Is Finland Really a Closet Member of the Eurozone Periphery?

At a time when many eyes look hopefully towards the ECB for the kind of action which may prove to be the salvation of the much beleaguered Eurozone other, more critical, ones are casting themselves back over the recent track record of the institution itself, and asking what, if any, responsibility the Frankfurt-based bankers have for having […]

A Deep Seated Hostility Towards European Construction?

The British decision to veto the proposed new EU treaty is not surprisingly provoking an avalanche of commentary this weekend. Among journalists, at least, there seems to be a consensus that David Cameron committed some kind of major diplomatic blunder. Possibly this is so, but given the difficulties presented by having to take this agreement forward outside the […]

The Policymaker’s Fear of the Italian Penalty Shot

“While the impact of service-sector liberalization and privatizations may be positive on medium-term growth, the budget cuts are likely to have quite negative effects on the short-term GDP dynamic. We expect Italian GDP growth to slow to close to zero in 2012 and 2013.” Giada Giani, Citigroup According to one anonymous German official speaking off […]

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