When Financial Markets Misread Politics
When Turkey’s Justice and Development Party (AKP) defied pundits and pollsters by regaining a parliamentary majority in the country’s general election on November 1, financial
Deepening EU Economic Governance: The Next Steps
Earlier this year, the so called ‘Five Presidents’ report’, authored by Jean-Claude Juncker, Donald Tusk, Jeroen Dijsselbloem, Mario Draghi, and Martin Schulz, was published, outlining
Greek Collective Bargaining After The Third Memorandum
The radical restructuring of Greek collective bargaining was right from the beginning one of the core demands of the Troika of the European Commission, the
The Eurozone: Deflationary Boom Or Deflationary Bust?
Several years ago the idea that fiscal austerity could induce growth, “expansionary austerity”, had a brief flowering before withering under the heat of ridicule. Recently
Europe’s Last Straw?
The European Union is facing a truly terrifying array of crises. After prolonged euro and sovereign-debt crises polarized and radicalized the continent, creating a deep
The Left Needs A Better Conversation On National Sovereignty
EU membership is not a contradiction to national sovereignty; it has become a condition for it. Gone are the days when talking about national sovereignty
Private Equity, Plunder And Profit – A Glimpse Of The Future For Greece?
A Luxembourg court will decide next month whether the alleged financial pillage of a Greek mobile phone company at the height of the buyout boom
Turkish Elections Or Political Economy Of State-orchestrated Violence
The results of the snap elections in Turkey have taken everybody by surprise. This is not because observers with a critical eye have failed to
New Countdown For Greece: A Bank Bail-in Is Looming
The debt crisis may no longer be in the spotlight but the financial situation in Greece remains complex. Greek banks continue to survive at the
The End Of German Hegemony – Really?
I was puzzled by Daniel Gros’ recent column in which he claims that Germany’s dominance of the EMU may be coming to an end. Gros’ argument
Luddism In The Age Of Uber
A common response to the wave of protests over Uber is that its opponents are ‘Luddites’. The implication is that resistance to new technology today
Social Benefits In The Age of Uber
When it comes to compensation, the company you work for often matters more than how good you are at what you do. In 2013, the
Viktor Orbán, Refugees And The Threat To Europe
As European leaders grapple with the unprecedented influx of asylum seekers, Hungary’s Prime Minister, Viktor Orbán, has repeatedly expressed his belief that the mostly Middle
The Climate’s Point Of No Return
When it comes to climate change, the world has reached a point of no return. That may sound ominous, but it is precisely where we
Europe’s Politics Of Dystopia
The recent victory of the conservative Law and Justice (PiS) party in Poland confirms a recent trend in Europe: the rise of illiberal state capitalism,
Turning The Tables: Poland’s New Government And Europe
Last Sunday’s election results left some Poles devastated, but others seem to be if not hopeful, then relieved. The massive victory of the conservative Law
I Am Not A Fan Of Angela Merkel But…
I do admire and fully support her policies and her strong humanitarian commitment in this refugee crisis. Opening up the country for a million people