EU banking unionPolitical Union Eurozone limits
  • What a banking union means for Europe
    Essay by Philip Whyte, 05 December 2012
    What a banking union means for Europe
  • Alice in euroland: What political union for the single currency?
    Insight by Philip Whyte, 09 October 2012
    Alice in euroland: What political union for the single currency?
  • Has the eurozone reached the limits of the politically possible?
    Insight by Simon Tilford, 12 July 2012
    Has the eurozone reached the limits of the politically possible?
  • Germany's choice: Higher inflation or sovereign defaults
    Insight by Simon Tilford, 09 May 2012

    Germany faces a choice between higher inflation or a wave of sovereign defaults culminating in either a transfer union or the collapse of the eurozone.
  • Ihr selbstgerechten Deutschen!
    Opinion piece by Simon Tilford
    Die Zeit, 30 April 2012

    Wenn es um die Krise in der Euro-Zone geht, lautet die herrschende Erzählung in Deutschland wie folgt: Es gibt keine Krise des Euro, denn dieser war ein Erfolg. Wenn einige Staaten im Moment in Schwierigkeiten stecken, dann nur deshalb, weil sie an Wettbewerbsfähigkeit verloren und die Maastricht-Kriterien verletzt haben.
  • Governance reforms have left the euro's flawed structure intact
    Insight by Philip Whyte, 18 April 2012

    European leaders have presided over a major overhaul of the way the eurozone is run. But the eurozone's basic institutional configuration remains as unstable as ever.
  • L’audace de la zone euro et le FMI
    Opinion piece by Simon Tilford
    Les Echos, 12 April 2012

    LE CERCLE. (par Simon Tilford) - Les décideurs et les hommes politiques de la zone euro ne doutent de rien : ils ont contribué leur part pour soutenir les membres de l’union monétaire en difficulté en accroissant le montant de son fonds d’urgence, le Mécanisme européen de stabilité (MES).
  • Die Dreistigkeit der Euro-Zone
    Opinion piece by Simon Tilford
    Financial Times Deutschland, 12 April 2012

    Die Politiker und Vordenker der Eurozone haben keinen Zweifel: Durch die Vergrößerung des Rettungsfonds, des Europäischen Stabilitätsmechanismus (ESM), haben sie ihren Teil dazu beigetragen, die Mitglieder der Währungsunion zu stützen, die sich in Schwierigkeiten befinden.

  • Eurozone Chutzpah and the IMF
    Opinion piece by Simon Tilford
    Project Syndicate, 11 April 2012

    LONDON – Eurozone policymakers and politicians are in no doubt: they have done their part to support the currency union’s struggling members by increasing the size of its rescue fund, the European Stability Mechanism (ESM).
  • Eurozone policy-makers place a big bet
    Insight by Simon Tilford, 13 March 2012

    The ECB's decision to lend almost unlimited amounts of money to Europe's banks has bought the eurozone some time. But there is risk that time will be wasted.
  • The Baltic states and Ireland are not a model for Italy and Spain
    Insight by Simon Tilford, 27 January 2012

    Were Italy and Spain to emulate the Baltics states and Ireland, the implications for the European economy and the future of the euro would be devastating.