An Open Letter to Members of the European Council
March 19, 2020
The Covid-19 crisis will make or break the Eurozone.
The ECB has said they will do whatever it takes. They have signalled they will use whatever monetary policies they can to finance and support the fiscal effort.
No member state should have to seek a bailout or sign a Memorandum of Understanding (MoU) to access emergency EU funding. This is a European crisis. It requires a European solution.
Rather than have each member-state issuing their own debt to fund their fiscal efforts, we call on the European Council to agree a common Eurobond.
We need a common debt instrument in order to mutualize the fiscal costs of fighting this crisis. Now is time for action. Now is the time for solidarity. It is time for Eurobonds.
Yours sincerely,
Aidan Regan, University College Dublin
Mark Blyth, Brown University
Matthias Matthijs, Johns Hopkins University
Thomas Piketty, Paris School of Economics
Kathleen R. McNamara, Georgetown University
Catherine E. De Vries, Bocconi University
Lucia Quaglia, University of Bologna
David Soskice, London School of Economics
Fritz Scharpf, Max Planck Institute for the Study of Societies
Andrew Moravcsik, Princeton University, Princeton, NJ/Sanguineto, Umbria, Italy
Anke Hassel, Hertie School, Berlin, Germany
Amy Verdun, Leiden University and University of Victoria BC
Simon Tilford, Forum New Economy, Berlin
Cornelia Woll, Sciences Po, Paris
Ben Ansell, Nuffield College, University of Oxford
Manuela Moschella, Scuola Normale Superiore
Swen Hutter, Freie Universität Berlin
Lucio Baccaro, Max Planck Institute for the Study of Societies
Waltraud Schelkle, London School of Economics
Peter A. Hall, Harvard University
Gabriel Zucman, UC Berkeley
Philipp Heimberger, Vienna Institute for International Economic Studies
Daniela Gabor, UWE Bristol
Engelbert Stockhammer, King’s College London
Vivien A. Schmidt, Boston University
Stefanie Walter, University of Zurich
Sergio Fabbrini, Luiss University Rome & Harvard University
Brigid Laffan, European University Institute
Abraham Newman, Georgetown University
- Daniel Kelemen, Rutgers University
Nicolas Jabko, Johns Hopkins University
Henry Farrell, George Washington University
Gary Marks, European University Institute & UNC Chapel Hill
Jonas Pontusson, University of Geneva
Hanspeter Kriesi, European University Institute, Florence
Bob Hancke, London School of Economics
Colin Hay, Sciences Po, Paris
Liesbet Hooghe, European University Institute & UNC-Chapel Hill
Bruno Palier, Sciences Po, Paris
Jonathan Hopkin, London School of Economics
David Woodruff, London School of Economics
Leonard Seabrooke, Copenhagen Business School
Elliot Posner, Case Western Reserve University
Angelo Martelli, London School of Economics
Daniel Mügge, University of Amsterdam
Abby Innes, London School of Economics
Julia Lynch, University of Pennsylvania
James Caporaso University of Washington
Alexandre Afonso, Leiden University
Erik Jones, Johns Hopkins University
Ronald B. Davies, University College Dublin
Stephen Kinsella, University of Limerick
Fabio Bulfone, Max Planck Institute for the Study of Societies
Emiliano Grossman, Sciences Po, Paris
Dorothee Bohle, European University Institute, Florence
Roland Erne, University College Dublin
Stefano Sacchi, Polytechnic University of Turin
Björn Bremer, Max Planck Institute for the Study of Societies
Benjamin Braun, Institute for Advanced Study, Princeton
Cornel Ban, Copenhagen Business School
Martin Höpner, Max Planck Institute for the Study of Societies
Natascha van der Zwan, Leiden University
Alison Johnston, Oregon State University
Orfeo Fioretos, Temple University
David Howarth, University of Luxembourg
Andreas Dür, University of Salzburg
Eleni Tsingou, Copenhagen Business School
Shawn Donnelly, University of Twente
Stefano Pagliari, City, University of London
Daniel Mertens, University of Osnabrück
David Hope, King’s College London
Scott James, King’s College London
Jacqueline Best, University of Ottawa
Julian Limberg, King’s College London
Dario Guarascio, Sapienza University of Rome
Martin Rhodes, University of Denver
Jonathan Zeitlin, University of Amsterdam, The Netherlands
Klaus Armingeon, University of Zurich
Giovanni Dosi , Sant’Anna School of Advanced Studies, Pisa
David Natali, Sant’Anna School of Advanced Studies, Pisa
Muhammed Hussain, University of Nottingham
Jonathan Perraton, University of Sheffield
Rachel Epstein, University of Denver
Mattias Vermeiren, Ghent University
Klaus Armingeon, University of Zurich
Philipp Genschel, European University Institute, Florence
Andrea Roventini, Scuola Superiore Sant’Anna
Louis W. Pauly, University of Toronto
Leonello Tronti, Roma Tre University
Niccolo Durazzi, University of Edinburgh
Mark Copelovitch, University of Wisconsin – Madison
Redmond Scales, University College Dublin.
