Tag Archives: Eurozone

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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Mar 20 2013

Cyprus is the latest casualty of Germany’s ‘one size fits all’ solution to the Eurozone crisis.

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On Tuesday the Cypriot parliament rejected an international bailout deal aimed at keeping the country’s struggling banks afloat. The most controversial part of the agreement was a proposed €5.8 billion deposit levy on Cypriot bank deposits. Adonis Pegasiou writes that … Continue reading

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Jan 21 2013

As Europe’s fiscal union marches on, it is time for the centre-left to debate what it can do to make the eurozone more progressive

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While the EU edges ever closer to fiscal federalism, it still lacks a federal budget, which would be able to assist areas of the eurozone that are in economic difficulty. Dan Corry argues that in the absence of a eurozone-wide … Continue reading

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Jan 18 2013

Brussels blog round-up for 12 – 18 January: Europe’s security shortcomings, ‘show’ passports, and is the eurozone returning to normal?

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Chris Gilson and Stuart A Brown take a look at the week in Brussels blogging. The EU centre Dimitris Rapidis bids farewell to Jean-Claude Juncker who is soon retiring as the head of the Eurogroup (the meeting of the Eurozone’s finance … Continue reading

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Jan 11 2013

Brussels blog round-up for 5 – 11 January: Czechs go to the polls, France’s changing foreign policy, and is Romania a democratic inspiration?

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Chris Gilson and Stuart A Brown take a look at the week in Brussels blogging. The EU centre Craig Willy looks at the ability of the European Central Bank to compel national governments to obey its will, and wonders whether or … Continue reading

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Dec 7 2012

Europe is now stuck in a fiscal trap, brought about by the failure of orthodox economics to provide an effective strategy for economic growth.

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The United States has yet to resolve its “fiscal cliff”, its own version of austerity.  Dimitri B. Papadimitriou and Greg Hannsgen of the Levy Economics Institute offer an analysis of what they term the “fiscal trap.” They argue many economists … Continue reading

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