The single market & competition policy

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Economic recovery requires a better deal for labour

Economic recovery requires a better deal for labour

Simon Tilford
05 November 2012
Unless labour receives a larger share of the pie, Europe's economic recovery will prove elusive and popular hostility to markets will grow.
Will the euro crisis lead to the break-up of EU member-states?

Will the euro crisis lead to the break-up of EU member-states?

Tomas Valasek
24 October 2012
The crisis is fuelling separatism in Spain and Belgium. But elsewhere in Europe separatists do poorly. Scotland's example may yet discourage others from following Catalonia and Flanders.
How to build European services markets

How to build European services markets

28 September 2012
European services markets are still overwhelmingly national. There are big economic gains to be made from opening them up. 
Europe’s leaders are casting around for ways to improve the EU’s economic performance. In the long term, a more integrated single market for services could improve Europe’s weak productivity growth. The...
Eurozone: Are the building blocks falling into place?

Eurozone: Are the building blocks falling into place?

Simon Tilford
26 September 2012
On the face of it, September was a good month for the euro. For once, market expectations were met. The European Central Bank (ECB) belatedly opened the way for action to address the ruinous polarisation of government borrowing costs in the eurozone.
Bulletin issue 86

Issue 86 - 2012

Clara Marina O'Donnell, Hugo Brady, Simon Tilford
26 September 2012
How seriously can investors take Draghi's assurances?

How seriously can investors take Draghi's assurances?

Simon Tilford
31 August 2012
The ECB's upcoming programme of government bond purchases will not be big enough to dispel investors' fears that troubled euro members might quit the currency union.
Will a new German constitution save the euro?

Will a new German constitution save the euro?

Katinka Barysch
29 August 2012
German politicians from government and opposition want a referendum on a new pro-European constitution. But this does not mean that Berlin is preparing for eurobonds.
Has the eurozone reached the limits of the politically possible?

Has the eurozone reached the limits of the politically possible?

Simon Tilford
12 July 2012
The limited measures agreed at June's summit are unlikely to take effect, suggesting that the eurozone has already reached the limits of the politically possible.
Britain must defend the single market

Britain must defend the single market

Jo Johnson MP
22 June 2012
A Conservative MP argues that the single market will flounder if the UK is marginalised inside the EU – or if the UK leaves altogether.
Some sorts of austerity are better than others

Some sorts of austerity are better than others

01 June 2012
Governments in the eurozone's periphery are making indiscriminate cuts. Reducing spending that does little to support demand and recycling it into investment would help.
A Greek exit will not be cathartic

A Greek exit will not be cathartic

Simon Tilford
25 May 2012
How the eurozone handles Greece will determine whether or not the single currency survives – and hence the future of the EU as a whole.
If a Greek exit from the eurozone is mishandled, contagion to the other struggling member-states could be uncontrollable, leading inexorably to the collapse of the euro....
Ireland's fiscal treaty referendum

Ireland's fiscal treaty referendum: (More) fear and loathing in the eurozone?

Hugo Brady
11 May 2012
Ireland votes on the EU’s new fiscal compact on May 31st. Hugo Brady assesses the chances of a Yes and the consequences of a No.
Stable public finances require stronger business investment

Stable public finances require stronger business investment

Simon Tilford
26 March 2012
Economic recovery in Europe is being held back by the unprecedented weakness of business investment. Despite a secular decline in business taxation and labour market reforms that have boosted the power of capital relative to labour, the ratio of investment-to-GDP across the EU is at a 60 year low. Rather...
Greece's real challenge

Greece's real challenge

Katinka Barysch
03 February 2012
Greece's new bail-out package needs less austerity and more structural reforms. A bloated and immobile public sector remains a drag on growth.
The ECB must stand behind the euro

The ECB must stand behind the euro

Simon Tilford
28 November 2011
The eurozone is now subject to a full-blown run on its bond market. Spanish and Italian borrowing costs are now higher than those of Greece, Ireland and Portugal when they were forced to seek bail-outs from the EU and IMF. The crisis has spread to Belgium and France, and even...
Why stricter rules threaten the eurozone

Why stricter rules threaten the eurozone

Simon Tilford, Philip Whyte
09 November 2011
To restore confidence in the eurozone, leaders must fix its institutional flaws and stretch some rules in the interim. Instead, they are doing the opposite.
Innovation: How Europe can take off

Innovation: How Europe can take off

Simon Tilford, Esko Aho, Jim Attridge, Amar Bhidé, Albert Bravo-Biosca, Nicholas Crafts, Máire Geoghegan-Quinn, Malcolm Harbour, John Kay, Helga Nowotny, Andreas Schleicher, Michael Schrage, Philip Whyte and David Willetts.
08 July 2011
Every EU government supports innovation, believing that it will help Europe to meet the numerous economic, social and environmental challenges that it faces.