Iain Begg

  • Permalink Gallery

    Rumours of the euro’s likely demise are greatly exaggerated

Rumours of the euro’s likely demise are greatly exaggerated

To what extent do the problems illustrated by the Greek debt crisis threaten the future of the Eurozone? Iain Begg writes that while the prospects for Greece continue to be deeply uncertain, the wider reforms that have been pursued across the Eurozone since the crisis still give reason for optimism about the future of the single currency.

Since 2009, when […]

Print Friendly, PDF & Email
Share
  • Permalink Gallery

    Push or jump? Why the UK could be facing a ‘Brexpulsion’ rather than a ‘Brexit’

Push or jump? Why the UK could be facing a ‘Brexpulsion’ rather than a ‘Brexit’

The UK’s EU referendum is likely to be heavily influenced by the extent to which David Cameron is successful in his attempt to renegotiate the country’s terms of membership. Iain Begg writes that while Cameron’s intention appears to be to gain enough from a renegotiation to win the referendum, he faces a difficult balancing act in keeping other EU […]

Print Friendly, PDF & Email
Share
  • Permalink Gallery

    What does the Five Presidents’ report mean for the future of the euro?

What does the Five Presidents’ report mean for the future of the euro?

On 22 June the so called Five Presidents’ report, authored by Jean-Claude Juncker, Donald Tusk, Jeroen Dijsselbloem, Mario Draghi, and Martin Schulz, was published, outlining plans for strengthening economic and monetary union. Iain Begg assesses what the report means for the future of the euro. He finds that while some of the proposals are well-judged and combine ambition with […]

Print Friendly, PDF & Email
Share
  • Permalink Gallery

    The UK’s £1.7 billion EU bill puts the country one step closer to a ‘Brexit’

The UK’s £1.7 billion EU bill puts the country one step closer to a ‘Brexit’

The UK has been asked to pay an extra £1.7 billion to the EU budget by 1 December following a reassessment of the size of the British economy. Iain Begg writes that while the issue has generated an extremely hostile reaction from David Cameron, the data correction process used to arrive at the figure is well-known to the UK […]

Print Friendly, PDF & Email
Share

Margaret Thatcher maintained a difficult relationship with Europe, but she was far from a figurehead for Euroscepticism.

The funeral of Margaret Thatcher, the former British Prime Minister, is due to be held in London today. Reassessing her impact on Britain’s relationship with Europe, Iain Begg argues that she maintained a far more nuanced position on Europe than is commonly recognised. The image of a staunchly Eurosceptic Prime Minister is at odds with her support for the single […]

Print Friendly, PDF & Email
Share

The Cypriot banking crisis shows that Europeans have yet to work out the answer to the question, ‘who pays?’

The past week has been a tumultuous one for Cyprus, with negotiations and renegotiations towards a bailout for the country’s embattled banks. While an agreement has finally been struck, Iain Begg writes that the crisis is a direct result of an over-extended banking system: something that also affects other Eurozone members. The solution, to make bank depositors pay, could undermine […]

Print Friendly, PDF & Email
Share
  • Permalink Gallery

    It is entirely possible that Britain could leave the European Union within the next decade.

It is entirely possible that Britain could leave the European Union within the next decade.

The prospect of a referendum on the UK’s membership of the European Union was a recurring theme in 2012. Ahead of David Cameron’s speech on Europe, Iain Begg assessed recent developments on Britain’s future relationship with Europe. He argues that current trends are making a British exit from the EU more likely, and that even if the country maintains EU membership, […]

Print Friendly, PDF & Email
Share

The UK will gain very little from blocking a deal on the EU budget.

On the 22nd and 23rd of November, the European Council will meet to discuss the next seven years (2014-2020) of the EU budget. While this process is typically prolonged and divisive, the upcoming negotiations are expected to be particularly problematic due to the commitment of the UK government to avoid a real-terms increase in the overall size of the budget. […]

Print Friendly, PDF & Email
Share

If Greece does not do enough to convince its creditors to maintain the flow of funding, it will be in default. But this does not necessarily mean a Euro exit.

Following elections earlier this month, Greece’s political parties failed to form a government, and fresh elections are now set for June. Christopher Alessi of the European Council on Foreign relations interviews the LSE’s Iain Begg, who argues that while the political and economic uncertainty in Greece is likely to have a dampening effect on the global economy by aggravating uncertainty, […]

Print Friendly, PDF & Email
Share

A well designed Europe-wide financial transactions tax could be a powerful source of revenue for the EU budget

What would be the implications of a financial transactions tax in Europe? While the French argue such a tax would help stabilize the debt crisis, the British believe that the instrument would prompt an exodus of financial activity to other parts of the world. Iain Begg argues that the latter argument may not hold, and that the tax could become […]

Print Friendly, PDF & Email
Share

Recent measures may have signalled the beginning of the end of the Eurozone crisis. But the transformation of EU economic governance is still far from complete.

Measures such as the new Fiscal Compact and the European Stability Mechanism may have averted the immediate threat to the Euro. But, according to Iain Begg, some further measures, such as the introduction of Eurobonds, are needed on top of what has been, up until now, the largely piecemeal evolution of European economic governance. Slowly, painfully and often reluctantly, the […]

Print Friendly, PDF & Email
Share