Europe

Thursday, July 29, 2010

How to stop anti-crisis policies from becoming protectionist

The EU also needs policies that will promote standardisation, normalisation and innovation, and member governments must learn to avoid micro-managing and instead work as part of a horizontal EU-wide approach.

“Industrial policy” has long been a euphemism in most parts of Europe for economic nationalism, and the problem is getting worse. Elie Cohen looks at the policy aftermath of the financial crisis and sets out a framework for EU-level industrial policymaking.

Wednesday, July 21, 2010

The future of Europe: Staring into the abyss

The single currency was always supposed to drive structural reforms, as once-profligate countries were forced by the rules, and their peers, to live within their means. Instead, France and Germany led a rebellion against the disciplines of the “stability and growth pact” on the first occasion it looked about to catch them.

Will the European Union make it? The question would have sounded outlandish not long ago. Now even the project’s greatest cheerleaders talk of a continent facing a 'Bermuda triangle' of debt, demographic decline and lower growth.

Tuesday, June 22, 2010

Why the EU newcomers still don′t make the best of membership

 In the early years after democracy was restored, the countries of central and eastern Europe found themselves exposed to the stern regulatory environment of the EU’s internal market without any chance to influence the way it was shaped or implemented.

Many of the EU’s newest member states are no longer the euro-enthusiasts of yesteryear, and they also complain they have less influence on policymaking than they had hoped. Pavel Telicka assesses the newcomers' track record so far.

Friday, June 18, 2010

Europe 2020 finalised

The leaders believe that the necessary reforms of the regulation of financial services must be completed urgently. "Our priority is to have a solid and healthy banking system," said Herman Van Rompuy, President of the European Council.

European leaders meeting in Brussels on 17 June adopted Europe 2020, a new 10-year strategy for jobs and growth which will promote the delivery of structural reforms.

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