• Archiving the European Institute Website

    From the University of Maryland

             The University of Maryland’s Center for International Policy Exchanges (www.umdcipe.org) is happy to act as steward of the valuable materials published on The European Institute’s website, including those published through its online journal, European Affairs. These articles have illuminated important trans-Atlantic issues since 2000, providing a rich and valuable source of expert opinion and insight.

             All articles and blogs are well indexed and accessible to all here on the existing website of the European Institute (www.europeaninstitute.org). In the future, we plan to migrate these materials to a UMD site, operating as the European Institute at the University of Maryland.

             Please address any questions to Jason Scott (jmscot01@umd.edu).

    Sincerely,
    Douglas Besharov
    University of Maryland School of Public Policy

    From the European Institute

    Dear Friends,

             As you may already know, The European Institute has ceased operations. I am happy to inform you, however, that in the next few months, the rich work of The European Institute, captured on our website (www.europeaninstitute.org), will be archived and available to all on the website of the University of Maryland’s Center for International Policy Exchanges (www.umdcipe.org). Until then, the University will continue to maintain the existing URL and website.

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European Affairs

The Journal of the European Institute

As Europe’s Recovery Accelerates, ECB Ratchets down Stimulus - No “Taper Tantrum” after Widely Expected “Lower for Longer” Announcement

Spellman 1Europe’s central bank announced last week it will taper its unprecedented stimulus by reducing purchases of debt (“lower for longer”) and holding interest rates steady, tactics calibrated to support Europe’s accelerating recovery, curtail the euro’s recent appreciation, and stoke inflation’s embers.

The Frankfurt-based institution will cut its monthly purchases of government and corporate bonds by half starting in January to $35 billion (€30 billion) and continue that pace until at least through September next year. Nearly three years ago, the bank began buying assets, including public and private bonds, to stabilize the euro, hold interest rates low, and pump more money into the economy. These “quantitative easing” measures augmented the negative interest rates the bank had set.[1]

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OUR MUST READS

Has Populism Reached Its High Water Mark? Two interesting pieces, written in the wake of the first round of French presidential elections, warn not to count populism out.
The New York Times (4/26) suggests ”Western Populism May Be Entering an Awkward Adolescence”.
In Carnegie Europe, Judy Dempsey asks a group of foreign policy experts: “Is Populism on the Run?”.

Recommended by European Affairs.

Will the EU Fall? Three Scenarios, Four Explanations, by Frédéric Mérand,  Université de Montréal, published as a blog of the American Sociological  Association. A crisp and insightful summary of the EU crisis and where it could lead.  Recommended by European Affairs.

The flow towards Europe Interactive chart showing refugee flow into Europe, country by country, based on UN data. PUBLISHED 26.10.2015 | BY VILLE SAARINEN AND JUHO OJALA

Recommended by European affairs.


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