Katan, Μ. (2014) “Moldova in Integration Vectors“, European Dialogue, 27 December 2013. In Moldova, began an active struggle for change integration vector with the EU’s customs union. Ruling alliance , which intends to August next year sign an association agreement and the creation of a free economic zone with the EU , attacking from three sides: from the east – Transnistria, in the south – Gagauz autonomy , in …Read More
Cuperus, R. (2014) “The secret mission of Frans Timmermans“, Policy Network, 17 September. Frans Timmermans is now Juncker’s number two in the new European Commission. Formally in charge of ‘Better Regulation, Inter-Institutional Relations, the Rule of Law and the Charter of Fundamental Rights,’ his more difficult undertaking will likely be the informal task of keeping the UK in the EU Last year, the Kings’s Speech (Speech from the Throne, …Read More
Darvas, Z. & Wolff, B. G. (2014) “So far apart and yet so close: Should the ECB care about inflation differentials?“, Bruegel Institute, 22 September. Inflation rates can differ across regions of monetary unions. We show that in the euro area, the US, Canada, Japan and Australia, inflation rates have been substantially and persistently different in different regions. Differences were particularly substantial in the euro area. Inflation differences can …Read More
Johnston, A. & Regan, A. (2014) “The absence of national adjustment tools is the reason why Eurozone countries continue to struggle“, LSE EUROPP, 22 September. The Eurozone continues to experience low growth, while unemployment remains a substantial problem in several European states. Alison Johnston and Aidan Regan write that despite these issues, the European policy response has remained broadly similar since the crisis: reducing public spending and imposing structural …Read More
Zuleeg, F. (2014) “The benefits of Union?“, Commentary, EPC Publications, 19 September. Yesterday, as predicted by the polls, the people of Scotland rejected independence, opting to remain part of the United Kingdom, which also means that the EU does not have to face a Scottish application for membership. Some claim that this referendum has buried the question of Scottish independence indefinitely but this debate is probably not over: a …Read More
Merler, S. (2014) “T.L.T.R.O. is Too Low to Resuscitate Optimism – the take up of liquidity under the ECB’s new TLTRO programme was well below expectations yesterday“, Bruegel Institute, 19 September. Yesterday the ECB held the first auction of liquidity under its new TLTRO programme. The take up was well below expectations, raising questions about the actual ability of the ECB to regain control of its balance sheet. It’s …Read More
Mitchell, B. (2014) “European Employment Strategy – barely a new job in sight“, Bill Mitchell Blog-Modern Monetary Theory … macroeconomic reality, 17 September. Eurostat released the latest – Employment – data for July 2014 last week (September 12, 2014) and announced that total employment was up by 0.2 per cent in the euro area. For those that study the data closely you will not be confused. But for the …Read More
Baker, D. (2014) “Influencing the Debate from Outside the Mainstream: Keep it Simple“, Dean Baker’s comments at the 2014 Rethinking Economics NYC Forum, Forum titled “The Role of Economic Models in Public Policymaking”, 13 September. If people working outside of the mainstream of the profession are going to have any impact on economic policy debates in the United States it is essential that they understand the forum in which the …Read More
Bertoncini, Υ. & Vitorino, Α. (2014) “Reforming Europe’s governance, for a more Legitimate and Effective Federation of Nation States“, New Decision-Makers – New Challengers Project, Notre Europe, Studies and Reports, September. If the challenges facing the EU demand, first and foremost, detailed political responses, it is essential that the European institutions whose aim is to come up with those political responses are fully legitimate and effective, and that the …Read More
Tonveronachi, M. (2014 ) “The ECB and the Single European Financial Market: A Proposal to Repair Half of a Flawed Design“, Levy Economics Institute Publications, The State of the US and World Economies Public Policy Brief No. 137, September. The flaws of the Maastrict Treaty are a frequent object of commentary but, as yet, Europe remains unable—or, perhaps more accurately, unwilling—to address these flaws. The European project will remain …Read More
