Europe
Czech Republic joins currency debasement race
Markets flooded with koruna as the Czech central bank pursues ambitious inflationary target. When faced with the issue of no-growth, sometimes even deflation, what do you do as a responsible
Deflation risk is the next policy challenge for the ECB
With the latest inflation data of the euro area, fighting the risk of deflation is a new policy challenge for the ECB. While the interest rate cut has been a
Turkey’s EU membership inches forward
After a three and a half year hiatus, negotiations with Turkey on its accession into the European Union will reopen. Negotiations with Turkey were supposed to occur in June of
What explains Cameron’s embrace of Islamic finance?
Over the past few months, Britain’s Conservative Party has shifted its position on immigration to retain supporters, who seem inclined to side with the far-right UKIP. Now, in a gesture that seems
France’s economic malaise spurs regional doubts
France’s dour political and economic climate puts European economic progress in doubt. Highest unemployment in 16 years and the worst Presidential polling approval in French history contribute to a worrying outlook
Op-Ed: Now is the time to address the EU’s structural problems
Southern Europe is now the target of easy criticism of its work ethic. But the region’s problems are not necessarily a consequence of bad economic management, but of wider structural
UK is reviving nuclear energy in Europe with higher costs
The British government recently made a deal with French-owned EDF, Arriva and Chinese investors to continue with the development of the Hinkley Point C nuclear plant in Somerset. This represents
EU’s economic problems prevent a comprehensive immigration policy
Capsizing boats full of asylum-seekers off the coasts of Italy and Malta have made headlines in Europe. Despite the loss of lives, the EU has not come up with a
UK’s High Speed Rail 2 unlikely to boost growth by itself
It has not been a good month for High Speed Rail 2 (HS-2). The proposed upgrade to transport infrastructure that would connect London to Birmingham with a high-speed line running