Eurozone crisis

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    Germany is stuck with a crisis it did not foresee and can no longer control

Germany is stuck with a crisis it did not foresee and can no longer control

Germany is often described as a ‘reluctant hegemon’ in the sense that it has found itself pushed to the centre of EU affairs by the Eurozone crisis. Peter Nedergaard and Holly Snaith write that the increasing importance of Germany in the EU has resulted in a particular brand of German ‘ordoliberal’ thinking becoming institutionalised at the European level. They […]

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    Saving the euro at all costs could lead to the hollowing out of European democracy

Saving the euro at all costs could lead to the hollowing out of European democracy

Since the financial crisis, a process of change has been underway which has seen a new model of technocratic financial and economic governance take hold across Europe. Alexander Ruser argues that these reforms, motivated by a desire to save the euro ‘at all costs’, could bring about the hollowing out of democracy, with the will of the people increasingly […]

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    With Greek debt negotiations at a critical phase it is time for Germany to end its policy of ‘muddling through’

With Greek debt negotiations at a critical phase it is time for Germany to end its policy of ‘muddling through’

The Greek government is currently attempting to negotiate a deal with other Eurozone states over the country’s debt. Joshua Aizenman writes on the approach of Germany throughout the crisis. He argues that the German government’s perspective is best characterised as a form of ‘muddling through’, whereby stronger action to solve the Eurozone’s instability is only advocated when Germany’s domestic […]

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    Two years after Mario Draghi’s ‘whatever it takes’ moment, the Eurozone is once again staring into the abyss

Two years after Mario Draghi’s ‘whatever it takes’ moment, the Eurozone is once again staring into the abyss

Growth in the Eurozone has declined significantly over recent months, raising fears that Europe could be heading toward another economic crisis. Bob Hancké writes on what it would take to generate growth in Eurozone states. He argues that the best – and possibly only – option for European governments is to adopt a strategy of public investment in infrastructure, […]

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    The European Parliament elections may be a landmark for Eurosceptics, but the EU’s future direction will be decided elsewhere

The European Parliament elections may be a landmark for Eurosceptics, but the EU’s future direction will be decided elsewhere

The European Parliament elections on 22-25 May are expected to see a large increase in seats for Eurosceptic parties across a number of EU countries. Seamus Nevin writes that while a result of this nature would prompt a wide debate about the quality of EU democracy, the key decisions shaping Europe’s future will nevertheless be made elsewhere. The real […]

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    The Eurozone crisis has laid the foundations for Poland to take a more central role in EU affairs

The Eurozone crisis has laid the foundations for Poland to take a more central role in EU affairs

Poland became an EU member during the 2004 enlargement, but has yet to join the euro. Agata Gostyńska assesses the first ten years of Polish EU membership and the potential for the country to take a more central role in EU decision-making. She writes that Poland has made a successful transition from a ‘junior member state’ to a stronger […]

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