Press

Europe vows to save Greece

12 February 2010
The Wall Street Journal
Yet greater coordination of economic policy will necessarily happen, says Charles Grant, director of the Centre for European Reform, a London think tank. "There will be for Greece and possibly Spain a loss of fiscal sovereignty - a two-tier Europe with the weaker countries having to accept outside tutelage" from sounder euro members as the price of financial support.

EU leaders vow to help Greece, but say it is too early for financial rescue

12 February 2010
The Washington Post
"What they've basically done is say they will help Greece if it meets the terms of the plan to cut its deficit, but if it managed to do that, Greece wouldn't need any help," said Simon Tilford, chief economist at the Centre for European Reform. "I certainly think they will come up with something more substantial. But today demonstrates that we may need a full-blown crisis in Greece before they are prepared to put money on the table."

High expectations behind admonishment

11 February 2010
People's Daily, China
Jacques Delors, a three-term, ex-president of the European Commission (EC), said recently that the European Union (EU) would face a tough "choice" in the next few years, while Charles Grant, director of the Centre for European Reform, was more straightforward saying that Europe could possibly "fall apart" ['Is Europe doomed to fail as a power?' by Charles Grant, July 2009]. Their remarks have are in immense contrast compared to the elation brought by the entry into force of the "Lisbon Treaty"...

High expectations behind admonishment

11 February 2010
People's Daily, China
Jacques Delors, a three-term, ex-president of the European Commission (EC), said recently that the European Union (EU) would face a tough "choice" in the next few years, while Charles Grant, director of the Centre for European Reform, was more straightforward saying that Europe could possibly "fall apart" ['Is Europe doomed to fail as a power?' by Charles Grant, July 2009]. Their remarks have are in immense contrast compared to the elation brought by the entry into force of the "Lisbon Treaty"...

Should Europe lift its arms embargo on China?

10 February 2010
Time
Charles Grant, director of the London-based Centre for European Reform, published a paper last month arguing that Europeans need to agree on a single message in their dealings with China so that Beijing can't play a game of divide and conquer. At the same time, he said, the E.U. should "abandon the fiction of a 'strategic partnership,'" which cannot be meaningful with such divergent value systems, and focus on a limited number of issues on which China and the E.U. can find agreement.

Failure to reform fiscal rules could haunt euro zone

10 February 2010
Reuters
"Right now there is nothing to force adjustment on Germany, whose surpluses are the flipside of the Greek deficits," said Simon Tilford, chief economist at the Centre for European Reform. "I'm not sure we will see the changes that would prevent future crises. Countries with big trade surpluses first need to realise they are part of their problem."

Europe vows to aid Greece, but is unsure of how to help

10 February 2010
New York Times
"At this junction they will have to support Greece," Simon Tilford, chief economist at the Centre for European Reform, said of Europe's politicians. "If you have encouraged the markets to believe that support is forthcoming and then it is not, we will see a backlash" in financial markets. Though Mr Tilford said the markets would ideally like to see some form of guarantee extended to Greek loans, he added that this would probably be too much for the government in Berlin.

Czech's in talks with host missile command centre

Tomas Valasek
10 February 2010
The Prague Post
"If Obama needed more evidence to back his shift, the failed test gives it to him," said Tomas Valasek, director of foreign policy and defence with the London-based Centre for European Reform.

Greek debt crisis hangs over Brussels economic summit

Philip Whyte
09 February 2010
Financial Times
"The broad thrust of the agenda remains as valid today as it was back then [in 2000]," said Philip Whyte of the Centre for European Reform think-tank. "A decade on, many EU countries still suffer from low employment and low productivity. So residual barriers to intra-European trade need to be dismantled and more must be done to encourage entrepreneurship and innovation."

Germany is chastised for stance on nuclear arms

George Robertson
08 February 2010
New York Times
In a report to be published Tuesday by the Centre for European Reform, in London, George Robertson, who served as NATO secretary general from 1999 to 2004, says Germany cannot remove the missiles and still expect to enjoy the protection of US nuclear forces. "For Germany to want to remain under the nuclear umbrella while exporting to others the obligation of maintaining it, is irresponsible," the report says. It is highly unusual for a NATO country’s government to announce that it wants to remove US nuclear weapons from its soil.

