Godfrey Bloom – Europe of Freedom and Democracy Group
The concept of financial regulation across 27 countries most of whom have no experience of financial services is not just flawed but dangerous. The United Kingdom, yes the City of London, is the only world class centre for financial services in the European Union. This is [...]
Nikolaos Chountis – Confederal Group of the European United Left – Nordic Green Left
After the stock market and oil crisis in 1970s, the world economic system in general, and the financial system in particular, were based on three “pillars”: a) the collapse of the fixed exchange rates system, b) the internationalization and liberalization of [...]
In a strange move, the Portuguese President of the Republic recommended recently that all Portuguese nationals should spend their holidays in the country, instead of going abroad. The minister of the Economy did not like the idea, commenting that he wished that politicians abroad did not make similar statements because, if they did, and if [...]
When Prime Minister Zapatero announced a few weeks ago their plan to reduce the Spanish budget deficit, he said that the main problems of the Spanish economy are a 20% of unemployment rate and an 11.2% rate of public deficit. He was wrong again. Deficit and unemployment are not the problems but their consequences.
This financial [...]
A. The story of the economic crisis is daily unfolding before the eyes of a stunned audience. The show is new, the parts and casting have recently been distributed and the audience is still unclear whether the play is a tragedy, a soap opera, a Chekhov play or an opera buffa. What is certain is [...]
Being a citizen of a country that seems to be facing fire from all angles, I feel the duty if not to help, at least to take the time and read about what is going on in the Member State I live in. That is how I stumbled upon something that my basic understanding of [...]
Greece has attracted in recent weeks a great deal of rather unwanted and unsavoury attention due to its ailing state finances. The EU Council Meeting of 11 February fell short of announcing a bailout package; it stressed, however, European support for the Greek governments’ fiscal austerity programme and underlined that European authorities would support Greece’s [...]
‘Greek misery’, ‘Hellenic precipice’ or unwelcome comparisons with Dubai and Iceland, who both cannot repay their debts. Truly, the headlines about Greece since the start of the New Year could hardly be more telling. They are similar to a Greek tragedy. However, the final act has yet to be completed in Athens.
The macro and microeconomic [...]
In the framework of its European Seminars, the Hellenic Foundation for European and Foreign Policy (ELIAMEP) organized an international high-level conference entitled: “The Delphic Oracle on Europe: Politics and Policies“. In the course of the conference a group of around 40 leading academics, practitioners, think tankers and journalists analysed and evaluated the outcome of the [...]
A question that has arisen during the last months is whether and how irregular migration stocks and flows are affected by the current economic crisis. The current economic and financial crisis is probably yet to reach its highest peak, however a stagnation of economic activity and rising unemployment have been felt by several countries all [...]
