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Monthly Archives: September 2011

Strict Rules may be the Long Term Solution, but Understanding is Needed Now

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In the Financial Times of 7th September was an article co-authored by Mark Rutte and Jan Kees de Jager, respectively Prime Minister and Finance Minister of the Netherlands. The article begins by pointing out that it is not only necessary to find a solution to the current crisis in the Eurozone, but also to think […]

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The Gap Between Economics and Politics

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Solutions to the Eurozone debt crisis must take into account both economic necessity and political acceptability. Unfortunately, there is often a gap between those two features, where economic necessity is politically unpopular and politically acceptable policies are unwise economically. This is certainly the case with the Eurozone crisis, in which it seems that the gap […]

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Mixed Signals from Karlsruhe, Clear Sign from Switzerland

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Two events this week could impact upon the EU debt crisis in significant ways. The first is the ruling by the German Federal Constitutional Court in Karlsruhe that aid provided by Germany to indebted Eurozone states was in fact constitutional. The decision was in response to various legal complaints that had been filed against Germany’s […]

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