Europe faces unfinished business on the euro
|
|
- Gwen Waters
- 6 years ago
- Views:
Transcription
1 Sign In Subscribe European Union Europe faces unfinished business on the euro Questions over currency s governance as leaders prepare for anniversary celebrations Pierre Moscovici promised 'ambitious ideas' for 'deepening of the economic and monetary union' Bloomberg 2 HOURS AGO by: Jim Brunsden in Brussels When the European Commission published a white paper this month on the future of Europe, something was missing. Two weeks earlier, Pierre Moscovici, EU economy commissioner, had told an audience in Athens that the blueprint would include ambitious ideas for deepening of the economic and monetary union code for overhauling the system of budget rules and policy co ordination that underpins the single currency. Instead, amid warnings from national capitals that the plans could stoke division ahead of the EU s 60th anniversary summit in Rome, and even heighten tensions in the Dutch election campaign, the commission changed course. It now expects to publish a reflection paper in late May, thereby also leapfrogging France s presidential poll. 0a3d 11e7 97d1 5e720a26771b 1/10
2 The move is the latest sign that questions of euro area governance have been driven to the policymaking sidelines by factors ranging from the hammer blow of Brexit ( ww.ft.com/topics/themes/brexit) to an easing of the economic crisis. But Europe s leaders gathering in Rome this week to try to reinvigorate the EU project know reform can only be ducked for so long. Priorities for change vary wildly between capitals but on one point there is agreement: the status quo is not a long term option for the euro. You can t be half pregnant we need to finish the architectural structure of the single currency, says Johan Van Overtveldt ( JlMzgtZGQ3Yy00YmMyLTljZmYtMjZkZjM3OGQ1MTJl UE4=), Belgium s finance minister. If we await another major crisis we will be obliged to do then what we do not succeed in doing now. Manfred Weber, a German centre right MEP who leads the European People s Party group in the EU parliament, concurs, saying Europe will have to come back to fundamental discussions and fundamental decisions on the euro once this year s slalom of major elections culminating in Germany in September is over The reason is clear. The single currency and its perceived iniquities go to the heart of the popular backlash threatening Europe s governments, and a wider sense of disenchantment with the EU. 0a3d 11e7 97d1 5e720a26771b 2/10
3 For many, the euro has fomented discord where it was meant to bring harmony. Antiestablishment parties lambast the currency as a cause of economic misery, or complain that it serves as a vehicle for Berlin to maintain its economic dominance. Marine Le Pen, leader of France s Front National, has described it as a corpse that still moves one that shutters businesses and lengthens dole queues. Competing frustrations simmer on the other side of the Rhine: German concerns about the European Central Bank s expansionary monetary policy have mingled with taxpayers resentment at being repeatedly put on the hook for bailing out other countries. Policymakers acknowledge a clear conundrum. How does one solve popular unrest about the euro if doing so requires more integration and more Brussels precisely what the populists are railing against? Related article 0a3d 11e7 97d1 5e720a26771b 3/10
4 Spain economy minister urges Europe to focus on trade and banking ( bb ) Comments at odds with call by Brussels for more government spending to spur demand For Luis de Guindos, Spain s economy minister, the first goal of any reform drive should be to have a common view that we should take further steps in integration... We do not have such a consensus now, he told the FT. No one expects such a consensus to materialise before the German election. But officials in Brussels think that, depending on the outcome of this year s votes, the period afterwards leading up to European Parliament elections in mid 2019 could offer potentially fertile policymaking terrain. Ideas are not in short supply. The EU institutions in 2015 published reform options stretching to a 10 year horizon. The blueprint included short term measures, such as more co ordination of economic policies, and completion of a project to centralise oversight of the currency bloc s banks; it also outlined longer term ideas for a euro area treasury and a stimulus fund that could be tapped to deal with macroeconomic shocks. The authors, which included the European Central Bank, said the plans could narrow the gulf in productivity between countries such as Germany and Greece, boost growth and increase resilience to financial crises. 0a3d 11e7 97d1 5e720a26771b 4/10
5 But even progress on the short term goals has been mixed. One priority was a common scheme to guarantee bank deposits in the the euro area. The plan was championed by France and southern Europe but encountered strong opposition from Berlin, which feared a safety net would lead to irresponsible risk taking by banks. Olli Rehn, a board member at the Bank of Finland and the EU s economy commissioner until 2014, says this is one example of a north south intellectual cleavage that has persisted since the earliest days of the euro, and that has often slowed down the development of economic and monetary union. When it comes to economic and fiscal policy, many in France see the Germans as too rigid, while many in Germany see the French as insufficiently credible Pierre Moscovici When it comes to economic and fiscal policy, many in France see the Germans as too rigid, while many in Germany see the French as insufficiently credible, Mr Moscovici notes. If we are to build the trust we need to move forward with reforming the eurozone, we will need to see credibility from France, and openness from Germany. The current political climate means that now in the eurozone we are in the middle of nowhere, Mr de Guindos says. We do not know if we should go further or take some steps backwards. 0a3d 11e7 97d1 5e720a26771b 5/10
