November 30, 2012
Christmas is approaching and, in that spirit, José Barroso, the President of the European Commission, has written himself a wish list of presents for the EU member states (and particularly the Eurozone) to hand over. The Christmas wish list, or as Bar…
Posted by Open Europe blog team
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barroso, debt-pooling, euro, eurobonds, European federalism, european parliament, eurozone, Van Rompuy |
November 29, 2012
Yesterday we put out a flash analysis looking at the latest Greek deal and the prospect of Greek bond buyback. One of the many issues with the deal (and the buyback in particular) which we raised was that Greek banks will find it difficult to participa…
Posted by Open Europe blog team
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bank capital, banking sector, bond purchases, buyback, ECB, ELA, euro, eurozone, Greece, Greek bailout, Greek euro exit, restructuring, sovereign debt |
Its been a busy few days on the EU budget front with the inconclusive EU leaders’ summit on the EU’s long term budget, and the Commission’s new proposal for the 2013 annual budget (largely unchanged from the version MEPs and member states were un…
Posted by Open Europe blog team
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CAP, court of auditors, Environment, EU budget, EU reform, single farm payment |
November 28, 2012
Early on Tuesday morning the eurozone and the IMF reached an agreement which has been widely billed as their most comprehensive package to aid Greece. Now that the dust has settled somewhat, Open Europe has published a new flash analysis assessing the …
Posted by Open Europe blog team
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EU-IMF memorandum, euro, eurogroup, eurozone bailouts, eurozone crisis, Greece, Greek bailout, Greek euro exit, imf, sovereign debt |
In an interview on Italian TV on his new book, ‘Democracy in Europe’, co-authored together with French MEP Sylvie Goulard, Italian Prime Minister Mario Monti was asked by the host whether Europe has “a British problem”.Monti replied:”Britain rathe…
Posted by Open Europe blog team
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britain in europe, democracy, EU reform, italy, monti, referendum, technocrats |
November 26, 2012
Following the collapse of talks on the draft 2013 EU budget (this was prior to last week’s talks on the long-term EU budget), the European Commission was sent back to the drawing board and asked to come up with a new proposal. The new draft has been pu…
Posted by Open Europe blog team
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david cameron, draft 2013 budget, EU budget, European Commission, MEPs, UK; |
It does not happen very often, but the final result of yesterday’s Catalan elections was almost completely unpredicted by polling. Artur Mas (in the picture) and his centre-right Convergència i Unió (CiU) party were always going to win – an…
Posted by Open Europe blog team
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Artur Mas, catalan elections, catalonia, eurozone, eurozone crisis, Rajoy, Spain |
November 23, 2012
On his Telegraph blog Open Europe’s Mats Persson analyses the breakdown of EU budget talks, see below for the full piece:As predicted, the talks over the EU’s long-term budget have broken down. What does this mean? In truth is, not that much. Postpon…
Posted by Open Europe blog team
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2014-2020 MFF, david cameron, EU budget, EU summit, germany, UK rebate, UK-EU relations |
We’ve got our hands on a leaked copy of the latest HermanVan Rompuy (HvR) proposal for the EU budget (see here for the full doc). The headline spending figure remains broadly unchanged in the new proposal, standing at €1,014bn (a €4bn increase), …
Posted by Open Europe blog team
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2014-2020 MFF, budget, CAP, commission, EU budget, EU budget rules, EU summit, Herman Van Rompuy, UK rebate, UK; |
With trouble flaring up in Greece once more and the backstop of the ECB’s bond-buying (OMT) in place, Spain has slipped off the radar slightly. It now seems likely that any request for a sovereign bailout (of one form or another) will be pushed back …
Posted by Open Europe blog team
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bond purchases, eurozone bailouts, finance, regional separatism, sovereign debt, Spain, Spanish bailout, spanish regions |
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