Grant, Charles, Tilford, Simon, (2013), “Two cheers for Beppe Grillo”, The Centre for European Reform, 1 Μαρτίου. The Achilles heel of the euro has always been democracy. Although the euro is unlikely to break up, that risk cannot be entirely excluded: one day, voters may choose a government committed to policies that are incompatible with the conditions set by Europe’s leaders for membership of the single currency.”
Crisis Management in the Euro Area: Why Europe’s Policy is on the Right Track
Becker, Werner, Löchel, Horst, Gregosz, David, (2013) “Crisis Management in the Euro Area: Why Europe’s Policy is on the Right Track”, The Konrad Adenauer Stiftung. The aim of this article is to show that the crisis-driven pragmatism of politics is an appropriate way of resolving the problems in the currency area and placing the European Economic and Monetary Union (EMU) on a new, more stable footing. The paper will show …Read More
What is political union?
Dullien, Sebastian, Torreblanca Ignacio, Jose,(2012), ‘What is political union?’, The European Council on Foreign Relations. “The euro crisis has led to a massive transfer of power to the EU level, and made political union a genuine possibility. But although pro-Europeans now agree that political union is necessary to save the euro, they often have in mind very different things. A new ECFR paper by Sebastian Dullien and José Ignacio Torreblanca …Read More
Why a breakup of the Euro Area Must be Avoided: Lessons from Previous Breakups
Aslund Anders, (2012), ‘Why a breakup of the Euro Area Must be Avoided: Lessons from Previous Breakups’, www.iie.com, 22 August. One of the big questions of our time is whether the Economic and Monetary Union (EMU) will survive. Too often, analysts discuss a possible departure of one or several countries from the euro area as little more than a devaluation, but Åslund argues that any country’s exit from the euro …Read More
The Political Economy of the Crisis:The End of an Era?
Tsoukalis, Loukas, (2012), ‘The Political Economy of the Crisis:The End of an Era?’, Dahrendord Symposia Series Working Paper 2012-04. Τhe crisis we are going through will shape Europe and European integration for years to come; it also risks leading Europe down the road to disintegration. The crisis of the euro is part and parcel of a much broader crisis that has resulted from the bursting of the biggest bubble in …Read More