Single market, competition & trade

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Sound public finances require more than low budget deficits

Sound public finances require more than low budget deficits

Simon Tilford
04 January 2013
Small budget deficits are no guarantee of sustainable public finances: Europe needs higher inflation and growth if it is to stem the rise in public debt.
Austerity report

Europe's future in an age of austerity

John Springford, Philip Whyte, Simon Tilford
18 December 2012
The CER invited leading economists and policy-makers to debate the implications of fiscal austerity for economic, political and monetary stability.
A multi-tier Europe? The political consequences of the euro crisis

A multi-tier Europe? The political consequences of the euro crisis

Katinka Barysch
07 December 2012
Euro members must integrate more to save the single currency. But will a two-tier EU destroy the single market and lose the support of the people?
What a banking union means for Europe

What a banking union means for Europe

Philip Whyte
05 December 2012
A full banking union is needed to stabilise the eurozone. However, even an embryonic union could drive a wedge between the eurozone and the EU-27.
Europe's youth job crisis

Europe's youth job crisis

Katinka Barysch
30 November 2012
Some 14 million young people in the EU are not in work or education. German-style apprenticeships and flexible labour markets could help them get jobs.
Germany's opposition and the euro crisis

Germany's opposition and the euro crisis

Katinka Barysch
26 November 2012
Although Germany’s next general election is not scheduled until October 2013, the campaign started in earnest on 28 September 2012.
Eurozone: Trouble in the core?

Eurozone: Trouble in the core?

Simon Tilford
26 November 2012
Many people lazily assume that the eurozone is now split into a strong, prosperous core and a weak, depressed periphery.
Much ado about little: Britain and the EU budget

Much ado about little: Britain and the EU budget

07 November 2012
Britain is expending considerable political capital on freezing the EU budget. It would be best to push for reform of how the budget is spent.
Russia needs a plan for modernising its economy thumbnail

Russia needs a plan for modernising its economy

06 November 2012
Russia remains dependent on oil and gas, yet its leaders lack a coherent plan for rebalancing the economy. President Putin does not seem bothered.
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.
Political Union

Alice in euroland: What political union for the single currency?

Philip Whyte
09 October 2012
The eurozone needs to be embedded in a 'political union' if it is to work better. The question is: what sort of political union?
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.
Iceland & the EU

The Commission should stand firm on Iceland's accession negotiations

Stephen Tindale
08 August 2012
The world's longest running democracy would be a welcome member, but the EU should not lower standards on fishing or whaling to encourage Iceland to join.