Merkel Hysteria

If a case study was needed on how NOT to conduct EU negotiations, the October EU summit provides it. It has long been the bane of EU politics that the carefully crafted, finely balanced and nuanced written conclusions of an EU summit can be blown out of the water by a President or Prime Minister ...

On structural reforms and job creation

In my recent post Getting beyond Europe's spend more/spend less debate, I focused on the pros and cons of structural reforms including labour market reforms. This recent article in the Economist, drawing on recent studies from the IMF and OECD (linked at the end of the article), points out that the economic impact of structural ...