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Luca Zavalloni

Luca Zavalloni

Senior Economist, Economic Risk Analysis

Luca Zavalloni is a Senior Economist at the Economic Risk Analysis division

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My blog entries

Man using a soldering iron to repair a drone.
17/08/2026
Alexandre Lauwers Vasiliki Michou Lorenzo Ricci Luca Zavalloni

Security at what cost? Defence spending, growth, and the fiscal arithmetic

Economic and Market Analysis
Economic Risk Analysis
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Defence
Euro Area Stability Watch (EASW)
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My working papers

working-paper-724-466
78
20/07/2026
Working papers

Too much of a good thing? Safe assets, spillovers, and fiscal policy coordination

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My ESM Briefs

Debt sustainability analysis -1100px
01/12/2025
5

Debt sustainability analysis under uncertainty: mapping the past into the future

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esm-briefs-3-1100-616
23/05/2025
3

Employment gains, productivity strains: Sectoral shifts and new geography of growth in the euro area

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