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Beyond the Myths: The EU Response to the Economic Crisis Print Email
Roundtables
11/30/12

On November 30, 2012, The European Institute held a special discussion with The Honorable Danuta Hübner, Member of the EPP Group in the European Parliament, Chair of the Parliament’s Committee on Regional Development and former European Commissioner for Regional Policy. Mrs. Hübner discussed the myths of the European economic crisis and detailed what government institutions, particularly the European Parliament, are doing to resolve the crisis.

 
A Portuguese Perspective on Europe Print Email
Roundtables
06/06/12

On June 6, The European Institute, in partnership with the Embassy of Portugal, welcomed The Honorable Paulo Portas, Portuguese Minister of Foreign Affairs, to a breakfast discussion on Portugal’s perspective of the political and economic climate in Europe.  Speaking just days after the receiving the fourth positive evaluation of Portugal’s economic recovery program from the EU, the ECB and the IMF joint mission, Minister Portas detailed strategies for further improving his nation’s economic health and strengthening the European Union.

 
IN THE LONG RUN, WILL EUROPE BE GRATEFUL TO GREECE? Print Email
EA May 2012
By J. Paul Horne, Independent Market Economist   

JPaulHorne3nov11bxEurope must be grateful to Greece for dramatizing: how the Euro is fundamentally flawed; how the Euro’s failure could cause a financial-economic disaster; and how European Union (EU) leaders must, despite all their differences and electoral setbacks, cooperate to avoid a Greek tragedy.

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THE FRANÇOIS HOLLANDE FACTOR: REACTIONS TO FRANCE’S NEW PRESIDENT (May 14) Print Email
April 2012

By Federico Santi, editorial assistant at European Affairs

Reactions to the victory of François Hollande, the first socialist to hold the French presidency since 1985, have dominated the news for days as leaders and observers around the world assess the impact that his victory, along with the tumultuous election in Greece, will have on the way Europe will deal with the current economic crisis and the swirling debate on austerity versus stimulus for growth.

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EU AUSTERITY AND REFORM: A COUNTRY BY COUNTRY TABLE (Updated May 3) Print Email
April 2012
By Zachary Laven and Federico Santi

In response to the sovereign debt crisis in Europe the Fiscal Compact was signed in March by every EU member state except the Czech Republic and the United Kingdom. The fate of this Compact has been made uncertain by the elections in France and Greece, which are seen as a popular rejection of its terms and effects. Inspired by Germany and other proponents of fiscal discipline in Europe, the pact aims to prevent excessive deficits requiring bailouts like the ones needed by Greece, Portugal, Ireland, and Hungary. It requires national budgets to be in balance or in surplus, the EU’s new “golden rule.” The treaty will enter into effect on January 1, 2013, if by then twelve out of the 17 members of the Eurozone will have ratified it.

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