Press

Italy turmoil raises questions about ECB backstop

Simon Tilford
27 February 2013
Associated Press
"Basically investors are taking this on faith," said Simon Tilford of the CER. ..."It would be very hard for the ECB to wade into the market and buy substantial quantities of Italian debt if there is political gridlock in Italy and a broad based rebellion against the austerity strategy," Tilford warns.

Are Italian voters right that austerity isn't working?

Simon Tilford
27 February 2013
The Christian Science Monitor
"Cutting public spending in a downturn is always risky, but it is especially so when all of Europe is tightening fiscal policy at the same time. The principal reason why public deficits have risen across Europe is because private sector demand has contracted sharply," says Simon Tilford of the CER.

Uncertain election results rekindle euro crisis fears

26 February 2013
The Wall Street Journal
Democracy "is the eurozone's Achilles' heel," said Charles Grant, director of the London-based Centre for European Reform. ..."The euro isn't safe until growth returns in Southern Europe," Mr Grant said.

Election deadlock raises fears of new crisis in recently calmer eurozone

Simon Tilford
26 February 2013
The Washington Post
"The politics of the current strategy for coping with the eurozone are looking increasingly fraught and unworkable,” said Simon Tilford of the CER. "On a positive note, if it leads to a rethinking of this approach, then it could be positive for the future of the currency union," he added.

This euroscpetic isle

25 February 2013
BBC Radio 4
Charles Grant talks to James Landale about business and rising euroscepeticism in Britain (from 13.39 - 14.29).

Little clarity in Italian vote aside from anger

Simon Tilford
25 February 2013
The New York Times
"No doubt Italy has an imperfect political culture, but this election I think is the logical consequence of pursuing policies that have dramatically worsened the economic and social picture in Italy," said Simon Tilford of the CER.

EU-US trade talks promise both prizes and pitfalls

Philip Whyte
18 February 2013
Reuters
So even if the goodwill exists to park such issues in the sidings [the EU's reluctance to lower its guard against US biotech food such as genetically modified plants or hormone-fed beef], agriculture still has the potential to poison the talks, said Philip Whyte of the CER, a think-tank in London.

German shoppers hold the key to EU growth

Simon Tilford
15 February 2013
Financial Times
"Supply side reforms are no panacea," said Simon Tilford, chief economist for the Centre for European Reform, a think-tank. Germany, where unemployment is low, should be adopting expansionary macroeconomic policies to boost demand, he said.

Minimum wage in Europe offers ammunition in US debate

Simon Tilford
13 February 2013
The New York Times
"The impact on growth from changes in the minimum wage comes down to the level at which it is set," said Simon Tilford, chief economist at the CER in London

US-EU trade deal faces cultural hurdles

Simon Tilford
13 February 2013
Marketplace
Simon Tilford of the CER claims the two sides will struggle to open their markets fully to each other’s farm produce. "When they get down to the nitty-gritty, it’s possible that the negotiations will founder on some of the cultural differences between the EU and the US over things such as genetically modified food," says Tilford.

Lune de fiel entre Londres et Bruxelles

Simon Tilford
13 February 2013
Le Temps
"C’est bien là la cause de toutes les difficultés qu’auront ensuite la Grande-Bretagne et l’Europe à accorder leurs violons", estime Simon Tilford, chef économiste du CER, basé à Londres.

Growing chorus at home urges UK to break with Brussels

Katinka Barysch
12 February 2013
Global Finance
"A referendum looks almost inevitable now but the timeframe is uncertain," says Katinka Barysch, deputy director of the CER in London. She says the debate is already having a negative economic impact: Investors are getting nervous.

EU claims that crisis is over, premature analysts claim

Philip Whyte
11 February 2013
Voice of America
“Politics is one of the black swans of the eurozone this year. In Italy we could have political uncertainty, perhaps the return of Silvio Berlusconi. In Spain, we don’t know where the current scandal surrounding the prime minister will go", said Philip Whyte, of the CER

Peugeot's state guarantee gets temporary EU approval

Simon Tilford
11 February 2013
Bloomberg
"As a French consumer looking for a car, you’re confronted with paying dramatically higher rates of interest to buy a Peugeot on credit than you are a Volkswagen," said Simon Tilford, of the CER.

Shale gas distracts EU 'action heroes' from saving the climate

Dieter Helm
10 February 2013
New Europe
In a 2011 piece published by the CER, Dieter Helm exulted over how shale gas “turns out to be super-abundant” and predicted that switching from coal to gas could halve Europe’s carbon dioxide emissions. 

UK and France: Relations between London and Paris

10 February 2013
BBC Daily politics
Charles Grant speaks to David Thompson about how the UK and France are getting along better these days (at 1.42).

European leaders agree, finally, to a lower budget

08 February 2013
The New York Times
"The budget negotiations are the most visible sign of member states winning and losing from the European Union," said Hugo Brady, a senior research fellow at the CER, a research organization. "The result is a totally parochial budget that is poorly adapted to rapidly changing times."

Alemania y el Reino Unido o el nuevo eje europeo

Katinka Barysch
07 February 2013
BBC Mundo
"La política alemana de la posguerra se basa en la idea de una integración profunda con el resto de Europa. Por razones históricas, Alemania es muy reticente a liderar y prefiere actuar en el marco de la Unión Europea. El Reino Unido es exactamente lo opuesto", señaló a BBC Mundo Katinka Barysch del CER.

Dansk EU-rabat kan koste dyrt

06 February 2013
Information
John Springford, ekspert i EU’s budget ved London-tænketanken CER, peger på, at det netop ikke kun er penge, men også indflydelsen på de reformer, der ligger i budgetforslaget, som kan blive svækket, når et land stiller ultimative krav.

Britain should abandon hope of a revival in EU demand

Simon Tilford
04 February 2013
The Guardian
The British government's attempt to rebalance the UK economy has failed. In 2012, the deficit on the country's current account (the broadest measure of foreign trade) was larger than in any year since 1990.