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- padada on France has almost entirely failed in its strategy to prevent English taking over as the lingua franca of the EU.
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Tag Archives: ECB
Apr 26 2013
Brussels blog round-up for 20 – 26 April: Italy’s new Prime Minister, trust in the EU falls, and should all EU states recognise gay marriage?
Chris Gilson and Stuart A. Brown take a look at the week in Brussels blogging. The EU centre and the crisis This week saw European Commission President Jose Manuel Barroso admit that austerity may have reached its limit, according to Lost … Continue reading
Posted by: April 26, 2013
Apr 13 2013
The Bundesbank’s disingenuous claim that Southern Europeans are richer than Germans has stoked anti-bailout sentiment.
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
Posted by: April 13, 2013
Apr 12 2013
Brussels blog round-up for 6 – 12 April: Germany expects praise, Thatcher’s legacy for Europe, and will Juan Carlos abdicate?
Chris Gilson takes a look at the week in Brussels blogging. The EU centre and the crisis Portugal’s constitutional court recently rejected the terms of that country’s bailout by the EU/ECB/IMF Troika. Lost in EUrope praises the judges for upholding the … Continue reading
Posted by: April 12, 2013
Apr 8 2013
Contrary to what is promoted by the EU’s central bankers, higher taxes tend to coincide with lower deficits and low debt.
Eurozone central bankers have advocated cutting taxes as part of deficit reduction, placing the burden entirely on public spending cuts, while politicians across the eurozone have tended to prefer spending cuts over tax increases in implementing austerity. But are lower … Continue reading
Posted by: April 8, 2013
Mar 7 2013
The troika should recognise the efforts made by Portugal to rebalance its finances and adjust the country’s bailout conditions.
In May 2011 Portugal negotiated an IMF-EU bailout package of 78 billion euros, designed to help the country stabilise its finances. In return Portugal agreed to implement a number of reforms, with a target to reduce its budget deficit to … Continue reading
Posted by: March 7, 2013