Issue 75 - 2010
The eurozone enters a critical phase
01 December 2010
On November 21st Ireland accepted financial support totalling around €90 billion from the EU and the International Monetary Fund (IMF). There was an awful inevitability about this outcome.
The next five years of the euro crisis: Five key questions
01 December 2010
Will the euro break up?
The euro crisis is rooted in structural imbalances that even on an optimistic scenario will endure for years. Germany has a current account surplus and weak domestic demand, while Greece, Ireland, Italy, Portugal and Spain - after years of profligacy - suffer from current account deficits...
The euro crisis is rooted in structural imbalances that even on an optimistic scenario will endure for years. Germany has a current account surplus and weak domestic demand, while Greece, Ireland, Italy, Portugal and Spain - after years of profligacy - suffer from current account deficits...
Britain cannot afford to neglect EU defence efforts
01 December 2010
Britain is showing an unprecedented interest in closer defence co-operation with its European partners. The coalition government in London should be commended for initiating bilateral deals and projects amongst a limited number of EU countries.