FEPS Fresh Thinking

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Call to Europe on Greece

Five long years after the beginning of the crisis, it is truer than ever that the cliché of an ancient tragedy can aptly describe the state of affairs regarding Greece and its place in the European family. Indeed, following the announcement by Greek prime minister Alexis Tsipras of his intention to call a referendum on… » read more

Posted by Ernst Stetter

A lot has been written in recent years since the crisis started about values and the European Social Model. Although funnily enough, most of these are the same values as they were over a century ago in the progressive movement and are still very relevant today. The European Union states six core values in its… » read more

Posted by Ernst Stetter

At the Brussels forum of the German Marshall Fund I chaired a debate on the role of Germany in Europe. 10 years ago the Schröder government undertook painful reforms in Germany – called Agenda 2010. The overall aim of the reform was to make the labour market more flexible or “fitter” for the globalisation. The… » read more

Posted by Ernst Stetter

The decision last night of the European Union to cap the bankers’ bonuses is a true step in the right direction to regulate the financial markets. Today’s harsh reaction of the City of London shows clearly how necessary this decision was and how outraged these so-called elite-bankers are. This strong opposition has also been supported… » read more

Posted by Ernst Stetter

by Ernst Stetter and Giovanni Cozzi Last week the EU and the US promised to complete talks on a new free trade agreement within the next two years. If this agreement goes ahead it will unite two trading partners that account for almost half of the world economic output and of 30% of world trade.… » read more

Posted by Ernst Stetter

Ernst Stetter and Giovanni Cozzi (Economic Advisor at FEPS) Europe needs to abandon its focus on austerity in order to overcome the recession and to build modern and effective economic governance! This call has now been embraced by several leading politicians across Europe. From President François Hollande, who campaigned against spending cuts and in favour… » read more

Posted by Ernst Stetter

Ernst Stetter and Giovanni Cozzi (Economic Adviser at FEPS) Youth unemployment has become one of the most crucial economic and social issues in Europe since the outburst of the ongoing financial and economic crisis. Several European countries are experiencing extremely high levels of youth unemployment. For instance, in 2011 countries like Spain, Greece, and Italy… » read more

Posted by Ernst Stetter

How long will Germans be made guilty in a Platonian cave haunted by shadows of the past? In the last couple of weeks all over Europe a sentiment of Germanophopia appeared and this even amongst political friends. Comments like “If the Euro fails, the EU will disintegrate. And you, our German friends, will miss the… » read more

Posted by Ernst Stetter

The current crisis almost brought us to a dead end – certainly more evident in the US and Europe than perhaps in the other continents. But nevertheless the situation is frightening. Europe seems to be crumbling; the sovereign debt crisis threatened the whole European project. In Spain, in Britain and elsewhere the youth no longer… » read more

Posted by Ernst Stetter