Volume 46 · May/June 2011 · Number 3

Editorial

• Whither Macroeconomic Stability in Europe?

Forum

• Does Europe Need a Comprehensive Energy Policy?

Articles

• European Gas Imports from North Africa: Reassessing Security of Supply in the Light of Political Turmoil

• The WTO Panel Report on Boeing Subsidies: a Critical Assessment

• Inter-temporal Savings, Current Account Trends and Asymmetric Shocks in a Heterogeneous European Monetary Union

• Regional and Institutional Heterogeneity Matters! Revisiting Trade Effects of the Euro

Economic Trends

• Yield Spreads on EMU Government Bonds – How the Financial Crisis Has Helped Investors to Rediscover Risk