Tavares, E. M. (2014) “A New Age Of IMF Bailouts – Great Britain In The 1970s“, ΘZeroHedge, 12 Οκτωβρίου. Hearing of IMF interventions generally conjures up images of developing nations (and the occasional Eurozone peripheral economy of late) facing some kind of financial difficulty. But it was actually Great Britain, the cradle of the industrialized world, which in 1976 became one of the first countries ever to be “bailed …Read More
Gros, D. (2014) “Fighting Deflation: Would QE work in the euro area?“, Economic Policy, CEPS Commentaries, 09 Οκτωβρίου. With inflation in the eurozone stubbornly remaining on a downward trajectory, pressure is growing on the ECB to do “something” to prevent outright deflation. But, given the financial structure of eurozone countries, would the preferred “something” – quantitative easing – actually do the trick? Σχετικές αναρτήσεις: Wyplosz, C. (2014) “Is …Read More
Barslund, M. & Busse, M. (2014) “Making the Most of EU Labour Mobility“, Social welfare policies, CEPS Task Force Reports, 07 Οκτωβρίου. This Task Force report combines the most recent data from Eurostat with national sources to highlight the most significant labour mobility trends within the EU. Overall, the recent recession has not induced previously immobile workers to become more mobile, at least not in the larger member states. …Read More
Deroose, S. & Griesse, J. (2014) “Implementing economic reforms – are EU Member States responding to European Semester recommendations?“, ECFIN Economic Brief, Issue 37, Οκτώβριος 2014. Summary: For the past four years, the EU has issued country-specific recommendations for economic reform to its Member States under the European Semester. A synthetic indicator of EU-wide implementation of these recommendations shows a score of just over 40%. While this is higher …Read More
Zaiotti, R. (2014) “Europe is suffering from a psychological blind spot over migration in the Mediterranean“, LSE EUROPP, 10 Οκτωβρίου. The death of migrants in the Mediterranean remains a significant problem for EU migration policy. Ruben Zaiotti argues that Europe’s approach to the issue can effectively be termed a type of ‘externalisation’, in which the responsibility for migration has been off loaded to origin and transit countries. He writes …Read More
El-Erian, Α. Μ. (2014) “Beware of Europe’s Policy Hardening“, Bloomberg View, European Economy, 10 Οκτωβρίου. Judging from the recent remarks by European officials, policy positions are hardening once again in the euro zone. Fueled by disappointing economic performance, the risk is that the deepening difference in views in Europe will further complicate a much-needed recovery. This is regrettable because it need not be so. Having flirted with a disorderly …Read More
Eckefeldt, P., Schwierz, C., Giamboni, L., Aarnout, M. & Carone, G. (2014) “Identifying fiscal sustainability challenges in the areas of pension, health care and long-term care policies“, European Economy – Occasional Papers, No. 201, European Commission: Economic and Financial Affairs, Οκτώβριος. This paper presents a horizontal assessment framework used by the Commission services to identify structural-fiscal reforms that are deemed necessary to address fiscal sustainability challenges in the Member …Read More
Gilbert, M. (2014) “ECB Gets a Small Win“, Bloomberg View, 10 Οκτωβρίου. The European Central Bank has been justifiably criticized for its claim that the magic of asset-backed bonds can reverse Europe’s slump back into recession. It got some support, though, from an unlikely source this week — the market for car loans in Finland. By the end of the year, Spain’s Banco Santander plans to bundle together a …Read More
Seumas Milne, “Europe’s sea of death for migrants is a result of war and escalating inequality“, The Guardian, Thursday 9 October 2014. The carnage on our borders will only grow without a radical shift from an iniquitous and failed system The Mediterranean has become Europe’s sea of death. More than 3,000 refugees and migrants have already been killed this year trying to escape war and poverty in Africa and …Read More
Saltman, R. (2014) “Pragmatism is beginning to trump ideology in Europe’s ‘public-private’ debate over healthcare“, LSE EUROPP, 09 Οκτωβρίου. The merits of public vs private healthcare have traditionally formed one of the key ideological divisions between European political parties. Richard B. Saltman writes that while this debate has often been exceptionally heated, over the last few decades a number of European countries have started to take a more pragmatic …Read More
