About: economic crisis

Europe’s ‘working poor’ and populism are on the rise

Driven by a labour market recovery, EU citizens’ opportunities for social participation have improved slightly for the first time since 2008. But not everyone is benefiting. A high risk of poverty persists in many countries, especially in southern Europe, warn Daniel Schraad-Tischler and Christof Schiller.

Brexit 08-02-2016

From Grexit to Brexit

The economic crisis, the threats of Grexit and Brexit and the death of Schengen are all failures of the EU. To survive, the bloc must learn to solve the root causes of its problems, writes Ernest Maragall.
Global Europe 22-01-2016

Germany is the poster child of an accident waiting to happen

Export-oriented Germany is the poster child for an accident waiting to happen, according to a review of countries most affected by the ongoing global economic slowdown,  George Friedman writes in Geopolitical Futures.
Global Europe 14-07-2015

TTIP is about managing the West’s ‘Big Contraction’

Whether leaders have verbalised it as such or not, whether it is mere instinct or intuition, the Transatlantic Trade and Investment Partnership (TTIP) is a means of confronting what Sorin Mois? calls the 'Big Contraction'.
Euro & Finance 04-02-2015

Alexis Tsipras: New hope on the horizon

The visit to Cyprus by the newly elected Greek Prime Minister Alexis Tsipras was an overwhelming success, one that offered hope that things are about to change for the better, writes Andreas Chrysafis.
Climate change 13-12-2013

European youth trapped in a continuous cycle of climate and economic crisis

The future of Europe is uncertain in the face of global climate change, and the risks of socio-economic instability this will bring. In order for European institutions to uphold their moral responsibility to represent what matters to young people, they must make the political choices to build a low carbon European economy, write Louisa Casson and Camilla Born.
Euro & Finance 06-12-2013

The great recession, the dismal recovery and the silent depression

If there ever was a time in recent years when the inadequacy of our metrics of societal success was on full display, it is the “dismal recovery” we see in both the US and Europe. The gap between politics and citizens is of serious consequence for democracy on each side of the Atlantic, writes Éloi Laurent.
Elections 30-09-2013

Germany and the EU: a new cycle?

A new coalition in Germany may revamp its EU policy towards more commitment. The country's partners will have to get a better grasp of its concerns, but the new constellation can foster further progress in Europe, write Jacques Delors, Antonio Vitorino and Yves Bertoncini.
Euro & Finance 08-11-2010

Not only governments are to blame for exploding government debts

Although EU governments do bear responsibility for their current debt problems, this is only half the story as the financial crisis was triggered by unsustainable increases in private debt, writes Paul de Grauwe, professor of economics at the Katholieke Universiteit Leuven in Belgium.
Euro & Finance 20-10-2010

Why can’t Romania get through the crisis?

Central and Eastern Europe may have returned to economic growth but this does not include Romania, which needs to face reality and change its policies if it is to emerge from the crisis, writes Romanian MEP Corina Cretu (Socialists & Democrats), a member of the European Parliament's special committee on the financial, economic and social crisis.
Elections 15-10-2010

Is Belgium next?

As Belgium's political instability continues, the country's economic future looks increasingly precarious and whether it will be next to succumb to a debt crisis depends on which scenario the Belgians end up choosing, write Susanne Mundschenk and Raphael Cottin, executive director and research associate at Eurointelligence.
Euro & Finance 24-09-2010

Rebuilding euro governance

Leaving greater scope to financial markets is the best way to achieve the original aims of the euro, writes Niels Thygesen, professor of economics (emeritus) at the University of Copenhagen and a former independent member of the Delors Committee on Economic and Monetary Union in 1988-1989.
Euro & Finance 23-09-2010

Why the spectre of default just refuses to go away

City analysts in London and journalistic observers in Paris and Frankfurt already appear to have drawn the conclusion that it is only a matter of time before Greece defaults. Although the prime minister, the EU, the European Central Bank and the IMF keep on denying such a scenario, the spectre of default keeps returning and is starting to form its own reality, writes Jens Bastian, senior economic research fellow for South Eastern Europe at ELIAMEP, in an exclusive op-ed for EURACTIV.
Euro & Finance 21-09-2010

Holding back Europe’s economic nationalists

EU member states acting alone in tackling the crisis have created distortions in the single market, writes Elie Cohen, research director at France's Centre National de la Recherche Scientifique (CNRS).
Euro & Finance 30-08-2010

Gazelles and Turtles

The financial crisis is over but the world is currently divided into two groups: those countries that are recovering strongly and those that are lagging behind with new potential problems, writes Hans-Werner Sinn, professor of economics and public finance at the University of Munich and president of the Ifo Institute, in an August op-ed.
Euro & Finance 28-06-2010

What euro crisis?

It would be premature to sound the euro's death toll over market reactions to the Greek bailout, argues Hans-Werner Sinn, professor of economics and public finance at the University of Munich and president of the Ifo Institute, in an op-ed. 
Euro & Finance 08-06-2010

Tough home truths in IMF report

The International Monetary Fund (IMF) ''does not mince its words'' in calling on the eurozone countries to transform their economies, slash public spending and pursue economic governance in its recent report on the eurozone crisis, writes Michael Berendt, formerly senior policy adviser at Fleishman-Hillard, in a June blog post.
Regional Policy 10-05-2010

EU needs ambitious project with citizens at heart

"Municipalities and regions are the most relevant representatives of citizens as they are their voices at the European level," writes Mayor and Governor of Vienna Michael Häupl, president of the Council of European Municipalities and Regions (CEMR), in a May paper.
Competition 23-04-2010

Competition policy: Help or hindrance to Europe’s economic recovery?

Competition policy is essential for sustainable growth and a pillar of economic recovery, while those who want to relax competition during the economic downturn or protect national markets and support inefficient national businesses are "wrong", said Joaquín Almunia, European Commissioner for Competition, at a European Policy Centre (EPC) briefing on 19 April. Extraordinary public support measures were introduced to help the EU through the crisis, but these are now gradually being reduced and markets will start to function normally again, writes the EPC in its report of the event.
Euro & Finance 16-04-2010

Whatever happened to the G20?

Although the G20 was hailed as the body that would prevent another great depression, it has practically disappeared from public view and is over-represented by Europe – which will have to streamline its participation at some point, writes Katinka Barysch, deputy director of the Centre for European Reform (CER), in an April paper.
Euro & Finance 31-03-2010

Why the Greek crisis matters to its neighbours in southeast Europe

The countries of southeastern Europe cannot remain indifferent to the ongoing fiscal and debt crises in Greece due to the latter's track record of foreign investment, foreign policy focus in the region and growing trade volumes, writes Jens Bastian, senior economic research fellow at the Athens-based Hellenic Foundation for Foreign and European Policy (ELIAMEP), in a March op-ed.

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