• Opinion piece by Charles Grant
    The National Interest, 07 October 2011

    For almost two years, the eurozone has been stricken with a potentially fatal malaise. Three crises have intermingled and reinforced each other: Greece, Ireland, Italy, Portugal and Spain face crises of excessive debt (public and private); those same countries suffer from anemic economic growth; and much of the European Union is afflicted with a banking crisis.

  • Insight by Simon Tilford, 03 October 2011

    The ECB’s inflation target is too low for a currency union. It risks depressing economic growth and makes it hard for countries like Spain and Italy to regain competitiveness.

  • Bulletin article by Philip Whyte, 28 September 2011

    Most events have an official – or at any rate widely accepted – narrative. In much of Europe, the narrative of the eurozone crisis goes something like this: this is not a crisis of the eurozone, which has been a success.

  • Bulletin article by Katinka Barysch, 28 September 2011

    Chancellor Angela Merkel’s apparent inability or unwillingness to take bold steps could sink the euro. Yet is it even realistic to expect her to overcome growing opposition from within her own coalition government, a hostile public mood and the red lines drawn by a powerful constitutional court?

  • Opinion piece by Simon Tilford
    Financial Times, 26 September 2011

    The following article was written in response to 'Only the IMF can solve eurozone crisis' by Ragharam Rajan, published in the Financial Times, 26 September 2011.

  • Opinion piece by Simon Tilford
    NRC Weekend, 25 September 2011

    De beleidsmakers van de eurozone, en vooral de Duitsers en de Nederlanders, zijn niet in staat gebleken uit te stijgen boven hun overmoed en morele betweterij, zodat de eurozone maar heel weinig munitie heeft om de komende financiële storm te trotseren.

  • Insight by Simon Tilford, 19 September 2011

    Eurozone policy-makers have dug in their feet, preferring to deepen the crisis than admit their mistakes. Unless reason trumps moral posturing soon, dissolution of the eurozone is inevitable.

  • Opinion piece by Simon Tilford
    Il sole 24 Ore, 10 August 2011

    Le debolezze istituzionali dell'eurozona sono state messe a nudo. Il tentativo di attuare una politica monetaria comune senza un Tesoro comune è fallito.