December 2012 – Open Europe Blog

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Open Europe in 2012: a short summary of our achievements and a review of our eurozone predictions

December 21, 2012

2012 has been an important and very successful year for Open Europe, with Prospect Magazine judging us “International Affairs” think-tank of the year in recognition of our research and analysis’ increasing influence in the UK, Europe and beyond. …

Posted by Open Europe blog team

eurozone, France, Greece, Greek bailout, Greek euro exit, italy, mario monti, open europe, open europe berlin, predictions, Spain

The OECD, bearer of bad news at Christmas?

December 20, 2012

A quick post on a topic which we have already explored in our internal devaluation paper and plan to look at in more detail in the New Year: competitiveness in the eurozone.The OECD released it latest assessment of unit labour costs (ULCs) in the euroz…

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France, germany, internal devaluation, italy, labour market reform, oecd, Spain, unit labour costs

What to expect from the EU in 2013

As 2012 draws to a close Open Europe has put out its take on what to expect from 2013. Reviewing our (admittedly milder) effort at this last year, shows that we didn’t do too badly, especially for what turned out to be a very volatile and difficult y…

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banking union, eu, EU budget, eurozone, eurozone crisis, eurozone exit, German 2013 federal election, German Constitutional Court, Greece, Greek bailout, italy, mario monti, UK-EU relations

Silvio mentions euro exit (again), but everyone is waiting for Mario: An update on Italy

December 19, 2012

Time for a quick update on Italy, with Silvio Berlusconi and Mario Monti in the spotlight again. Over the past few days, Berlusconi’s air time has increased exponentially. The gist of his interviews remains broadly the same (see our previous posts here…

Posted by Open Europe blog team

berlusconi, eurozone, eurozone crisis, Italian debt, Italian elections, italy, mario monti

David Cameron says he can imagine the unimaginable: Brixit

December 17, 2012

Cameron pondering life outside the EU?In his statement on last week’s European Council summit, David Cameron was asked if he could imagine Britain leaving the EU. In the past he has usually batted away at these sorts of questions – but not this time. H…

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britain in europe, Cameron, EU referendum, EU reform, renegotiation, repatriation of powers

Poland has nothing to gain from rushing to join EU banking union

As we pointed out last week, the number of eurozone outs remaining outside the EU banking union is critically important for a number of different reasons. As the second largest non-euro member, Poland’s decision will be an important one, not least beca…

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banking union, EBA, euro outs, Poland

In Europe, a commitment is for life (unless you’re France)

December 14, 2012

Give the French credit, they have an amazing ability to convince others that whatever the French position is, is also the ‘pro-European’ position.At times, this can become laughable. Like today for example, when a UK journalist asked French Presid…

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fiscal compact, France, Hollande, repatriation of powers, UK;

Banking union: are you in or out?

Ask what is the ideal outcome for the UK from the talks on EU banking union and – much like when the super-computer in the Hitchhikers’ Guide to the Galaxy is asked about the meaning of life, the universe and everything – you’ll get a number: in this c…

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EBA, ECB, euro outs, eurozone, single supervisor, UK;

ECB as the single bank supervisor: How high is the Chinese wall?

December 13, 2012

We’ve already assessed the impact of the new single supervisor with regards to the UK and the EBA, here and here, but there is also the obvious question of how the ECB will fare as the single supervisor. The utmost attempt has been made to stress the…

Posted by Open Europe blog team

banking regulation, banking sector, banking supervision, banking union, ECB, ECB Governing Council, single supervisor

A big leap towards banking union – and a victory for the UK?

Leaving aside whether David Cameron actually is right to actively back and call for an EU banking union (and our views on that should be well known), Britain did just score a diplomatic victory in Europe, securing safeguards similar to those we have pr…

Posted by Open Europe blog team

banking regulation, banking sector, banking supervision, banking union, EBA, ECB, esm, QMV, UK-EU relations

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