6 It is a situation, he says, that will only partly be resolved by pro EU election outcomes, as populism is going to mark the agenda. I think the only way forward is to have more integration to share more risks, to have more instruments... to avoid leaders and laggards in the eurozone. For some, the solution lies in a gradual approach, with moves towards economic risksharing in the euro area balanced by greater risk reduction measures promoting market discipline. Germany has advocated such an approach in the area of financial services saying a deposit guarantee scheme could only come after steps to make sure losses can be imposed on failed banks creditors. Reform has practical as well as political constraints. Many of the more ambitious ideas in circulation would require EU treaty change, something which is firmly off the political agenda. Full blown monetary union demands full blown political union I m not sure that s realistic, Mr Van Overtveldt says. But we can make a valuable positive contribution by developing a second best solution, and we can do that better than we have done so far. Reform plans One of the main challenges for Brussels will be to balance different and often competing national priorities for change. Proposals have ranged from an Italian push for a euro area unemployment insurance scheme, to long term ideas in Berlin for a European Monetary Fund that would police budgetary discipline. Here are some current and former policymakers priorities: Luis de Guindos, Spain s economy minister, says the focus should be on pushing countries to undertake labour market reforms and other measures to boost competitiveness. Brussels should have much more capacity and capability to force countries to implement structural reforms, he says. The macro economic procedures should be much more enforceable. For Johan Van Overtveldt, Belgium s finance minister, the number one priority should be to boost the financial system s resilience to crises by 0a3d 11e7 97d1 5e720a26771b 6/10
7 completing the banking union a centralised system of financial oversight. The banking union is a complex project that mixes extra powers for the European Central Bank with the setting up of a new crisis fighting agency and common fund. Work on the final pillar of the project a centralised scheme for centralising bank deposits, is at an early stage. Luc Frieden, chairman of the board at Banque Internationale à Luxembourg and the duchy s finance minister until 2013, cites a chronic need to simplify the EU s rules on national budgets. Multiple revisions during the crisis years of the so called stability and growth pact have left it much too complicated he says. All the text that we have added has made it so complex that even for experts it becomes difficult. Olli Rehn, board member at the Bank of Finland, highlights two big issues, which are linked, which are not solved. One is how the euro area can pursue an aggregate fiscal stance so as to move as a co ordinated, single economic area boosting demand or deflating bubbles. The other is to adapt the budget rules to focus more on growth enhancing reforms and productive investment. The first rule that each and every member state should follow is that [it] pursues an economic policy that supports growth and employment, he says. Print a single copy of this article for personal use. Contact us if you wish to print more to distribute to others. The Financial Times Ltd. Latest on European Union Scottish Independence Sturgeon leaves two important questions unanswered SNP conference told they will soon be fighting another independence referendum 0a3d 11e7 97d1 5e720a26771b 7/10
8 Europe Kremlin-backed media adds to western fears in Balkans Alarm in European capitals at breadth of Moscow s influence Global Trade Fresh impetus for Europe-S America trade pact Negotiators gather for talks between EU and Mercosur Special Report Boldness in Business Boldness in Business Person of the Year: Helena Morrissey This City maverick won over sceptics about women on boards; now let s see about Brexit Latest in Europe French presidential election French election: policies of the runners and riders The main contestants offer radically different visions for France 2 HOURS AGO 0a3d 11e7 97d1 5e720a26771b 8/10
9 EU defence UK and Germany to sign defence co-operation deal Theresa May hopes European security contribution will win Brexit goodwill France terrorism Security forces shoot man dead at Paris airport Orly flights suspended after man on terror watch list killed by security Follow the topics mentioned in this article Europe Europe World Global Economy EU Economy Follow the authors of this article Jim Brunsden Take a tour of myft 0a3d 11e7 97d1 5e720a26771b 9/10
10 0a3d 11e7 97d1 5e720a26771b 10/10
ETUC Mid-Term Conference Rome, May 2017 THE ETUC ROME DECLARATION
ETUC Mid-Term Conference Rome, 29-31 May 2017 THE ETUC ROME DECLARATION Declaration adopted at the ETUC Mid-Term Conference in Rome on 29-31 May 2017. It is ten years since the financial crisis of 2007-2008.
