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Production in construction up by 0.1% in euro area

Eurostat/Production in construction up by 0.1% in euro area/19 Φεβρουαρίου 2018 In December 2017 compared with November 2017, seasonally adjusted production in the construction sector increased by 0.1% in the euro area (EA19) and by 0.6% in the EU28, according to first estimates from Eurostat,the statistical office of the European Union. In November 2017, production in construction grew by 0.2% in the euro area and by 0.5% in the EU28. Σχετικές Αναρτήσεις …Read More

Critical European Studies Need More Than Foucault

Vanessa Bilancetti, (2018), “Critical European Studies Need More Than Foucault”, Crossroads Europe, 19 Φεβρουαρίου As many of us know, most of European Studies are still stocked in the debate between supranationalism or intergovernmentalism when looking at institutional questions. Or, they are in search of a European identity when looking at the socio-political questions. PhD students in European Studies are asked to frame their proposal isolating dependent and independent variables, pushing …Read More

Γιατί η σταμάτησε η παγκοσμιοποίηση

Fred Hu, Michael Spence, (2018), “Γιατί η σταμάτησε η παγκοσμιοποίηση.Και πώς να επανεκκινηθεί”, Foreign Affairs, 18 Φεβρουαρίου Σήμερα, κάθε πτυχή της παγκοσμιοποιημένης οικονομίας βρίσκεται υπό επίθεση. Μια λαϊκή αντίδραση κατά του ελεύθερου εμπορίου και των απεριόριστων διασυνοριακών κινήσεων κεφαλαίων έχει κερδίσει δυναμική. Το ιδεώδες της ελεύθερης ροής πληροφοριών έρχεται σε σύγκρουση με τις αυξανόμενες εκκλήσεις για τα δικαιώματα της ιδιωτικής ζωής, την προστασία της πνευματικής ιδιοκτησίας και την αυξημένη ασφάλεια …Read More

Failing banks, bail-ins, and central bank independence: Lessons from Cyprus

Panicos Demetriades, (2018), “Failing banks, bail-ins, and central bank independence: Lessons from Cyprus”, VOX, 21 February Europe’s new framework for resolving banks includes a ‘bail-in’ mechanism which aims to ensure that banks’ shareholders and creditors pay their share of costs, and which was first used to resolve the 2013 banking crisis in Cyprus. This column, written by the economist who was the country’s central bank governor at the time, examines …Read More

What the 2015 Greek debt negotiations tell us about Germany’s negotiating stance on Brexit

Luuk Molthof, (2018), “What the 2015 Greek debt negotiations tell us about Germany’s negotiating stance on Brexit”, LSE EUROPP, 8 Φεβρουαρίου If the UK wants to secure favourable terms during the Brexit negotiations, it will be crucial to win the support of Germany. But what are the key German priorities as the talks move on to the second phase? Luuk Molthof writes that the 2015 Greek debt negotiations offer some …Read More

Σε καλό δρόμο, αλλά αντιμέτωπη με πέντε προκλήσεις είναι η ιταλική οικονομία

Καθημερινή, (2018),  “Σε καλό δρόμο, αλλά αντιμέτωπη με πέντε προκλήσεις είναι η ιταλική οικονομία”, 10 Φεβρουαρίου Τον Μάρτιο οι Ιταλοί θα προσέλθουν στις κάλπες. Η κατάσταση, όμως, στην οποία βρίσκεται η οικονομία της χώρας τους είναι πολύ καλύτερη απ’ ό,τι ανέμεναν οι ίδιοι, αλλά και αναλυτές και οικονομολόγοι. Αυτό, πάντως, δεν σημαίνει ότι δεν υπάρχουν σημαντικά προβλήματα τα οποία θα κληθεί να αντιμετωπίσει και να διαχειριστεί ο επόμενος πρωθυπουργός της …Read More

Trust in the EU? The key obstacle to reform

Maria Demertzis, (2018), “Trust in the EU? The key obstacle to reform”, Bruegel, 9 Φεβρουαρίου The challenges that Europe faces both from within and from outside require immediate, concerted counter-efforts. While efforts to advance the European economic architecture are desirable and useful, can Europe realistically attempt to integrate further on the basis of such little trust? Σχετικές Αναρτήσεις Leonid Bershidsky, (2017), «The Window for EU Reform Has Closed for Now», …Read More

Germany’s Wage Deal Is Good for Europe Too

Ferdinando Giugliano, (2018), “Germany’s Wage Deal Is Good for Europe Too”, 8 Φεβρουαρίου Rarely has a round of wage negotiations been watched so closely as the recent dispute involving Germany’s IG Metall labor union. The agreement reached in Baden-Wuerttemberg with the Suedwestmetall employer’s federation, including a 4.3 percent raise from April and the right to a 28-hour working week, is a further sign that wage pressures are finally returning to …Read More

Increasingly fit again: The euro area economy is shedding the crisis legacies

Marco Buti, Björn Döhring and José Leandro, (2018), “Increasingly fit again: The euro area economy is shedding the crisis legacies”, VoxEU, 8 Φεβρουαρίου The outlook for the euro area economy depends to a large extent on whether the impact of the crisis will turn out to be permanent or transitory. This column attempts to chart out the path ahead, starting from what different narratives of the ‘atypical recovery’ imply about …Read More

Austerity and inequality: The size and composition of fiscal adjustment matter

Elva Bova, Tidiane Kinda, Jaejoon Woo, (2018),  “Austerity and inequality: The size and composition of fiscal adjustment matter”, Vox, 7  Φεβρουαρίου Understanding the distributional consequences of fiscal adjustment measures is important for equity, but also to ensure the sustainability of the measures. This column shows that fiscal adjustments increase inequality, including through unemployment. Spending-based adjustments worsen inequality more significantly than tax-based adjustments. Progressive taxation and targeted social benefits and subsidies …Read More