FEPS Fresh Thinking

Archives for Greece

The debate on Greece and how a solution can be found is causing more and more problems. The public opinion in Northern Europe is influenced by the “pacta sunt servanda” approach, meaning Greece has to fulfil all commitments so far signed. In Southern Europe – especially in Portugal, but also in Spain – it is… » read more

Posted by Ernst Stetter

It seems that there is now consensus that it will be nearly impossible to lead the EU out of the crisis without any further growth stimulating measures. It also seems that the Spanish government’s acceptance of an initiative to ask the European Union to launch the rescue mechanism in order to address the needs of… » read more

Posted by Ernst Stetter

The election of François Hollande in France and the outcome of the Greek elections are evident examples of the growing anti-austerity reaction in Europe. And France and Greece are not the only examples. The Dutch Government had to resign recently after the populist right-wing party removed its support to a proposed austerity package, which included… » read more

Posted by Ernst Stetter

Newspapers all over Europe, political observers and politicians are gloomy of late. For example Le Monde’s headline tells us that Greece has another 10 days to avoid the worst. The Financial Times published in a post by Gideon Rachman that a political union cannot fix the Euro! Frankfurter Allgemeine Zeitung argues that the German taxpayer… » read more

Posted by Ernst Stetter