More informationUnknown Citizen? Michel Barnier
Unknown Citizen_Template.qxd 13/06/2017 09:20 Page 9 Unknown Citizen? Michel Barnier On 22 March 2017, a week before Mrs May invoked Article 50 of the Treaty on European Union to commence the UK s withdrawal,
More informationProgress through crisis? Conference for the 20th anniversary of the establishment of the European Monetary Institute
28 February 2014 Progress through crisis? Conference for the 20th anniversary of the establishment of the European Monetary Institute Introduction by Luc Coene, Governor of the National Bank of Belgium
More informationPOLICYBRIEF EUROPEAN. Searching for EMU reform consensus INTRODUCTION
EUROPEAN POLICYBRIEF Searching for EMU reform consensus New data on member states preferences confirm a North-South divide on various aspects of EMU reform. This implies that the more politically feasible
More informationMr. Petteri Orpo Minister of Finance of Finland Leader of Kokoomus, the National Coalition Party
1(8) Mr. Petteri Orpo Minister of Finance of Finland Leader of Kokoomus, the National Coalition Party Your excellencies, ladies and gentlemen, good morning! First of all, I would like to thank you, Mr.
More informationA2 Economics. Enlargement Countries and the Euro. tutor2u Supporting Teachers: Inspiring Students. Economics Revision Focus: 2004
Supporting Teachers: Inspiring Students Economics Revision Focus: 2004 A2 Economics tutor2u (www.tutor2u.net) is the leading free online resource for Economics, Business Studies, ICT and Politics. Don
More informationQUO VADIS EUROPEAN UNION?
EVALUATION NOTE April2010 N201010 tepav Economic Policy Research Foundation of Turkey Nilgün ARISAN ERALP 1 Director, TEPAV European Union Institute The challenging process European Union has been going
More informationWeekly Geopolitical Report
Weekly Geopolitical Report By Kaisa Stucke, CFA February 29, 2016 Brexit The U.K. joined the European Common Market, what is now known as the EU, in 1973. In 1992, the Maastricht Treaty formally created
More informationUK in Focus The geopolitics of Brexit and the implications for the future of European security. United Kingdom. Key Risks
UK in Focus The geopolitics of Brexit and the implications for the future of European security On 23 rd June 2016, the UK will hold a referendum on continued membership of the European Union (EU). For
More informationSpeech delivered by Mr. Giulio Tremonti, Italian Minister of Economy and Finance Lido di Ostia, 5 th December 2003
Speech delivered by Mr. Giulio Tremonti, Italian Minister of Economy and Finance Lido di Ostia, 5 th December 2003 It is pretty strange that we are talking at this stage about the Union and the state of
More informationRegional economic integration and monetary cooperation (in Europe and Africa)
Regional economic integration and monetary cooperation (in Europe and Africa) Governor Quaden, National Bank of Belgium Paris, Banque de France, 1 February 2007 Dear colleagues, Chairman Trichet and Governor
More informationThe European Union Economy, Brexit and the Resurgence of Economic Nationalism
The European Union Economy, Brexit and the Resurgence of Economic Nationalism George Alogoskoufis is the Constantine G. Karamanlis Chair of Hellenic and European Studies, The Fletcher School of Law and
More informationCER INSIGHT: Populism culture or economics? by John Springford and Simon Tilford 30 October 2017
Populism culture or economics? by John Springford and Simon Tilford 30 October 2017 Are economic factors to blame for the rise of populism, or is it a cultural backlash? The answer is a bit of both: economic
More informationStrengthening Competitiveness and Growth in Europe
LSESU German Society, in association with European Institute APCO Worldwide Perspectives on Europe series Strengthening Competitiveness and Growth in Europe Dr Philipp Rösler Vice chancellor and federal
More informationETUC Platform on the Future of Europe
ETUC Platform on the Future of Europe Resolution adopted at the Executive Committee of 26-27 October 2016 We, the European trade unions, want a European Union and a single market based on cooperation,
More information1. 60 Years of European Integration a success for Crafts and SMEs MAISON DE L'ECONOMIE EUROPEENNE - RUE JACQUES DE LALAINGSTRAAT 4 - B-1040 BRUXELLES
The Future of Europe The scenario of Crafts and SMEs The 60 th Anniversary of the Treaties of Rome, but also the decision of the people from the United Kingdom to leave the European Union, motivated a
More informationComparative Economic Geography
Comparative Economic Geography 1 WORLD POPULATION gross world product (GWP) The GWP Global GDP In 2012: GWP totalled approximately US $83.12 trillion in terms of PPP while the per capita GWP was approx.
More informationTHE SINGLE MARKET PART 2 - THE FOUR FREEDOMS OF THE SINGLE MARKET ARE POLITICALLY A
THE SINGLE MARKET PART 2 - THE FOUR FREEDOMS OF THE SINGLE MARKET ARE POLITICALLY A PACKAGE DEAL The four freedoms (goods, services, people and capital) were seen as a package deal when the EU was created,
More informationLiving Together in a Sustainable Europe. Museums Working for Social Cohesion
NEMO 22 nd Annual Conference Living Together in a Sustainable Europe. Museums Working for Social Cohesion The Political Dimension Panel Introduction The aim of this panel is to discuss how the cohesive,
More informationView from Brussels. They need to. It s not just Brexit that has turbocharged the EU s basic survival instinct.
