The IMF and the democratic deficit
An enquiry comes in, referring back to a letter published in the Guardian in 2002 (read it here) on the lack of democracy in the IMF. Is that still true […]
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financial crisis
How much fiscal integration does a stable Eurozone need? (29 November 2012)
A LSE European Institute – APCO Worldwide Perspectives on Europe panel discussion on ‘How much fiscal integration does a stable Eurozone need?’ on Thursday 29 November. Panelists: · Clemens Fuest
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Lessons from Libor for EMU
The European Council meeting has reached yet another agreement that will solve the EU’s financial crisis, this time relating to banking supervision. (Read about it here.) Mark Twain said something
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A warning for fiscal federalism
The financial crisis claims another victim. The Californian city of San Bernardino is going bankrupt. Its liabilities are rising but its revenues are not, with the result predicted by Mr
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Authentic euroscepticism
A very interesting article in the Daily Telegraph last Friday by Jeremy Warner (read it here) sums up the eurosceptic dilemma and reveals the perverse nature of the way they
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Overwhelming
This blog has described before the difficulties associated with Greek departure from the eurozone. It would reduce the Greeks to a cash or even barter economy for a while, and
Can the union be saved? Report on the Federal Union AGM
Federal Union held its AGM and annual conference on 17 March 2012. The morning session, entitled “Can the European Union be saved?”, looked at the European treaty agreed at the
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The global super-rich: a problem or an asset? (27 March 2012)
The global super-rich: a problem or an asset? – wealth, taxes, and inequality in the age of austerity A seminar organised by the Global Policy Institute Date: Tuesday 27 March
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A special case
A second bailout loan for Greece has been agreed at a European summit, to stave off imminent bankruptcy for the government with all that implies. No-one knows for sure what
Greek default position
Letter in the Daily Telegraph SIR – Peter Oborne calls for Greece to be “allowed to default and devalue” (Comment, February 16). It does not need to be allowed: it
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