Subterms
The current public health crisis has become a major challenge for European economies. It particularly affects countries in the southern part of the eurozone, as they are still suffering from the effects of the euro debt crisis of 2009-12. In the absence of a convincing fiscal policy response from the European Union or the eurozone, […] More
Since 2016, the year the British voted to leave the European Union and the US elected trade-war baron Donald Trump, Europe has had its share of political and economic storms. The EU’s lack of unity and coherence and its fragility as a geopolitical institution have never been more obvious. The euro was already under threat […] More
Classic textbooks teach us that economic shocks typically hit either the demand or the supply sides of the economy. They usually stem from domestic developments, but sometimes they emerge from abroad. COVID-19, the disease caused by the novel coronavirus, has defied this logic and has done so in new ways. For example, one of its distinctive features — one that has been particularly excruciating for policymakers — has been […] More
The European Union’s chief negotiator, Michel Barnier, gave a stark warning recently about the lack of progress in the post-Brexit negotiations with the United Kingdom. But now, British Prime Minister Boris Johnson has come back to work after his battle with COVID-19, the disease caused by the novel coronavirus. The Brexit Transition Period Will Be […] More
