Structural imbalances in the Eurozone

A joint article – entitled ‘Austerity could only ever bring Europe so far’ – has been published in the Guardian newspaper (and elsewhere).  It is signed by the Hungarian EU Commissioner for Employment, a French MEP, an Irish government minister (Joan Burton), a former Belgian politician (and current OECD official) and the French president of ...

Defense and the Irish Presidency of the Council of the EU

As the Irish European Council presidency draws to a close, all eyes are on the big ticket items the Irish Government pledged to address: substantive progress on economic governance and banking union; jobs, growth and the single market; the MAFF; EU-US free trade; fisheries and agriculture reform and a host of others. Somewhat overlooked has ...

EU’s rich north benefits from the Eurocrisis

Various studies confirm that public and even official debate about "bailouts" has been badly mis-framed as a question of whether the better-off northern member states are willing to contribute their taxpayers' money to aid their struggling Eurozone partners. In fact, as reported today by Reuters, the richer countries have benefitted massively from the huge decline in ...