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The (not so) Unconventional Monetary Policy of the European Central Bank since 2008

Claeys, G. (2014) “The (not so) Unconventional Monetary Policy of the European Central Bank since 2008“, Policy Department A for the Monetary Dialogue discussions in the Economic and Monetary Affairs Committee (ECON) of the European Parliament, 09 Ιουλίου.   The global financial and economic crisis forced major central banks to act swiftly and to innovate to avoid a free fall of their economies. This paper reviews in depth the measures …Read More

Five minutes with Eva Aldea: “A ‘Fortress Europe’ accessible only to those within would be as much of a failure of the European project as dissolution of the Union”

Aldea. E. (2014) Five minutes with Eva Aldea: “A ‘Fortress Europe’ accessible only to those within would be as much of a failure of the European project as dissolution of the Union”, LSE EUROPP Interview, 07 Ιουλίου.   Can philosophy offer practical solutions to some of the key issues faced by the European Union? In an interview with EUROPP’s editor Stuart Brown, Eva Aldea discusses the role of philosophy in …Read More

Revisiting the pain in Spain

De Grauwe, P. (2014) “Revisiting the pain in Spain“, VoxEU Organisation, 07 Ιουλίου.   There has been a stark contrast between the experiences of Spain and the UK since the Global Crisis. This column argues that although the ECB’s Outright Monetary Transactions policy has been instrumental in reducing Spanish government bond yields, it has not made the Spanish fiscal position sustainable. Although the UK has implemented less austerity than Spain …Read More

Annual Report: Situation of Asylum in the European Union 2013

European Asylum Support Office (2014) Annual Report: Situation of Asylum in the European Union 2013, Publications Office of the European Union, Ιούλιος.   The 2013 Annual Report on the Situation of Asylum in the European Union aims to provide a comprehensive overview of the number and nature of applications for international protection made in the EU28 and how they were processed by the Member States (MS), in order to indicate …Read More

Industrial relations in central public administration: Recent trends and features – Executive summary

Eurofound (2014) “Industrial relations in central public administration: Recent trends and features – Executive summary“, Publications, European Foundation for the Improvement of Living and Working Conditions, Ιούλιος.   This report maps current developments in industrial relations systems in the central public administration sector across Europe, covering all EU Member States except Croatia, which joined the EU in mid-2013. The present study is based on data collected through the network contributing …Read More

Managing credit bubbles

Martin, Α. & Venture, J. (2014) “Managing credit bubbles“, VoxEU Organisation, 05 Ιουλίου.   There is a widespread view among macroeconomists that fluctuations in collateral are an important driver of credit booms and busts. This column distinguishes between ‘fundamental’ collateral – backed by expectations of future profits – and ‘bubbly’ collateral – backed by expectations of future credit. Markets are generically unable to provide the optimal amount of bubbly collateral, …Read More

Britain Outside Europe? The Greek View, Athens will only have to lose with Brexit

Tzogopoulos, G. (2014) “Britain Outside Europe? The Greek View, Athens will only have to lose with Brexit“, IP Journal, German Council on Foreign Relations, 25 Ιουνίου.   A country suffering an unprecedented economic, political, and social crisis and struggling to find its way out of the labyrinth this has created naturally seeks to avoid additional trouble at the European level. A potential Brexit might not only put Grexit back on …Read More

How to complete Europe’s banking union

Dullien, S. (2014) “How to complete Europe’s banking union“, Policy Brief, European Council on Foreign Relations – ECFR, 02 Ιουνίου.   The new European banking union arrangements represent a landmark in European integration which will fundamentally change the financial sector in the European Union. It will make a systemic banking crisis less likely and will help bring down financing costs in the euro periphery, contributing to an economic recovery in …Read More

Ευρώπη και σκεπτικισμός: Η Ε.Ε χωρισμένη στα δύο

Μπαφούνης, Η. (2014) “Ευρώπη και σκεπτικισμός: Η Ε.Ε χωρισμένη στα δύο“, Άρθρο Γνώμης, Διαδικτυακή Εφημερίδα Επτά Ημέρες, 02 Ιουνίου.   30 Μαρτίου 2014, β’ γύρος δημοτικών εκλογών στην Γαλλία. Το ακροδεξιό Εθνικό Μέτωπο της Μαρίν Λε Πεν κερδίζει τουλάχιστον 14 πόλεις, τις περισσότερες από ποτέ, και αφήνει τους σοσιαλιστές του Φρανσουά Ολάντ να διαχειριστούν την αποδεδειγμένη ήττα τους.  Τα αποτελέσματα αποδεικνύουν ότι η άνοδος των ευρωσκεπτικιστών στην Ευρώπη συνεχίζεται με …Read More

Which Options for Mr. Renzi to Revive Italy and Save the Euro?

Bossone, B., Cattaneo, M. & Zibordi, G. (2014) “Which Options for Mr. Renzi to Revive Italy and Save the Euro?“, Economonitor – A Rubini Global Economics Project, 03 Ιουλίου.   Since 2008, Italy’s industrial production has shrunk 25 per cent. In the last quarter of 2013, while exports reached back to almost the same level as in 2007, household consumption was down by about 8 per cent and investment by …Read More