After the Stress Test: Lending in Times of Uncertainty
Three point flexural test on a composite beam, by Cjp24 European banks have just made it through the latest round of stress tests. But now what? Will lending make a come back? Looking toward the...
View ArticleDraghi Deploys the ECB’s Full Artillery? A Reaction
Mario Draghi – World Economic Forum Annual Meeting 2012. Photo by Monika Flueckiger The best commentary came from the Spanish daily Expansión. They gave us nine pages on Draghi’s measures and a...
View ArticleWe don’t understand the Greeks
Everyone is uneasy about the electoral victory of Syriza in Greece and the threat of populism in Europe. The media has been buzzing for days now with comments and analysis, largely talking about what...
View ArticleGreece: Citizens and Debt
Syriza’s victory was received as a victory for Europe’s generous and compassionate South, versus the stingy and vengeful North. We have no way of knowing if the South would have behaved better than the...
View ArticleGreece: a quick summary
The recent victory of the leftist party Syriza and the defiant attitude of its Government towards its lenders (EU, BCI and IMF, the so called troika) has thrust Greece into the headlines once again....
View ArticleQuick Question: Is a 2-speed euro the solution for the eurozone?
A picture of some Euro banknotes and various Euro coins. Author: Avij We asked our professors their opinion on whether a 2-speed euro would help the eurozone to solve the crisis. For varied reasons...
View ArticleCrisis in Greece: Updated Summary
Greece is still in the news. Not surprising, since the European Union (EU) has never had such a huge problem as this with a member country. I’ve written a lot on the subject already and don’t want to...
View ArticlePODCAST | Brexit: Reasons, Repercussions and Lessons to Be Learned
June 23rd marks the end of a European era. There are various reasons the United Kingdom is calling for a referendum. But are they really worth breaking up with the European Union? Brexit will leave us...
View ArticleBrexit: 7 Lessons to Draw
Brexit shows the primacy of politics and emotion over economic rational calculation. It is very difficult to understand the decision of British people otherwise. Britain, or what would be left of it...
View ArticleIs the European Union Poised for Relaunching?
The European Union throughout its history has experienced periods of Euro-optimism and periods of Euro-pessimism, with crises scattered in between. Jean Monnet, a pioneering advocate of European unity,...
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