Mario Draghi’s appointment as prime minister of Italy has consequences that go way beyond his own country. The man who’s credited with saving the euro in 2012 has some very clear ideas about the future of the monetary union. As he returns to Europe’s top table, he has a chance to put them into…

As vaccination campaigns proceed at different speeds around the world, all governments face the same ethical dilemma: how to deal with those who’ve completed their immunization program. The pressure to give back their full personal and social liberties, and to let them contribute in full to the…

Just like clothes and food, macroeconomics has its fashions. The latest is for public debt. From the OECD to the International Monetary Fund, global organizations that traditionally supported fiscal restraint have become much more relaxed about sovereign borrowing. The argument is that debt…

Italy’s president has summoned Mario Draghi to ask him to lead the country, a task akin to cleaning the Augean stables. There are many reasons for skepticism: The nation is in the middle of a health and economic crisis. So are most places right now, but Italy is one of the most fragile members…

The European Commission’s fiasco over the vaccine rollout is above all else a terrible concern because of the potential cost in human lives. It also risks damaging Brussels’ reputation for technocratic competence with regard to its own citizens, giving fresh impetus to Eurosceptic forces. It may…

This is one of a series of interviews by Bloomberg Opinion columnists on how to solve today’s most pressing policy challenges. It has been condensed and edited. Ferdinando Giugliano: Along with other global leaders, you’re participating in the virtual World Economic Forum meetings. A major…

It’s hard not to look in dismay at the feeble start to the European Union’s Covid vaccination campaign. The bloc has only managed to administer about 8.9 million doses in total, according to the Bloomberg vaccine tracker, about two for every 100 citizens. The US and the UK are running at seven…

Income inequality is among the most hotly debated economic topics of our times. It’s also one of the most misrepresented. For years the left has condemned the widening disparities that followed the financial crisis. And yet, a recent paper showed the global income gap actually declined between 2008…

European countries have long prided themselves on their strong welfare states, including public-health systems. They are also convinced that the state has a big role to play in fostering the recovery after the pandemic. The painfully slow rollout of Covid-19 vaccines across the European Union is…