Multi-tasking s the name of the game for today s European Union leaders. While Brexit might be one of the top issues for some EU officials, it s by no means the only challenge requiring political attention,
More informationCEEP CONTRIBUTION TO THE UPCOMING WHITE PAPER ON THE FUTURE OF THE EU
CEEP CONTRIBUTION TO THE UPCOMING WHITE PAPER ON THE FUTURE OF THE EU WHERE DOES THE EUROPEAN PROJECT STAND? 1. Nowadays, the future is happening faster than ever, bringing new opportunities and challenging
More informationThe EU debate #1: Identity
The EU debate #1: Identity Q: Britain is a European nation. A: Geography has given Britain a shared cultural history with continental Europe. From the Roman Empire, to the Renaissance, and now through
More informationEMU, Switzerland? Marie-Christine Luijckx and Luke Threinen Public Policy 542 April 10, 2006
EMU, Switzerland? Marie-Christine Luijckx and Luke Threinen Public Policy 542 April 10, 2006 Introduction While Switzerland is the EU s closest geographic, cultural, and economic ally, it is not a member
More informationCONTINUING CONCERNS EVEN PRESIDENT MACRON CANNOT ELIMINATE RECURRENCE OF FRANCE S EU EXIT RISK IS POSSIBLE DEPENDING ON HIS REFORM
Mitsui & Co. Global Strategic Studies Institute Monthly Report June 2017 1 CONTINUING CONCERNS EVEN PRESIDENT MACRON CANNOT ELIMINATE RECURRENCE OF FRANCE S EU EXIT RISK IS POSSIBLE DEPENDING ON HIS REFORM
More informationTHE EUROPEAN UNION CLIL MATERIA:GEOGRAFIA CLASSE: SECONDA SCUOLA: I.C.COMO-LORA-LIPOMO AUTORI: CRISTINA FONTANA, ANGELA RENZI, STEFANIA POGGIO
THE EUROPEAN UNION CLIL MATERIA:GEOGRAFIA CLASSE: SECONDA SCUOLA: I.C.COMO-LORA-LIPOMO AUTORI: CRISTINA FONTANA, ANGELA RENZI, STEFANIA POGGIO WHAT FLAG IS THIS? THE EUROPEAN UNION, E.U How many stars
More informationAGREEMENT ON THE TRANSFER OF CONTRIBUTIONS TO THE STABILISATION SUPPORT FUND
AGREEMENT ON THE TRANSFER OF CONTRIBUTIONS TO THE STABILISATION SUPPORT FUND THE CONTRACTING PARTIES, the Kingdom of Belgium, the Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic
More informationCHALLENGES OF THE RECENT FINANCIAL CRISIS UPON THE EUROPEAN UNION ECONOMIC GOVERNANCE
CHALLENGES OF THE RECENT FINANCIAL CRISIS UPON THE EUROPEAN UNION ECONOMIC GOVERNANCE MIHUȚ IOANA-SORINA TEACHING ASSISTANT PHD., DEPARTMENT OF ECONOMICS, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION,
More informationTaking advantage of globalisation: the role of education and reform in Europe
SPEECH/07/315 Joaquín Almunia European Commissioner for Economic and Monetary Affairs Taking advantage of globalisation: the role of education and reform in Europe 35 th Economics Conference "Human Capital
More informationGermany in Europe: Franco-Czech Reflections
Germany in Europe: Franco-Czech Reflections Thursday, October 18, 2012 Mirror Hall, Ministry of Foreign Affairs, Prague, Czech Republic Introduction/Welcome Speeches Petr Drulák, Director, Institute of
More informationMr. George speaks on the advent of the euro, and its possible impact on Europe and the Mediterranean region
Mr. George speaks on the advent of the euro, and its possible impact on Europe and the Mediterranean region Speech by the Governor of the Bank of England, Mr. E.A.J. George, at the FT Euro-Mediterranean
More informationThe Challenges Facing Europe
The Challenges Facing Europe Dr. Trisha Craig Executive Director Center for European Studies, Harvard University Remarks prepared for World Affairs Council of Pittsburgh, Summer Institute June 22, 2011
More informationRegional Economic Integration : the European Union Process.
