Does the flagging eurozone need a fiscal boost as well as a monetary one? The debate in policy circles is slowly shifting. I’m quoted right at the start of this excellent analysis piece by Mark John for Reuters. “There is a shift towards talking about stimulus but there is no dramatic leap forward,” said Philippe […]
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Posted 24 Sep 2019 in Blog
While Europe’s economy has picked up and there is no immediate sign of financial stress, many analysts maintain that reforms are needed to protect the single currency. “Make no mistake, the euro desperately needs revamping,” Philippe Legrain, a former adviser to the European Commission president and a senior visiting fellow at the London School of […]
Posted 18 Jun 2018 in Blog
“The EU works reasonably well when sharing collective gains (from trade, for instance),” Philippe Legrain, a former European Commission adviser, wrote this week for Foreign Policy. “But it is hopeless at sharing out costs, whether the real ones of the financial crisis or the perceived ones of the refugee crisis. “Seven long years of economic […]
Posted 18 Sep 2015 in Blog