Single market, competition & trade
A chance for further CAP reform
28 February 2011
This policy brief argues that the reform of the Common Agricultural Policy which Commissioner Fischler began over a decade ago must now be completed.
Is Germany really rebalancing?
01 February 2011
Germany has rightly been criticised for its dependence on exports and its huge trade surpluses. In normal times, when economies are growing healthily, trade imbalances pose less of a problem.
Issue 76 - 2011
28 January 2011
- European political parties are the key to EU legitimacy, Sir Julian Priestley
- A new opportunity for EU foreign policy, Charles Grant, Katinka Barysch, Tomas Valasek
- Is Germany really rebalancing?, Simon Tilford
Can Greece be saved?
20 January 2011
Will Greece have to restructure its debt? Among most West European economists and investors, this now seems to be a foregone conclusion.
Reflections on Tommaso Padoa-Schioppa and the euro
13 January 2011
At the end of last year, Europe lost Tommaso Padoa-Schioppa, an eminent central banker and economist, and one of the founding fathers of the euro.
Eurozone: Time for damage limitation
09 December 2010
Time is running out to prevent the eurozone crisis from imperilling Europe's banking system and with it the integrity of the currency union. It is beholden on policy-makers to minimise the economic (and hence political costs) to the EU.
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...
Issue 75 - 2010
26 November 2010
- The eurozone enters a critical phase, Simon Tilford
- The next five years of the euro crisis: Five key questions, Charles Grant
- Britain cannot afford to neglect EU defence efforts, Clara Marina O'Donnell
Why Berlin won't back down on euro reform
19 November 2010
The German plan for a eurozone insolvency procedure has spooked the markets and drawn political fire.
Eurozone policy-makers are playing with fire
15 November 2010
There is an awful inevitability about the latest instalment of the eurozone crisis, which looks highly likely to culminate in Ireland being forced to seek a bailout from the European Financial Stability Fund (EFSF).
Why Germany is not a model for the eurozone
22 October 2010
Many Europeans believe that confidence in the eurozone is best restored by turning the region into a larger version of present-day Germany. However, Germany is not the world-beating economy of current myth.
What currency wars mean for the eurozone
15 October 2010
The dollar has now fallen to $1.40 against the euro. This is still below the low of almost $1.60 that it reached in the middle in July 2008, but it represents a steep decline from under $1.20 in early June. Moreover, the US currency is likely to weaken further.
Divisions remain over euro reform
08 October 2010
Europeans agree that the management of the euro must be improved to prevent future crises, or deal with them better if and when they happen.
The political consequences of the euro crisis
01 October 2010
The eurozone crisis is changing the way the EU works. It is reinforcing a number of trends that had already been visible over the last decade or so: a shift towards a Union in which governments are in the driving seat, large countries matter more than small ones, and more decisions are taken by subsets of member-states.
The EU's new supervisory architecture - evolution or revolution?
01 October 2010
In early September EU finance ministers approved the Commission's proposals for reforming the EU's supervisory architecture for financial services.
Issue 74 - 2010
24 September 2010
- The political consequences of the euro crisis, Katinka Barysch
- The midterm elections, Europe and US foreign policy, Tomas Valasek
- The EU's new supervisory architecture - evolution or revolution?, Philip Whyte
How to save the euro
14 September 2010
Current efforts to reform the eurozone are set to fall dramatically short of what is required to secure the future of the single currency. Poor economic growth prospects, rather than fiscal ill-discipline, lie at the heart of the currency union's problems.
Has Germany become Europe's locomotive?
02 September 2010
The German economy has been growing exceptionally strongly of late. In the second quarter of 2010, it expanded faster than any other economy in the G7 and faster than at any time since the country’s reunification in 1990.
A childish take on the eurozone crisis
02 August 2010
In the 1970's, a group of young professionals in Washington formed a baby-sitting co-operative. The way it worked was simple. Couples who wanted an evening out could call on other parents to look after their children.