Garton Ash, T. (2015) “Europe is being torn apart – but the torture will be slow“, The Guardian, 08 Μαρτίου 2015. This monetary union without a political one will continue to cause suffering and divide the north from the south “If the euro fails, Europe fails”: thus spake Angela Merkel. Unfortunately, the euro is failing, but it is failing slowly. Even if Greece grexits, the eurozone seems unlikely to …Read More
Interview: “Five minutes with Philippe Legrain: “The Eurozone has become a glorified debtors’ prison”, LSE EUROPP, 09 Μαρτίου 2015. With no lasting solution yet found for dealing with Greek debt, and economies in the Eurozone continuing to suffer from weak growth, how can Europe finally solve the problems brought on by the financial crisis? In an interview with EUROPP’s editor Stuart Brown, Philippe Legrain discusses the policy failures at …Read More
Offe, C. (2015) “European Democracy Is In A State Of Emergency“, Social Europe Journal, 06 Μαρτίου. Europe has had a rocky start to 2015. The Eurozone crisis is back on the agenda, a war is developing at Europe’s border and people across the continent seem more and more discontent with their political systems leading to the rise of different forms of populism. How healthy do you think is European …Read More
Davíðsdóttir, S. (2015) “Cyprus and Iceland: a tale of two capital controls“, A Fistful of Euros – European Opinion Blog, 06 Μαρτίου. Both in Cyprus and Iceland foreign funds flowed into the islands, in the end forcing the government to make use of extreme measures when the tide turned. These measures are normally called ‘capital controls’ which in these two cases hides the fact that the measures used are …Read More
Chari, Α. & Blair Henry, Ρ. (2015) “Austerity and recovery: East Asian lessons for Europe“, VoxEU Organisation, 06 Μαρτίου. In the wake of the Great Recession, a contentious debate has erupted over whether austerity is helpful or harmful for economic growth. This column compares the experiences of the East Asian countries – whose leaders responded to the East Asian financial crisis with expansionary fiscal policy – with those of …Read More
Cenusa, D. (2015) “The EU risks alienating the Moldovan population if it fails to take a tougher line with the country’s pro-European parties“, LSE EUROPP, 05 Μαρτίου. The EU signed an association agreement with Moldova in 2014. Denis Cenusa writes on the EU’s relations with the country since 2009, when a pro-European alliance of parties first came to power. He argues that the failure of these parties to successfully …Read More
Ha-Joon Chang (2015) “What does it really mean to be ‘pro-business’?“, The Guardian, 03 Μαρτίου. Despite the best efforts of some of its members to discredit it with market rigging, tax avoidance, and unjustified bonuses, the business community is still held in awe in Britain. Any suggestion of higher taxes for top earners or tougher regulations on the abuse of market power is howled down as dangerously anti-business. Politicians …Read More
Murkens, J. (2015) “A referendum on Britain’s EU membership is a sure fire way to encourage the breakup of the UK“, LSE EUROPP, 02 Μαρτίου. David Cameron has pledged to hold a referendum on the UK’s EU membership if his Conservative party wins a majority at the British general election in May. Jo Murkens writes on the impact an EU referendum would have on the UK’s place in Europe …Read More
Mitchell, B. (2015) “Germany is not a model for Europe – it fails abroad and at home“, Billy Mitchell Blog: Modern Monetary Theory … macroeconomic reality, 02 Μαρτίου. Some time ago I wrote a blog – The German model is not workable for the Eurozone (February 3, 2012) where I outlined why Germany’s export-led growth strategy could not be a viable model for the rest of the Eurozone nations. …Read More
Görlach, Α. (2015) “The critical junction – Unless Germany charts a new business course, it will lose out to the rest of the world economy“, The European Magazine, 02 Μαρτίου. Sigmar Gabriel lives in the 19th century. For the German Minister for Economic Affairs, the list of what matters isn’t long: industry, German cars and so forth. Digital innovation? New business models? Not for him. He is, rather, stirring …Read More
