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The Mediterranean Migration Crisis Part One: The Picture and the Thousand Words
If there is a word for the week of April 13th 2015, that word is tragedy. Not just a tragedy for the more than one thousand migrants and asylum seekers that drowned in search of a better life in Europe, not just a tragedy for their families, but a tragedy […]
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European Austerity Measures: a PIIGS-Eye View
In the beginning, the EU’s main reactions to the economic and financial crises were aimed at salvaging European prosperity from the effects of the American financial crisis [1]. However as time passed and the crises deepened, the EU’s response to the economic problems of its Member States was to slid […]
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Austerity for growth? Greater European integration could be the emergency exit…..
Austerity has never been mentioned in the Italian debate until now, unlike asperity, a lighter word that also implies future perspectives of growth. The promise of a path of asperity leading to economic growth has been the ‘mantra’ of Mario Monti’s government, and Enrico Letta, the current prime minister has […]
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Political Foes, Buddies in Trade
Macedonia and Greece are neighbors and political foes. They have politically “disliked” each other (to put it mildly) since 1991 when Macedonia became independent. Tension between these two countries peaked back in 1994 when Macedonia was subject to a trade embargo from Greece. At the same time, from 1992 to […]
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Greece’s Withdrawal from the Eurozone Could Cause Global Economic Crisis
Bertelsmann Foundation warns of extensive domino effects Greece’s exit from the Euro bears the risk of kindling a wildfire throughout Europe and possibly even on an international level and may result in a worldwide economic crisis. Countries affected would include not only Southern European nations or EU members, but also […]