June 29, 2012
On the Telegraph blog, we argue:Judging from some media reports across Europe – and some positive market reactions, the eurozone crisis has just been solved. Italy and Spain scored a massive victory over Germany. Angela Merkel has caved in. Berlin…
Posted by Open Europe blog team
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bailout, ECB, EFSF, esm, eurozone, germany, italy, Merkel, sovereign debt, Spain, spanish banks |
Another great picture on the back of last night’s summit, h/t to talksport for the pic, although we couldn’t resist adding our own touch….
Posted by Open Europe blog team
A bit rude, but just to show how high tensions in the eurozone run – add football to the mix and feelings boil over. This is the front page of today’s edition of Italian daily Libero (centre-right, politically very close to Silvio Berlusconi).For those…
Posted by Open Europe blog team
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berlusconi, EU summit, eurozone, eurozone crisis, eurozone. bail-out, germany, italy, Merkel, monti |
Among (understandably) triumphalist reports that Germany had to surrender to Italy twice yesterday – in the Euro 2012 semi-final and at the EU summit – the websites of several Italian dailies are this morning also offering a quite funny video showing w…
Posted by Open Europe blog team
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EU summit, eurozone, eurozone crisis, germany, italy, mario monti, Merkel |
June 28, 2012
The EU summit has officially kicked off in Brussels, and talks are expected to drag on until late night. So far, little seems to be moving, and live blogs covering the summit are languishing a bit. However, courtesy of EurActiv France, we have got hold…
Posted by Open Europe blog team
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banking union, brussels, EU summit, eurozone, eurozone crisis, fiscal union, France, germany |
People have once again been getting rather excited over a media report today. This time it is an interview which German Finance Minister Wolfgang Schäuble gave to the WSJ in which he said:”We are willing to go as far as we need to in order to get…
Posted by Open Europe blog team
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debt-pooling, eurobonds. ecb, France, franco-german axis, germany, Merkel, schauble |
Ahead of the summit today the proposals for the EFSF/ESM to start purchasing sovereign debt began rearing its muddled head again, with some indication that this is actually one of the few things that could be agreed at the summit. We hate to be party p…
Posted by Open Europe blog team
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bail-out, crisis, EFSF, esm, eurobonds, eurozone, finance, germany, sovereign debt, sovereignty |
As so often in the crisis, German tabloid Bild has captured a hugely complex debate – on the possible pooling of present and future liabilities among eurozone members – with a snappy illustration, depicting Merkel’s ‘rock solid’ resistance to the idea …
Posted by Open Europe blog team
June 27, 2012
We’ve been making a concerted effort here on the OE blog to bring you many of the more memorable quotes from the eurozone crisis, and we’ve had at least one more following a debate in the German Bundestag ahead of tomorrow’s European Council summit.As …
Posted by Open Europe blog team
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banking union, bundestag, debt-pooling, EU summit, germany, Merkel, quotes of the crisis, summit |
Ahead of this week’s EU summit, Open Europe has published a briefing note summarising the various ideas floated for a fiscal and banking union in the wake of the eurozone crisis, analysing their potential impact on the UK and the eurozone. Given the …
Posted by Open Europe blog team
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banking regulation, banking sector, banking union, commission, ECB, esm, eu, eurobonds, eurozone, fiscal treaty, fiscal union, renegotiation, UK; |
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