James Downes and Edward Chan (Social Europe, 29 June) have written of the debacle of the social democratic Left in Europe and echoed others such as Sheri Berman who has claimed that this is because it has run out of ideas (see here) while Dani Rodrik of Harvard, even more sweepingly, has claimed that, since […]
A European Germany Returns?
The outcome of the negotiations for a Grand Coalition in Germany has been remarkable. For the SPD to get foreign affairs and labour is not surprising, but to gain the finance ministry is more than many could have hoped. The appointment of Olaf Scholz, Mayor of Hamburg, also might mean a new direction for Germany […]
Eurobonds: An Open Letter To Martin Schulz
Martin, You may recollect that we met with Elisa Ferreira and Jacek Saryusz-Wolski in Strasbourg in 2012 when Elisa, he and I made the case that I had already made to Jacques Delors for joint EIB-EIF bonds for economic recovery. At the end of the meeting you said: ‘go with this and make sure you […]
Economic Recovery Of The EU Is Not Beholden To The ECB
Europe is in a Gordian knot of debt, deflation and democratic deficits. A hegemonic Germany that Adenauer, Brandt, Schmidt and Kohl wished to avoid dominates the Eurozone, has defeated democracy in Greece and seems unassailable in its demands for austerity. German arrogance is matched by Commission subservience to Berlin. The ECB is assumed to be […]
All Content