Jorge Tamames, University College Dublin
Francesco Nicoli, University of Ghent
Francesco Corti, University of Milan and CEPS
Elsa Massoc, Goethe University
Sebastian Diessner, European University Institute
Luigi Marengo, LUISS University, Rome
Frédéric Mérand, Université de Montréal
Kevin McParland, Department of Humanities, Dundalk Institute of Technology
Antonella Palumbo, Università Roma Tre, Italy
Paolo Pini, Università di Ferrara, Italy
Aleksandra Sojka, Carlos III University of Madrid
Miguel Otero-Iglesias, Elcano Institute/IE University, Madrid
Pablo Beramendi, Duke University
Nils Redeker, Jacques Delors Centre Berlin
Eoghan McConalogue, Dublin City University
Katarina Juselius, University of Copenhagen, Denmark
Diana Burlacu, Newcastle University
Alan Kirman, Ecole des Hautes Etudes en Sciences Sociales, Paris
Francesca Pia Vantaggiato, King’s College London
Lídia Brun, Université Libre de Bruxelles
Milada Anna Vachudova, University of North Carolina Chapel Hill
Gregory W. Fuller, University of Groningen
Donato Di Carlo, Max Planck Institute for the Study of Societies
Servaas Storm, Delft University of Technology, The Netherlands
Ferdi De Ville, Ghent University, Belgium
Ugo Marani, Università Orientale, Naples, Italy
Dustin Voss, London School of Economics
Mai’a K. Davis Cross, Northeastern University
Mauro Gallegati, Università Politecnica delle Marche, Italy
Elena Cefis, University of Bergamo, Italy
Jean Paul Fitoussi, SciencesPo Paris and Luiss, Rome
Ignacio González, American University, Washington DC
Zsófia Barta, University at Albany, SUNY
Simona Piattoni, University of Trento, Italy
Stephanie Hofmann, Graduate Institute of International and Development Studies, Geneva
Massimiliano Mazzanti, University of Ferrara, Italy
Marie Moran, University College Dublin
José A. Noguera, Universitat Autònoma de Barcelona
Anton Hemerijck, European University Institute
Lorcan Sirr, Technological University Dublin
Andrew Baker, University of Sheffield
Paul Sweeney, former Chief Economist Irish Congress of Trade Unions
Gennaro Zezza, Università di Cassino e del Lazio Meridionale, Italy
Tena Prelec, University of Oxford
Sergio Cesaratto, University of Siena
Susanne Lütz, Fernuniversität in Hagen, Germany
Antoni-Italo de Moragas, CUNEF, Madrid, Spain
Joseph Lacey, University College Dublin, Irelland
Jorge Bielsa Callau, University of Zaragoza
Giliberto Capano, University of Bologna
Pedro González de Molina Soler, IES Mercedes Labrador
Daniel Noble Stairs, University College Dublin
Gianfranco Baldini, University of Bologna
Susanna Mancinelli, University of Ferrara, Italy
Jana Grittersova, University of California, Riverside
Reto Bürgisser, University of Zurich
Gianfranco Franz, University of Ferrara
Maurizio Ferrera, University of Milan
Corrado Macchiarelli, National Institute of Economic and Social Research
Marco Vivarelli, Catholic University, milano
Marco Albertini, University of Bologna
Federico Toth, University of Bologna
Ben Tonra, University College Dublin
Gabriel Goodliffe, Instituto Tecnológico Autónomo de México
Milan Babic, University of Amsterdam
Sean Phelan, Massey University, University of Antwerp
Ignacio Hernández-Morato, Columbia University. New York
Davide Schmid, Manchester Metropolitan University
Maria Hernandez de Benito, Georgetown University
Filippo Andreatta, University of Bologna
Nicoletta Pirozzi, Istituto Affari Internazionali
