Bertoncini, Yves, (2012), ‘Reforming the EU budget in times of crisis’, Notre Europe – Jacques Delors Institute, 15 November. This tribune by Yves Bertoncini underlines the main issues at stake in the perspective of the extraordinary European Council which is to take key decisions on the EU budget for the post 2013 period. It is based on three series of remarks: – one on the crisis, which has to be …Read More
Elliott, Douglas, (2012), ‘Europe Could Still Blow Up, Let’s Not Be Complacent’, www.brookings.edu, 13 Νovember. European leaders, and their suffering peoples, are clearly making real progress in working through the Euro Crisis. However, some observers have lapsed into complacency, assuming that the worst is definitely over. I hope they are right, but there are many ways in which the situation could blow up and become worse than ever. I am willing …Read More
O’Sullivan, Michael, (2012), ‘Does an Austere Europe have a future?’, Greek Political Science Review, Issue 39, May-November. The euro-zone crisis is a profoundly structural one in that it has unmasked the inappropriateness of the monetary union for certain member states and the complacency of its governing class. The aims and raison d’être of the European project must now be rethought in an original way and communicated in a clear way …Read More
Dheret, Claire, Martens, Hans, Zuleeg Fabian, (2012), ‘Can Public Private Partnerships (PPPs) lever investment to get Europe out of economic crisis?’, EPC Issue Paper, N.71. To overcome Europe’s deep economic crisis, investment is crucial. But with public finances under severe strain and a limited EU budget, private-sector investment will have to be a key driving force. This report produced by the European Policy Centre focuses on analysing stakeholders’ perceptions of the …Read More
Nordvig, Jens, (2012), “The Eurozone breakup debate: Uncertainty still reigns”, www.voxeu.org, 6 November. Conversations about the breakup of the Eurozone are changing. This column argues that an ‘avoid breakup at all costs’ dogmatism may not be a prudent view. Getting good data may well be difficult, but any arguments about the cost of a Eurozone breakup must be compared to the ongoing cost of the status quo.
Roth, Felix, Jonung, Lars, Nowak-Lehmann, Felicitas, (2012), ‘Crisis and public support for the euro’, www.voxeu.org, 5 November. The Eurozone crisis has meant slow growth, rising unemployment, and social unrest. This column gauges the impact of all this on European citizens‘ opinions about the euro and EU institutions. Using Eurobarometer surveys, the authors find that, within the Eurozone, the crisis has only marginally lowered support for the euro but has led to …Read More
Thorhallsson, Baldur, Kirby, Peadar, (2012),‘Financial Crises in Iceland and Ireland: Does European Union and Euro Membership Matter?’, Journal of Common Market Studies, Vol. 50, Issue 5,p.p. 801–818. The article examines the claims of the small states literature on the importance of alliance formation. It applies it to the case of Ireland and Iceland and asks whether membership of the EU and euro in Ireland and the absence of these in …Read More
Knedlik, Tobias, Von Sshweinit, Gregor, (2012),‘Macroeconomic Imbalances as Indicators for Debt Crises in Europe’, Journal of Common Market Studies, Vol.50, Issue 5, p.p.726–745. European authorities and scholars published proposals on which indicators of macroeconomic imbalances might be used to uncover risks for the sustainability of public debt in the European Union. In this article the ability of four proposed sets of indicators to send early warnings of debt crises is …Read More
De Grauwe, Paul, (2012),‘Mispricing of Sovereign Risk and Macroeconomic Stability in the Eurozone’, Journal of Common Market Studies, Vol. 50, Issue 6, p.p.866–880. The economic and financial crisis and its aftermath have put economic and monetary union (EMU) to the test and exposed gaps in its initial policy architecture. Collective rules of fiscal discipline have proven difficult fully to enforce and excessive public indebtedness has been confirmed as a potential …Read More
Buti, Marco, Carnot, Nicolas (2012), ‘The EMU Debt Crisis: Early Lessons and Reforms’, Journal of Common Market Studies, Vol. 50, Issue 6, p.p. 881-898. The economic and financial crisis and its aftermath have put economic and monetary union (EMU) to the test and exposed gaps in its initial policy architecture. Collective rules of fiscal discipline have proven difficult fully to enforce and excessive public indebtedness has been confirmed as a …Read More
