Oil price and final gas price in Italy – What’s missing in the equation?

A few days ago BRS Resources Ltd, an international oil and gas exploration and production company headquartered in Texas, promised to answer to a question I posted over the last Christmas holidays. Who can explain why, independently from oil prices, gas in Italy is always 1.8 €? Of course that "always" was rhetorical. I know that the … Continue reading Oil price and final gas price in Italy – What’s missing in the equation?

Perchè è necessaria un’unione bancaria?

 A version of this article was also published in Lo Spazio della Politica Il recente dibattito politico-economico europeo si è concentrato su un nuovo concetto che è stato presentato inter alia come uno degli strumenti risolutivi della crisi europea. Gia’ Wolfgang Munchau e Martin Wolff si sono espressi favorevoli all’idea di creare un’unione bancaria europea … Continue reading Perchè è necessaria un’unione bancaria?

Video: Adjustment in the euro area

The think tank Bruegel recently released the policy contribution entitled “Arithmetic is absolute: euro area adjustment”. This publication suggests that less inflation in Italy and more inflation in Germany are urgently needed to achieve rebalancing in the euro area. I was happy to interview the author of this policy contribution Guntram Wolff, deputy director of … Continue reading Video: Adjustment in the euro area