Economics & Trade

The creation of the euro is an epoch-making event. For the first time in history independent nation-states have decided to merge their monetary sovereignties in a single currency. From the start, however, the project has been based on a marriage between France and Germany.

The EU should focus more on its relations with the private sector in Israel, and forget to a certain extent the politics, in order to strengthen its position as an influential external actor – argues  Shelly Gottfried.* The EU’s economic strength and active involvement in national and regional processes is a well-known fact; however, it […]

Ben Rosamond (Copenhaguen University) and Miguel Otero-Iglesias (Oxford Brookes University) discuss the current and future importance of non-mainstream IPE approaches in understanding the European Union and its role in the new world order after the Global Financial Crisis.

A short analysis of US and European antitrust policy in the aftermath of the crisis. The genesis of the current crisis may be explained through the argument of a paradoxical lack of competition in the international market. This trend has been generated by a more general set of laissez faire policies, which have been applied […]

“If Member States run sound public finances, as a rule, they will never find themselves in a position where they have to correct an excessive deficit,” underlined Joaquín Almunia, Commissioner for economic and financial affairs, presenting the 2007 ‘Public Finances in EMU’ report in June. “And that is why the preventive arm of the Stability […]

By Sarah Fuchs German dominance over the European Central Bank (ECB) is nowhere more apparent than in the price stability goal of inflation at or below 2% enshrined in the Maastricht Treaty. A notable success in postwar Germany was the excellent record of the Bundesbank on maintaining price stability, which represented an important break with […]

I cannot help feeling that it is not only Angela Merkel, the Greek state, and Eurostat who have plenty of egg on their faces after the events of the last year. But also European Studies as a discipline with public responsibility has some hard questions to answer about why it has on the whole failed […]

By Claudia Hillebrand On Monday night, a contested transatlantic counter-terrorism agreement jumped another hurdle. In an extraordinary meeting in Strasbourg, the European Parliament’s Committee on Civil Liberties, Justice and Home Affairs (LIBE Committee) accepted a recommendation suggesting that the plenum of the European Parliament (EP) should approve the revised EU-US Agreement on SWIFT bank data […]