Issue 92 - 2013
Banking union – or Potemkin village?
27 September 2013
Since mid-2012, the eurozone crisis has been in remission. The period of relative calm which has prevailed since then has not been the product of an upturn in economic fortunes: until the recent summer uptick, the eurozone had suffered six consecutive quarters of declining activity and rising unemployment (a result in part of synchronised fiscal austerity across the region as a whole).
Europe cannot make up its mind about the US pivot
27 September 2013
Two years ago the United States announced a renewed focus on the Asia-Pacific. Its strategic rebalance – also known as the 'pivot' – is driven, among other things, by worries about security. But the EU and its member-states are confused about what this American shift means for their...
Whatever happened to the Schengen crisis?
27 September 2013
EU ministers will put years of political wrangling behind them this autumn when they sign off a new set of rules for the Schengen area.