Thomas Theobald and Silke Tober

Silke Tober is head of monetary-policy research and Thomas Theobold head of financial-market research at the Macroeconomic Policy Institute (IMK) in Düsseldorf.

Thomas Theobald and Silke Tober

EUR-bonds in the corona crisis and beyond

Thomas Theobald and Silke Tober 10th April 2020

Eurobonds are needed to anchor macroeconomic stability and offer a safe path out of the coronavirus storm.

Why We Need European Safe Assets

Thomas Theobald and Silke Tober 17th May 2018

It has become conventional wisdom that low and stable inflation contributes to economic stability and most central banks in the advanced nations pursue some type of inflation targeting (Svensson 1997). Less widely acknowledged, although arguably more intuitive, is the fact that low-risk government bonds also provide an essential stability anchor for market economies (DeGrauwe/Ji 2013). […]

S&D Position Paper on Cohesion Policy post-2027: a resilient future for European territorial equity”,

Cohesion Policy aims to promote harmonious development and reduce economic, social and territorial disparities between the regions of the Union, and the backwardness of the least favoured regions with a particular focus on rural areas, areas affected by industrial transition and regions suffering from severe and permanent natural or demographic handicaps, such as outermost regions, regions with very low population density, islands, cross-border and mountain regions.

READ THE FULL POSITION PAPER HERE

How are minimum wage levels changing in Europe?

In a new Eurofound Talks podcast episode, host Mary McCaughey speaks with Eurofound expert Carlos Vacas Soriano about recent changes to minimum wages in Europe and their implications.

Listeners can delve into the intricacies of Europe's minimum wage dynamics and the driving factors behind these shifts. The conversation also highlights the broader effects of minimum wage changes on income inequality and gender equality.

Listen to the episode for free. Also make sure to subscribe to Eurofound Talks so you don’t miss an episode!

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The Spring issue of The Progressive Post is out!

Since President Trump’s inauguration, the US – hitherto the cornerstone of Western security – is destabilising the world order it helped to build. The US security umbrella is apparently closing on Europe, Ukraine finds itself less and less protected, and the traditional defender of free trade is now shutting the door to foreign goods, sending stock markets on a rollercoaster. How will the European Union respond to this dramatic landscape change? .

Among this issue’s highlights, we discuss European defence strategies, assess how the US president's recent announcements will impact international trade and explore the risks  and opportunities that algorithms pose for workers.

READ THE MAGAZINE

WSI Minimum Wage Report 2025

The trend towards significant nominal minimum wage increases is continuing this year. In view of falling inflation rates, this translates into a sizeable increase in purchasing power for minimum wage earners in most European countries. The background to this is the implementation of the European Minimum Wage Directive, which has led to a reorientation of minimum wage policy in many countries and is thus boosting the dynamics of minimum wages. Most EU countries are now following the reference values for adequate minimum wages enshrined in the directive, which are 60% of the median wage or 50 % of the average wage. However, for Germany, a structural increase is still necessary to make progress towards an adequate minimum wage.

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EUR-bonds in the corona crisis and beyond

Why We Need European Safe Assets

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