Press

Cyprus bailout incites turmoil as blame flies

Philip Whyte
18 March 2013
The New York Times
Officials scrambled to explain what went wrong and how best to control the damage of what Philip Whyte, a senior research fellow at the CER, called a “completely irrational decision” to make bank depositors liable for part of the bailout.

Boris Johnson, pourquoi les Anglais en sont fous

15 March 2013
Le Monde
"Boris n'était pas eurosceptique au début, se souvient Charles Grant, directeur du CER et qui fut correspondant à Bruxelles pour The Economist, en même temps que Boris. Il voulait devenir célèbre. Etre drôle, important, original à tout prix. Et quoi de mieux, pour cela, que s'attaquer à la pensée unique ?"

In Cyprus bailout, what's Russia got to do with it?

Simon Tilford
15 March 2013
Marketplace
Simon Tilford of the Centre for European Reform says that might have something to do the biggest banking customers in Cyprus. "By bailing out Cyprus, they are bailing out Russian oligarchs and financiers who have used Cyprus as a financial center," says Tilford.

EU could save billions with cross-border renewables co-operation

Stephen Tindale
14 March 2013
Reuters
"Germany is a good example of how renewable policy has been driven as much, or possibly more, by industrial and employment policy concerns than it has by climate policy," said Stephen Tindale, associate fellow at the London-based Centre for European Reform.

Isolated Britain fails to avert EU bank bonus cap

Philip Whyte
06 March 2013
Politics UK
"Britain has done a lot to isolate itself from the rest of the European Union," said Philip Whyte of the Centre for European Reform, a think-tank. "It isn't exercising very much influence in European debates, pretty much across the board."

Isolated Britain fails to avert EU bank bonus cap

Philip Whyte
05 March 2013
Reuters
"Britain has done a lot to isolate itself from the rest of the European Union," said Philip Whyte of the Centre for European Reform, a think-tank. "It isn't exercising very much influence in European debates, pretty much across the board."

Britain takes on Brussels

Simon Tilford, Britain vs Brussels
04 March 2013
The New York Times
The Cameron government considers the bonus cap "misguided and fear it could impact negatively on London without even combating the excessive risk-taking it was meant to address," said Simon Tilford, of the CER. "But London is caught between a rock and a hard place, as there’s much popular antipathy toward the bankers," Mr Tilford said. The issue of banker remuneration "is pretty toxic stuff Britain," he added.

L'invasion de grillons

04 March 2013
Le Monde
Pour Charles Grant, qui dirige à Londres, non sans mérite, le Centre for European Reform, "la démocratie est le talon d'Achille de l'euro". 

Quand les think tanks doutent Europe

Philip Whyte
04 March 2013
Les Echos
Philip Whyte du Centre for European Reform (britannique) critique l'expression, popularisée par les euro-sceptiques de son pays, selon laquelle  "la Grande-Bretagne s'est enchaînée à un cadavre" et voit son activité économique bridée par les mille contraintes que sait inventer la bureaucratie bruxelloise.

Europe's protest parties on the march

Charles Grant, Simon Tilford
01 March 2013
The Guardian
"Voters now associate structural reforms with slump, rising unemployment and social stress," said Charles Grant and Simon Tilford of the CER in a paper published on Friday. "The Berlin-Brussels-Frankfurt consensus on austerity that Monti's government [pursued] has discredited the very reforms that are needed to boost the Italian economy."

EU strikes deal to cap banker bonuses

28 February 2013
Reuters
"This could push British political opinion and opinion in the City of London several notches more hostile to the EU than it is already," said Charles Grant of the Centre for European Reform, a think tank.

Denmark is the easiest place in the EU to do business

Simon Tilford
28 February 2013
Information
"It's complicated," said Simon Tilford, of the CER. "Germany, for example, has a relatively high corporate tax rate, but has very generous deductions, so the real picture is more nuanced." 

Italy turmoil raises questions about ECB backstop

Simon Tilford
27 February 2013
Associated Press
"Basically investors are taking this on faith," said Simon Tilford of the CER. ..."It would be very hard for the ECB to wade into the market and buy substantial quantities of Italian debt if there is political gridlock in Italy and a broad based rebellion against the austerity strategy," Tilford warns.

Are Italian voters right that austerity isn't working?

Simon Tilford
27 February 2013
The Christian Science Monitor
"Cutting public spending in a downturn is always risky, but it is especially so when all of Europe is tightening fiscal policy at the same time. The principal reason why public deficits have risen across Europe is because private sector demand has contracted sharply," says Simon Tilford of the CER.

Uncertain election results rekindle euro crisis fears

26 February 2013
The Wall Street Journal
Democracy "is the eurozone's Achilles' heel," said Charles Grant, director of the London-based Centre for European Reform. ..."The euro isn't safe until growth returns in Southern Europe," Mr Grant said.

Election deadlock raises fears of new crisis in recently calmer eurozone

Simon Tilford
26 February 2013
The Washington Post
"The politics of the current strategy for coping with the eurozone are looking increasingly fraught and unworkable,” said Simon Tilford of the CER. "On a positive note, if it leads to a rethinking of this approach, then it could be positive for the future of the currency union," he added.

This euroscpetic isle

25 February 2013
BBC Radio 4
Charles Grant talks to James Landale about business and rising euroscepeticism in Britain (from 13.39 - 14.29).

Little clarity in Italian vote aside from anger

Simon Tilford
25 February 2013
The New York Times
"No doubt Italy has an imperfect political culture, but this election I think is the logical consequence of pursuing policies that have dramatically worsened the economic and social picture in Italy," said Simon Tilford of the CER.

EU-US trade talks promise both prizes and pitfalls

Philip Whyte
18 February 2013
Reuters
So even if the goodwill exists to park such issues in the sidings [the EU's reluctance to lower its guard against US biotech food such as genetically modified plants or hormone-fed beef], agriculture still has the potential to poison the talks, said Philip Whyte of the CER, a think-tank in London.

German shoppers hold the key to EU growth

Simon Tilford
15 February 2013
Financial Times
"Supply side reforms are no panacea," said Simon Tilford, chief economist for the Centre for European Reform, a think-tank. Germany, where unemployment is low, should be adopting expansionary macroeconomic policies to boost demand, he said.