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André Azevedo Alves
7 December 2010
7 comments

After Greece and Ireland, it seems increasingly likely that Portugal may become the third euro-area country to be bailed out by an EU/IMF rescue package. In the past week, the yields on Portuguese (...
Holger Zemanek
12 August 2010
4 comments

This week the European Union’s Budget Commissioner, Janusz Lewandowski, again raised the issue of EU taxes. Some may argue it was just a political manoeuvre to fill the newspapers during the...
Kate Antrobus
21 July 2010
22 comments

The case for abolishing agricultural subsidies on the grounds that they are unjust and hugely damaging to developing countries is well documented. One can also make the case in environmental terms,...
Laurence Copeland
24 May 2010
2 comments

You might have thought that, with the Eurozone in turmoil, the EU would have no time to pursue its vendetta against hedge funds. Far from it, the latest proposals are even more wide-ranging than...
Holger Zemanek
20 May 2010
4 comments

The EU, national governments, academics and media are discussing how to rebuild the shattered EMU stability framework, after the Stability and Growth Pact failed to prevent the current crisis. In...
André Azevedo Alves
11 May 2010
6 comments

After years of continuous growth in public spending and public debt, the Portuguese economy finds itself in a bleak situation in the context of the ongoing international crisis. Internal and...
Holger Zemanek
10 May 2010
6 comments

This weekend the EU finance ministers, the EU and the IMF agreed a huge bailout package for the troubled eurozone countries and the single currency. The emergency package comes after...
Malte Tobias Kähler
10 May 2010
4 comments

The Austrian Business Cycle Theory (ABCT), developed largely by Ludwig von Mises and F. A. Hayek, predicted the present crisis and explained its causes in advance. Many commentators aware of...
Oliver Marc Hartwich
5 May 2010
9 comments

After months of agonising discussions, European leaders have agreed on a “solution” for the Greek crisis. Unfortunately, the joint efforts of the EU and the International Monetary Fund...
David Howden
30 April 2010
3 comments

While Greece’s financial issues, both domestic and international, are making any bailout package more difficult in deed than word, the social issues at stake are no less troubling....
David Howden
26 April 2010
3 comments

Talks over what should happen about the Greek debt situation were recently delayed by the impromptu eruption of the Icelandic volcano Eyjafjallajökull. In the meantime, analysts and...
Holger Zemanek
1 April 2010
5 comments

“Borrow as much as you like – the ECB will bail you out” – that was arguably the implicit message of European Central Bank president Jean-Claude Trichet last week...
Holger Zemanek
23 March 2010
3 comments

Just recently, the European Commission set out its proposal for a new economic strategy for Europe, a successor to the failed Lisbon Strategy for Growth and Jobs. Again, the European Commission...
Terry Arthur
16 March 2010
2 comments

The euro is currently under intense scrutiny. Why? Because the reputation of the single currency – originally based largely on that of the Bundesbank for its (relatively) sound money policy...
Kristian Niemietz
5 March 2010
2 comments

In the 1960s, thousands of industrious Greek gastarbeiter came to work in West Germany. Immigration from Greece has been a success story of rapid integration and mutual economic benefit. With little...
Kristian Niemietz
12 February 2010
6 comments

European leaders did their best to avoid a clear stance on Greece yesterday. But with a budget deficit of over 12% of GDP, a debt ratio of almost 120% of GDP, an electorate fiercely opposed to the...
Philip Vander Elst
10 July 2009
6 comments

Is there a strong connection between statism and supranationalism? At a time of rising taxation, increased state control over the banking system, and ever-closer European integration, it is a...
Laurence Copeland
12 June 2009
10 comments

We could see it coming, couldn’t we? Those gigantic over-leveraged hedge funds were bound to come crashing down, as their massive bets turned sour, forcing them to default on their bank loans...
Kristian Niemietz
9 June 2009
8 comments

Whether you read a conservative or a left-wing newspaper, a tabloid or the business press, you have probably read many times in the last few days that “Eurosceptic” parties had recorded...
Roland Vaubel
3 June 2009
comments

Europeans go to the polls this week, yet despite the appearance of democracy it is clear that EU institutions are not representative of the people. Indeed, no matter how citizens vote, these...