Press quotes

  • Financial Times, 17 November 2011

    As Charles Grant of the CER puts it: "The risk is that Cameron will start making impossible demands. If pushed too far, Germany will go for a completely new treaty outside the EU framework. That will trigger a real crisis in the relationship."

  • The Times, 17 November 2011

    "He is rattled. France is being dragged into this crisis," said Simon Tilfordof the CER. Britain is a source of particular irritation, he suggests, because Mr Cameron and George Osborne are saying in public what the French only say in private.

  • National Public Radio, 16 November 2011

    "Even economies that do not have the fiscal problems of some of the other eurozone economies are considered a risk, [they] are being shunned," says Simon Tilford, chief economist of the CER in London.

  • The New York Times, 16 November 2011

    But, said Mr Tilford, the eurozone "is going to crack unless ECB enters the picture soon." If the central bank really starts carrying out the lender of last resort function, then the crisis can still be reined in, he and others said.

  • Voice of America, 15 November 2011

    "If a country were to opt to leave the eurozone, the rest of the eurozone would have to make sure that process was a relatively controlled one…" said Simon Tilford, chief economist at the CER. 

  • Bloomberg, 15 November 2011

    While the appointments in Greece and Italy avoided snap elections that may have created even greater turbulence in financial markets, governments made up of non-political experts can't make up for the single currency’s flaws, said Philip Whyte at the CER . ...

  • The New York Times, 15 November 2011

    "The Germans often don't sufficiently appreciate how wrenching the economic changes are that they're prescribing," said Philip Whyte, a senior research fellow at the CER in London.

  • El Pais, 15 November 2011

    "Pienso que estamos en terreno muy peligroso, y que la eurozona debe actuar de inmediato", dijo Simon Tilford, economista en jefe del CER.

  • Reuters, 14 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," wrote Simon Tilford and Philip Whyte in a new paper for the CER.

  • USA Today, 14 November 2011

    "Greece has been asked to attempt the impossible," said Simon Tilford, chief economist with the CER in London. "The strategy, the fiscal austerity program over the last two years, has failed and has pushed the economy into a very deep slump.