Lucrezia Reichlin
Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School.
Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School.
France’s rejection of far-right populism has restored faith in the beleaguered EU, but the true test of the bloc’s staying power will be fiscal governance. While no one expects major reforms anytime s… read more
The EU's future may not be officially on the ballot in the upcoming Dutch, French, German, and Italian elections, but the results will certainly go a long way toward determining Europe’s fate. A victo… read more
Though the problems confronting Europe's banks are more acute for some countries and financial institutions, the sector runs on a level of profitability that is, on average, lower than its cost of equ… read more
The latest deal between Greece and its creditors is far from perfect, particularly because its emphasis on fiscal targets risks undermining structural reforms. But the deal can – and must – serve as t… read more
The current talks between Greece and its creditors show little will on either side to overcome the failures of the past five years: the "troika" maintains its myopic focus on fiscal austerity; Greece … read more
Over the last two years, European policymakers have been working to weaken banks’ grip on their sovereigns, introducing a Europe-wide supervisor and working toward a European resolution mechanism. But… read more
With populist movements gaining ground, their complaints about independent monetary policymakers could now change the relationship between central banks, treasuries, and legislatures. The question for… read more
