Mudde, C. (2014) “The European Parliament elections show the increasingly fragmented nature of European party systems“, LSE EUROPP, 12 June.   Most coverage of the European Parliament elections has noted the rise of several far-right and Eurosceptic parties across Europe. Cas Mudde argues, however, that a more important trend was toward increasingly fragmented party systems. Presenting a series of numbers from the elections, he illustrates that ‘big parties’ are experiencing …Read More

Muro, D. & Vidal, G. (2014) “Mind the Gaps: The Political Consequences of the Great Recession in Europe“, Eurocrisis in the Press, LSE EUROPP, 10 June.   The financial crisis that started in 2008 had an unanticipated magnitude. What at first glance appeared as a manageable frailty of the financial sector rapidly derived into a Great Recession with on-going continuity into 2014. The enlargement of a gap or, rather, three …Read More

Micossi, S. (2014) “Bail-in rules in EU banking union and financial stability“, VoxEU Organisation, 05 Ιουνίου.   The European banking union is in pressing need of a unified banking resolution mechanism, but public bail-in has become increasingly unpopular. This column details new legislation towards a single resolution mechanism in the EU that minimises public exposure. The shareholders of an insolvent bank will be the first to take the hit, followed …Read More