On November 23 and 24th, the School of Economics and Business of the University of Navarra hosted the IV edition of the Navarra-Basque Country Macroeconomics Workshop. Participants from local universities (UPNA, Deusto, UPV and U. de Navarra) and other Spanish universities (Carlos III, UPF) presented their research on fiscal and monetary policy, international finance and macroeconomic growth. Also Benoît Monjon, from Banque de France, introduced a new indicator of financial markets fragmentation designed for the EU.