What Would Happen if the EU Broke Up? (Part 2)

November 24, 2012

The former Prime Minister of Ireland discusses the possibility of the UK leaving the EU, and the questions it raises about the political structure of the union. This is the final part. Click here to read part one. ............ And Meanwhile in the United Kingdom As if Europe did not have...

What Would Happen if the EU Broke Up? (Part 1)

November 23, 2012

The former Prime Minister of Ireland, John Bruton, disccusses the political and economic stresses that might lead to the break-up of the European Union, and its consequences for member states. This is the first of two parts. I have attended a number of conferences in the past few weeks where the...

A Plea for Grexit

August 13, 2012

Historical context suggests a Greek exit from the Euro would restore competitiveness faster and with less suffering than the current Troika plan of austerity and internal devaluation. Note: This article's co-author has asked to publish anonymously, and Fair Observer respects the author's right...

In Demand: Lessons For Europe From the Asian Financial Crisis

August 06, 2012

As Europe continues to seek a solution to its ongoing financial crisis, it could benefit from understanding Asia’s definitive 1997/98 economic crisis, in particular the successful initiatives by Malaysia to counter the crisis. The debate and proposals currently under discussion in Europe...

Euro Crisis: Ideas For Recovery

August 05, 2012

Though two years into the European Financial Crisis political progress has been made to rebuild the economies of European Union countries, economic instability remains prevalent across the continent, particularly in Greece and Spain.  Background Two years into the European Financial crisis,...

Could Eurobonds Help Solve the Euro Crisis?

July 30, 2012

Harvard's Jeffrey Frankel notes that despite all of Europe's problems, a Eurobond would be attractive to investors if it is backed up with solid economic and political fundamentals.  Any solution to the euro crisis must meet two objectives. One is short run and the other is long run....

Europe, A House Divided

July 05, 2012

Northern European strength is not infinite and neither is its patience, reflects Shashank Khare as Germany reacts to recent political developments The market has given two thumbs up to the European summit concluded last week. Those of a cheerful and optimistic nature have argued that this is the...

Exclusive Interview With German Minister of Economics

July 04, 2012

German Minister of Economics and Technology, Dr. Philipp Roesler, is confident in Germany’s ability to navigate troubled waters. Interview conducted by Christian Becker. Question 1: What is your personal vision for the German economy in 10, 20 and 50 years from now? Dr. Roesler: We are...

European Financial Crisis: Eye on Germany

July 03, 2012

As observers focus on the troubled economies of Spain and Greece, it’s important not to lose sight of Germany. Background Germany’s vision of tough austerity and greater fiscal integration prevailed for two years after Greece’s debt crisis erupted in early 2010. Its record of...

The Twilight of the Berlin Consensus

July 02, 2012

Europe's course is slowly changing in the wake of the EU summit, with Germany agreeing to stimulus instead of austerity. The politics of Eurozone crisis-management have reached an inflection point. The Berlin consensus that served as the guiding principle is giving way to a new center of...

Load More