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Grexit

European project and Ursula von der Leyen face an existential threat in Covid-19 Grexit

European project and Ursula von der Leyen face an existential threat in Covid-19

Ursula von der Leyen delivered a stark message to the EU’s commissioners on Thursday evening at their first in-person meeting for many weeks. She told her socially distanced colleagues that they had an opportunity to forge a viable reconstruction plan for a European economy ravaged by the coronavirus crisis. But…
bubmag
May 18, 2020
Why the most significant macroeconomic risk is not the upcoming recession, but the collapse of the Euro and the European Union Grexit

Why the most significant macroeconomic risk is not the upcoming recession, but the collapse of the Euro and the European Union

Ten years after the credit crisis, the European Union demonstrates that it has learned very little on how to unite and decisively take pan-EU measures to tackle crisis and support recovery. A series of long negotiations between the major economies of the South versus the North, with the European Central…
bubmag
April 27, 2020
Hexit? EU and Hungary Battle over European Corona Crisis Pandemic Grexit

Hexit? EU and Hungary Battle over European Corona Crisis Pandemic

Hungary looks more like the next potential Grexit or Brexit amid the coronavirus crisis. European leaders see existential threat to the Union from divided national responses to coronacrisis. Hungary’s PM seizes full dictatorial power on indefinite timeline due to coronavirus threat. Former European Commission chief Jacques Delors said on March…
bubmag
April 8, 2020
The economic, political and moral case for a European fiscal policy response to COVID-19 Grexit

The economic, political and moral case for a European fiscal policy response to COVID-19

The economic, political and moral case for a European fiscal policy response to COVID-19 There has been a lot of discussion in recent weeks on whether an EU-wide fiscal policy response to COVID-19 should include common liability for the additional debt that such a response would imply. This column lays…
bubmag
April 7, 2020
How Useful Are National Referenda to Alleviate Conflicts of Sovereignty in the EU? An enquiry about the Greek 2015 referendum on the bail out Grexit

How Useful Are National Referenda to Alleviate Conflicts of Sovereignty in the EU? An enquiry about the Greek 2015 referendum on the bail out

Τhe debate about sovereignty has increasingly stressed how popular sovereignty has been affected by EU integration.  A relatively recent scholarship promoting demoicracy has tried to reconcile Europe wide democracy with popular sovereignty. Demoicratic scholars claim that, to work in a way which places popular sovereignty at the heart of democracy,…
bubmag
April 6, 2020
French banks are solid and in no need of nationalisation – Villeroy Grexit

French banks are solid and in no need of nationalisation – Villeroy

The European Central Bank's Francois Villero has stated that the ECB is absolutely determined to fight fragmentation risk between eurozone countries.  "French banks can weather the current economic storm unleashed by the coronavirus outbreak and are in no need of nationalisation despite the recent collapse in their share prices", the…
bubmag
March 18, 2020