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Miguel Otero IglesiasMiguel Otero Iglesias

International Political Economy at Elcano Royal Institute

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June 21, 2018 By admin

The eurozone isn’t ready for the next big shock

“This week’s Meseberg Declaration signed by Angela Merkel and Emmanuel Macron, although a step in the right direction, is part of a collective denial about what needs to be done. You don’t need to be a populist to recognize that Europe’s monetary union is dysfunctional and in dire need of more substantial reforms that those proposed by Germany and France.”

Miguel’s joint article with Raymond Torres on building a more resilient, future-ready, Eurozone is available to read on Politico.

Filed Under: Articles, Blog Posts Tagged With: economic growth, Eurozone, Meseberg Declaration, single currency

June 15, 2018 By admin

Beyond risk sharing and risk reduction: A Spanish view of EMU reforms

Deepening of EMU cannot wait until all countries have carried out all their domestic reforms, both risk sharing and risk reduction need to proceed simultaneously. In fact, all euro area countries are exposed to the risk of an incomplete monetary and economic union but with very asymmetric costs. This column, part of the VoxEU debate on euro area reform, argues that this risk can only be tackled with common instruments and policies at the European level, whose mere existence will reduce not only its magnitude but also its asymmetric consequences.


Miguel’s joint paper with Rafael Doménech and Federico Steinberg is available to read at Vox.org

Filed Under: Articles, Blog Posts Tagged With: EMEU, ESM, euro area reform, European Commission’s reflection paper, manifesto, Spain

June 6, 2018 By admin

Reflections on the Commission’s euro reflection paper: let’s get the sequencing right

Miguel’s Elcano Comments piece is a response to the European Commission’s reflection paper on the future reform of the European Economic and Monetary Union (EMU) paper. Available to read on the Elcano website. 

Filed Under: Articles, Blog Posts

May 18, 2018 By admin

Italia, por la senda griega

Miguel discusses Italy’s relationship with the Eurozone and how political economic factors – among others – affect this relationship. Available to read on the Elcano blog.

Filed Under: Articles, Blog Posts

May 9, 2018 By admin

The euro: an orphan who no longer needs his parents?

Miguel writes about Martin Sandbu’s Europe’s Orphan: the Future of the Euro and the Politics of Debt was the best book on the Eurozone crisis. Available to read on Elcano’s Blog.

Filed Under: Articles, Blog Posts

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