Letter to the European Council

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

  1. 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