By Berthold Huber, chairman of the German trade union IG Metall | When a significant percentage of the young generation continues to be excluded, youth employment undermines the very foundations of the European welfare state.
MADRID | By Jorge Chamizo | capitalmadrid.com | The Spanish economy is in a better position to exit the crisis than it ever was 18 years ago. Capita income currently doubles that of 1995 and contributions to the social security system is much higher, too.
MADRID | By Luis Arroyo | If we are a monetary union, there can be no buts or ifs. Spain needs capital to implement its reforms and restore its economy.
WARSAW | The tables have now turned for job seekers in Europe. As austerity and unemployment drives young people from Spain, Portugal, Italy and Greece in search of work, Poland is rapidly becoming an attractive destination for international job hunters.
FRANKFORT | What are the ingredients of that Germany’s economic magic potion? There is one worth bearing in mind: the dismantling of the social welfare.
MADRID | By Julia Pastor | Unlike Spain, where the external sector is supporting the economy, Italian exports fell by 1.9% in 1Q13, its worst register from 1Q09. The country’s GDP dropped by 0.6%, and April’s industrial production by 0.3%.
LONDON | By Charles Grant, director of the Centre for European Reform | For more than 60 years, the EU has been built and managed by technocrats, hidden from the public gaze – or so it has seemed. In fact national governments have taken most of the key decisions, but public scrutiny has been insufficient.
MADRID | By Julia Pastor | Since last September, Craig Calhoun (Watseka, Illinois, 1952) is the London School of Economics’ director. He was professor at the New York University and director of the Institute for Public Knowledge before moving to the United Kingdom.
ATHENS | By Giorgios Malouchos at Presseurop | The IMF bailout of Greece has above all allowed its creditors to dodge their responsibilities and guard against contagion. The Greeks should revolt and renegotiate the terms of the loan, writes To Vima.
MADRID | By JP Marín Arrese | The ECB has made crystal clear it has no intention to undertake any extra effort in helping the economy to overcome its current recession. Its message utterly fails to provide confidence.