The Greece crises reveals the structural shortcomings within the EU and the Eurozone. Will the crises eventually result in a United States of Europe?
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The deterioration of growth prospects is at the core of the financial crisis in Europe. Can Europe successfully form a banking and monetary union? Gateway House interviews Nicolas Véron, a French economist, to discuss the repercussions of the financial crisis in Europe and the potential for Indo-EU cooperation.
Since 2005, the welfare of the Euro has had a direct impact on the Chinese economy. China, after 2007-08, has aggressively invested in new markets. How will this move prepare China to withstand the outcomes of the Eurozone crisis?
At a time when some governments are pushing for a more integrated European Union, the British are becoming more euro-skeptic. This contradiction increases the likelihood of Britain eventually leaving the EU – an outcome that, if current trends continue, is thoroughly plausible.
Whether it’s the planned European treaty, the Standard & Poor downgrade of nine Eurozone states or reprimands issued to Hungary, recent events in the EU have highlighted how powerful countries are now imposing their law on their smaller neighbours. Polish columnist Jacek Żkowski aims to set the record straight.
Germany is without a doubt the deciding voice in European economics right now, but that voice is being met on all sides with calls to save the Euro.
Interbank lending in Europe is locking up. Europe is looking at another recession, and unless Germany agrees to a mobilisation of the European Central Bank, the Eurozone will spin out of control.
Europe's GDP is much like that of the United States. Speculation over the euro however is justified -Europe's economy lacks centralisation, a joint fiscal backstop to it's banking sector, regulation on state-bank interactions and countries lack control over their currency.
The World Bank suggests to China to ease monetary policy in order to handle it's local debts and the risks it faces in the Euro zone's sovereign debt crisis.
The Western discourse is being badly distorted by ideologues and wishful thinkers — boring, cruel romantics — pretending to be technocrats. It’s time to puncture their pretensions.