EU-US trade deal: Europe to Americanize its social model?

It can’t be both. Either the EU Trade Commissioner Karel De Gucht hadn’t recovered from the transatlantic trip hangover, while speaking in Washington on Tuesday, or he thinks we are all morons. He said: “I invite all Europeans to also discuss their concerns about the Transatlantic Trade and Investment Partnership (TTIP) (free trade deal)… Because […]

Berlin favours economic and social disintegration in certain Eurozone countries

In the fourth year of the ongoing financial and real economy crisis in Europe, the deterioration of the employment and social situation was an easily predictable prospect. However the increasing pace of this worsening and the widening divergence between member states, as monitored by the EU Employment and Social Situation Quarterly Review for March 2013, […]

An ECB banker wants to change the European social model

A banker, member of the European Central Bank’s executive board, in the brief time of half an hour, during which he delivered a speech on Saturday 2 March, in the context of the European Conference at Harvard, wanted not only to ‘correct’ the Europe’s social contract but also to demolish John Maynard Keynes’s contribution to […]

Why Europe’s high productive performance is discredited?

Eurostat, the EU’s statistical service, released data on Eurozone’s foreign trade showing that during 2012, euro area trade in goods recorded a surplus of €81.8 billion, outperforming the most optimistic predictions. This is not however the only good news for Eurozone external accounts for last year. Traditionally Eurozone records also a hefty surplus in international […]