September 13, 2013
Back in the spring, we looked at who might be next in the line of eurozone bailout requests. It’s now looking increasingly likely that one of our predictions, Portugal, will require some form of further assistance to fully exit its current bailout. Now…
Posted by Open Europe blog team
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austerity, bailout, bank capital, bank recapitalisation, banking sector, Financial Services, slovenia |
September 11, 2013
Today we released an in-depth briefing on the German elections, and their implications on the eurozone. The top line: don’t expect any fundamental change in Germany’s eurozone policy after the elections.Of the nine proposals being floated to pull t…
Posted by Valeriy Kucheruk
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AFD, angela merkel, austerity, Bundestagswahl, CDU/CSU, competiveness pact., debt-pooling, Die Linke, FDP, German 2013 federal election, Greens, SPD |
July 25, 2013
The Spanish National Statistics Institute (INE) has this morning published its latest unemployment data. The headline figures look encouraging. In the second quarter of 2013, the number of unemployed people went down by 225,200 – and is now slightly be…
Posted by Open Europe blog team
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austerity, economic growth, labour force, Spain, unemployment |
As we noted last week on CNBC, a deal was always likely this time round in Greece:”We’ve got German elections coming up in September and no one wants to have that talk of how we’re going to fund Greece for the next three or four years. So they just wan…
Posted by Open Europe blog team
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austerity, bailout, ECB, eurogroup, eurozone, Greece, labour market reform |
UPDATE (17:15) – First reports of an agreement to keep the coalition alive. Stay tuned for more details. UPDATE (16:40) – Portuguese Prime Minister Pedro Passos Coelho and Foreign Minister Paulo Portas have just come out of another (swift) round of tal…
Posted by Open Europe blog team
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anti-austerity, austerity, Coalition, ECB, eurozone, Passos Coelho, Portugal, Portuguese bailout |
With the next meeting of EU leaders only one week away, Silvio Berlusconi has stepped his anti-austerity rhetoric up by a few notches. He said yesterday,”We need someone from the [Italian] government to go to Brussels and tell those gentlemen, ‘We ar…
Posted by Open Europe blog team
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anti-austerity, austerity, berlusconi, EU summit, eurozone, fiscal treaty, germany, italy, Letta, Merkel |
June 6, 2013
Silvio Berlusconi’s interviews never go unnoticed. Yesterday evening, he told Italian TV channel T9 that:”We now have a strong government…also vis-à-vis Europe. We need this government to go to Brussels and say ‘I’ll do it this way’. We can no…
Posted by Open Europe blog team
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anti-austerity, austerity, berlusconi, euro, eurozone crisis, fiscal treaty, germany, italy, Letta, Merkel |
Building on our blog from yesterday, Open Europe’s Raoul Ruparel has an article in City AM today discussing the Commission’s country specific recommendations. Raoul argues that, despite protestations to the contrary, this is far from a wholesale ch…
Posted by Open Europe blog team
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anti-austerity, austerity, economic growth, European Commission, eurozone, eurozone crisis, eurozone exit, fiscal union |
May 21, 2013
The online edition of German weekly Der Spiegel reports on “secret” plans by EU heads of state and government to stick to the ‘one country, one EU Commissioner’ principle, despite the number of Commissioners being set to rise to 28 following Croatia’s …
Posted by Open Europe blog team
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austerity, bureaucracy, commission, Commissioners, croatia, Der Spiegel, EU budget, Lisbon Treaty |
April 30, 2013
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
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angela merkel, anti-austerity, austerity, berlusconi, crisis, deficit, enrico letta, eurozone, fiscal discipline, italy, letta agenda, tax |
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