Category Archives: Euro

Jun 7 2015

Greece – Deal or no deal? Parameters of a decision

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By Max Hänska It appears to me that much of the ongoing discussion about the Greek debt talks misinterprets the parameters of the challenge, and the resulting (irreconcilable) disagreement. Some economists attribute the standoff to the unwillingness of creditors to accept economic facts (Greece … Continue reading

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Jun 2 2015

Europe entrapped? An interview with Claus Offe

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By Claus Offe and Daniel Whittall Europe remains mired in a crisis as much political as it is economic. The crisis has been long in the making and its dynamics stem from the institutional structures that govern European politics.  In Europe Entrapped Claus Offe, Professor … Continue reading

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May 22 2015

Are Italian Public Debt Forecasts Too Optimistic?

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By Giuseppe Bianchimani Italy, a history of large public debt Italy has the third largest stock of public debt in the world, the second in the euro zone next to Greece and the highest debt service ratio in the G7. … Continue reading

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May 18 2015

Eurosceptics at a Junction: Antagonising the EU for the Sake of it is Risky

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By Alessio Colonnelli All right-wing parties seem to dabble in anti-EU rhetoric more or less radically: the EU weakens the prerogatives of their nation-states. Germany’s Christian Democratic Union is a conspicuous exception; it sharply antagonises the further-to-the-right Alternative for Germany, … Continue reading

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Feb 14 2015

Greece’s government deserves benefit of doubt

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By Max Hänska Wednesday’s Eurogroup meeting managed to underwhelm low expectations, as talks even failed to agree the usual face-saving joint statement outlining a structured agenda for future talks. It appears Varoufakis disappointed Eurogroup ministers by arriving without a written plan, and … Continue reading

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Feb 11 2015

The Greek Government’s programme: an act of defiance or a call for compromise?

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By Eleftherios Antonopoulos & Konstantinos Kostagiannis International media described the Greek prime minister’s address to the parliament on Sunday as “defiant” (BBC and Reuters for example). Yet, what emerged from the speech was a mildly coherent attempt to bridge the … Continue reading

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Jan 28 2015

The End of Austerity in Europe? 

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By Max Hänska After a spectacular swing to the left, away from a political establishment that ruled the country uninterrupted for decades, Greece’s election signals the changed mood that is taking hold of Europe. Austerity has failed. What economists have … Continue reading

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Oct 1 2014

Why Italy Will Not Make It

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By Roberto Orsi Three articles by prestigious commentators (Ambrose Evans-Pritchard and Roger Bootle for The Telegraph, Wolfgang Münchau for Financial Times) have recently appeared in the financial press about the economic situation of Italy and the (in)stability of its national … Continue reading

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Jun 10 2014

Mind the Gaps: The Political Consequences of the Great Recession in Europe

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By Diego Muro and Guillem Vidal The financial crisis that started in 2008 had an unanticipated magnitude. What at first glance appeared as a manageable frailty of the financial sector rapidly derived into a Great Recession with on-going continuity into … Continue reading

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May 30 2014

The European Elections in Germany: Satire and Concerns over the European Project

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By Max Hänska The European elections in Germany didn’t produce major surprises, yet a mood of trepidation and uncertainty prevails. The Christian Democrats did better in absolute numbers than in the last election though relatively their share of the vote remained … Continue reading

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