INTERNATIONAL AFFAIRS Regional Economic Integration : the European Union Process. IAE - Paris, April 21 st 2015 Marie-Christine HENRIOT 1 INTERNATIONAL AFFAIRS United in diversity 2 INTERNATIONAL AFFAIRS
More informationEU Main economic achievements. Franco Praussello University of Genoa
EU Main economic achievements Franco Praussello University of Genoa 1 EU: the early economic steps 1950 9 May Robert Schuman declaration based on the ideas of Jean Monnet. He proposes that France and the
More informationExamining the recent upgrading of the European Single Market
Bulletin of the Transilvania University of Braşov Series V: Economic Sciences Vol. 9 (58) No. 1-2016 Examining the recent upgrading of the European Single Market Ileana TACHE 1 Abstract: This paper aims
More informationBrexit. Alan V. Deardorff University of Michigan. For presentation at Adult Learning Institute April 11,
Brexit Alan V. Deardorff University of Michigan For presentation at Adult Learning Institute April 11, 2017 Brexit Defined: The exit of the United Kingdom from the European Union What that actually means
More informationEU Briefings, March 2008
Picking up any major European newspaper, one will not have to look far to find a story, editorial, or opinion piece about the linked problems of unemployment and welfare state reform. Dig deeper (or read
More informationTurning Gender Equality into Reality: from the Treaty of Rome to the Quota Debate
EUROPEAN COMMISSION Viviane Reding Vice-President of the European Commission, EU Justice Commissioner Turning Gender Equality into Reality: from the Treaty of Rome to the Quota Debate Conference at the
More informationWhat s Next For Europe as Merkel Is Reelected
What s Next For Europe as Merkel Is Reelected September 26, 2017 by David Zahn of Franklin Templeton Investments Angela Merkel s re-election as German Chancellor was very much expected, but the implications
More informationThe European Council: Brexit, refugees and beyond
COUNCIL SUMMIT The European Council: Brexit, refugees and beyond María Abascal / Matías Cabrera / Agustín García / Miguel Jiménez / Massimo Trento The European Council that took place on February 18-19
More informationInternational Summer Program
University of Ulm International Summer Program European Integration European Union An Overview Prof. Dr. Werner Smolny, Tuesday, June 21, 2005 University of Ulm, International Summer Program 2005, June
More informationHow Will Brexit Affect EU Sanctions Against Russia?
How Will Brexit Affect EU Sanctions Against Russia? June 30, 2016 by Frank Holmes of U.S. Global Investors Brexit has dominated world headlines for the last couple of weeks, and with good reason: The U.K.
More informationCIO Markets Report. Key Observations Implications Markets Charts. Stephen Sexauer, CIO. CIO Markets Report
Key Observations Implications Markets Charts Key Observations and Implications 1. 2017 Eurozone Votes Loom. There are three key Eurozone elections in 2017: The Netherlands, France, and Germany. Table 1
More informationSuggestion for amendment of Part III TIMOTHY KIRKHOPE MEP. Status : MEMBER AMENDMENT FORM PART THREE: GENERAL AND FINAL PROVISIONS
AMENDMENT FORM Suggestion for amendment of Part III By : TIMOTHY KIRKHOPE MEP Status : MEMBER PRAESIDIUM PART THREE: GENERAL AND FINAL PROVISIONS Article A: Repeal of earlier Treaties The Treaty establishing
More information"The European Union and its Expanding Economy"
"The European Union and its Expanding Economy" Bernhard Zepter Ambassador and Head of Delegation Speech 2005/06/04 2 Dear Ladies and Gentlemen, I am delighted to have the opportunity today to talk to you
More informationPromoting Youth Labour Mobility and Tackling Youth Unemployment in Europe
JEF Europe Young European Federalists Cologne, 6 th November 2016 Promoting Youth Labour Mobility and Tackling Youth Unemployment in Europe Resolution submitted by: Political Commission 2 - Internal European
More informationMark Scheme (Results) Summer Pearson Edexcel GCE in Government and Politics (6GP04) Paper 4A: EU Political Issues
Mark Scheme (Results) Summer 2017 Pearson Edexcel GCE in Government and Politics (6GP04) Paper 4A: EU Political Issues Edexcel and BTEC Qualifications Edexcel and BTEC qualifications are awarded by Pearson,
More informationEvolution of the European Union, the euro and the Eurozone Sovereign Debt Crisis
Evolution of the European Union, the euro and the Eurozone Sovereign Debt Crisis Brexit? Dr. Julian Gaspar, Executive Director Center for International Business Studies & Clinical Professor of International
More informationTHE FORMER YUGOSLAV REPUBLIC OF MACEDONIA Report 2015 EU Enlargement Strategy
THE FORMER YUGOSLAV REPUBLIC OF MACEDONIA Report 2015 EU Enlargement Strategy 1. POLITICAL CRITERIA Democracy: Shortcomings regarding elections, previously signalled by OSCE/ODIHR, and other suspicions,
More informationPROPOSALS FOR CREATING UNITARY PATENT PROTECTION IN THE EUROPEAN UNION
PROPOSALS FOR CREATING UNITARY PATENT PROTECTION IN THE EUROPEAN UNION The idea of a Community Patent, a single patent that can be enforced throughout the European Union (EU), is hardly new. The original
More informationChapter 20. Optimum Currency Areas and the European Experience. Slides prepared by Thomas Bishop
Chapter 20 Optimum Currency Areas and the European Experience Slides prepared by Thomas Bishop Preview The European Union The European Monetary System Policies of the EU and the EMS Theory of optimal currency
