By Moritz Wassum. In 2007, the world was hit by the worst global financial crisis since the 1930s Great Depression. World output has slightly recovered after its sharp decrease in 2008 and negative growth in 2009, and over the last three years it has more or less stabilised at around three per cent. This is …
By Andrea Knebel UK-EU relations: practicality over emotion The United Kingdom is often seen as an argumentative and strong-willed member of the EU club. The geographical position of the island nation has shaped its psychology, which is also strongly reflected in its approach to the European integration process. However, Britain’s is not only an …
By Enrico Longobucco. Exactly 1 year ago, Mario Monti’s government took office in Italy after 3 ½ years of the third centre-right government led by Silvio Berlusconi. Most Italians were enthusiastic about this new government, which was not expressly chosen by citizens, but still perfectly legitimate under the Italian Constitution which states that the President of the …
By Martina Cicakova In the next few months, Britain will face an important decision that is likely to greatly influence its position and future performance in the European Union (EU). In October, Home Secretary Theresa May publically announced the government’s plan to opt out of roughly 130 crime and policing measures that had been agreed …
By Neil Dooley. University of Sussex. As the eurozone crisis deepens, Spain has become the fourth country to formally request external financial assistance from the European Union. However, the Spanish bailout differs significantly from those agreed previously with Portugal, Ireland and Greece. Apart from the provision of ‘technical advice’, the IMF is largely uninvolved. Perhaps more …
By Enrico Longobucco. The current economic crisis is severely affecting Europe in both political and social terms. In this historical moment, characterised by instability and precariousness, intolerance is a given, that is, the difficulty to accept that not all people feel the results of this crisis the same way. The consequences are indeed more critical for …
By Tanisha Aggarwal “I need not tell you, gentlemen, that the world situation is very serious…The remedy lies in breaking the vicious circle and restoring the confidence of the European people in the economic future of their own countries and of Europe as a whole” (George Marshall 5th June 1947) This month marks the 65th …
By Martina Cicakova. Greece, a country referred to as the ancient cradle of democracy, is now standing before a decision crucial for the future of Europe. The two options between which the Greek people need to decide are both problematic in their seeming simplicity: either the continuance of the “draconian” austerity measures or a so-called “Grexit”, a …
By Lena-Sophie Demuth. After World War II, the foreign policy of Bundesrepublik Deutschland (West Germany) aimed at getting back in line with its neighbouring states, reconstructing its economy and rebuilding the image of a state responsible for a war that had claimed over 60 million casualties, including more than 6 million deaths in the wake of …