Is austerity working - the European perspective
Ann Cahill, Irish Examiner, 08.08.2013
Quotes
The entire eurozone was having one long, giant party all the way from the turn of the millennium until 2008. It had to end in tears — and that is how we have the longest recession in modern history — or so the story goes. […]
Even if the euro survives and Greece remains a member putting in place the much needed reforms such as collecting taxes, the scars will be long term. There is a lot of despair with the best educated leaving but the cost is not just in jobs — it is also to the fabric of democracy with a fascist right wing group attracting support.
“They are showing their face and what is behind their face, but still people vote for them, and they have put down strong roots in parts of Athens — this will not change even if the economy changes,” warns Janis Emmanouilidis, senior analyst at the European Policy Centre in Brussels. […]
Link to original text here
Latest media contributions
EPC Update / Post-summit Briefing: What does the Ankara NATO Summit mean for Europe’s security?
Online Briefing, YouTube, 09.07.2026
EPC Update / Post-summit Briefing: Will the June EU Summit provide strategic direction?
Online Briefing, YouTube, 22.06.2026
EU Democracy Reform Observatory: Two years on: Why Europe’s far right keeps growing
Online Briefing, YouTube, 11.06.2026
EPC Update: Can Europe lead when leadership is in short supply?
Online Briefing, YouTube, 29.05.2026
What are the sticking points for the EU's new budget?
Quotes, Deutsche Welle, 29.04.2026
EPC Update / Post-summit Briefing: Spring European Council: Can the EU meet the challenges of the new world disorder?
Online Briefing, YouTube, 26.03.2026
EPC Update / Post-summit Briefing: Informal leaders' retreat: New momentum for European competitiveness?
Online Briefing, YouTube, 16.02.2026
EPC Update / Post-summit Briefing: The Greenland crisis: A test for Europe's credibilitye need for strategic choices
Online Briefing, YouTube, 23.01.2026
EPC Update: EUrope in 2026: the need for strategic choices
Online Briefing, YouTube, 12.01.2026
EPC Update / Post-summit Briefing: The last EU Summit of 2025: a real moment of truth?
Online Briefing, YouTube, 19.12.2025