Press quotes

  • Path out of eurozone crisis spells prolonged economic pain
    Reuters, 11 November 2011

    "On current policy trends, a wave of sovereign defaults and bank failures are unavoidable. Much of the currency union faces depression and deflation," write Simon Tilford and Philip Whyte in a new paper for the CER think-tank. ...

  • Europe's future: division or unity?
    Public Service Europe, 10 November 2011

    But simply creating stricter rules to enforce discipline will not solve the problem, a new study by analysts at the CER claims.

  • Leaders tumble in crisis as Europe cracks at seams
    Edmonton Journal, 09 November 2011

    "We have come to the end of a unique period of political and economic consensus," Hugo Brady of the CER told AFP. ... "Where do we go if we don't save the euro? Will we want further European integration?

  • Unemployment rates will rise, analysts say
    The Prague Post, 09 November 2011

    "Households are not spending, firms are not spending, and governments are making cuts," said Simon Tilford, chief economist at the CER in London. "There is no doubt that fiscal austerity is exacerbating economic weakness." ...

  • NATO's noble words go for naught
    The New York Times, 07 November 2011

    "NATO officials are working on list of about 150 areas where NATO armed forces could strengthen their joint efforts," argued Clara Marina O'Donnell, a security analyst at the CER in London in a recently published paper.

  • France unveils tough austerity plan
    Voice of America, 07 November 2011

    "The [French] recovery has already ground to a halt and it's sliding back into a recession," he said. "That is not the time that any government should be cutting spending. All that risks doing is pushing the economy further into recession," said Simon Tilford, chief economist at the CER.

  • Europe's economic struggles continue despite Greek deal
    Voice of America, 07 November 2011

    Simon Tilford of the CER, says the ECB must step in - something its top officials are reluctant to do. "The problem at the moment is that we’re in a period of exceptionally weak economic growth. We're going through unprecedented economic weakness." 

  • Greece cobbles together interim government as Italy teeters
    The Christian Science Monitor, 07 November 2011

    “A new government will help,” says a skeptical Philip Whyte of the CER in London. “But even a unity government will be hard pressed to accept the measures that Greeks are being asked to swallow.

  • In turmoil, Greece and Italy deepen euro crisis
    The New York Times, 07 November 2011

    “In the longer run, the eurozone cannot be viable unless something is done to tackle the imbalances that gave rise to the crisis,” said Charles Grant, the director of the CER, a London research institute.

  • Political uncertainty lingers in Greece
    The New York Times, 05 November 2011

    Charles Grant, director of the CER, said that if Greece defaulted or prepared to leave the euro zone before the bloc could build a big enough bailout mechanism "and before there’s a credible Italian government," it could "bring down the whole euro system."