EU facing crisis over debt and communication
Luke Baker, Kathimerini (English edition), 25.11.2010
The European Union has deployed billions of euros and endless words to try to contain its sovereign debt crisis this year, but poor communication and bad timing have left financial markets unconvinced.
The communications problems haven't caused the crisis - excessive government borrowing, inflated bank lending and poor macroeconomic management have done that. But they have exacerbated it, making it harder to stop the rot spreading from Greece to Ireland and maybe Portugal. [...]
"We're asking people to provide leadership as politicians and sometimes you want them to say things clearly, but that gets broken down by financial markets," said Janis Emmanouilidis, a senior analyst at the European Policy Centre, a think tank.
"You have to be very careful these days and it's not just the financial markets. In the EU, if someone says something, it gets examined and broken down by the capitals in every member state. The situation is so tense among 27 states and the markets. It's a difficult balance to maintain." [...]
For the entire article see here.
Latest media contributions
Ursula von der Leyen: Erste Rede zur Lage der Union
Interview, WDR 5 (German radio), 16.09.2020
"Eine Gesundheitsunion ist ein sehr ambitioniertes Ziel"
Interview, rbb (German radio), 16.09.2020
Ein ganz anderes Europa
Interview, tagesschau.de, 15.09.2020
Comment l'Europe tente de mettre fin au bazar des avis de voyage
Quotes, La Libre Belgique, 04.09.2020
EPC Update – analysis of ongoing COVID19 situation and state of affairs regarding Brexit
Online Briefing, YouTube, 04.09.2020
Les Etats-Unis d’Europe, un rêve encore lointain
Quotes, Capital (FR), 22.07.2020
Charles Michel a trouvé la bonne méthode : "Le succès du Conseil européen, c’est aussi le sien"
Quotes, La Libre Belgique, 21.07.2020
Angela Merkel Guides the E.U. to a Deal, However Imperfect
Quotes, The New York Times, 21.07.2020
EPC Update – analysis of ongoing negotiations on MFF & Recovery Package
Online Briefing, YouTube, 20.07.2020
Erste Einigung bei Milliardenzuschüssen
Quotes, ORF, 20.07.2020