Press

Europe's banking chief wields new power in crisis

Philip Whyte
02 July 2012
The New York Times
"Mario Draghi is going to be damned if he does and damned if he doesn't. Damned if he does because he'll be seen in Germany as caving in to irresponsible and profligate countries in the periphery," said Philip Whyte, a senior research fellow at the CER in London.

What now after 'seismic shift'?

01 July 2012
The Sunday Business Post
The prospect of an agreement to ease Ireland's debt burden has been boosted by the EU bank deal, but a lot of things still have to go right, writes Hugo Brady of the Centre for European Reform.

What now, frau Merkel?

Simon Tilford
01 July 2012
The New York Times
The result for Simon Tilford, chief economist at the CER, looks like this: "Germany is much more vulnerable than German policymakers appear to believe. Germany's strength is exaggerated and its weaknesses downplayed."

EU summit opens amid signs of a standoff

29 June 2012
International Herald Tribune
"The current disconnect between Paris and Berlin is destabilising the euro," Charles Grant, the director of the CER, wrote this week. "In the long run the euro is not sustainable without a grand bargain between France and Germany."

Irland zeigt wie es geht

Simon Tilford
29 June 2012
Die Zeit
Simon Tilford, ein Ökonom der für den Londoner think-tank Centre for European Reform arbeitet, beschreibt die Dynamik, die beide Länder in den Abgrund trieb als "eine Art des kollektiven Wahnsinns".

Why Washington and Moscow want a backroom deal over Syria

28 June 2012
The Guardian
Edward Burke of the CER said "Moscow knows the writing is on the wall for the Assad regime and that its slow demise will likely precipitate an increasingly deadly civil war that will damage Russian interests ...An attempt by Russia to negotiate a political transition should be welcomed. Moscow has made it clear that it future relations are not tied to the power status quo in Damascus."

Alemania entre la espada y la pared para salvar el euro

Simon Tilford
28 June 2012
BBC Mundo
"La Eurozona está acercándose al momento de todo o nada. O se estimula el crecimiento y se mutualiza la deuda para proteger a los bancos o la situación se deteriorará aún más muy rápidamente", señaló a BBC Mundo Simon Tilford, del think tank con sede en Londres Centre for European Reform (CER).

EU summit: Live blog

28 June 2012
Financial Times
Charles Grant, the director for the CER has blogged ahead of the summit, a good primer for anyone wondering what's at stake. "Like many other EU summits over the past two years, the European Council meeting in Brussels on June 28th and 29th has been billed as a 'last chance' to save the euro.

Europe's divided leaders grope for summit breakthrough

28 June 2012
The Guardian
"Unless France and Germany can soon agree on a grand bargain, disaster may loom," said Charles Grant, director of the Centre for European Reform.

Britain outside the EU: Switzerland with nukes?

27 June 2012
Reuters
"We are sliding towards the exit without any strategising about what comes afterwards," said Charles Grant, of the CER. "Osborne and Cameron actually want to stay in the EU so I don't think they have a sort of plan B. There is no strategy and the sceptics can't agree on what to do."

NATO condemns Syria over downed Turkish plane

Clara Marina O'Donnell
26 June 2012
Reuters
"There is very little appetite from the alliance to undertake what we call a discretionary war," said Clara Marina O'Donnell, a research fellow at the CER.

Smart reads June 26, 2012

Simon Tilford
26 June 2012
Financial Times
These were the pieces that got our tongues wagging today: ... Simon Tilford, writing for the Centre for European Reform, on what Germany stands to lose in the eurozone crisis.

Cameron's next European 'faux-pas'

26 June 2012
E!Sharp
Britain is now mulling an important decision which, despite being fiddly and legalistic, has profound implications for its own security and for Europe.

Critical week ahead for debt crisis

Simon Tilford
25 June 2012
NZ Herald
"With the German economy slowing rapidly and investors starting to question the safety of German debt, it is possible the country will change course. But at present it appears that Germany is not for turning," notes Simon Tilford, chief economist at the CER.

Britain - in or out?

25 June 2012
BBC Newsnight
Charles Grant speaks to Newnight about Britain's changing relationship with the EU

Turkey turns to NATO after Syria downs jet

Clara Marina O'Donnell
25 June 2012
Reuters
"Ankara itself has been averse to consider military action against Syria so far. So it is likely that the invocation of Article 4 is designed to put more diplomatic pressure on Assad," said Clara Marina O'Donnell at the CER.

Only a Franco-German bargain can save the euro

25 June 2012
The Guardian
Merkel and Hollande don't trust each other, but they must find a way of working together – and the markets may not wait long.

Hollande's pro-growth rhetoric won over France. But what about Merkel?

Simon Tilford
24 June 2012
The Guardian
As Simon Tilford notes in a report for the CER, Germany seems to have a sense of invulnerability amid the storms around it. "For many Germans, including many senior policymakers, the crisis seems to be someone else's problem," Tilford writes.

'One blood and one destiny?' Yemen's relations with the Gulf Co-operation Council

Edward Burke
20 June 2012
London School of Economics & Political Science
For years Yemen has been the poor, neglected relation of the Gulf Cooperation Council (GCC). Long-promised aid commitments from the GCC have not materialized because of concerns over Yemeni absorption capacity.

Eurozone crisis: What steps should be taken to move forward?

Simon Tilford
20 June 2012
The Voice of Russia
Interview with Simon Tilford – chief economist at the Centre for European Reform coming to us all the way from London.
 
I think a more deeply integrated financial architecture is possibly a solution. One of the reasons why the crises ran out of control in the eurozone is that bank in...