Europe’s post-crisis response has unambiguously failed. Continue reading
In recent weeks, Germany has put forward two proposals for the ‘future viability’ of the EMU that, if approved, would radically alter the nature of the currency union. For the worse. Continue reading
Can the EU really be democratised? And is ‘pan-Europeanism’ the best strategy to do so? A response to Varoufakis’ new programme.
The banking union, far from being a ‘policy success’, is be simply the latest step in the EU’s post-crisis creditor-led path of austerity and asymmetric adjustment. Continue reading
After eight months of quantitative easing, the eurozone is weaker than ever. Here’s why. Continue reading
Let’s not make the same mistake twice. Let’s not fool ourselves that change will come from above, if only we state our case in a sufficiently convincing manner. Continue reading
The plans for fiscal union currently on the table will subject the EMU to an even tighter deflationary, contractionary and mercantilist straitjacket. The alternative is to fully renationalise fiscal policy. Continue reading