The single market & competition policy

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The Greek bailout deal resolves nothing

The Greek bailout deal resolves nothing

Christian Odendahl, John Springford
13 July 2015
Even if the new bailout makes it through the Greek parliament in coming weeks, the programme's economic incoherence will make it fall apart.
Legal options

Thomas Cromwell or the executioner's axe? Options for a Grexit

Agata Gostyńska-Jakubowska, Camino Mortera-Martinez
10 July 2015
EU lawyers are working to find a creative way to accommodate a Grexit if it becomes inevitable. None of the options are legally watertight or desirable.
5 presidents' report

The eurozone's 'five presidents' report': An assessment

Christian Odendahl
22 June 2015
The long-awaited report rightly aims to complete a financial union in the eurozone, but over-emphasises structural reforms and underplays the need for stronger counter-cyclical policies.
Grexit

Greece: After a deal, work on a solution

Christian Odendahl
11 June 2015
A deal between Greece and its creditors is still likely but what the country really needs is a Greece-led, cross-party plan to transform its institutions. 
How will the eurozone cope with the next downturn?

How will the eurozone cope with the next downturn?

Simon Tilford
27 May 2015
Eurozone policy-makers will have little ammunition to combat the next downturn: interest rates will still be close to zero, public debt and unemployment high.
The low-hanging fruit of European capital markets

The low-hanging fruit of European capital markets

Christian Odendahl
08 April 2015
The planned capital markets union in Europe faces many obstacles. Commissioner Hill was right to start with the lower-hanging fruit.
German rebalancing: Waiting for Godot?

German rebalancing: Waiting for Godot?

Simon Tilford
09 March 2015
Far from rebalancing, Germany’s trade surplus continues to grow. This is in nobody’s interests. The German government could and should take steps to reduce it.
The implications of Syriza’s victory

The implications of Syriza’s victory

Christian Odendahl, Simon Tilford
26 January 2015
Greece is not at imminent risk of leaving the euro. But the negotiations will be difficult and uncertainties over Greece's membership will persist.
Quantitative easing alone will not ward off deflation

Quantitative easing alone will not ward off deflation

Christian Odendahl
21 January 2015
Quantitative easing alone will do little to boost the eurozone economy. The ECB needs to shift expectations and this requires a different approach to monetary policy.
Greece will remain in the euro for now

Greece will remain in the euro for now

Christian Odendahl, Simon Tilford
16 January 2015
Neither Greece nor the eurozone want Grexit, and it is unlikely to happen. But neogiations will be difficult and uncertainties over Greece's membership will persist.
The ECB is not the German central bank

The ECB is not the German central bank

Christian Odendahl
02 December 2014
The ECB should stop waiting for German approval of more aggressive monetary policy, and Germany should back the ECB more openly.
How to pull the eurozone out of the mire

How to pull the eurozone out of the mire

Christian Odendahl, John Springford
26 September 2014
To free the eurozone, public investment, tax cuts and monetary stimulus are needed.
Bulletin issue 98

Issue 98 - 2014

Agata Gostyńska-Jakubowska, Christian Odendahl, John Springford, Rem Korteweg
26 September 2014
Boris Johnson, Gerard Lyons and policy-based evidence making

Boris Johnson, Gerard Lyons and policy-based evidence making

11 August 2014
Conservatives say that leaving the EU would be better than the status quo, but where is the evidence?
The eurozone is no place for poor countries

The eurozone is no place for poor countries

Simon Tilford
27 June 2014
The gap between the eurozone’s richer and poorer members is as wide as in 1999 and is growing. Poorer prospective members should take note.
How to finish the euro house

How to finish the euro house

Philippe Legrain
17 June 2014
Eurozone governance is politically unsustainable: its rules and institutions favour creditor over debtor countries. Eurozone policy-makers need to change direction before it is too late.

The economic consequences of leaving the EU

The final report of the CER commission on the UK and the EU single market
09 June 2014
A group of experts finds that, after leaving the EU, the UK would face an invidious choice: sign up to the single market’s rules, or suffer economic damage.In April 2016 an updated version of the report The economic consequences of leaving the EU: The final report of the CER commission on Brexit 2016 was published.
The consequences of Brexit for the City of London

The consequences of Brexit for the City of London

John Springford, Philip Whyte
08 May 2014
If Britain leaves the EU, the City of London will lose access to European markets – unless the UK aligns its financial rules with those of the EU.