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Marcello Minenna

Marcello Minenna is head of the quantitative analysis unit in Consob (the Italian Securities and Exchange Commission). He has taught quantitative finance at Bocconi University and at the London Graduate School of Mathematical Finance. He is a regular writer for the Wall Street Journal and Corriere della Sera and is a member of an advisory group which supports the economic analysis of the biggest Italian trade union, CGIL.

How The Oil Price Crash Is Wrecking Mario Draghi’s QE Effect

Marcello Minenna

2015 will go down as the year when the oil price crash did not result in a swift decline in oil output. At a first

The Incurable Japanese Syndrome And Europe

Marcello Minenna

For the fifth time in seven years Japan is back in recession, with GDP shrinking by a further 0.2% in the third quarter. Meanwhile, inflation

Managing The Economy Politically: Chinese Pitfalls

Marcello Minenna

After eight months of continued contraction, the Chinese manufacturing juggernaut is officially stranded. The rollercoaster ride of the summer of 2015 with its market crashes

New Countdown For Greece: A Bank Bail-in Is Looming

Marcello Minenna

The debt crisis may no longer be in the spotlight but the financial situation in Greece remains complex. Greek banks continue to survive at the

The Global Slowdown And the Narrowing Of The Fed’s Freedom Of Action

Marcello Minenna

On September 17, the Federal Reserve postponed again the decision – ‘announced’ many times in advance – to raise interest rates toward “normal” levels after eight

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New Edition - Social policy in the European Union: state of play 2025

Can Europe preserve its distinctive social model while simultaneously rearming, reindustrialising, and reorganising its economy in a more conflictual and competitive world? This is the central question raised in this new edition of the Bilan social, a reference publication released every spring for more than 25 years by the European Trade Union Institute (ETUI) and the European Social Observatory (OSE).

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Is financial resilience and trust in Europe faltering?

In this episode of Eurofound Talks, host Mary McCaughey and senior researcher Eszter Sandor unpack the results of the 2025 Living and Working in the EU e-survey. While headline inflation has stabilised at 2.1%, the data reveals a continent gripped by chronic precariousness, with 57% of respondents now at risk of depression. Mary and Eszter explore how this economic insecurity is impacting institutional trust and democratic engagement.

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Read the book "The open future and its enemies" 

A robust democracy must not leave the future in the hands of the alliance between Big Tech and the far right. AI must be politically reined in and democratically shaped so that humanity retains its sovereignty.

Artificial intelligence is regarded as the driving force of progress. Yet it has long since become a challenge to democracy. The book argues that uncontrolled AI will erode our freedom, self-determination and democracy.

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WSI Minimum Wage Report 2026

Minimum wage policy across Europe has shifted significantly, with many EU countries raising wages above average and anchoring them to adequate living standards. This trend is consolidating as countries increasingly adopt the reference values recommended in the European Minimum Wage Directive — recently upheld by the European Court of Justice.

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S&D Africa Days 2026

We are pleased to invite you to save the date for the S&D Africa Days 2026, taking place on 30 June and 1 July 2026, in Brussels. 

At a time when Africa is too often viewed through narrow and one-sided narratives, this initiative reflects a key political priority for the S&D Group: to advance a renewed, forward-looking partnership of equals between Europe and Africa based on equality, solidarity, social justice and shared progress. 

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“What is the actual purpose of the state?” – this central question is the focus of the analysis. At a time when bureaucratic processes are making life difficult for citizens, the paper proposes a three-part model. It aims at a conception of the state as a platform that helps society build the capabilities it needs to address its problems effectively.

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