Is the eurozone shrinking ?
Over the next few days, EU political leaders have to decide what to do about the Greek debt crisis. Leading economists and quite a number of EU politicians are deeply divided when it comes to putting...
View ArticleWill the EU outlast the euro crisis ?
According to the laws of aerodynamics, the honey bee is too heavy and its wing shape cannot support it in the air. This, nevertheless, does not prevent it from flying and tirelessly collecting pollen...
View ArticleTwo-speed Europe
The decisions agreed upon by EU leaders during the 26th of October summit – the leveraging of EFSP, the “voluntary” 50 percent reduction of Greece’s debt, improved coordination of fiscal policies...
View ArticleWhat is Papandreou’s real agenda ?
Before the G20 meeting in Cannes, the unthinkable happened. To the utter surprise of EU and G20 leaders alike, Greek prime minister George Papandreou dropped the bombshell announcement about the...
View ArticleTowards a two-union Europe ?
Standard & Poor’s decision this week to downgrade the country ratings of France, Italy, Spain and Portugal, not only aggravates the sovereign debt crisis, but it actually divides the EU in two. The...
View ArticleEU decision-making: going the wrong way about it
We’re heading towards a Soviet-style union run by a Politburo made up of national political leaders uninterested in consulting the European Parliament on important decisions affecting our lives. Whilst...
View ArticleEU’s Foreign Policy Assessed
Amid international media acclaim, the European Council on Foreign Relations has recently released the results of its innovative EU foreign policy research project, the 2012 European Foreign Policy...
View ArticleThe EU’s austerity-induced recession
The eurozone’s unemployment rate has reached 10.7 percent in January, meaning 16.9 million people out of work, of which 5.5 million young people under 25. If we add to these figures the 2.7 million...
View ArticleFTT’s introduction: a case of too little, too late ?
The introduction of an EU-wide financial transactions tax (FTT) has been delayed again in Brussels, as it has met with strong opposition from a group of countries led by Britain. Undaunted, the French...
View ArticleA possible exit from the euro crisis
Slowly but surely, the set of remedies employed in the hope of solving the euro crisis is now spreading recession from the periphery to the core of the eurozone. Austerity measures, accompanied by an...
View ArticleMy views on Grexit
With protracted negotiations still going on in Brussels, I would like to provide my readers with an opinion I have expressed in February this year, in an email exchange with my younger Blogactiv...
View ArticleEU: what are Latin countries waiting for ?
Very few American experts grasp the motivations behind the construction of the European Union. As a result, American specialized literature abounds with misguided comparisons, such as that between the...
View ArticleEU: Undoing Germany’s “Reluctant” Hegemony
To those in the know, the Italian peninsula was not only the cradle of the Roman Empire or Rome the centre of the Catholic faithful, but also the birthplace of capitalism and of countless statecraft...
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EU: Dark Clouds on Eurozone Sky
In Wolfgang Schaeuble’s Germano-centric EU, no institution is more important – apart from his Politburo-like Eurogroup and the Office of the Chancellor – than his Ministry’s Council of Economic...
View ArticleWhy the ‘Berlin consensus’ is toxic for the EU
Over the past fifteen years, quite a lot of criticism has been levelled by the “MIT gang”° against what has become known as the Washington consensus. Very little or no public discussion, however, has...
View ArticleItaly and the Euro
The change of government in Italy calls into question the German leadership of the European Union, which was myopic at best. Italy has never benefited from the introduction of the euro. Its GDP per...
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