More informationA timeline of the EU. Material(s): Timeline of the EU Worksheet. Source-
A timeline of the EU Source- http://news.bbc.co.uk/2/hi/europe/3583801.stm 1948 Plans for a peaceful Europe In the wake of World War II nationalism is out of favour in large parts of continental Europe
More informationFor example, some EU countries would cooperate in the areas of:
ECONOMICS ECONOMIC RESEARCH June 23, 216 No. 632 Towards a European Union "à la carte"? The debate in the United Kingdom on a Brexit and the debates in different European countries on the respective role
More informationBenoît Cœuré: Interview with BFM Business TV
Benoît Cœuré: Interview with BFM Business TV Interview with Mr Benoît Cœuré, Member of the Executive Board of the European Central Bank, and BFM Business TV, conducted by Mr Stéphane Soumier on 12 March
More informationCOMMISSION OF THE EUROPEAN COMMUNITIES COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN COUNCIL A CITIZENS AGENDA
COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 10.5.2006 COM(2006) 211 final COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN COUNCIL A CITIZENS AGENDA DELIVERING RESULTS FOR EUROPE EN EN COMMUNICATION
More informationTHE EUROPEAN PROJECT: CELEBRATING 60 YEARS
THE EUROPEAN PROJECT: CELEBRATING 60 YEARS Contents 01 Reflections on the past 02 The European Union today 03 Looking to the future 2 Ipsos. REFLECTIONS ON THE PAST 3 Ipsos. INTRODUCTION AS SHOWN TO RESPONDENTS:
More informationDeHavilland Information Services Ltd
The Netherlands voted yesterday to elect a new Parliament, with talks now set to begin on the formation of a new government. 2017 is a crucial year for Europe, with France and Germany also going to the
More informationThe quest for prosperity Mar 15th 2007 From The Economist print edition
The quest for prosperity Mar 15th 2007 From The Economist print edition Europe's economy has been underperforming. But whose fault is that? Get article background AS IT happens, the recent economic figures
More informationChapter 21 (10) Optimum Currency Areas and the Euro
Chapter 21 (10) Optimum Currency Areas and the Euro Preview The European Union The European Monetary System Policies of the EU and the EMS Theory of optimal currency areas Is the EU an optimal currency
More informationICE ICE THE FUTURE OF THE EUROPEAN UNION. The social dimension of the European project 97 Enrique Feás. Foreword 3 Pablo Moreno
MINISTERIO DE INDUSTRIA, COMERCIO Y TURISMO INFORMACIÓN COMERCIAL ESPAÑOLA Secretaría de Estado de Comercio THE FUTURE OF THE EUROPEAN UNION Foreword 3 Pablo Moreno Times of change. Analysis of the proposals
More informationFrom Europe to the Euro Student Orientations 2014 Euro Challenge
From Europe to the Euro Student Orientations 2014 Euro Challenge www.euro-challenge.org 1 What is the European Union? A unique institution Member States voluntarily cede national sovereignty in many areas
More informationMerkel s Twilight Arrives
Merkel s Twilight Arrives November 21, 2018 Angela Merkel s legacy may not be all she hoped for but her successor won t have it much easier. Tomorrow marks Angela Merkel s 4,748th day as German chancellor
More informationSnap! Crackle... Pop? The UK election's meaning for sterling
Snap! Crackle... Pop? The UK election's meaning for sterling Jeremy Cook Chief Economist and Head of Currency Strategy Called by Theresa May a little after Easter as a need to heal divisions within Westminster
More informationEuropean Parliament resolution of 9 September 2010 on the situation of Roma and on freedom of movement in the European Union
P7_TA-PROV(2010)0312 Situation of the Roma people in Europe European Parliament resolution of 9 September 2010 on the situation of Roma and on freedom of movement in the European Union The European Parliament,
More informationESPON, Europe 2020 and Austerity: What research do we need for territorial development in Europe today? Cliff Hague, Freelance Consultant and UK ECP
ESPON, Europe 2020 and Austerity: What research do we need for territorial development in Europe today? Cliff Hague, Freelance Consultant and UK ECP The territorial perspective Europe 2000 (1991) Europe
More informationThe Crisis of the European Union. Weakening of the EU Social Model
The Crisis of the European Union Weakening of the EU Social Model Vincent Navarro and John Schmitt Many observers argue that recent votes unfavorable to the European Union are the result of specific factors
More informationChallenging Multilateralism and the Liberal Order
Challenging Multilateralism and the Liberal Order June 9, 2016 In May 2016 the Council on Foreign Relations International Institutions and Global Governance program, the Stanley Foundation, the Global
More informationChristian KEUSCHNIGG. Europe after Brexit
Christian KEUSCHNIGG Europe after Brexit Executive MBL-HSG & HSG Alumni, Zürich, 13. September 2016 Wirtschaftspolitisches Zentrum Wien St. Gallen www.wpz-fgn.com, office@wpz-fgn.com Plan of Talk Brexit
More informationGeneral Certificate of Education Advanced Level Examination January 2011
General Certificate of Education Advanced Level Examination January 2011 Economics ECON4 Unit 4 The National and International Economy Tuesday 1 February 2011 1.30 pm to 3.30 pm For this paper you must
More informationThe big question we are trying to answer is What has the European Project tried to do to make Europe more stable?
