eurozone

Global Spectator, by Andrés Ortega Sixty years on, the EU drifts aimlessly and soullessly

On 25 March, after a prior meeting this weekend of the European Council devoted essentially to economic growth and employment, the 27 members (the UK, on the verge of triggering the Brexit process, will not attend) are set to hold a special summit in the Italian capital to commemorate [...]

The euro: an orphan who no longer needs his parents?

When my colleague Erik Jones told me that Martin Sandbu’s Europe’s Orphan: the Future of the Euro and the Politics of Debt was the best book on the Eurozone crisis, I was sceptical. Usually the analysis that comes from the Anglo-Saxon world does not grasp the complex sociology and [...]

Global Spectator, by Andrés Ortega Cameron and Europe: much ado about a few things

David Cameron will have to summon all his capacity for patience, as will his colleagues in the EU too. Feelings running high in the fight against the terrorism of the Islamic State (IS) and in the refugee crisis, together with Cameron’s own tardiness in submitting his proposals will make [...]

Draghi’s morphine has stalled the Eurozone’s reform efforts

More than three years after the EU leaders agreed to establish a banking union for the Eurozone, and Mario Draghi announced that he was ready to do “whatever it takes” to save the euro it is time to take stock of what has been achieved so far in making [...]

Few lights in the darkness: The Future of the Euro by Matthijs and Blyth

This an extraordinary book on the Euro and its future paths. It is an absolute must-read because it brings together some of the top scholars in the field who, as a team led by Matthias Matthijs and Mark Blyth, achieve something unusual in the literature: to analyse the multifaceted [...]

The Odd Anatomy of the Euro

I have spent more than ten years studying the evolution of the European Monetary Union (yes, even my Master dissertation at the University of Manchester written in 2004 was on the single currency). During all this time I have had many moments where I was lost in my thoughts, [...]

Global Spectator, by Andrés Ortega Global Germany at 25

25 years after the fall of the Berlin Wall, and 24 after unification, the German government has declared its intention of gaining a more active role in the world for Germany. To be more precise: those who have such an ambition are the Ministers of Foreign Affairs (Frank-Walter Steinmeier, [...]

The “Bleu Marine” failure

The recent elections to the European Parliament have left even worse sensations for traditional parties than expected. Right-wing anti-EU parties have won in France, Britain and Denmark. Overall, Eurosceptic and Europhobe parties have gained over 20% of the seats in the Parliament and they now have political momentum. The [...]
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