Tag: Austerity

Trade & Economy

Q&A: Thomas Piketty responds to surprise Greek election result

In the wake of a surprise re-election of Alexis Tsipras and Syriza, Thomas Piketty, Professor at Paris School of Economics and at EHESS, discusses the need for a more active approach from European leaders when it comes to the Greek question – and for a eurozone parliament to be established.+++Thomas Piketty will speak at the UCL European Institute on 14 December 2015+++ The Tsipras victory has come as a … Continue reading Q&A: Thomas Piketty responds to surprise Greek election result

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Brexit, Politics & Governance

Five minutes with Catherine de Vries: “The left is now split over whether they simply oppose the EU’s policies or oppose what the EU stands for overall”

How has opposition to the European Union changed in light of the Greek debt crisis, the UK’s planned referendum on EU membership, and the migration crisis in the Mediterranean? In an interview with LSE EUROPP’s editor Stuart Brown, Catherine de Vries discusses the impact the UK’s referendum might have on the continent, the nature of left-wing Euroscepticism, and why immigration remains the most important issue … Continue reading Five minutes with Catherine de Vries: “The left is now split over whether they simply oppose the EU’s policies or oppose what the EU stands for overall”

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Trade & Economy

Catch-22: Give democracy a chance and keep Greece in the Euro

Ulrike Liebert, Professor in European Studies, looks at the tensions that are arising between the need for effective economic governance in the Eurozone and the need for democratic accountability, both of member states and the EU as a whole, particularly in the context of the outcome of the Greek referendum. Eurozone leaders sometimes seem to forget that that they are governing an economic and monetary union … Continue reading Catch-22: Give democracy a chance and keep Greece in the Euro

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Law & Constitutions

Greece, the EU, and the Democratic Conundrum

In this post, Nicola Countouris, Reader at the UCL Faculty of Laws, analyses the reasons why the Greeks may have rejected the creditor institutions’ economic and reform proposals. Arguing that frustration is not the only explanation for Tsipras’  win at the ballot box, and recognising the daunting challenge that lie ahead of the 19 Eurozone democracies, he argues that Europe’s constitutional envelope can be spacious … Continue reading Greece, the EU, and the Democratic Conundrum

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Trade & Economy

In bad faith

Ashoka Mody, Visiting Professor at Princeton University and former Deputy Director in the IMF’s Research and European Departments, critiques the IMF report published on 2 July, on the eve of Greece’s referendum. This report found that Greek debt was not sustainable and deep debt relief along with substantial new financing was needed to stabilize Greece. This report, according to Mody, reveals that the creditors negotiated … Continue reading In bad faith

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