline Report on Integrated Monitoring of Heavy Metals

in the framework of the European Environment and Health Strategy. [Decision COM (2003) 338 final]. Editor: The Technical Working Group on Integrated Monitoring; Subgroup: Integrated Monitoring of Heavy Metals. Interim Report to DG ENV, Commission of the European Communities.info:eu-repo/semantics/publishe

Final SCALE Report on Actions and Recommendations for Integrated Monitoring of Heavy Metals under the framework of the European Environment and Health Strategy

(COM 2003)338 final)Produced by the DG ENV Technical Working Group on Integrated Monitoring – Biomonitoring of Children/The SCALE Initiative (Scientific evidence, focused on Children, meant to raise Awareness, improve the situation by use of Legal instruments and ensure a continual Evaluation of the progress made)56 p. and Annex, 129 pinfo:eu-repo/semantics/publishe