The big question we are trying to answer is What has the European Project tried to do to make Europe more stable? More stable? less war less unrest no revolutions less economic problems more cooperation
More informationBREXIT: WHAT HAPPENED? WHY? WHAT NEXT?
BREXIT: WHAT HAPPENED? WHY? WHAT NEXT? By Richard Peel, published 22.08.16 On 23 June 2016, the people of the United Kingdom voted in a referendum. The question each voter had to answer was: Should the
More informationMeanwhile, in Europe LECTURE 6
Meanwhile, in Europe LECTURE 6 Macron and Merkel Allied? Trying to solve Europe s current challenges: Domestic economics Eurozone issues/brexit Migrant crisis Domestic Economics - France Which problems
More informationMacron wins French presidency, to sighs of relief in Europe
Emmanuel Macron was elected president of France on Sunday with a business-friendly vision of European integration, defeating Marine Le Pen, a far-right nationalist who threatened to take France out of
More informationMIND THE GAP: UNCERTAINTY POST-BREXIT
MIND THE GAP: UNCERTAINTY POST-BREXIT JUNE 27, 2016 For interviews with ASG Vice Chair Jim O Brien, who leads the firm s Europe practice, or ASG Senior Counselor Wendy Sherman, please contact Mary Clare
More informationSUPPLEMENTARY EVIDENCE BAR COUNCIL HOUSE OF LORDS EU INTERNAL MARKET SUB-COMMITTEE INQUIRY BREXIT: FUTURE TRADE BETWEEN THE UK AND EU IN SERVICES
SUPPLEMENTARY EVIDENCE BAR COUNCIL HOUSE OF LORDS EU INTERNAL MARKET SUB-COMMITTEE INQUIRY BREXIT: FUTURE TRADE BETWEEN THE UK AND EU IN SERVICES Introduction 1. This submission from the Bar Council Brexit
More informationSpeech on the 41th Munich Conference on Security Policy 02/12/2005
Home Welcome Press Conferences 2005 Speeches Photos 2004 2003 2002 2001 2000 1999 Organisation Chronology Speaker: Schröder, Gerhard Funktion: Federal Chancellor, Federal Republic of Germany Nation/Organisation:
More informationTransforming Trade Berlin, Germany, 15 October 2018
European Commission Speech [Check against delivery] Transforming Trade Berlin, Germany, 15 October 2018 EU Trade Commissioner Cecilia Malmström Humboldt University Mr Dean, Professors, Students, Ladies
More informationThe time for a debate on the Future of Europe is now
Foreign Ministers group on the Future of Europe Chairman s Statement 1 for an Interim Report 2 15 June 2012 The time for a debate on the Future of Europe is now The situation in the European Union Despite
More informationEU 27, Croatia and Turkey are watching: with or without the Lisbon Treaty
Executive summary Research institutes from EU-27 plus Croatia and Turkey have been asked to analyse national positions on current developments in European politics, particularly, the Irish voters rejection
More informationInternational Summer Program June 26 th to July 17 th, 2006
International Summer Program June 26 th to July 17 th, 2006 Economic Integration By Matthias Kirbach Main elements of this session What is economic integration? Why should we be interested in the process
More informationEU East-West tensions a marriage of convenience?
EU East-West tensions a marriage of convenience? March 25th, 2018 Frank Lünemann Senior Research Fellow, Europe Programme frank.lunemann@cgsrs.org Centre for Geopolitics & Security in Realism Studies 20-22
More informationWillem F Duisenberg: From the EMI to the ECB
Willem F Duisenberg: From the EMI to the ECB Speech by Dr Willem F Duisenberg, President of the European Central Bank, at the Banque de France s Bicentennial Symposium, Paris, on 30 May 2000. * * * Ladies
More informationIntroduction. Definition of Key Terms. General Overview. Why Exit?
