Ideas on Europe

Informed analysis, comment and debate

Category Archives: Economics & Trade

Breturn versus Brexit

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Brexit is based on blatant mistruths and lies. You may not believe this now, but we will all believe it next year, when Brexit finally arrives, cold, clammy and callous, naked and exposed. Every reason given to leave was a stinking falsification. When, one day, there is a public inquiry into how our country was […]

Which version of Brexit did Britain vote for?

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The referendum question was unbalanced because it pitched a known outcome with an entirely unknown outcome. The referendum question asked if the United Kingdom should remain a member of the European Union or leave the European Union? ▪ REMAIN A MEMBER OF THE EUROPEAN UNION □ ▪ LEAVE THE EUROPEAN UNION □ We all knew what remaining […]

Taking central bank politicization seriously

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By Pier Domenico Tortola The European Central Bank “needs a rocket scientist, not a rock star”, quipped the website Politico shortly after the nomination of Christine Lagarde to succeed Mario Draghi at the helm of the ECB, starting November 2019. The risk, the commentary continued, is that the presidency of Lagarde, a central banking outsider […]

What can Italy’s economic ailments tell us about the euro area’s current slowdown?

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Even before the Covid-19 pandemic, the euro area slowdown was the result of EMU-induced domestic deflation. EU3D researcher Simona Piattoni offers a different reading of Italy’s disappointing economic performance.  Since 2011, Italy has been considered the single largest threat to the stability of the euro. Italy’s high and growing debt (€2300 bn, some 135% of […]

Do we want to be a part of Europe or apart?

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Because of Brexit, Britain is rapidly propelling away from Europe, involving the loss of free trade, and free movement of people, with our neighbouring countries. Is that really what Britain wants? The UK government seems determined to close all possibilities of a successful new relationship with our closest countries on our continent. Instead, we’re moving away from […]

Can the European Parliament make the European Central Bank accountable?

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Since the euro crisis, the European Central Bank (ECB) has expanded its powers from monetary policy to banking supervision in the Eurozone. In the framework of the Single Supervisory Mechanism (SSM), established in 2013, the ECB became responsible for the direct supervision of the largest banks of Eurozone countries.

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An insult to all EU citizens in Britain

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In a celebratory Tweet, Home Secretary Priti Patel has announced the end of ‘free movement’. She wrote: ‘We’re ending free movement to open Britain up to the world. It will ensure people can come to our country based on what they have to offer, not where they come from.’ Her Tweet is an insult to […]

Britain cut-off from the mainland

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‘Visit Europe from 1 January 2021’ is the title of the UK government website which ironically tells you how much more difficult visiting ‘Europe’ will be from next year. Yes, we’re getting our country back (really?) but instead, we’re losing our continent, or at least, easy access to it. Among some of the key points for […]

Brexit crash on top of a pandemic crash. You really want that?

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A no-deal Brexit now looks almost certain, with the latest round of talks between the UK and the EU ending in stalemate, and the negotiations by all accounts turning acrimonious. It’s almost as if the British government wants a no-deal, even though the non-binding ‘political statement’ of the Withdrawal Agreement, approved by the UK Parliament, […]

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