Open Europe Blog

Archives for austerity

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

A mini-storm has been whipped up in the economic community overnight after a paper was published highlighting some flaws in the widely cited Reinhart & Rogoff paper ‘Growth in a time of debt’.A quick recap for those of you not familiar with the…

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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…

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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