New military doctrine draws NATO criticism

Tomas Valasek
08 February 2010
The Moscow Times
Tomas Valasek, of the Centre for European Reform think-tank, said NATO would continue to try to forge greater co-operation on shared security concerns, even though progress had been limited. He said Russia had been consistent in its view of NATO as a threat and in looking for ways to divide the alliance and halt its enlargement, while NATO was "torn between seeing Russia as it is and seeing it as we would like it to be." ..."Even the vaunted northern corridor [supply route], hasn't really gone anywhere," Valasek said. "There's been one shipment that's come through, that's all.

Greece's financial crisis puts the future of the euro in question

07 February 2010
The Observer
But according to Charles Grant, director of the Centre for European Reform, the commission wants to keep the fund at arm's length because it would give the Americans a say in single currency affairs, a blow to European pride. Grant says this is regrettable: "The IMF is very experienced in these matters; it is professional and is not subject to political pressure. There is a political point as well. If the commission sets conditions that lead to hospitals being closed, there will be demos against Brussels.

US, Germany say Iran not ready for nuclear deal

Tomas Valasek
06 February 2010
Reuters
Tomas Valasek, director of foreign policy and defence, Centre for European Reform, said if the needs of Iran's research reactor were to dictate the process there would be no agreement. "That's a deal breaker, because of course the whole idea behind the deal is let's get all of the stuff out so that we win more time so that the Israelis don't feel itchy and don't bomb Iran in the next few weeks," he said.

Europe's debt crisis intensifies

05 February 2010
Business Week
"The risk of contagion now is very very serious. By the end of next week, if things haven't calmed down or if they have actually intensified further, then it will be a matter of a short while before some steps are being taken," Simon Tilford, chief economist at the Centre for European Reform, said. ...But Tilford said those worries are now swamped by worries of contagion within the euro zone. "We could get into the position where we have a serious crisis in Spain which might not be containable because Spain's a bigger economy," he said.

Disunity, economic woes dog EU image drive

05 February 2010
Reuters
"There has been a lot of rhetoric about the 'European project' (to strengthen the EU) but to a large extent governments have had their heads in the sand and not addressed the tough underlying problems," Simon Tilford, chief economist at the Centre for European Reform think-tank in London, said. "There is an insularity and provincialism which is very worrying."

Euro debt crisis is political test for bloc

05 February 2010
New York Times
"The challenges facing the euro zone are very serious," said Simon Tilford, chief economist for the Centre for European Reform in London. "For countries that have become pretty uncompetitive in the euro zone and have weak public finances, the current environment is very dangerous." ..."The southerners can do their best to cut costs and be competitive," Mr Tilford said. "But they need the others to create more domestic demand and be less export dependent."

Why Obama won't bother to attend the EU summit

04 February 2010
The Wall Street Journal
Charles Grant, director of the Centre for European Reform, a London based think-tank, said this president does not have the attachment to the old continent of many of his predecessors. "Obama is very unemotional about the EU," he said. The key to getting him to attend E.U. summits is to provide practical solutions to problems. "He's not going to take the EU seriously unless the EU delivers," he said.

'West Bank first' approach has failed

Clara Marina O'Donnell
04 February 2010
European Voice
The EU must convince the US to abandon a policy whose flawed logic condemns it to failure.

Collaborations take a jolt

Clara Marina O'Donnell
03 February 2010
Financial Times
"There is very little in recent years that has gone well," says Clara O'Donnell of the Centre for European Reform. "The difficulties of the A400 M transport programme have been especially serious and have undermined the enthusiasm of the UK for joint procurement programmes."

Eurozone: Risk of contagion seen from 'Greek disease' as EU ponders options

03 February 2010
Radio Free Europe
Analyst Simon Tilford, the chief economist at the Centre for European Reform in London, says its hard to gauge the overall impact of a default on debt by a eurozone member. "There is a risk at some point of Greece defaulting on its sovereign debt," Tilford says. "I think there is a very real risk of that. Then, it's very difficult, really, to say what would happen."