Single market, competition & trade

Has the euro been a failure?

11 January 2016
The euro has not been a positive economic and political force. But keeping the single currency together could still be less risky than dismantling it.
25 years on: How the euro's architects erred thumbnail

25 years on: How the euro's architects erred

05 November 2015
The original plans for the euro – conceived 25 years ago – suffered from five major flaws. Only some of these flaws have been fixed.
Gain or more pain in Spain?

Gain or more pain in Spain?

19 October 2015
Spain is no poster child for austerity and structural reforms. The recovery is less than it appears and the country faces some formidable challenges.
Beware of cheap oil!

Beware of cheap oil!

Rem Korteweg
07 October 2015
Europe’s economies welcome the collapse of oil prices. But serious foreign policy problems await if oil remains cheap.
Will the eurozone reap what it has sown?

Will the eurozone reap what it has sown?

24 September 2015
The slowdown in emerging markets leaves the eurozone even more reliant on exports to the US and UK to compensate for its feeble domestic economy.
Lighten the load

Lighten the load

26 August 2015
Greece’s debt burden needs to be reduced, but maturity extensions on existing loans are not enough for Greece to return to the markets.
How to keep Greece in

How to keep Greece in

27 July 2015
Unless the eurozone invests economically and politically in the future of Greece, the country's future in the single currency remains in doubt.
Could eurozone integration damage the single market?

Could eurozone integration damage the single market?

27 July 2015
Britain fears that the eurozone could caucus and impose rules on the EU single market. So David Cameron is asking for safeguards to protect the market.
Offline? How Europe can catch up with US technology

Offline? How Europe can catch up with US technology

26 July 2015
The EU should not fret about the power of US internet giants. The take-up of digital technology across the services sector is more important than a 'European Google'.
The Greek bailout deal resolves nothing

The Greek bailout deal resolves nothing

13 July 2015
Even if the new bailout makes it through the Greek parliament in coming weeks, the programme's economic incoherence will make it fall apart.
Legal options

Thomas Cromwell or the executioner's axe? Options for a Grexit

Agata Gostyńska-Jakubowska, Camino Mortera-Martinez
10 July 2015
EU lawyers are working to find a creative way to accommodate a Grexit if it becomes inevitable. None of the options are legally watertight or desirable.
EU summit

The four horsemen circling the European Council summit

Rem Korteweg
24 June 2015
Grexit, the Mediterranean crisis, Russia's aggression and the British question will continue to sow discord in Europe. Unless leaders can think European, not national.
5 presidents' report

The eurozone's 'five presidents' report': An assessment

22 June 2015
The long-awaited report rightly aims to complete a financial union in the eurozone, but over-emphasises structural reforms and underplays the need for stronger counter-cyclical policies.
Grexit

Greece: After a deal, work on a solution

11 June 2015
A deal between Greece and its creditors is still likely but what the country really needs is a Greece-led, cross-party plan to transform its institutions. 
How will the eurozone cope with the next downturn?

How will the eurozone cope with the next downturn?

27 May 2015
Eurozone policy-makers will have little ammunition to combat the next downturn: interest rates will still be close to zero, public debt and unemployment high.
Do the UK's European ties damage its prosperity?

Do the UK's European ties damage its prosperity?

Philip Whyte
30 April 2015
Eurosceptic claims that EU regulation and the protectionism of other member-states are holding back Britain's economy – and that withdrawal would be a liberation – are nonsense.
Vorsprung durch Grexit?

Vorsprung durch Grexit?

17 April 2015
German officials are sanguine about the consequences of Grexit, and view it as increasingly likely. Merkel would be well-advised to prevent it from happening.