Germany and the crisis of the periphery
Germany has played a major role in every discussion revolving around the current Greek budgetary crisis. Not only has the country been singled out as the biggest creditor, and more generally as Europe’s paymaster, but it has also come under severe criticism for enforcing an export driven economic policy that condemns its European partners to [...]
A story of a renewal gone terribly wrong
Note: Aron A. Nemeth wrote an interesting article on the developments in Hungary a month ago (Troubles with Viktor: Latest developments in Hungary). Writing from a different perspective (he is a native Hungarian), I do feel that there is a lot of reason to worry about the state of democracy in Hungary and after recent changes [...]
Europe agrees to boost EFSF – possible implications and problems
Last week brought a breakthrough in the EU’s fight against the lingering eurozone crisis that threatens to bring down the project of the common currency and, as some fear, the whole EU with it. The announcement that European leaders have come to an agreement about boosting the European Financial Stability Facility’s (EFSF) coffers so its [...]

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