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Protesilaos Stavrou

URL: http://protes-stavrou.blogspot.com/

Feed: http://protes-stavrou.blogspot.com/

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Latest posts
Moved to the new website: www.prot.dk NEW
Protesilaos Stavrou 8 Months, 3 Weeks, 2 Days, 9 Hours, 56 Minutes ago
I would like to inform you that I have moved to my new website: www.prot.dk. This is a follow-up of my last announcement on End of blogging, not of thinking nor writing.Have a nice day! Copyleft (ɔ) 2013 Protesilaos Stavrou — All Wrongs Re...
End of blogging, not of thinking nor writing NEW
Protesilaos Stavrou 9 Months, 1 Week, 5 Days, 22 Hours, 10 Minutes ago
This blog came in response to a need, not a desire: to express myself in ways that differed from whatever form I was expected to conform with. I was already studying the European Union so there certainly existed at least some rudimentary interest in...
ECB policy and preliminary notes on the inter-subjectivity of monetary affairs NEW
Protesilaos Stavrou 9 Months, 2 Weeks, 1 Day, 11 Hours, 11 Minutes ago
Mr. Mario Draghi, the president of the European Central Bank (ECB), has once again proclaimed the unflinching determination of his institution to maintain an accommodative monetary policy and to remain open to the possibility of further easing condit...
A new chapter added to the crisis in Cyprus NEW
Protesilaos Stavrou 9 Months, 3 Weeks, 11 Hours, 30 Minutes ago
The latest in the concatenation of disjointed actions characterizing the Cyprus bailout programme, is what appears to be a reprofiling of the sovereign debt, realized through a "volunary" bond exchange, under domestic law, worth €1 billion, with...
A few comments on Greece's present predicament NEW
Protesilaos Stavrou 9 Months, 3 Weeks, 4 Days, 14 Hours, 4 Minutes ago
In recent days, two events have placed the political system of Greece under a certain degree of duress: (1) the disbanding of ERT, the national broadcasting corporation, and (2) the withdrawal of the Democratic Left party, DEMAR, from the governing c...
Europe beyond and without federalism NEW
Protesilaos Stavrou 10 Months, 1 Week, 4 Days, 19 Hours, 12 Minutes ago
Ideology and political orientation are inseparably attached to the historical-cultural context that engendered and sustained them. To valorize the methods and objectives of a given system of values, as the ultimate telos of a political power impulse,...
Greek bailout: what did the IMF really recognize as problematic? NEW
Protesilaos Stavrou 10 Months, 1 Week, 6 Days, 37 Minutes ago
On June 5, 2013, the IMF published an ex post evaluation of the macroeconomic adjustment programme for Greece. Not few were those who ventured to interpret parts of the content of this report as yet another mea culpa from the side of the internationa...
The German Constitutional Court and the inherent contradictions of the OMT NEW
Protesilaos Stavrou 10 Months, 2 Weeks, 2 Days, 4 Hours, 12 Minutes ago
On June 11 and 12, 2013 the German Constitutional Court will be considering the legal foundations of the European Stability Mechanism (ESM) and the Outright Monetary Transactions (OMT) of the European Central Bank (the Bruegel blog has an informative...
Negation in European metapolitics (prolegomena) NEW
Protesilaos Stavrou 10 Months, 3 Weeks, 6 Days, 12 Minutes ago
The metapolitical is the topos where the formulation and concretization of the radical imaginary that underlies the institution of society takes place; this being the creation and explicit identification of the essential subject-object dichotomy, the...
Inflation in Germany is not an automatic remedy to the periphery's economic woes NEW
Protesilaos Stavrou 11 Months, 4 Days, 3 Hours, 28 Minutes ago
While having already addressed the argument which asserts a mechanical alleviation of the economic duress in the eurozone's periphery by virtue of spontaneous or instigated rising inflation in the core, Germany in particular, I continue to feel an in...
