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French Politics: Europe

URL: http://artgoldhammer.blogspot.com/search/label/Europe

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Latest posts
Valls Turns Into Hollande NEW
French Politics: Europe 2 Days, 16 Hours, 23 Minutes ago
Well, I think Manuel Valls can kiss goodbye to that 58% approval rating. He has just done what François Hollande did on taking office: immediately dashed the hopes invested in him. Just as Hollande promised to renegotiate the TSCG, raising hop...
Should France Leave the Euro? NEW
French Politics: Europe 3 Days, 18 Hours, 26 Minutes ago
We'll be hearing a lot of this in the upcoming European election campaign. Rue89 provides a primer for neophytes.
Is Deflation Looming for the Euro Area? NEW
French Politics: Europe 1 Week, 1 Day, 5 Hours, 52 Minutes ago
The signs are increasingly ominous. Here is Menzie Chinn's comment:At this juncture, the distinction between the US as a monetary and fiscal union with high interstate factor mobility, the euro area as a monetary union with relatively low inter-count...
Jouyet Named Secretary General of the Elysée NEW
French Politics: Europe 1 Week, 3 Days, 4 Hours, 24 Minutes ago
Sarkozy's Mr. Europe is now François Hollande's right-hand man. He is an old friend of Hollande's, who previously served in such delicate roles as telling Valérie Trierweiler that she was history. Most recently he headed the Caisse des...
The EU Elections NEW
French Politics: Europe 1 Week, 5 Days, 5 Hours, 39 Minutes ago
Brent Whelan handicaps the race across Europe.
Simon Wren-Lewis on the Responsibility Pact NEW
French Politics: Europe 2 Weeks, 2 Days, 1 Hour, 31 Minutes ago
Here:Why does the economic policy pursued or proposed by the left in Europe often seem so pathetic? The clearest example of this is France. France is subject to the same fiscal straightjacket as other Eurozone countries, but when a left wing governme...
Krugman: French Labor Costs Are Not the Problem NEW
French Politics: Europe 3 Weeks, 5 Days, 55 Minutes ago
According to Paul Krugman, the rate of increase of French unit labor costs has been about right; the problem is that Germany's is too low.
What Should the ECB Do? NEW
French Politics: Europe 3 Weeks, 5 Days, 3 Hours, 59 Minutes ago
Jeff Frankel has an interesting proposal: the ECB should go in for quantitative easing without skirting the EU constitutional treaty by buying US Treasury bonds rather than the sovereign debt of member states. The idea is that this would bring down t...
Eurozone Recovery? NEW
French Politics: Europe 4 Weeks, 1 Day, 19 Hours, 3 Minutes ago
A few encouraging signs:...
EC: Cutting Wages Will Not Restore French Competitiveness NEW
French Politics: Europe 1 Month, 1 Week, 6 Days, 19 Hours, 27 Minutes ago
A 2012 report from the European Commission suggests that efforts to cut effective wages, including the Responsibility Pact signed yesterday by the MEDEF and 3 trade unions, will not help French export performance as much as some hope:This finding is...
European Deflation? NEW
French Politics: Europe 1 Month, 2 Weeks, 7 Hours, 36 Minutes ago
From the IMF:You can have too much of a good thing, including low inflation. Very low inflation may benefit important segments of the population, notably net savers. But in the current context of widespread indebtedness problems, it is working to the...
Intellectuals Petition for EU Reform NEW
French Politics: Europe 2 Months, 3 Hours, 49 Minutes ago
A collective of political scientists and economists has launched a petition for reform of the EU, including a corporate income tax (to be paid into an EU budgetary fund amounting to 0.5-1% of EU GDP). And to apportion this tax, they want a genuine EU...
German reform NEW
French Politics: Europe 2 Months, 2 Weeks, 3 Days, 9 Hours, 6 Minutes ago
It's interesting to note that Germany, where Angela Merkel and the Right won a smashing re-election victory but not quite enough to rule without a Grand Coalition, is the one country that has managed a reform that might actually offer a bit of relief...
Kevin O'Rourke on Hollande's Reival of Say's Law and the Hara-Kiri of the European Left NEW
French Politics: Europe 3 Months, 2 Days, 14 Hours, 48 Minutes ago
Thanks to James Conran for this link.
More Eurogloom NEW
French Politics: Europe 3 Months, 1 Week, 3 Days, 22 Hours, 5 Minutes ago
The Times, too, takes a rather pessimistic view of the Eurozone. In regard to comments on the previous post, I agree with Jurnan that Frédéric's point regarding improved current account balances is to be treated cautiously, since the im...
The Euro Crisis in 2014 NEW
French Politics: Europe 3 Months, 1 Week, 4 Days, 16 Hours, 24 Minutes ago
Wolfgang Munchau looks ahead to the evolution of the euro crisis in 2014. In his view, the policy debate is over. There will be no debt mutualization and no common backstop for failing banks. All adjustment will be made through austerity and "interna...
Willem Buiter Foresees Secular Stagnation in the Eurozone NEW
French Politics: Europe 3 Months, 3 Weeks, 4 Days, 21 Hours, 36 Minutes ago
Here (behind FT paywall).
FT Claims that France Is Holding Back the Eurozone NEW
French Politics: Europe 4 Months, 2 Days, 8 Hours, 16 Minutes ago
The Financial Times has a rather pessimistic piece on France today, which makes the claim that France is the sick man of the Eurozone. (I can't quote from the article without violating the FT's rather strict reading of the copyright laws, so you'll h...
Pissarides on the Euro NEW
French Politics: Europe 4 Months, 2 Days, 12 Hours, 11 Minutes ago
Nobel laureate Christopher Pissarides, once a passionate supporter of the euro, now thinks the EMS must either be changed profoundly or dismantled:The euro should either be dismantled in an orderly way or the leading members should do what’s ne...
Germany Remains Adamant in Face of Record EU Unemployment NEW
French Politics: Europe 5 Months, 2 Weeks, 3 Days, 19 Hours, 2 Minutes ago
The US Treasury has accused Germany of "deflationary bias" in its economy policy, but Germany angrily rejected the charge, saying that nothing in its economic policy required adjustment. Meanwhile, European unemployment remains at a record high level...