Beck, G. (2014) “ECJ legal rulings designed to help the Eurozone are threatening the accountability of European governance“, LSE EUROPP, 10 Δεκεμβρίου.   One of the most controversial issues during the Eurozone crisis has been the extent to which policies aimed at resolving the crisis, such as the decision by the European Central Bank to adopt ‘Outright Monetary Transactions’ (OMT), comply with EU law. Gunnar Beck writes that the European …Read More

Véron, N. (2014) “The European Union Is the Global Laggard on Basel III – the Basel Committee found the EU “materially non-compliant” with Basel III“, Bruegel Institute, 08 Δεκεμβρίου.   On Friday, December 5, the Basel Committee on Banking Supervision published its reports on the compliance of rules adopted last year in the European Union and in the United States with its global accord on banking regulation, adopted in 2010 …Read More

Verhelst, S. (2014) “Τhe Sense and Nonsense of Eurozone Level Democracy“, Egmont Paper 70, Royal Institute for International Relations, Οκτώβριος.   EXECUTIVE SUMMARY The democratic functioning of the EU is frequently called into question. Increasingly, the focus of this criticism is the perceived lack of legitimacy in eurozone policy-making. The eurozone has gained a firmer grip on national policy-making in recent years, but has not adapted its democratic structure to …Read More

Europe: When the Unthinkable Becomes Possible, Geopolitical Diary – STRATFOR Global Intelligence, 03 Δεκεμβρίου.   Europe’s economic crisis is slowly but steadily eroding the political systems of many countries on the Continent. New actors are emerging and threatening the supremacy of the traditional players. Alliances and events that seemed impossible only a few years ago are now being openly discussed across Europe. On Dec. 3, for example, Sweden announced it …Read More