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The public debt outlook in the EMU post Covid: A key challenge for the

The public debt outlook in the EMU post Covid: A key challenge for the

 This paper takes stock of the emerging public finance landscape in the (post-)crisis environment. It explores 10-year scenarios for economic growth and public finances in several EU countries, and discusses their implications for fiscal sustainability Read more

How to strengthen fiscal surveillance towards a medium-term focus?

How to strengthen fiscal surveillance towards a medium-term focus?

This paper will assess the characteristics and pre-conditions of the effective medium-term frameworks in the EU, drawing from national experiences. This contribution is particularly relevant in the context of the Recovery and Resilience Facility since its implementation is expected to result in a significant increase in investment projects over the next three years. Read more

The role of IFIs in assessing the sustainability of high public debt

The role of IFIs in assessing the sustainability of high public debt

Weakened growth along with automatic stabilisers and additional fiscal stimulus are leading to higher public debt levels as a result of the Covid-19 pandemic. This paper aims to assess the role of Independent Fiscal Institutions (IFIs), focusing on their public debt modelling.  Read more

A Practitioner’s Guide to Potential Output and the Output Gap

A Practitioner’s Guide to Potential Output and the Output Gap

Paper on Potential Output and the Output Gap estimates
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Report on Medium-Term Budgetary Framework

Report on Medium-Term Budgetary Framework

Report prepared on Medium-Term Budgetary Frameworks
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