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Two cheers for Beppe Grillo

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

The new political geography of Europe

Walton, Nicholas, Zielonka, Jan, (2013), ‘The new political geography of Europe’ , The European Council on Foreign Relations. The euro crisis has revolutionised politics across Europe, obscured by a focus on whatʼs happening in Berlin and Brussels. Established political parties are fighting for their lives, and countries have been cast out from the European core to the periphery. A  new  collection  of  essays,  edited  by  Nicholas  Walton  and  Jan Zielonka, …Read More

Weimar 2013?

Mazower, Mark, (2012), ‘Weimar 2013?”, www.project-syndicate.org, 31 December. The worst crisis of capitalism since the Great Depression of the 1930’s has reawakened grim memories on both sides of the Atlantic. The ghost of Franklin Delano Roosevelt haunts Barack Obama’s United States. Historical arguments over whether FDR’s New Deal worked now form an important part of American debates over current monetary and fiscal  policy  in  general,  and  the  US  Federal  Reserve’s …Read More

Europe’s New Year’s Irresolution

Fischer, Joschka, (2012), ‘Europe’s New Year’s Irresolution’, www.project-syndicate.org, 31 December. Will the eurozone crisis end in 2013, or will it drag on throughout the year, and perhaps even deteriorate anew? This is likely to be not only the crucial question for the European Union’s further development, but also a key issue affecting the performance of the global economy.

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

Between Collateral Damage and ‘Iron Law’

Emmanouilidis, Janis, (2012), ‘Between Collateral Damage and  ‘Iron Law’’, Greek Political Science Review, Issue 39, May-November. The article argues that the euro crisis has put European integration to a major test – more profound and more serious than ever before. Beyond the more immediate financial and economic effects, the crisis has inflicted collateral damage: unintended and unexpected consequences at both the national and European level, which could jeopardise not only the EU’s …Read More

Le choc de la nouvelle? Maastricht, dé jà vu and EMU reform

Featherstone, Kevin, (2012), ‘Le choc de la nouvelle? Maastricht, dé jà vu and EMU reform’, Greek Political Science Review, Issue 39, May-November. The Maastricht legacy casts a long shadow on current reform efforts to stabilize the Eurozone or, worse, avoid its break-up. The initial agreement was vulnerable on two fronts, the absence of economic governance and a lack of cross national-solidarity that would have supported burden-sharing the EMU. The sovereign …Read More

Crisis and public support for the eurο

Roth, Felix,  Jonung, Lars,  Nowak-Lehmann, Felicitas, (2012), ‘Crisis and public support for the eurο’, 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