Publications

The paper examines the institutional long-term care in Germany. With the introduction of the Long-Term Care Insurance (LTCI) in 1995, a wide range of benefits for long-term care at home and (since 199...chevron_right

Lax financial conditions can foster credit booms. The global credit boom of the last decade led to large capital flows across the world, including large movements of resources from the Northern countr...chevron_right

This paper outlines a new regulatory and institutional framework for multilateral and bilateral execution mechanisms of complex financial instruments, such as over-the-counter derivatives and fixed in...chevron_right

In this CEPS Commentary the authors assess the decision taken at the informal Eurogroup meeting on the 30th of March to raise the lending ceiling of the European Stability Mechanism/European Financial...chevron_right

What went wrong in the way the European Central Bank (ECB) designed its lender-of-last-resort operations? The decision of the ECB to delegate the decision to buy government bonds to panicked bankers h...chevron_right

Excessive leverage and risk-taking by large international banks were the main causes of the 2008-09 financial crisis and the ensuing sharp drop in economic activity and employment. World leaders and c...chevron_right

This CEPS Commentary finds that the Fiscal Compact signed on 2 March 2012 by all member states of the EU (except the UK and the Czech Republic) may be long on good intentions but is rather short on su...chevron_right

According to the author of this commentary, the real problem in Greece is no longer the fiscal deficit, but a combination of deposit flight and continuing excessive consumption in the private sector. ...chevron_right

The Eurozone is in recession and will show negative growth in 2012, notes Stefano Micossi in this new CEPS Policy Brief. Hopes that fiscal consolidation could spur growth by improving household and bu...chevron_right

The incumbent Russian President, Dmitry Medvedev, will formally transfer presidential powers to his successor in May. Yet the author argues that, in reality, his presidency is already over. The end of...chevron_right

This paper examines the European Commission's response to the Schengen controversies, namely the Schengen Governance Package published in September 2011. The Package is currently under negotiation in ...chevron_right

This study analyses the differences in growth performance and macroeconomic stability across Mediterranean countries, to draw lessons for the future. The main findings are that Southern Mediterranean ...chevron_right

Studying the 1995 EU-Turkey Customs Union (CU), this paper reveals that the CU has been a major instrument of integration of the Turkish economy into the EU and global markets, offering powerful tools...chevron_right

The aim of this report is to make projections of future use and supply of formal and informal care for different LTC systems. Using a standardized methodology, Projections are made up to 2060 for four...chevron_right

This paper describes the quality assurance system for long-term care services in Latvia. Policy planning for long-term care is undertaken by the Ministry of Welfare and the municipalities. Monitoring ...chevron_right