Romania is a relative newcomer to the European Union. A member of the EU since 2007, Romania is still often thought of as a country that is poor, corrupt, with dysfunctional public institutions and inefficient industry, a country that has yet to emerge from the shadows of its past. In reality, Romania is gradually conquering…Read More
Greece’s Syriza and the Question of the European Union’s Political Will: Is a Compromise Agreement Enough to Keep the EU From “Dis-integrating?”
With Greece again appearing to be edging towards the brink of a “Grexit,” financial markets are sensitive to daily headline news about EU negotiations, and what a potential default would mean now for Greece and EU integration policy.Read More
European Union 2015 and Greek elections: Would a Syriza win be good for EU integration?
Anticipation of Greek “snap” elections on January 25th has brought renewed global financial market turmoil as global observers assess the uncertainties around Greek election risk and evaluate the likelihood that the ECB, EU and Greek leadership can manage to avoid yet another EU integration policy crisis, or even the unlikely event of a Greek “exit.”Read More
European Union 2014: Another chapter in the “dis-integration” of the EU?
Many people see reasons for optimism in Europe this year, citing signs of an economic “recovery,” or noting improvement by some financial measures of EU “integration,” or hoping that the EU parliamentary elections this month will bring a new and constructive cycle of pro-EU policy that will overcome the evident obstacles to the process of further political EU integration.Read More
Cyprus: Another chapter in the dis-integration of the eurozone?
This article was published on May 2, 2013 in Fair Observer. With the great amount of debate, chatter, and serious analysis about the EU’s financial rescue of Cyprus from insolvency and potential departure from the euro zone, many wonder if the EU policy emerging from the Cypriot “bail out” will have a lasting impact on the…Read More
The Euro Debt Crisis: Will Germany Save the Eurozone?
As weary as we may be of hearing about it, the potential dis-integration of the euro zone continues to be the global economy’s biggest risk. As the crisis intensifies, German leadership is becoming incrementally more flexible on EU policy, increasing the likelihood of the euro zone surviving in some form or another.
The Euro Debt Crisis: Will Germany Save the Eurozone?(8/24/12)Read More
The dis-integration of the euro: Can a new political will save the euro zone?
As another EU summit approaches May 23rd, “economic growth” is on the agenda, a reflection of shifting political will. Investors wonder if new European Union policy will emerge and save the euro zone while the crisis intensifies and conditions in Spain deteriorate. Will shifting political will create new EU policy? The European Union has been…Read More
Eurozone 2012: Integrate or Dis-integrate
On January 1st, German Chancellor Merkel said she will do “everything” to save the Euro and bring an end to the on-going European debt crisis. Global investors, weary, skeptical, and worried, wonder if the eurozone will survive another year. The eurozone was flawed since its inception. The Euro was established by the provisions of the…Read More
Is it time for the EU to accept a Greek default?
While EU leadership struggles to agree on policy to keep the eurozone intact, investors wonder if uncertainty in the financial markets will soon push the eurozone beyond the brink of political manageability into a global financial market panic. Everyone knows that Greece is teetering on default. Earlier this month, IMF President Christine Lagarde said…Read More
How Will The Euro Debt Crisis End?
As EU leaders work to agree on a “comprehensive solution” to the eurozone’s debt problem, the question remains as to whether or not such a solution exists. It is a critical time for the eurozone and everyone knows it. The structural problems and imbalances of the eurozone are well understood. Most polls indicate that investors…Read More
Is The European Union “Dis-integrating”?
The history of the integration of the European Union has been a process driven by the political will of the member states. The question now is whether or not political will is enough to save the EU from fragmenting in face of the Eurozone’s economic problems. I was recently asked my opinion on the current…Read More