Political instability in Greece and a further worsening of the banking crisis in Spain recently sparked a new wave of the … Continue reading “Is Greece trapped in the eurozone?”

The results of the last EU summit were labelled by politicians as the final step to resolve the eurozone debt … Continue reading “Euro crisis: politicians cannot bypass the market”

Last week the European Commission presented its proposal for a financial transaction tax (FTT) for the EU27. The new tax … Continue reading “A financial transaction tax would lead to more regulation and bureaucracy”

Last week rumours circulated that Greece is considering leaving the eurozone. In addition, representatives of the European Commission and European … Continue reading “Blackmail by Athens?”

According to media reports , the European Commission is planning to introduce taxes on commodities as part of the new … Continue reading “EU commodity taxes won’t raise efficiency”

The EU, national governments, academics and media are discussing how to rebuild the shattered EMU stability framework , after the … Continue reading “Euro stabilisation plans are flawed”

This weekend the EU finance ministers, the EU and the IMF agreed a huge bailout package for the troubled eurozone … Continue reading “The EU rescue package is not a long-term solution”

“Borrow as much as you like – the ECB will bail you out” – that was arguably the implicit message of European … Continue reading “Borrow as much as you like – the ECB will bail you out”

Just recently, the European Commission set out its proposal for a new economic strategy for Europe, a successor to the failed … Continue reading “The EU 2020 strategy – the bitter taste of central planning”