This column (of which yours truly is one of many authors) is intentionally kept on a general level. While economists
across Europe and across different subdisciplines often disagree on specific policy suggestions and proposals, most of us agree on the broad themes: make the financial system more resilient and mitigate the repercussions of bank failures; reduce the risk of
sovereign default and reduce the impact of such default if it happens; and undertake the necessary structural reforms to make the Eurozone grow again. Most importantly, we call for more clarity in institutional responsibilities across the policy architecture
of the Eurozone and reduce the burden on the ECB.