Marina Costa Lobo, Institute of Social Sciences at the University of Lisbon
Yakov Feygin, The Berggruen Institute
Steffen Murau, Boston University
Nick Taylor, Goldsmiths, University of London
John Morris, University of Warwick
Nina Eichacker, University of Rhode Island
Brian Lucey, Trinity College Dublin
Shaen Corbet, Dublin City University
Maximilian Krahé, Académie royale de Belgique and UC Louvain
Charles Larkin, University of Bath, UK
Franklin Iheanacho, Value Institute, ChristianaCare
Patrick Llerena, BETA, University of Strasbourg
David Adler, European University Institute
Jens van ‘t Klooster, KU Leuven
Cédric Koch, WZB Berlin
John D’Attoma, University of Exeter
Kai Koddenbrock, University of Frankfurt
Dirk Ehnts, Technical University of Chemnitz
Sabrina Ragone, University of Bologna
Francisco Louçã, University of Lisbon
Nik de Boer, University of Amstem
Amílcar Moreira, University of Lisbon
Ben Rosamond, University of Copenhagen
Mauro Napoletano, Sciences Po Paris
Miguel Lebre de Freitas, Universidade de Aveiro
Marija Bartl, University of Amsterdam.
Maurizio Franzini, Sapienza University of Rome
Pablo Gracia, Trinity College Dublin
Riccardo Leoncini, University of Bologna
Rune Møller Stahl, University of Copenhagen
Esperanza Montalvo. University of Zaragoza
Francesco Saraceno, Sciences Po Paris and Luiss University Rome
Joerg Bibow, Skidmore College
Davide Antonioli, University of Ferrara
Nicholas Mulder, Cornell University
Fabian Pape, University of Warwick
Frank Vandenbroucke, University of Amsterdam
Krzysztof Brzezinski, Oriel College, University of Oxford
Fabio Franchino, University of Milan, Italy
James Wood, Trinity Hall, University of Cambridge
David Rinaldi, FEPS and Université Libre de Bruxelles
Chris Anderson, London School of Economics
Felice Roberto Pizzuti, Sapienza University of Rome
Federico Maria Ferrara, University of Geneva
Alexander Kentikelenis, Bocconi University
Esther Dweck, Federal University of Rio de Janeiro
Maria Weimer, University of Amsterdam
Oliver Levingston, Sciences Po, Paris
Juan Carlos Moreno-Brid, UNAM, Mexico
M Kerem Coban, GLODEM, Koc University, Turkey
Neil Warner, London School of Economics
Rui Cerdeira Branco, Economist
Konstantinos Achilles Kanellopoulos, The University of Manchester
Tal Sadeh, Tel Aviv University
Christina Eckes, University of Amsterdam
Dorota Szelewa, University College Dublin
Evangelos Liaras, IE University
Bernhard Ebbinghaus, University of Oxford
Pieter de Wilde, Norwegian University of Science and Technology
Ronen Mandelkern, Tel Aviv University
Christopher Wratil, University College London
Federico Fabbrini, Dublin City University
Stefano Lucarelli, Università degli studi di Bergamo
Mattia Guidi, University of Siena
Bernardino Leon Reyes, Sciences Po, Paris
Laurent Bach, BETA, University of Strasbourg
Yann Thommen, BETA, University of Strasbourg
André Lorentz, BETA, University of Strasbourg
Jamel Saadaoui, BETA, University of Strasbourg
Laëtitia Dillenseger, BETA,University of Strasbourg
Sıla Öcalan-Özel, BETA, University of Strasbourg
Emre Özel, BETA, University of Strasbourg
Antoine Bureth, BETA, University of strasbourg
Guido Ortona, Università del Piemonte Orientale
Andrea Ventura, Università di Firenze
Stefan Wallaschek, University of Hildesheim
Theresa Kuhn, University of Amsterdam
Patrick Paul Walsh, University College Dublin
Juliet Johnson, McGill University
Jérémy Picot, BETA, University of Strasbourg
Kevin Denny, University College Dublin.
