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The eurozone’s strategy of pain
1st February 2012
For the third year in a row, the eurozone is the weakest link in the world economy. In 2010, attention was focused on responses to the crisis on the eurozone periphery – Greece, Portugal, and Ireland. -
Europe’s growth challenge
31st January 2012
The strategy for addressing the euro debt crisis evolved last summer, as European leaders put economic growth right in the policy agenda. It was an important commitment. Yet, at this juncture, action is required, and for at least two reasons. -
Growth in Europe: don’t forget the long-run
26th January 2012
Growth in Europe is projected to be weak in 2012 and 2013. This is true for the aggregate but the outlook is much worse for many of the countries in the South. The south of the eurozone is struggling with a twin challenge: high (external) debt and weak competitiveness. -
The numbers behind a new EU Growth Fund
25th January 2012
Greece is expected to receive this year about €6bn in funds to support long-term investment projects. Yet, country has €15bn in outstanding EU funds, thus…
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La politique en berne
23rd January 2012
In this op-ed, published in Le Monde, Jean-Pisani Ferry assesses the work of traditional parties in European countries in building effective debate about the responses and resolutions to the crisis. -
Behind the ECB’s Wall of Money
19th January 2012
Throughout the crisis period, the European Central Bank’s behavior has been conditioned by the tension between what it can do and what it is allowed to do. -
S&P’s downgrades: don’t shoot the messenger
15th January 2012
On Friday 13 January Standard and Poor's downgraded nine euro-area countries. Beyond the headline-grabbing downgrade of France, this reassessment is a vote of no-confidence on the decisions taken on 9 December by the European leaders. -
The Eurozone’s gamble
15th January 2012
For the third year in a row, the Eurozone is the weak spot of the world economy and the focus of international attention. In 2010…
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The ten roots of the euro crisis
11th January 2012
On 9 December 2011 euro-area leaders once again gathered in an attempt to find a comprehensive solution for the euro-area sovereign debt and banking problems – but once again they failed to convince markets. Why is it so hard to overcome the current crisis? -
Should we go back on Greek PSI?
10th January 2012
This op-ed by Guntram Wolff provides an analysis of Athanasios Orphanides' argument that the eurozone should jettison the deal reached on Greece and abandon the Greek private sector involvement (PSI).
