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Should China bail out Europe?

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Many economists, pundits and policymakers in Europe think that China is in an ideal position to rescue the Eurozone from its debt problems. The main argument goes more or less like this: China has $3.2 trillion foreign reserves, of which two thirds are in US dollars and only one quarter is in euros. It would […]

The New Euroscepticism

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UACES member, Simon Usherwood recently presented a UACES Arena seminar at Edelman | The Centre in Brussels to an audience of over 50 representatives from European institutions, think tanks and pressure groups. An article arising from the seminar has since been published by E!Sharp.  

The Euro Marriage

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The creation of the euro is an epoch-making event. For the first time in history independent nation-states have decided to merge their monetary sovereignties in a single currency. From the start, however, the project has been based on a marriage between France and Germany.

EU-Israel relations: Everything is economic

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The EU should focus more on its relations with the private sector in Israel, and forget to a certain extent the politics, in order to strengthen its position as an influential external actor – argues  Shelly Gottfried.* The EU’s economic strength and active involvement in national and regional processes is a well-known fact; however, it […]

Designing the Euro: An institutional hole?

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“If Member States run sound public finances, as a rule, they will never find themselves in a position where they have to correct an excessive deficit,” underlined Joaquín Almunia, Commissioner for economic and financial affairs, presenting the 2007 ‘Public Finances in EMU’ report in June. “And that is why the preventive arm of the Stability […]

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