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."
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."
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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