April 10, 2014
It has been labelled by some as the “amazing comeback”. Greece has this morning sold €3 billion of five-year bonds at an interest rate of 4.95% – and the demand exceeded €20 billion. To be fair, the turnaround in investor sentiment with regards…
Posted by Open Europe blog team
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bond issue, eurozone bailouts, eurozone crisis, financial markets, Greece, sovereign debt |
January 31, 2014
Okay, we know this is not exactly breaking news (the original story is from September 2012), but it came to our attention again and we felt compelled to post on it.Back in the heyday of the eurozone crisis, Le Parisien interviewed Guy Abeille (see pict…
Posted by Open Europe blog team
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euro, eurozone, eurozone bailouts, France, Greece, Guy Abeille, Maastricht Treaty, Mitterrand, Spain |
On the question of Europe, there is a painful gap between the German political elite and the public.As our recent YouGov Deutschland poll on German voters’ sentiments on Europe showed, the German public is overwhelmingly against further financial sup…
Posted by Valeriy Kucheruk
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bundestag, eurozone bailouts, eurozone crisis, German 2013 federal election, germany |
Eurozone finance ministers finally reached a compromise yesterday which will allow the ESM, the eurozonebailout fund, to directly recapitalise ailing banks. This is likely to be an important element of any ‘solution’ to the eurozone crisis, especia…
Posted by Open Europe blog team
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bail-ins, bank recapitalisation, banking sector, esm, eurozone, eurozone bailouts, legacy assets, Spanish bank bailout |
The new German anti-euro party Alternative für Deutschland’s radically different take on the eurozone compared with the rest of the German political establishment has generated a lot of interest both inside Germany and beyond. As such it was no surp…
Posted by Open Europe blog team
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AFD, bernd lucke, britain in europe, Cameron's EU speech, ECB, eurozone bailouts |
April 30, 2013
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
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anti-austerity, approval, bailout, central bank, cypriot parliament, Cyprus, EU reform, eurozone bailouts, eurozone crisis, troika |
March 26, 2013
Given all the Germany-bashing over the last week, in the wake of the Cyprus bailout deal (some of it completely ridiculous), it’s easy to forget that the Germans themselves are remarkably united over the agreement. In fact, the feeling is that Germany,…
Posted by Open Europe blog team
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bailout fatigue, Cyprus, eurozone bailouts, eurozone north vs south, german media, German public opinion, Merkel, schauble |
February 25, 2013
How big of a problem can a country accounting for 0.2% of eurozone GDP possibly be? Well, potentially pretty big it seems. As expected Nicos Anastasiades, the centre right candidate, was yesterday elected President of Cyprus winning 57.5% of the vote i…
Posted by Open Europe blog team
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banking sector, crisis, Cyprus, eurozone, eurozone bailouts, finance, german elections, restructuring, sovereign debt |
Some have said the worst of the eurozone crisis is over – this morning’s economic data did not provide much support to their argument. Top of the list are the growth figures for the eurozone in Q4 2012 – as a whole the bloc contracted by a m…
Posted by Open Europe blog team
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crisis, economic data, economic government, economy, eurozone, eurozone bailouts, growth, recession, unemployment |
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 |
Open Europe is an independent think tank contributing bold new thinking to the debate about the direction of the EU.
