Zikos, A. (2013) “Party Euroscepticism in Greece during the Financial Crisis, the Cases of SYRIZA and Chrysi Avgi”, National and Kapodestrian University of Athens, Ιούνιος. The study at hand deals with the issue of Greek parties’ Euroscepticism during the period of the financial crisis. Through the case studies of SYRIZA and Chrysi-Avgi, i.e. two parties with diametrically different positions with regard to the integration of Europe and not only, …Read More
Greece Taps The Market
Horne, J. P. (2014) “Greece Taps The Market“, The European Institute. The Greek government borrowed on the international bond market last week, the first time in over four years.[1] The bond issue comes just five years after Greece’s severe economic and financial crisis had become an existential threat to the euro itself. The fact that Greece was able to borrow €3 billion for five years at 4.75%, with orders …Read More
Η Ανατολική Ευρώπη διολισθαίνει: η δημοκρατία εξαφανίζεται στα νεότερα μέλη τής ΕΕ
Müller, J. W. (2014) “Η Ανατολική Ευρώπη διολισθαίνει: η δημοκρατία εξαφανίζεται στα νεότερα μέλη τής ΕΕ“, Foreign Affairs – the Hellenic Edition, 26 Μαΐου. Πριν από δέκα χρόνια, οκτώ κράτη τής Ανατολικής Ευρώπης προσχώρησαν στην Ευρωπαϊκή Ένωση, φαινομενικά «κλειδώνοντας» μια ανοδική αναπτυξιακή τροχιά. Αλλά τώρα αυτός ο υποτιθέμενος θρίαμβος βρίσκεται υπό σοβαρή αμφισβήτηση, καθώς οι περισσότερες από τις χώρες αυτές αντιμετωπίζουν σοβαρές πολιτικές κρίσεις. Οι Ευρωπαίοι αγαπούν να γιορτάζουν …Read More
Determinants of the growth and sovereign debt correlation
Lof, Μ. & Malinen, Τ. (2014) “Determinants of the growth and sovereign debt correlation“, VoxEU Organisation, 25 Μαΐου. Public debt and economic growth are historically negatively correlated. This column discusses new evidence that rejects the debt-to-growth causality. After estimating the effects between debt and growth in both directions, there is no evidence that high indebtedness suppresses economic growth. The effect of growth on debt is the main driver of …Read More
Spillovers from systemic bank defaults
Mink, M. & de Haan, J. (2014) “Spillovers from systemic bank defaults“, VoxEU Organisation, 24 Μαΐου. To date, much uncertainty exists about how large the spillovers would be from the default of a systemically important bank. This column shows evidence that the market values of US and EU banks hardly respond to changes in the default risk of banks that the Financial Stability Board considers globally systemically important (G-SIBs). …Read More
Between Apathy and Anger: Challenges to the Union from the 2014 Elections to the European Parliament
Piedrafita, S. & Lauenroth, A. (2014) “Between Apathy and Anger: Challenges to the Union from the 2014 Elections to the European Parliament“, Politics and Institutions, EPIN Papers, 20 Μαΐου. This EPIN study brings together contributions from a broad selection of member states and provides insightful analysis into the 2014 elections to the European Parliament on the ground. The report reveals the different factors that impede the development of genuine …Read More
Disappearing government bond spreads in the eurozone – Back to normal?
De Grauwe, P. & Ji, Y. (2014) “Disappearing government bond spreads in the eurozone – Back to normal?“, Economic Policy, CEPS Working Documents, 14 Μαΐου. Since the announcement of the Outright Monetary Transactions (OMT) programme by Mario Draghi, President of the ECB, in 2012, the government bond spreads began a strong decline. This paper finds that most of this decline is due to the positive market sentiments that the …Read More
Twelve Ways to Fix the Youth Unemployment Crisis
Jacobs, E. (2014) “Twelve Ways to Fix the Youth Unemployment Crisis“, Governance Studies at Brookings, Μάιος. INTRODUCTION Young Americans are enduring staggeringly high rates of joblessness. The official unemployment rate for 16 to 24 year olds is 14.5 percent, and has been in the double-digits for seven straight years. Over three million young people are unemployed, and many more have dropped out of the labor market entirely. While the …Read More
Equality, Sustainability and Wellbeing
Pickett, K., Wilkinson, R. & de Vogli, R. (2014) “Equality, Sustainability and Wellbeing“, The EU’s Fifth Project: Transitional Governance in the Service of Sustainable Societies, The Francqui International Conference 2014, Brussels, Palais des Académies, 8-9 Μαΐου. Introduction Over the next generation or so, politics seem likely to be dominated either by efforts to prevent runaway global warming or, if they fail, by attempts to deal with its consequences. Carbon …Read More
The European Parliament is a failed experiment in pan-European democracy – national parliaments are the key to solving the democratic deficit
Booth, S. (2014) “The European Parliament is a failed experiment in pan-European democracy – national parliaments are the key to solving the democratic deficit“, LSE EUROPP, 21 Μαΐου. Strengthening the European Parliament has often been viewed as the best method of addressing the EU’s alleged ‘democratic deficit’. Stephen Booth writes that while this perspective has led to the Parliament’s powers being increased successively over recent decades, the effect of …Read More