About: bailout

Economy & Jobs 20-04-2017

IMF holds keys to Greece’s fate

The International Monetary Fund must hold firm to its stated position in support of debt relief for Greece in meetings of finance ministers that will take place in Washington this week, writes William Rhodes.
Euro & Finance 14-07-2016

The threat of populism must be a non-issue in decision to fine Portugal and Spain

Stability and Growth Pact rules must be applied to the letter if the eurozone is to keep any kind of credibility. Populism must not be used as an excuse to reward irresponsible budgetary policies, argues Friedrich Heinemann.
Euro & Finance 05-04-2016

The Cypriot economy: Turning the page

At the time of the 2012-2013 financial crisis, few could have predicted that three years later, Cyprus would be out of the woods, writes Nikos Chistodoulides in an exclusive op-ed for Euractiv.com
Euro & Finance 03-08-2015

A Greek Versailles?

Former Greek Finance Minister Yanis Varoufakis denounced the July bailout agreed between prime minister Alexis Tsipras and the eurozone leaders as a “new Versailles Treaty”. Quincy Cloet asks if this is a fair comparison. 
Euro & Finance 14-07-2015

The 12 July agreement puts Greece on a slippery slope towards right-wing extremism

The latest Greek bailout deal comes with harsh and humiliating conditions that will push anti-austerity voters into the arms of the extreme right Golden Dawn party, argues Pavlos Vasilopoulos. 
EU Priorities 2020 07-07-2015

In search of a vision for Europe

No matter what happens today, Europe's leaders will be judged by history, not on how much they spent or saved, but for their vision, writes Petros Fassoulas.
Euro & Finance 07-07-2015

The ECB must fulfil its role as a ‘lender of last resort’ in Greece

Cutting the ECB's lifeline to Greek banks would push the country out of the eurozone and recklessly endanger the reputation of the ECB and the euro itself, argues Matthias Kroll.

Portugal: The long and painful path of austerity

If the conclusions from the last EU summit refer to the “social challenge” of unemployment, the European Commission can now be considered the more realistic of EU institutions in referring to a “social crisis,” writes Klaus Heeger.
Euro & Finance 27-03-2013

A punishment, not a solution, for Cyprus

There is no doubt that the coming months are going to be dramatic for Cypriots, writes Nikos Chrysoloras.
Euro & Finance 31-10-2012

A letter to our fellow European citizens

Spain has benefited enormously from its EU integration and has been regarded as one of the 'miracles' of the past few decades.  However, major errors were committed that now need to be addressed, argue Ángel Saz-Carranza and Carlos Buhigas-Schubert.
Euro & Finance 02-10-2012

Spain: Reform or break-up

A point of no return has been reached in the negotiations between the Spanish and Catalan governments, raising doubts about the future of the country, says Joan Marc Simon.
Energy 31-08-2012

Hungary’s bid to nationalise E.ON could spur funding backlash

  Hungary's plan to nationalise E.ON is the latest instance of the Orbán administration's efforts to consolidate control over the country's energy and utilities sector. The operation is expected to cost nearly €2 billion at a time of challenging economic problems for the country, writes Stratfor.
Euro & Finance 26-07-2012

Regional tensions within EU countries

The European crisis has exposed the financial fragility of the EU's regions and municipalities, which in turn is a reflection of these countries' economic vulnerability. The crisis has also laid bare the disparities between regions and threatens to destroy the solidarity that unites the different regions of a state, argues Stratfor.
Brexit 15-06-2012

Germany moves slowly towards a solution

Germany and Chancellor Angela Merkel have the opportunity to unify Europe for the third time in a century but, this time, through peaceful, democratic and "solidarisch" means, says David Gow.
Euro & Finance 11-06-2012

US lawmaker: No ‘blank cheque’ for Europe

The Obama administration has quietly endorsed the International Monetary Fund's support for European bailouts because the White House believes the deals will enforce "austerity" and gradually revive Europe's struggling economies. Now is the time to question that assumption, says Cathy McMorris Rodgers.
Euro & Finance 16-05-2012

Greece must remain in the eurozone

If Greece were to exit the eurozone, expansionary fiscal policies and successive competitive devaluations will not work, as they have not worked in the past. The root of the crisis is not austerity, but the fact that Greece essentially ceased its efforts to reform after the adoption of the euro, writes Nikos Chrysoloras.
Development Policy 06-04-2012

China’s bailout for Europe: Learning to hear no

Although not always directly, China has made clear that it won't support the severely wounded eurozone either by a blank cheque nor huge investments until it shows that it can first save itself, writes Duncan Freeman from the Brussels' Institute of Contemporary China Studies.
Euro & Finance 28-02-2012

Greece: The odds of growth

Demonising tax evasion and corruption in Greece has long been a governmental strategy in order to avoid the politically costly structural reforms that could lead the country out of its current crises, argues Anna Visvizi.
Euro & Finance 15-02-2012

Greece: Drifting away from default

The austerity measures agreed recently by the Greek Parliament have yet to convince EU leaders, and though the country may avoid default, it is likely to drift into other dark alleys, writes Anna Visvizi from DEREE - The American College of Greece.
Euro & Finance 09-02-2012

The vicious cycle of Greece

Whatever the solution in the tug of war between the Troika and the Greek authorities, it is ordinary Greeks who will be punished for the collective mistakes of their leaders and the mistakes of their colleagues in the other European states, argues Yiannis Roubatis.
Euro & Finance 07-02-2012

Greece: Between bailout and default

With the negotiations balancing on a thin line between bailout and default, what the Greek economy needs is a major reduction of the public sector followed by privatisation and tax reductions, writes Anna Visvizi from the American College of Athens.
Climate change 30-01-2012

Will fossil-fuel giants be bailed out like the banks?

As political and societal will gathers to massively cut carbon emissions over the next years, the value of carbon-intensive oil and gas firms is likely to plummet, potentially leaving taxpayers with the burden for bailing them out, argues Matthew Ulterino.
Euro & Finance 25-10-2011

Euro zone crisis: Is the EU’s political suicide the only solution?

European leaders must be desperate to consider their main external partners, via the IMF, as the new solution to save the European economy. Should they accept this, they will enter world history as those who buried the European project and turned Europe into a second-rank actor, writes Maria Joao Rodrigues, a former Portuguese minister and adviser to the EU institutions.
Euro & Finance 24-08-2011

The Eurozone Odyssey: A battle between austerity and stimulus

As the Greek debt crisis continues to unfold, the euro zone appears to be divided between the pursuit of continued stimulus that endangers state balance sheets and austerity measures that put a putative recovery in further doubt, writes Alexander Mirtchev, president of the Royal United Services Institute for Defence and Security Studies (RUSI).