Critique on the ex cathedra pronouncement of Barroso that there is no eurocrisis NEW
Protesilaos Stavrou 11 Months, 1 Week, 3 Days, 12 Hours, 10 Minutes ago
The present author finds it pertinent to express the feeling of amazement that is always born in him by the exposition to the Olympian pronouncements of the European Commission's President, Mr. José Manuel Barroso; amazement not in the sense o...
The meta ta politika of Europe NEW
Protesilaos Stavrou 11 Months, 1 Week, 5 Days, 11 Hours, 32 Minutes ago
Fellow citizen Ralf Grahn (@RalfGrahn) recently suggested that European bloggers should consider producing an article under the twitter hashtag #MyEurope, in light of the commemoration of Europe Day, on the 9th of May. The idea is to invite the autho...
Footnotes on J├╝rgen Habermas' lecture in Leuven about the European crisis NEW
Protesilaos Stavrou 11 Months, 3 Weeks, 2 Days, 13 Hours, 29 Minutes ago
On April 26 2013, I had the great honor to attend a lecture on Democracy, Solidarity, and the European Crisis by one of the foremost thinkers of our age, Professor Jürgen Habermas. The event, which can now be watched online, took place at the pr...
Europe did not cause the crisis in Cyprus NEW
Protesilaos Stavrou 1 Year, 2 Weeks, 2 Days, 25 Minutes ago
The kind of default reaction of many Cypriot opinion molders and citizens to the latest decisions on the country's macroeconomic adjustment programme, has been to put the brunt of the blame for Cyprus' economic demise on "Europe" in general; often dr...
The independence of the European Central Bank and its democratic accountability on Cyprus NEW
Protesilaos Stavrou 1 Year, 2 Weeks, 5 Days, 2 Hours, 21 Minutes ago
The legal basis of the European Central Bank guarantees its institutional independence in conducting monetary policy, while it also extends the separation of powers to all other central banks comprising the European System of Central Banks (ESCB). In...
Europe: A banking union to break the feedback loop between states and banks NEW
Protesilaos Stavrou 1 Year, 3 Weeks, 4 Hours, 50 Minutes ago
Perhaps the deepest flaw in the Euro edifice has been the symbiosis between banks and states. The insoluble ties that are shared by sovereigns and their domestic banks are to a great extent a permanent feature of the modern (crony-)capitalist system,...
Doomsday scenarios: With capital controls in place, is Cyprus effectively outside the Euro? NEW
Protesilaos Stavrou 1 Year, 3 Weeks, 2 Days, 1 Hour, 25 Minutes ago
As has been the case with all the other periods of duress in the 3.5 year-old eurocrisis, the case of Cyprus has provided the impetus for the cultivation of a number of doomsday scenarios regarding the fate of the Euro. One of them is that Cyprus is...
Cyprus: A Eurogroup deal that is painful but more just than before NEW
Protesilaos Stavrou 1 Year, 3 Weeks, 6 Days, 5 Hours, 59 Minutes ago
In the early hours of March 25, the eurogroup has reached an agreement on the macroeconomic adjustment programme for Cyprus, which is in my humble opinion more just than the previous deal that placed asymmetric losses on small depositors while not to...
Cyprus: Thoughts on capital controls and the "National Solidarity Fund" NEW
Protesilaos Stavrou 1 Year, 4 Weeks, 23 Hours, 40 Minutes ago
The parliament of the Republic of Cyprus has approved a total of nine new pieces of legislation aiming at restructuring the domestic banking system by, inter alia, granting more powers to the Central Bank and providing a backstop to the disorderly di...
Cyprus bailout: A suboptimal and unjust agreement of the Eurogroup NEW
Protesilaos Stavrou 1 Year, 1 Month, 5 Days, 16 Hours, 33 Minutes ago
The Eurogroup has reached a political agreement over the terms of the macroeconomic adjustment programme for Cyprus. The Memorandum of Understanding that the Cyprus government will have to sign, will now be finalized by the European Commission, the E...