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Rebalancing the Eurozone: The Role of Northern Fiscal Policy
By Jasper De Meyer (Intern at ECIPE) The Eurozone crisis muddles forth. Growth will be stagnant or even decline in 2012. Employment prospects remain bleak as unemployment rose by 2.6 million in the...
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The New Eurozone Deal – Not a Game Changer
After they have exhausted all the alternatives, Eurozone leaders have finally done the right thing. Finally other countries stood up against German economic oppression, and the German austerity queen...
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Spain: Please Make me Austere, but not just yet
There is a heated debate in Brussels now about whether the European Commission should take a hard-line approach against Spain and other countries that will violate the three-percent deficit rule...
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Competitiveness and Market Adjustment in the Eurozone
There are several factors that explain the current Eurozone crisis. One of them – arguably the key factor – is the sharp difference between economies inside the Eurozone and the different...
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Call in the IMF!
Imagine that a troika of enlightened creatures from Mars, Venus and Pluto would set their feet in Europe to pass a judgment on the eurozone crisis. What would they say? Free from future ambition,...