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Tag Archives: Euro
May 1 2013
Poor economic performance may leave the UK with no choice but to join the euro if it wishes to remain in the EU.
In light of the Eurozone crisis, many commentators in the UK maintain that the Eurozone and the EU are doomed. Recalling the UK’s desire to remain apart from embryonic attempts towards European integration in the 1950s, Tim Bale argues that, … Continue reading
Posted by: May 1, 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
Apr 5 2013
Brussels blog round-up for 30 March – 5 April: A turbulent Easter for Cyprus, Iceland’s crowd-sourced constitution canned, and is the Eurogroup opaque?
Chris Gilson takes a look at the week in Brussels blogging. The EU centre and the crisis In the aftermath of the Cyprus bailout crisis, The New Federalist wonders if the Cyprus bail-in is now a model for rescuing EU member … Continue reading
Posted by: April 5, 2013
Mar 1 2013
Brussels blog round-up for 23 February – 1 March: Beppe Grillo shocks Berlin and Brussels, Putin’s Eurasian Union ambitions, and should bankers’ bonuses be capped?
Chris Gilson and Stuart A Brown take a look at the week in Brussels blogging. The EU centre and the crisis According to Open Europe, after weekend elections, Cyprus is currently in the process of negotiating a large bailout, from the … Continue reading
Posted by: March 1, 2013
Feb 15 2013
Despite a historic fall in spending, last week’s budget deal will help to increase the EU’s effectiveness.
At last week’s European Council summit, the EU’s leaders agreed to a real terms spending cut to the EU budget for the first time. Despite this, Patrick Diamond and Renaud Thillaye argue that not only could the overall amount of … Continue reading
Posted by: February 15, 2013
Feb 4 2013
Many commentators advocate a banking union as a partial solution to the eurozone crisis, arguing that it will break the ‘vicious circle’ between weak banks and weak sovereigns. Looking at the current role of the European Stability Mechanism, Sony Kapoor … Continue reading
Posted by: February 4, 2013