Press

Greece rescue is just a sticking plaster

30 March 2010
The Guardian
For several years it has been evident that any momentum the European Union had for further integration has been dwindling. For instance, despite the entry into force of the Lisbon treaty, the EU shows few signs of developing more united and effective foreign policies.

Turkish constitutional reform under fire from opposition and business

Katinka Barysch
30 March 2010
EurActiv.com
It woud be "misguided" for the AKP to hastily adopt a new constitution now in an attempt to ensure its own political survival, writes analyst Katinka Barysch in an insight article for the Centre for European Reform. "Such a strategy may work, in the sense that it would prevent a 'judicial coup' against the government. But it would hardly assuage the concerns of those who suspect the AKP of using democracy as a means to pursue a hidden agenda of Islamisation," Barysch writes.

Germany cools to EU unity, turning inward

28 March 2010
The Wall Street Journal
Berlin's line on Greece "is yet another example of German economic unilateralism," says Charles Grant, director of the Centre for European Reform, a London think-tank. ..."German politicians and voters think more European integration means other countries grabbing German money," says Mr. Grant.

Europeans woo US, promising relevance

28 March 2010
New York Times
But Europe is not ready for a serious discussion with Washington, said Charles Grant, director of the Centre for European Reform, a research group based in London. "You can't build a good transatlantic relationship unless you have a Europe that knows what it wants," he said. On the issues that Washington cares most about, Mr. Grant said, the Europeans are divided or their common position weak. And the euro crisis, he said, "means we're introspective."

Greece bailout: What's the future of the euro?

28 March 2010
The Christian Science Monitor
"Spain is going to pose a big problem. It is in all sorts of trouble about how it will increase growth. It lost a great deal of competitiveness, and costs have gone up," says Simon Tilford, an economist at the Centre for European Reform, a think-tank in London. "Any economy regarded as having poor growth prospects is going to struggle to borrow at affordable levels."

Greek debt crisis dominates EU talks

25 March 2010
Voice of America
The chief economist at the Centre for European Reform in London, Simon Tilford, believes EU leaders will come up with some kind of minimum deal in Brussels. But he thinks it will fail to give Greece the support it needs nor will it offer long term solutions for other struggling European economies. "I think Greece faces a very, very tough time," he said. "They are going to struggle to retain the confidence of the financial markets.

Europe's choice: growth or safety net

25 March 2010
The Wall Street Journal
"The euro was supposed to achieve higher productivity and growth by bringing about a deeper integration between economies," says Simon Tilford, chief economist at the Centre for European Reform, a London think-tank. "Instead, integration is slowing. The lack of flexibility in labour and product markets raises serious questions about the likelihood of the euro delivering on its potential."

Bailout showdown: Greece and Germany raise the stakes

24 March 2010
Time
Simon Tilford, chief economist at the London based Centre for European Reform think-tank, says Merkel's brinkmanship is understandable given the political risks of Germany's conceding too soon but that she cannot hold out indefinitely. "It is implausible that Greece could get through the rest of this year unaided," he says. "Ultimately, the Germans will put something on the table. They will always defend the stability of the euro."

Sarkozy cannot fall out with Merkel

24 March 2010
Financial Times
As Charles Grant, of the London based Centre for European Reform, points out, there have been crunch moments before that have prevented the bloc from moving forward. This is one that could send it careering backwards.

Europe looks at IMF with unease as Greece struggles

Philip Whyte
24 March 2010
New York Times
"The sums involved are quite large, and no one knows quite how much of that gap the IMF can fill," said Philip Whyte, an economist at the Centre for European Reform in London. "Even 10 or 11 billion euros would be a big help," he said, but it would need to be supplemented by some form of European loan, bilateral or collective, particularly with Greece needing to roll over an additional $44 billion later this year.

Merkel hailed as EU 'victor' in Greece crisis

24 March 2010
EU Business
"I am not hugely optimistic," Simon Tilford from the London based think-tank Centre for European Reform told AFP. "They might manage to finesse it to make it look like there has been an agreement ... But with a bit more scrutiny it will become apparent that we haven't made a whole lot of progress. "There will be some kind of deal announced, and it will be some sort of hybrid, but the terms attached to the granting of any bilateral loans will be unrealistic."

EU eyes aid deal that satisfies Merkel and Greece

23 March 2010
Reuters
"Greece has to roll over a lot of money in April and May. It might manage to do that but the idea that it could get through the rest of this year unaided is pretty implausible," said Simon Tilford of the Centre for European Reform think-tank. "There is pressure now to agree to something at the summit but it has to be something that Germany can accept and also prevents Greece going (directly) to the IMF. It will be hard."

Číne a Amerike musíme ísť príkladom

Tomas Valasek
22 March 2010
SME.sk
Svet po kríze už bude iný, nebude v ňom vládnuť samotná Amerika, novú koncepciu musí prijať aj NATO, hovorí svetovo uznávaný bezpečnostný analytik TOMÁŠ VALÁŠEK.

Greek debt crisis merely adds to the list of issues dividing the European Union

21 March 2010
The Washington Post
"The creation and enlargement of the EU was one of Europe's biggest achievements, but now its inability to speak as one, and its failure to agree on how to tackle its underlying economic and social challenges, is undermining Europe's standing and potentially leading it into a period of decline," said Simon Tilford, chief economist at the Centre for European Reform, a London-based think-tank.

Germany: Responsible for Europe's crisis?

19 March 2010
Global Post
"Germans think they have been prudent, they say that Greeks and others should take a leaf out of their book," said Simon Tilford of the Centre for European Reform in London. "They are nonplussed when others don't buy into it. But, it's almost impossible to get the economy growing unless you get exports to Germany."

Euro laggards risk stagnation, deflation

18 March 2010
CNBC
The CER's Charles Grant told reporters that the countries ignored advice from the European Union's executive to overhaul their economies by making labour markets more flexible and knocking down barriers that protect some businesses or sectors from rivalry. If the four nations had been "better pupils and swallowed the medicine, they wouldn't be in the trouble they are today," Grant said.

Greece to seek details on loans from Europe

18 March 2010
New York Times
Simon Tilford, chief economist at the Centre for European Reform, said that the euro zone leaders had "done enough to reassure the markets for a little while," but that "they are going to have to clarify things at some point. The idea that the crisis has been overcome is wishful thinking."

Merkel floats option of euro zone expulsion

18 March 2010
The Wall Street Journal
"I don't see such a treaty change ever being agreed," said Simon Tilford, chief economist at the Centre for European Reform, a London think-tank. "Other member states will not accede to this in the absence of any recognition on the part of the Germans that they will need to amend their economic strategy if the stability of the euro zone is not to be compromised."

'Sinister' German spy plan aimed at Hedge Funds, analysts say

Philip Whyte
17 March 2010
Bloomberg Business Week
"I find it sinister and silly, it is a complete overreaction," said Philip Whyte of the Centre for European Reform, a pro-European Union research institute in London. "There is a certain school of thought in continental Europe that everything is always the fault of hedge funds." Schaeuble's comments reflected "a longstanding paranoia about the Anglo-Saxon model of capitalism."

European fight won't be Conservative priority

17 March 2010
Reuters
"They will believe the economy is their priority. They won't want Europe as an issue to distract energy and attention and time," said Charles Grant, director of the Centre for European Reform think-tank.