Tag Archives: crisis

Apr 13 2013

The Bundesbank’s disingenuous claim that Southern Europeans are richer than Germans has stoked anti-bailout sentiment.

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Recent weeks have seen the German Central Bank and the European Central Bank release studies that have suggested that Germans have less wealth than Southern Europeans. Stefan Bauchowitz and José Javier Olivas argue that differences between the data used and … Continue reading

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Apr 3 2013

The Cyprus crisis has shown the growing dysfunctionality of the eurozone.

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Reflecting on the recent crisis in Cyprus, Vassilis Paipais and Eirini Karamouzi write that the imbroglio over the county’s banks shows both the difficulties currently faced by the eurozone and the power of Germany in Europe. They argue that the crisis has … Continue reading

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Apr 1 2013

‘Crisis, What Crisis?’ On the Virtues of Muddling Through in European Politics

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There can be little doubt that the EU faces a political crisis. But is this really an existential crisis for the European project, as many claim? Writing in a personal capacity, Henry Radice argues that muddling through a serious crisis, however unsatisfactory … Continue reading

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Apr 1 2013

A new Eurotreasury could help the Eurozone’s periphery to regain its economic sovereignty

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The establishment of the euro meant that for the first time in history, the national monetary policy of many European countries became pooled at a transnational level. Miguel Otero-Iglesias writes that a consequence of this is the movement of economic … Continue reading

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Mar 23 2013

Europe’s Cyprus blunder raises important questions about the nature of EU decision-making and crisis management.

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One week ago, the EU, IMF and European Central Bank agreed to a bailout for Cyprus that would involve a levy on the country’s bank deposits. The terms of the bailout have been met with surprise and fury in Cyprus … Continue reading

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Feb 8 2013

Brussels blog round-up for 2 – 8 February: Another EU budget summit, Berlusconi’s polling rises, and a big month for same-sex marriage in Europe.

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Chris Gilson and Stuart A Brown take a look at the week in Brussels blogging. The EU centre EU heads of state are currently meeting in the latest attempt to negotiate the next seven years of the EU budget. With a … Continue reading

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