Open Europe Blog

Archives for anti-austerity

New Italian PM Enrico Letta paid his first official visit to Germany yesterday, only hours after delivering his inaugural address to the Italian parliament. Much has been made of his strong ‘pro-European’ yet ‘anti austerity’ stance – so how would this…

Posted by Open Europe blog team

The Cypriot parliament has officially approved the bailout deal that the government agreed with its eurozone partners and the IMF. (See here for our previous thoughts on the deal).A rejection of the deal would probably have led to a Cypriot exit from t…

Posted by Open Europe blog team

The new Italian Prime Minister Enrico Letta announced his first raft of policies in his first speech to the Italian parliament yesterday. The speech was strong on anti-austerity rhetoric but short on details of how his new approach would be funded – il…

Posted by Open Europe blog team

As we’ve noted in the past, a factor that will determine whether the eurozone can hang together in the long term is the extent to which the public in the South begins to see the euro and EU austerity as synonymous. For example, despite everything …

Posted by Open Europe blog team

After a lengthy absence Portugal returned to the headlines over the weekend with the Constitutional Court ruling that some of the government austerity measures were unconstitutional. Here are the key details:The court found that four out of nine key sa…

Posted by Open Europe blog team

One of the many sub-stories of the Italian election is how it calls into question the ECB’s bond-buying programme – the Outright Monetary Transactions (OMT). Not so much because of the ECB’s ability to expand its balance sheet and stand behind Italy an…

Posted by Open Europe blog team