Christopher Smith Ochoa, University of Duisburg-Essen
Tobias Arbogast, Deutsche Bundesbank
Christopher Starke, University of Düsseldorf
Nils Köbis, University of Amsterdam
Franz Lüthi, University of Strasbourg
Aneta Spendzharova, Maastricht University
Amélie Barbier-Gauchard, BETA, Strasbourg University
Salvatore Biasco, Università di Roma, La Sapienza
John Crowe, Technological University Dublin
Rémy Guichardaz, BETA, University of Strasbourg
Timo Seidl, European University Institute, Florence
Jia LIU, BETA, University of Strasbourg
Martin Heneghan, University of Nottingham
Sean McDaniel, Manchester Metropolitan University
Matthew Donoghue, University College Dublin
Ana Gomes, diplomat, exMEP, Lisbon, Portugal
Brendan K. O’Rourke, TU Dublin, Ireland
Mikko Kuisma, University of Tübingen, Germany
Tim Vlandas, University of Oxford
Marco Capitão Ferreira, University of Lisbon
Alexandre Cotovio Martins, Instituto Politécnico de Portalegre
Michele Alacevich, University of Bologna
Elena Cefis, University of Bergamo
Benjamin Leruth, University of Groningen,
Jacques Mazier, University of Paris
Marion Béchet, University of Strasbourg
Martial Libera, University of Strasbourg
Thierry Burger-Helmchen, University of Strasbourg
David Madden, University College Dublin
Claire Mainguy, University of Strasbourg
Damian Tobin, University College Cork
Enrico Andreoli, University of Verona
Ken Dubin, IE Business School
Olga Pindyuk, Vienna Institute for International Economic Studies
Nathalie Dumax, BETA, University of Strasbourg
Katharina Zimmermann, University of Hamburg,
Christel Koop, King’s College London
Michele Fenzl, University of Zurich
Joscha Wullweber, University of Witten/Herdecke
Emmanuel Muller, University of Applied Sciences Kehl and University of Strasbourg
Iacopo Mugnai, University of Warwick
Patrick Doyle, University of Manchester
José Barros Costa,EE, Portugal
Tom McDonnell, NERI and Maynooth University, Ireland
John O’Brennan, Maynooth University
Marco Brianti, Boston College
Dionyssis Dimitrakopoulos, Birkbeck
Aleksandrs Cepilovs, Tallinn University of Technology
Bastian Becker, University of Bremen
Niamh Hardiman, University College Dublin
Aoife Ryan, University College Dublin
Roberto Ciccone, Roma Tre University
Michele Chang, College of Europe
Sheila Killian, University of Limerick
Andrea Pritoni, University of Turin
Matthias Thiemann, Sciences Po
Julien Mercille, University College Dublin
Seán Ó Riain, National University of Ireland Maynooth
Henk de Vos, University of Groningen (retired)
Maurizio Pugno, University of Cassino
Adrian Sinfield, University of Edinburgh
John MCCourt, University of Macerata
Michael Breen, Dublin City University
Jane Gingrich, University of Oxford
Francesco Ferrante, University of Cassino and Luiss
Jonne Kamphorst, European University Institute
Max Kiefel, London School of Economics
Igor Guardiancich, Sant’Anna School of Advanced Studies
Enrico Sergio Levrero, Roma Tre University
Rodolphe Dos Santos Ferreira, University of Strasbourg
Simon Otjes, Leiden University
Rubén Ruiz-Rufino, King´s College London
Matteo Nicolini, University of Verona and Newcastle University
Éidín Ní Shé, University College Dublin
Mirjam Dageförde, Humboldt University Berlin and Science Po Paris
Francesco Nicolli, University of Ferrara
Patrick Leblond, University of Ottawa
Dave Banks, University College Dublin
Gemma Scalise, University of Bergamo
Carolin Müller, Hamburg Institute for Social Research
Pedro Ponte e Sousa, Universidade Portucalense
Daniel Seikel, Institute of Economic and Social Research (WSI) of the Hans-Böckler-FoundationHubert Zimmermann, University of Marburg
Luigi Burroni, Università di Firenze
Massimo D’Angelillo, Genesis Bologna
Annamaria Simonazzi, Sapienza Università di Roma
Samuele Bibi, Goldsmiths University
Dominik A. Leusder, London School of Economics
Manos Matsaganis, Polytechnic University of Milan
Rosangela Lodigiani, Università Cattolica del Sacro Cuore, Milano
John Bosco Conama, Trinity College Dublin.
