Nicolas Véron

PIIE interview on AIG

Eitan Urkowitz interviewed me yesterday for the Peterson Perspectives webcast series, on the recent decision by the US Financial Stability Oversight Council to no longer consider the AIG insurance group as "systemically important." 

PIIE video on French election results

In this new video, Eitan Urkowitz quizzes me together with Jacob Kirkegaard about the outcome of the first round of the French presidential election, which Emmanuel Macron won with 24 percent of the vote, and about the implications for France and Europe. 

Interview on Brexit, the City of London, and the EU27

In this brief video interview with Eitan Urkowitz at the Peterson Institute, I answer questions on the likely impact of Brexit on the City of London and on the EU27 (EU minus UK), and what policy initiatives may be envisaged to prevent the worst outcomes.

Italian Banking Sector Fragility in the Wake of the UK Referendum

In this Peterson Perspectives Video with Pedro da Costa, I comment on the situation of the banking sector in Italy and how it has become a focus of attention following the UK referendum of June 23. 

Europe's Banking Union: Next Steps

Following a few technical problems I post very belatedly this interview by Pedro da Costa, in which I discuss the entry into force of important new bank crisis resolution legislation in the European Union and euro area on January 1, 2016. The EU has shifted to a model of "bail-in" (imposition of losses on creditors when a bank fails) from its earlier practices of systematic bail-out, but large uncertainties remain as to how this will work in practice. 

The Standoff between France and the EU on Fiscal Policy

Steve Weisman conducted a joint interview of Jacob Kirkegaard and me on the French budget and its possible non-compliance with European fiscal policy arrangements. This was posted yesterday on the Peterson Institute's website, in both audio and video formats. 

Game Change for France?

In a freshly recorded interview with Steve Weisman, I comment on today's announcement of a government reshuffle in France, especially the appointment of Emmanuel Macron to replace Arnaud Montebourg as Economics Minister. 

US Sanctions on BNP Paribas

In this Peterson Institute podcast interview with Steve Weisman, I comment on the recently announced settlement between US judicial authorities and BNP Paribas, and the French government's stance during the corresponding negotiation. 

GE's Bid on Alstom and Economic Nationalism

In this new podcast interview with Steve Weisman, I comment on GE's bid for Alstom's power operations, Pfizer's offer on AstraZeneca, and the ambiguities and ironies of economic nationalism and corporate nationality. 

France's Government Reshuffle

The composition of the new French government, led by Manuel Valls, was announced earlier today. In this interview by Steve Weisman, I try to identify the resulting prospects for economic policy. 

The EU Agreement on Bank Resolution

Last night, negotiators from member states and the European Parliament found a political compromise on the EU legislation creating a Single Resolution Mechanism and also unlocked the adoption of the Bank Recovery and Resolution Directive, which creates or harmonizes national banking resolution frameworks. I comment on the agreement, its importance, and its articulation with the ongoing review of European Banks by the ECB in this interview with Steve Weisman. 

Can Hollande Take On France's "National Champions"?

Following President François Hollande's state visit to the US last week, Steve Weisman quizzed me about France's reform prospects in this interview. My response boils down to identifying economic nationalism, and the extraordinary strength of government support of "national champions," as a key obstacle to economic openness, on which the government's thinking needs to change in order to unlock France's growth and employment potential. 

The Transatlantic Fallout from Edward Snowden

In this podcast interview by Steven Weisman, I comment on the reactions in Europe to the revelations on US eavesdropping on Europeans, and what that means for Transatlantic relationships. 

The Greek Prime Minister Visits President Obama

In this interview conducted by Steve Weisman at the Peterson Institute, I comment on the visit by Greek Prime Minister Antonis Samaras to the White House, and the current status of Greece's reform and adjustment process. 

The Tax and Avoidance Debate

In a two-part PIIE interview, Steve Weisman quizzed me about the debates on corporate and individual tax avoidance in the US, UK, continental Europe and elsewhere: click here for Part 1 and here for Part 2.

France in a Despondent Mood

In this interview by Steve Weisman at the Peterson Institute, I comment on the current gloomy atmosphere in France and its consequences for Europe.

Crisis in Cyprus

The Peterson Institute today published a two-part joint interview with Jacob Kirkegaard and me, moderated by Steve Weisman. We share views on the seriousness of the Cyprus crisis and its possible consequences. Click here for the first part, and click here for the second part.

Difficult Choices for Cyprus

In this new interview with Steve Weisman, I argue that imposing losses on depositors in Cypriot banks may be a risk not worth taking for the European Union - even after taking into account the unsavory nature of much past banking activity in Cyprus.

Italy's Election Results

In this interview by Steve Weisman, I give some early comments on Italy's election results and what they mean for Europe.

Interview on Montebourg vs. Mittal

The Peterson Institute today posted this interview by Steve Weisman, in which I comment on the iconic case of ArcelorMittal's closure of a plant facility in Eastern France and the reaction of the French authorities and public. 

Structural Reform in France?

This interview by Steve Weisman on France's difficulty to embrace structural reform was posted by the Peterson Institute two weeks ago. 

Two interviews: Eurozone crisis outlook, Banking Union

the Peterson Institute just published a new two-part interview of me by Steve Weisman: 

First part - I look at the policy outlook for the next few weeks and argue that the risk of major market dislocation is low at least until the US election. 

Second part - an update on the next steps for a European Banking Union. 

Europe's Quest for More Union(s)

In this two-part interview, Steve Weisman asks me about the future of the Eurozone and what I called Europe's "fourfold union" in my recent Senate testimony. 

Click here for the first part, and here for the second part of the interview. 

Spanish Banks, European Banking Union

In this two-part interview by Steve Weisman, I comment on the Spanish banking sector challenges in the first part, and on the current debate over European Banking Union in the second part. 

President Hollande's First Steps

In this interview by the Peterson Institute's Steve Weisman, I comment on the second round of the French presidential election and François Hollande's possible policy choices, and what it means for Europe.