In Europe

Europe and the euro

The EU ideal and the euro

SOFIA | By Ivan Krastev | Amnesia, recession, the failure of political elites, divided societies… The free and caring Europe that was the dream of oppressed peoples no longer exists, it is just that European leaders lack the courage to admit it, says a Bulgarian political analyst.


SMEs

Some eurozone SMEs need more than credit

LONDON | The lack of credit to small business must really worry Brussels, because its own figures have revealed that new firms (younger than five years) are responsible for an overwhelming majority of these new jobs.



Austerity 2

Let’s fight austerity, not Germany

MADRID | If Spain’s democracy owes something to someone it would be Germany. During Spain’s democratic transition, Christian democracy and Social Democracy German foundations sustained and alerted incipient political parties when they need it.


Austerity

Austerity falls into disgrace

MADRID | The prospect France, not to mention Italy or Spain, will flatly fail to meet their targets stands as a more plausible explanation of the realisation that austerity alone will not work.


Slovenia

Slovenia can avoid an EU bailout

By Katja Mann | Des­pite severe fin­an­cial and eco­nomic prob­lems, Slov­e­nia can still avoid a bail-out – if investors stay confident.


Italy

Italy in the twilight

ROME | Nadia Urbinati | The stalemate over the election of the President of the Republic, which broke on April 20 with the re-election of Giorgio Napolitano and the resignation of the leadership of the Democratic Party, is the highwater mark of the crisis in the Italian political system. To save that system, we must move ahead immediately with reforms, starting with electoral reform.



No Picture

Serbia’s proof that the EU works

By Matt Shearman | This was an historic step for Serb-Kosovo relations, but in the wider terms of the EU accession debate, the agreement stands as a prelude to the difficult road ahead.


cyberdemocracy

Cyber-democracy comes to Europe

By Juan Carlos de Martín | Responding to political crisis, a chorus of voices, such as Italy’s Five Star Movement, are calling for a transition to the direct participation that the Internet has made possible. However, the two systems should complement, rather than compete against each other.