The last intergovernmental agreement among 25 countries and the ESM Treaty will set the ground for greater institutional coordination on fiscal policies among euro area member st
Giovanni Calice, a professor at the University of Southampton, builds in this paper a new theoretical model for pricing of credit default swap (CDS) contracts with asymmetric col
This Commentary explores what will happen if Italy is not able to implement structural reforms and if international institutions, such as the EFSF and the IMF, do not intervene w
Although the drafts of MiFID 2.0, published on October 20th, follow largely what had been proposed by the CESR (Committee of European Securities Regulators) and the European Comm
As the Eurozone debt crisis reaches a turning point, ECMI Research Fellow Diego Valiante argues for a more organised intervention by the ECB to stop contagion through the creatio
The eurozone debt crisis is here to stay. Only stronger long-term actions, such as strengthening the single market, can provide relief.
Engagement between investors and public companies: Impediments and their resolution'addresses the question of stewardship (thoughtful ownership) in the UK and the European Union,
The sharp and widespread increase in most commodity prices has alarmed the world and raised questions around the sustainability of our economies.
Research Fellow Diego Valiante offers his insights into the motivations, potential synergies and implications of the proposed merger between NYSE Euronext and Deutsche Börse, whi
An outstanding conclusion to the work of the task force set by ECMI and CEPS on the review of the Markets in Financial Instruments Directive (MiFID), this report provides a gener
Karel Lannoo surveys the radical shift in bank capital requirements confirmed by the new Basel III Accord, with its focus on more and better quality capital, especially for the l
This report summarises the main results of a survey conducted by the European Capital Markets Institute (ECMI) during the period December 2009 - July 2010.
