Tag: Greece

The UK’s Draft EU Settlement: View from Greece

Kostas Lavdas Following the publication of the UK’s draft EU settlement, Kostas Lavdas gives a perspective from Greece on the proposal and the future of the UK-EU relationship. Prime Minister at the European Council, Arron Hoare (Crown Copyright), CC-BY-NC-ND-2.0 The EU-UK deal appears to stand a reasonably good chance of doing the job – provided, …

Greece’s Fiscal Crisis: Some Distance Yet to Run

Dermot Hodson The risk of Grexit – Greek exit from the euro area – has diminished after a summer of dramatic political developments, writes Dermot Hodson, but it has not gone away. High debt levels, uncertainty over further debt relief and the outlook for growth and inflation, he argues, point to persistent contradictions over Greece’s …

Policy Styles in the EU: From Promiscuous Consensus Building to Dirigiste Imposition?

Jeremy Richardson While the EU is often perceived as an organisation which functions on the consensus of its Member States, the Greek situation has shown that it can also instruct a Member State more directly, writes Jeremy Richardson. He argues that this trend towards greater policy imposition by the EU will only increase going forward, …

Greece: A Constitutionalist’s Two (Euro)cents

Cormac Mac Amhlaigh Public debate on the economic and financial situation in Greece has intensified in recent weeks, writes Cormac Mac Amhlaigh. He remarks on the Eurozone’s difficulty in agreeing a third programme for Greece and he outlines potential reforms to the governance of the Eurozone to ensure the sustainability of the single currency. My …

Why Greece Matters for the UK’s Referendum

Angus Armstrong Monetary union can take many years to be sustainable and successful, and the euro is no different, writes Angus Armstrong. He argues that, should the Eurozone proceed with plans for greater political and fiscal union, the UK may encounter a stronger EU in its renegotiation than otherwise foreseen. EP President Martin Schulz and …

The Wayward Bicycle: European Integration and Investor Confidence

Charlotte Rommerskirchen Since the advent of Europe’s debt crises, European leaders have sought to reassure the markets by demonstrating that integration is continuing ahead, writes Charlotte Rommerskirchen. She argues that Greece’s exit from the Eurozone or Britain’s exit from the EU would challenge this stability and have negative consequences for the remaining members. Money from …