Research
Greece's real challenge
03 February 2012
Greece's new bail-out package needs less austerity and more structural reforms. A bloated and immobile public sector remains a drag on growth.
Why France is leaving Afghanistan
02 February 2012
France has sent a clear message by withdrawing its troops early from Afghanistan: NATO is failing to meet its objectives. The problem lies in Kabul not Paris.
Issue 82 - 2012
27 January 2012
- Needed: A growth strategy for Europe, Simon Tilford
- Why an EU financial transactions tax is a red herring, Philip Whyte
- The US declares peace in Europe, prematurely, Tomas Valasek
The Baltic states and Ireland are not a model for Italy and Spain
27 January 2012
Were Italy and Spain to emulate the Baltics states and Ireland, the implications for the European economy and the future of the euro would be devastating.
Needed: A growth strategy for Europe
26 January 2012
The struggle to address the eurozone crisis means that Europe's unprecedented economic malaise is receiving far too little attention. To the extent that the EU has a growth strategy it relies heavily on the adoption of structural reforms in the crisis-hit eurozone economies. But such reforms alone will not drive...
Why an EU financial transactions tax is a red herring
26 January 2012
Ever since it was first mooted in the 1970s, a financial transactions tax (FTT) has often been thought of as an interesting idea that cannot work in practice (because it needs to be adopted universally if it is not to be undermined by tax arbitrage). In other words, the difficulty...
The US declares peace in Europe, prematurely
26 January 2012
The Pentagon's 'strategic guidance', released on January 5th, makes three key changes: it establishes Asia as the focus of US military efforts, with the Middle East a close second. It foresees fewer 'nation-building'
missions such as the one in Afghanistan, and more strikes from afar and from the air, sometimes...
missions such as the one in Afghanistan, and more strikes from afar and from the air, sometimes...
Three views on modernisation and the rule of law in Russia
23 January 2012
Russia's economy is held back by corruption and a weak legal system. Three experts explain why reform is difficult, but also give cause for hope.
Saving Schengen: How to protect passport-free travel in Europe
20 January 2012
Schengen countries must decide when Bulgaria and Romania should join, whether Greece should leave and how to work more closely with Turkey on border control.
Is Austria the new Finland?
13 January 2012
Germany and France tend to pre-cook euro rescue plans. Smaller EU countries resent being sidelined. Slovakia and Finland have threatened vetoes and demanded concessions. Which country is next?
What Europe's new diplomatic service can do for Britain
10 January 2012
Following a recent agreement on EU foreign policy the UK should not miss an opportunity to use Europe's new diplomatic service to reinforce British interests.
The Commission's energy roadmap is a missed opportunity
22 December 2011
Instead of modelling scenarios in its 2050 energy roadmap, the Commission should have identified priorities for 2012 action: energy efficiency, ETS and a 2030 renewables target.
The UK-EU split: The impact on Central Europe
13 December 2011
The UK decision to boycott the new EU treaty has left like-minded countries in Central European in weaker position to resist France's etatist tendencies.
Britain on the edge of Europe
09 December 2011
The Brussels agreement on December 9th will weaken British influence in the EU and could damage the single market.
EU summit: Enough to save the euro?
08 December 2011
The UK’s decision to marginalise itself by vetoing a new EU-27 treaty has dominated the post-summit media coverage. And for good reason – it could prove a big step towards UK withdrawal from the EU. However, the bigger question is whether the agreement reached at the summit will do anything to address the fundamentals of the euro crisis.
The EU and migration: A call for action
01 December 2011
All across the EU, voters are worried about immigration. Charles Clarke outlines the steps needed at EU level if governments are to tackle migration issues effectively.
The French learn followership
30 November 2011
France is backing Germany’s wish for a new treaty to enshrine strict budgetary discipline. In exchange, it hopes Germany will save the euro.
The curious case of German leadership
29 November 2011
Is Berlin leading in the euro crisis? Many Germans say it does, by spreading ‘stability culture’ – but not by telling the ECB what to do.
Monnet loses to de Gaulle
28 November 2011
The euro crisis is transforming the balance of power in Europe. Germany is emerging, for the first time in the EU’s history, as the unquestioned leader. France is having to adjust to a subordinate role. The euro countries are likely to integrate more closely, leading to a two-speed Europe. Britain...
The ECB must stand behind the euro
28 November 2011
The eurozone is now subject to a full-blown run on its bond market. Spanish and Italian borrowing costs are now higher than those of Greece, Ireland and Portugal when they were forced to seek bail-outs from the EU and IMF. The crisis has spread to Belgium and France, and even...