Press

"The balance of forces in the eurozone is a little like it was in the Cold War: both sides are brandishing deterrents that would be too horrendous to use," said Philip Whyte, a senior research fellow at the Centre for European Reform in London. "It's all going to turn on whether you can fiddle with debt maturities without calling it a credit event."

A recent paper by the Centre for European Reform, and think-tank in London, makes some sensible recommendations [Surviving Austerity: The case for a new approach to EU military collaboration by Tomas Valasek].

"Governments need to be able to point to the light at the end of the tunnel," says Simon Tilford, chief economist with the Centre for European Reform, a London-based think tank that supports European integration. Tilford says Greece and the other ailing economies are denied, by their use of the euro, the normal tools countries might use to address deep deficits, such as devaluing currency by printing money.

Simon Tilford, chief economist of the Centre for European Reform, believes that Europe will eventually have to write off about half of the debt of countries such as Greece and Ireland. "Far from improving access to the financial markets, the support packages for Greece and Ireland have left these countries facing record borrowing costs," said Tilford. "The markets do not believe that the struggling euro countries are going to grow rapidly enough to service their debts.

"There is a perception that Europe's way of life is under threat", said Simon Tilford, chief economist at the Centre for European Reform, a London-based think tank. "In Spain, they face years of painful adjustment with no guarantee there will be a return to economic growth", he said.

"The British are disappointed that the US seems only to be half-committed to this battle," said Charles Grant, director of the Centre for European Reform in London. "The view goes that even if the US felt it had to make withdrawals, to say so in public would allow Gaddafi to relax and think that the US didn't really want to get rid of him."

"Das müsste schon ein sehr, sehr starker Kandidat sein", sagt Simon Tilford, Chefökonom der Londoner Denkfabrik Centre for European Reform, im Gespräch mit der "Wiener Zeitung". ... "Er hat es ermöglicht, dass die Widerstände im IWF gegen ein Engagement in der Eurozone überwunden wurden", sagt Tilford. ... Der IWF zählte zwar einerseits zu den institutionellen Gewinnern der "Großen Rezession": Er konnte sich in der Krise seinen Ruf als Finanzfeuerwehr zurückerobern und kehrte dafür von alten, teilweise überholten Dogmen ab. Dieser Kurswandel sei nicht zuletzt mit Strauss-Kahn verbunden ...

Lukashenko's economic model and social contract with the Belarusian people is based on hand-outs, mostly from Europe and Russia, Tomas Valasek from the Centre for European Reform told The Moscow News, after election violence and brutal police crack downs on opposition protestors put a new crack in Lukashenko's relations with the European Union.