Forum: Economic and Social Council (ECOSOC) Topic: The exit of Britain from the European Union and the drop of value of the British Pound Student Officer: Duygu Mercan Position: Deputy President Introduction
More informationPublication for professional investors April 2017 In-depth insights from NN Investment Partners. France: On the brink of a new era
In-depth insights from NN Investment Partners FocusPoint France: On the brink of a new era In this FocusPoint we take a look at the candidates in the second round of the French Presidential election and
More informationStrengthening the Social dimension of the EMU
INTERPARLIAMENTARY CONFERENCE ON STABILITY, ECONOMIC COORDINATION AND GOVERNANCE IN THE EUROPEAN UNION 16 18 OCTOBER 2016, BRATISLAVA Strengthening the Social dimension of the EMU (background note for
More informationopinion piece Public opinion in Member States as a factor in the debate on Turkey s EU membership South East European Studies at Oxford
opinion piece South East European Studies at Oxford Public opinion in Member States as a factor in the debate on Turkey s EU membership Angelos Giannakopoulos St Antony s College University of Oxford Public
More informationWhere Next for UK Employment Rights?
Where Next for UK Employment Rights? Jason Heyes Work, Organisation and Employment Relations Research Centre Sheffield University Management School @WOERRCsheffield A bonfire of employment rights? During
More informationMERKEL S FOURTH TERM JOHN RYAN STRATEGIC UPDATE 17.6
MERKEL S FOURTH TERM JOHN RYAN STRATEGIC UPDATE 17.6 october 2017 LSE IDEAS is an IGA Centre that acts as the School s foreign policy think tank. Through sustained engagement with policymakers and opinion-formers,
More informationPost Referendum Scenarios. The impact of the UK referendum on EU membership
Post Referendum Scenarios The impact of the UK referendum on EU membership Risk Assessment Issues Brexit: How We Got Here In the build-up to the UK General Election of 2015, Prime Minister David Cameron
More informationThe New Sick Man of Europe: the European Union
NUMBERS, FACTS AND TRENDS SHAPING YOUR WORLD Search Released: May 13, 2013 The New Sick Man of Europe: the European Union French Dispirited; Attitudes Diverge Sharply from Germans OVERVIEW The European
More informationS U M M I T R E P O R T
S U M M I T R E P O R T Blueprint for the Brexit negotiations: A signal of unity by the EU-27 SPE CIAL SUMMIT IN BR USSE LS ON 29. APR IL 2017 At a special summit on 29 April 2017 in Brussels, the Heads
More informationChapter 20. Preview. What Is the EU? Optimum Currency Areas and the European Experience
Chapter 20 Optimum Currency Areas and the European Experience Slides prepared by Thomas Bishop Copyright 2009 Pearson Addison-Wesley. All rights reserved. Preview The European Union The European Monetary
More informationby Michele Comelli, Istituto Affari Internazionali (IAI), Rome, Italy
CFSP WATCH 2003 NATIONAL REPORT ITALY by Michele Comelli, Istituto Affari Internazionali (IAI), Rome, Italy 1. Basic Views on CFSP/ESDP in your country. What are the priorities for your government in CFSP?
More informationINTRODUCTION. Commercial in Confidence Copyright 2016, Wikistrat Inc. All Rights Reserved. Patent Pending.
1 INTRODUCTION In recent years, the European Union has faced multiple crises. The 2008 financial collapse led to massive unemployment in several EU countries, most notably among young people. The euro
More informationBernard Snoy President International European League of Economic Cooperation
The political and institutional aspects of further EMU area integration Completing EMU : the political pillar European Economic and Social Committee Section for EMU and Economic and Social Cohesion (ECO)
More informationFrom Europe to the Euro Student Orientations 2013 Euro Challenge
From Europe to the Euro Student Orientations 2013 Euro Challenge www.euro-challenge.org 1 What is the European Union? A unique institution Member States voluntarily cede national sovereignty in many areas
More informationThe EU Membership Referendum: Bigger Than Brexit June 23, 2016
Dear Partners, In our Q4 2015 Capital Markets Update, we identified political polarization in Europe as a key risk coming into 2016. On February 20 th of this year, UK Prime Minister David Cameron announced
More informationPriorities and programme of the Hungarian Presidency
Priorities and programme of the Hungarian Presidency The Hungarian Presidency of the Council of the European Union wishes to build its political agenda around the human factor, focusing on four main topics:
More informationInternational Conference in honour of Niels Thygesen. Edmond Alphandéry* Session I Why did we get the Euro?
International Conference in honour of Niels Thygesen Friday December 5 th 2014 University of Copenhagen Edmond Alphandéry* Session I Why did we get the Euro? This event is a good occasion to celebrate
More informationIdeology or cherry-picking? The issue opportunity structure for candidates in France
Ideology or cherry-picking? The issue opportunity structure for candidates in France Nicola Maggini, Lorenzo De Sio and Elie Michel April 18, 2017 Building on the tools provided by issue theory (De Sio
More informationGlobalisation Enters a New Phase
b Globalisation Enters a New Phase B What was the reaction in your country to Donald Trump s election win? What do you think are the global implications of his victory? November 2016 The Guardian Globalisation
More information