Pagratis, Spyros, (2013), “Beware the Warrants”, Greek Economists for Reform.com, 20 Μαΐου. Current provisions for a too-early exit of the Hellenic Financial Stability Fund from Greek banks risk creating self-reinforcing market dislocations. By offering too many free warrants to private investors, at predetermined exercise prices, share prices of Greek banks could be driven consistently away from fundamentals. That could undermine the smooth transition to full private-sector ownership of the Greek …Read More

Petersen, Thieß, (2013), “How Germany Benefits from the Euro in Economic Terms”, Bertelsmann Stiftung, 29 Απριλίου. There can be no doubt about the fact that Germany benefits from the euro in a significant number of ways. For example, monetary union membership helps to reduce the cost of international trade, and provides protection against excessive exchange rate volatility. This means that even if Germany had to write off a large percentage …Read More

Dheret, Claire, (2013), “Youth unemployment-Does the EU care about it’s future?” , European Policy Centre Publications, Policy Brief, April 2013. Youth unemployment levels in Europe are hitting new highs: more than 5.7 million (23.6%) young people in the European Union (EU) were without a job in January 2013. These figures, and more generally the growing number of NEETs (young people not in employment, education or training), pose a serious challenge …Read More