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Lessons from the crisis

Moring, A. (2015) “Lessons from the crisis – We Europeans face a historic choice: either we further develop Europe as a single political entity, or we recede from the limelight, The European Magazine, 30 Ιανουαρίου.   In her latest op-ed, The European columnist Juliane Mendelsohn rails against the “dysfunctional euro” and the flawed European project that “the market inevitably pushed us into.” She links her arguments to the call for …Read More

Who’s (still) exposed to Greece? – a first trace of normalisation and resume in confidence since 2013, which the present political turmoil risks to revert

Merler, S. (2015) “Who’s (still) exposed to Greece? – a first trace of normalisation and resume in confidence since 2013, which the present political turmoil risks to revert“, Bruegel Institute, 29 Ιανουαρίου.   Since the start of the crisis, the structure of Greek debt has changed considerably (almost 80 percent of government financial liabilities are now accounted for by loans, against slightly less than 20 percent back in 2008). At the same …Read More

European social democracy is in danger of terminal decline unless it can reengage with its core values

Angier, T. (2015) “European social democracy is in danger of terminal decline unless it can reengage with its core values“, LSE EUROPP, 30 Ιανουαρίου.   With the rise of parties on the far-right and radical left of European party systems, social democratic parties now face a challenge to retain their support base in several European countries. Tom Angier writes that the primary problem facing social democrats is that they have …Read More

Greece Turns Left, Europe Goes Right

Feldman, N. (2015) “Greece Turns Left, Europe Goes Right“, BloombergView, 30 Ιανουαρίου.   Why has Greece chosen a far-left government at a time when discontented and frustrated voters elsewhere in Europe have turned to the far right? In northern Europe, the frustrated voters’ parties of choice are right wing and anti-immigrant. So how come frustrated Greeks made a sharp turn to the left, electing the near-communist Syriza party to lead …Read More

Populist arguments have become more pervasive in Western European countries

Rooduijn, M. (2015) “Populist arguments have become more pervasive in Western European countries“, LSE EUROPP, 29 Ιανουαρίου.   To what extent has populism become a feature of public debates in European countries? Matthijs Rooduijn employs content analysis to assess the frequency of populist statements in newspaper articles in France, Germany, Italy, the Netherlands and the UK. He concludes that populism is more widespread in these countries than previously assumed, with …Read More

How Greece Could Change the Future of Europe

Weisbrot, M. (2015) “How Greece Could Change the Future of Europe“, Vice News, Opinion & Analysis, 28 Ιανουαρίου.   The Syriza party’s big win in Greece’s legislative election last weekend is a turning point in the long political fight over Europe’s botched recovery from the financial crisis and world recession of 2008-2009. The occasion presents a milestone for the eurozone, which has been plagued by mass unemployment and economic stagnation, …Read More

An Unemployment-Oriented Investment Strategy for Europe

Escudero, V., Horne, R., Kühn, S., Milasi, S., López Mourelo, E., Pignatti, C. & Silvander, J. (2015) “An Unemployment-Oriented Investment Strategy for Europe“, International Labour Organization (ILO) Research Department, Studies on Growth with Equity, Ιανουάριος.   Key Policy Options and Considerations Against a backdrop of sluggish economic conditions and continued weak job creation, the Investment Plan proposed by the European Commission President Jean-Claude Juncker would provide a rapid economic stimulus …Read More

Bank resolution in Europe: The unfinished agenda of structural reform

Ringe, G. & Gordon, N. J. (2015) “Bank resolution in Europe: The unfinished agenda of structural reform“, VoxEU Organisation, 28 Ιανουαρίου.   Bank resolution is a key pillar of the European Banking Union. This column argues that the current structure of large EU banks is not conducive to an effective and unbiased resolution procedure. The authors would require systemically important banks to reorganise into a ‘holding company’ structure, where the …Read More

Why Europe Will Cave to Greece

Crook, C. (2015) “Why Europe Will Cave to Greece“, Bloomberg View, 28 Ιανουαρίου.   A prediction for you: Greece and the European Union will split the difference in their quarrel over debt relief. What’s uncertain is how their respective governments will justify the new deal, and how much damage they’ll inflict on each other before accepting the inevitable. EU governments, with Germany in the lead, are saying that debt writedowns …Read More

Syriza, Le Pen and the Power of Big Ideas

Bershidsky, L. (2015) “Syriza, Le Pen and the Power of Big Ideas“, BloombergView, 26 Ιανουαρίου.   It may seem ironic that Marine Le Pen, the leader of France’s extreme right Front National, rooted for the extreme left Syriza in yesterday’s Greek election and rejoiced at its landslide victory. Yet there’s nothing unusual about it: Syriza, Front National and other European anti-establishment parties are partners in a political revolution that appears to be about to …Read More