The central lesson of macroeconomics of the past 40 years has been that low interest rates and deficit financing cannot increase the medium-term growth rate of economies, but if used to excess can lower it.
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EU banks are supposed to be able to open branches whereever they like, but some 'bail-ins' have made jurisdictions flout this principle Delete the scoop?
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The European Commission should try to find extra savings to bridge a budget shortfall this year rather than turn to member states for new cash, Dutch finance minister Jeroen Dijsselbloem told MPs yesterday (2 April), as quoted by the Dutch press. ... Delete the scoop?
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The professor has championed a strategy that would mimic a currency devaluation without a euro bust-up
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A semi-keynesian idea that actually might work. Delete the scoop?
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news + - The soul searching in Brussels is underway after Cyprus became the first member state to reject the conditions of EU assistance. Liberal MEP Guy Verhofstadt roared across the…
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"I think that the room for manoeuvre from the side of eurozone partners is extremely limited. I cannot imagine that the German Bundestag will simply say, right, the Cypriot parliament does not want to tax rich Russian depositors, so now the German tax payers will come in.” Delete the scoop?
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BRUSSELS (Reuters) - All European Union countries under surveillance for exceeding budget deficit limits should be given an extra year to meet their goals, Bruegel, an influential think-tank whose proposals...
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stress tests highlight nuclear safety concerns in reactors across europe massive investment needed to increase safety, report says.
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SPECIAL REPORT [1] / A European Commission communication to re-launch European industrial policy – to be published next month and seen by EurActiv – will face diffidence from member states left unconvinced by a string of unfulfilled... Delete the scoop?
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European commission chief José Manuel Barroso assures Britain his plans pose no threat to national democracies... Delete the scoop?
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The foreign ministers, led by Germany’s Guido Westerwelle, have called for a big increase in economic, political, diplomatic and even military integration within the European Union. Delete the scoop?
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Basing Europe on an assumption of equality seemed both false and flimsy from the very beginning. Delete the scoop?
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WHEN history books trace the evolution of the euro crisis, September 2012 will mark the beginning of a new chapter. Recent days have seen decisive moves from... Delete the scoop?
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Rising unemployment and falling manufacturing activity in the euro zone indicate a slide into a deepening recession, intensifying the challenge for euro members and the European Central Bank to find a remedy against the slump. Delete the scoop?
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Anna Will's insight:
(...)The average author and the average actor are poor, while the average banker is not. Writers have to be exceptionally talented or exceptionally lucky to make it, bankers do not. Reading Harry Potter or watching Tom Cruise (personal taste aside) adds to the lives of millions of people (at least it does not make them miserable and you are free not to engage). Problems in Banking, on the other hand, can and do pose an existential threat to whole societies, irrespective of our individual choices.(...) Delete the scoop?
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LONDON (AP) — The eurozone economy has passed another bleak milestone.
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What keeps EU economy down. Delete the scoop?
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Prime Minister David Cameron promised more stringent rules Monday to reduce outsiders’ access to social, health and housing benefits, reflecting a fraught debate in Britain.
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Looking for excuses for Brixit. Delete the scoop?
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Concerns are growing that Britain is laying plans for what political and financial pundits have dubbed “Brixit,” a variant on “Grexit” — Greece’s departure from the euro zone. The New York Times reports. Delete the scoop?
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The Lisbon Council for Economic Competitiveness and Social Renewal is a think tank and policy network committed to defining and articulating a mature strategy for managing current and future challenges.
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FRANÇOIS HOLLANDE campaigned on a promise to “renegotiate” the European fiscal pact signed by his predecessor, Nicolas Sarkozy, and Germany’s chancellor,... Delete the scoop?
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THROUGHOUT the euro crisis, policymakers have been desperate to buy time so that the therapies prescribed for troubled European economies can be administered. The... Delete the scoop?
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Eleven EU countries draw up a plan to strengthen the 27-nation bloc, bring it closer to voters and give it more international clout. Delete the scoop?
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Driven by the euro crisis, 11 European nations led by Germany propose a tighter union with more democracy. As a new model of governance and shared sovereignty, it would be one of old virtues designed for tougher global competition. Delete the scoop?
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PINCH yourself. Much that could have gone wrong in the euro zone suddenly seems to be going right. Germany’s constitutional court in Karlsruhe has given the... Delete the scoop?
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EU commission President Barroso used his state of the union speech on Wednesday to call for a new EU treaty to create a "federation of nation states."... Delete the scoop?
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