Macroeconomics & the euro

Europa en riesgo de deflación

19 November 2013
Realidad Economica (IADE)
A nadie le gusta que suban los precios, pero hoy los 17 países de la Eurozona temen lo contrario: la deflación. En octubre, la inflación interanual se redujo hasta el 0,7 por ciento, el nivel más bajo desde 2009, muy lejos de la meta del 2 por ciento que tiene el Banco Central Europeo.

Video interview on 'The future of Europe's economy: Disaster or deliverance?'

18 September 2013
Simon Tilford discusses the CER's latest report 'The future of Europe's economy: Disaster or deliverance?' by Paul De Grauwe, George Magnus, Thomas Mayer and Holger Schmieding.

UK has cut too deeply, but don't misread Greece's hardship

26 June 2013
Financial Times
From Mr Simon Tilford.Sir, The UK Treasury may well be guilty of many of the failings Philip Stephens attributes to it (“The best spending cut of all? Shut down the Treasury”, June 24).

Commentary on Irene Finel-Honigman's article: And the key question is whether a stronger eurozone will split the EU apart

Philip Whyte
20 June 2013
Europe's world
The friction between what Irene Finel-Honigman calls "economic rationale" and "political will" has been the driving force behind European integration. But now the eurozone crisis has transformed the nature of this interaction; its underlying spirit is no longer positive and optimistic – "how can we bring Europe closer together?"...

Video interview on 'How the EU's legitimacy has suffered since the euro crisis'

12 June 2013
Charles Grant discusses how the euro crisis has hit the EU's legitimacy.

Britain could reshape Europe if it would only try

14 May 2013
Financial Times
Is there any point in Britain staying in the EU if it is outside the euro? No, according to increasing numbers of  British eurosceptics  and European federalists.

Britain should abandon hope of a revival in EU demand

04 February 2013
The Guardian
The British government's attempt to rebalance the UK economy has failed. In 2012, the deficit on the country's current account (the broadest measure of foreign trade) was larger than in any year since 1990.

Middle class amid industrialized economies

11 November 2012
The Voice of Russia
Interview with Simon Tilford – chief economist at the London-based Centre for European Reform about middle class in industrialized or developed economiesI think over quite a long period of time the middle class in industrialized or developed economies has been I think squeezed. What we’ve seen over

London to Germany: Now save the euro

Katinka Barysch
31 October 2012
The Globalist
Plenty of policy makers and analysts in the United States and the United Kingdom think Germany is destroying the euro. The Germans think they are saving it. Clearly, they both can't be right.

Evidence to the Select Committee on EU economic and financial affairs - Reform of the EU banking sector

Philip Whyte, Mats Persson
23 October 2012
House of Lords
Unrevised transcript of evidence evidence given to the House of Lords European Union Sub-Committee on Economic and Financial Affairs, with Philip Whyte, senior research fellow, CER.

Europe needs service-market liberalisation

20 September 2012
The Wall Street Journal
In exchange for sharing southern Europe's debt burden, Germany is demanding liberal economic reforms in those countries. Yet Germany is not following its own advice.

Peut-on croire Draghi?

05 September 2012
Les Echos
LE CERCLE. Mario Draghi, le président de la Banque Centrale Européenne, a affirmé à plusieurs reprises que la BCE ferait tout ce qui est nécessaire pour sauver l'euro.

Can Draghi be believed?

03 September 2012
Project Syndicate
LONDON – Mario Draghi, the president of the European Central Bank, has repeatedly claimed that the ECB will do everything necessary to save the euro.

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.

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

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...

O efeito dominó que ameaça a Espanha e a zona do euro

19 June 2012
Carta Maior
Em entrevista à Carta Maior, Simon Tilford, economista chefe do Centre for European Reform, defende a necessidade de uma massiva injeção fiscal na eurozona, sem a qual a Espanha terá que pedir um resgate este ano.

Germans, the euro and the painful truth

12 June 2012
International Herald Tribune
Will the Germans save the euro? Many people within the European Union and further afield are urging Berlin to take bold steps to secure the currency’s future. They have become frustrated by the Germans' apparent inaction. 
But the view of German policy makers — conveyed to me on a recent visit...

Ousting Greece will not bring catharsis

06 June 2012
The International Herald Tribune
How the eurozone handles Greece will determine whether the single currency survives - and hence the future of the European Union as a whole.

Greece and the eurozone: Managing the crisis

29 May 2012
Open democracy
How the eurozone handles Greece will determine whether or not the single currency survives - and hence the future of the European Union as a whole.

Ihr selbstgerechten Deutschen!

30 April 2012
Die Zeit
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. Die...