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Merkel wins rescue fund vote after raising spectre of war – Telegraph

Via Merkel wins rescue fund vote after raising spectre of war – Telegraph: She told MPs: “Nobody should take for granted another 50 years of peace and prosperity in Europe … that’s why I say: If the euro fails, Europe fails. Quite. It’s what I was getting at when I wrote this. If I can, I will try to expand the argument in tomorrow’s general debate on the UK Chairmanship of the Council of Europe. The arguments are available in the […]

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Bailouts are a dead end but bilateral debt cancellation could transform the European crisis

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Over on ConservativeHome, I introduce an interesting piece of work by Anthony J Evans and Terence Tse of ESCP Europe: Many will argue that Eurozone financial stability is in Britain’s interests and they are right. That’s why the Government should look carefully at a new report by two Associate Professors at ESCP Europe Business School: Anthony J. Evans (Economics) and Terence Tse (Finance). On their website, The great EU debt write off, Anthony and Terence explain a simulation conducted by their masters students: The […]

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