Carlo D’Ippoliti, Sapienza University of Rome
Alessandro Pellegata, Università degli Studi di Milano (Italy)
Marco Veronese Passarella, University of Leeds, UK
Mark Setterfield, New School for Social Research, US
Adam Leaver, University of Sheffield
Pavlos Roufos, University of Kassel
Luís Mah, ISEG – Universidade de Lisboa
Alessandro Somma, La Sapienza University of Rome (Italy)
Annette Bongardt, CICP University of Évora
Francisco Torres, Católica Lisbon School of Business and Economics
Declan J. Walsh University College Cork
Ricardo Summa, Federal University of Rio de Janeiro
Eladio Febrero, University of Castilla-La Mancha, Spain
Wim Muller, Maastricht University
Nicolò Fraccaroli, University of Rome Tor Vergata
Scott Carter, The University of Tulsa, Oklahoma, USA
Breno Roos, Federal University of Rio de Janeiro
Lefteris Tsoulfidis, University of Macedonia, Thessaloniki
Harvey Gram, Queens College, City University of New York
Steven Pressman, Colorado State University
Michalis Nikiforos, Levy Economics Institute
Mona Ali, State University of New York
Adrien Fabre, Paris School of Economics
Philippe Gillig, University of Strasbourg
Ceyhun Elgin, Bogazici University & Columbia University
João Seixo, Nova School of Business and Economics
Mary Kaltenberg, Pace University
Angelos Chryssogelos, London Metropolitan University and Chatham House
Lucía Valencia Zúñiga, The New School for Social Research, US
Ivan Ota, VP at a reinsurance company (Zurich) & Volt Switzerland
Ettore Gallo, The New School for Social Research
Louis-Philippe Rochon, Laurentian University
Fulya Apaydin, Institut Barcelona d’Estudis Internacionals
Caroline Bhattacharya, University of Helsinki
Adrian Sinfield, University of Edinburgh
Fernando Pellerano, Universidad Autónoma de Santo Domingo
Valeria Skafida, University of Edinburgh
Anna Pettini, University of Florence
Valentino Parisi, University of Cassino and Southern Lazio
Matthew Wall, Swansea University
Emanuele Citera, New School for Social Research
Pietro Terna, University of Torino
Dimitris Tsarouhas, Bilkent University
René Cuperus, University of Amsterdam
Marco Ranaldi, The Graduate Center, City University of New York
Amit Roy,The New School for Social Research, US
Luiza Nassif Pires, Levy Economics Institute
Isabella Weber, University of Massachusetts Amherst
Eric Lonergan, M&G Investments
Susan Pashkoff, Global Institute for Sustainable Prosperity
Timothy Hicks, University College London
Declan Jordan, University College Cork, Ireland
Marcello Graziano, Central Michigan University
Marc Lavoie, University of Ottawa and University of Paris 13
Fernando Pellerano, Universidad Autónoma de Santo Domingo
Alen Toplišek, King’s College London
Andrea Pareschi, University of Bologna
Roberto Marchionatti, University of Turin
Gregor Semieniuk, University of Massachusetts Amherst
Pier Domenico Tortola, University of Groningen
Dimitri D’Andrea, Università di Firenze
Timur Ergen, Max Planck Institute for the Study of Societies
Maria Cristina Marcuzzo, Sapienza Università di Roma
Mario Cedrini, Università di Torino
Stefano Fiori, University of Torino
Arianna Tassinari, European University Institute
Stella Zilian, Graz Schumpeter Centre
Andreas Lichtenberger, New School for Social Research
Contini, University of Torino
Riccardo Leoni, University of Bergamo
Ramaa Vasudevan Colorado State University
Terenzio Cozzi University of Torino
Achim Kemmerling, Willy Brandt School of Public Policy
Vittorio Valli, University of Torino
Leanne Ussher, Bard College
Alessandro Sapio, Parthenope University of Naples
Daniel Bailey, Manchester Metropolitan University.
Patrick Gallagher, National University of Ireland Maynooth
Merijn Oudenampsen, University of Amsterdam
Emmanuelle Schon-Quinlivan, University College Cork
Kaija Schilde, Boston University
Rui Esteves, Graduate Institute of International and Development Studies, Geneva
Noe Wiener, University of Massachusetts Amherst
Lars Rensmann, University of Groningen
Christopher J. Fariss, University of Michigan, USA
Hein Goemans, University of Rochester, USA
Aldo Geuna, University of Torino
Roy Cobby, King’s College London, UK