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June 06, 2016

Leave's lead is widening

One thing we noted about the Guardian is that it hides its most shocking pro-Brexit opinion polls, like those of ICM last week, deep down on the webpage. We also only accidentally stumbled upon the latest poll of the Observer, part of the Guardian group, which confirmed the recent trend. It's 43% in favour of Brexit, against 40%. According to this poll the Remain campaign lost four points over the last two weeks. What seems to have happened is that voters are responding to the Leave campaign's message on immigration, which is now taking centre-stage in the debate. Half of those polled believe that there would less immigration if the UK left the EU.

The article said that the Leave campaign believes it can win for as long as it can keep the headline polls close. They are betting on a low turnout of Labour voters - not unreasonable in our view, given that this referendum is now in part turning into a mid-term protest vote against Cameron. As for the polling methodology, the difference between phone and internet polls seems to be closing. Opinium, the pollster, said an adjustment in the methodology would result in a remain lead of 43-41. Essentially, what these polls tells us time and again, is that the two sides are running close.

The Guardian also has a detailed article on how the Bank of England will keep the financial system funded after a pro-Brexit vote - with an immediate meeting by the monetary and financial policy committees after the vote. One of the measures very likely to be implemented is an emergency liquidity facility, and possibly also swap agreements with the ECB and the Fed.

One observation we have made is that the pro-Remain economic arguments are getting mixed up with a debate about the usefulness of economic models after the financial crisis. Considering the dismal performance of virtually all of them, it is astonishing that any sane person would start a political campaign on the basis of what those models are predicting. In this context we noted this morning an article by several authors lambasting Patrick Minford's pro-Brexit economic analysis, which claims that a unilateral abolition of tariffs and quotas would lead to a fall in import price of 10% and a rise in GDP of 4%. We do not pass judgement on the technical arguments behind the modelling assumption of Minford or of those who criticise him, but what is clear from the debate is that it is model-based - and those models are highly imperfect to say the least.

Our own view of the economic impact of Brexit is that it is likely to be negative in the short term - and neutral in the long run, since in the long-run the economic performance depends on skills, resources, and policies, and there is no reason to assume that those would be intrinsically worse. Since this decision about EU membership is about the long-term future, the economic arguments are irrelevant. We would distinguish, however, arguments about economic security. Those would definitely favour Remain - as would national security in general - which would clinch it for us.

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June 06, 2016

The significance of Gauck

It is often said that the most remarkable act of Pope Benedict XVI is the way he resigned. We express no views on this matter, but we note a parallel with Germany's president, Joachim Gauck, whose five-year term ends in March next year, about six months ahead of the federal elections. The German president has few functions beyond shaking hands. What matters here is that the decision comes at a bad time for the two coalition partners. Their need to select a successor could drive them further apart.

Gauck previously announced that we would declare his intentions in June. Over the weekend Bild reported that the 76-year-old Gauck will not seek a second term. CDU/CSU and SPD have an easy majority in the electoral college (made of the Bundestag and the Bundesrat) but the SPD could also forge an electoral coalition with the Greens and the Left Party. The Left Party wants the SPD to do just that, but the SPD is reluctant so far. Angela Merkel already rejected SPD demands to nominate Frank-Walter Steinmeier as their candidate on the ground that she needs to nominate a candidate from within her own party. The name most frequently mentioned is Nobert Lammert, president of the Bundestag. SPD, Greens, and Left Party have an exact 50% of the electoral committee, but they might be one vote short by February next year, when the AfD is expected to enter another state parliament. Frankfurter Allgemeine noted that Merkel is likely to be in the advantage since the Greens might ultimately support a CDU candidate. In two large states, Baden-Wuerttenberg and Hessen, the Greens govern in a coalition with the CDU, and both states send many delegates to the electoral college. 

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June 06, 2016

Five Star Movement about to take Rome

It was only the first round of the Italian local elections, and in most municipalities it produced no winners. The PD did not do too badly, but it looks very much like Rome will go to the candidate of the Five Star Movement, Virginia Raggi, who got about 37%, according to last night's projections. The Five Star Movement also did well in Turin, where it is also in the run-off, against the mayor Piero Fassino, a former deputy finance minister in the previous PD-led administration, and who was highly critical of the policies of the EU and his own government. In Milan, the race is between the PD and the centre-right, with the PD in a slight lead. 

What the results are telling us is that the Five Star Movement can mount a successful challenge to the PD with a good candidate, and in places - like Rome - where the PD is seen as corrupt or incompetent. It will be harder for them to beat Matteo Renzi in two years. The result will have no immediate impact on Italian national politics in the short term, however.

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  • Will Costa last through the stand-off with the unions?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • February 11, 2019
  • SPD dumps Hartz IV
  • Macron's revival
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • February 04, 2019
  • Watch out for the resurgence in Tory unity
  • The gilets-jaunes' effect on the European elections
  • What did he possibly mean by that?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 28, 2019
  • Battle of the amendments
  • How the Prespes deal affects the next Greek elections
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 18, 2019
  • Why Dublin won't yield on the backstop
  • Town hall debates vs street protests - who is winning?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 09, 2019
  • Trump downgrades EU's diplomatic status, threatens trade war
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 04, 2019
  • Will the AfD become the Dexit party?
  • Romania's corruption problem in the spotlight of its EU presidency
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 04, 2019
  • Will the AfD become the Dexit party?
  • Romania's corruption problem in the spotlight of its EU presidency
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • December 14, 2018
  • Running down the clock
  • Macron, Philippe - untouchable no more
  • EP blasts Commission over Babis
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • December 04, 2018
  • Brexit Revoked - the scenarios
  • In search for a bold response to the gilets jaunes
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • November 26, 2018
  • Two German plus two Dutch makes four spitzenkandidaten
  • Yellow vest protests - radicalisation and new political alliances
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • November 16, 2018
  • Why no-deal is far more likely than no-Brexit
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • November 07, 2018
  • Why it is so hard to prepare for a hard Brexit
  • Kicking the digital tax down the road
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • October 29, 2018
  • Why the EEA is no longer a Brexit option
  • Behold the rising superpower: post-catholic Ireland’s European miracle
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • October 22, 2018
  • A week of intense political tension in the UK
  • Poland's local elections reveal deeply-split country
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • October 11, 2018
  • How to shrink the Irish border
  • The people versus the motor car
  • Timmermans volunteers as social democratic spitzenkandidat
  • Golden visa report hits hard at member states
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • October 02, 2018
  • Whatever it takes - diesel version
  • Is Macron's European discourse too simplistic?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • September 25, 2018
  • Be careful what you wish for - second referendum edition
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • September 13, 2018
  • Bravo Mr Juncker for raising the issue of the euro’s international role. But what now?
  • Are the eurosceptics imploding?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • September 03, 2018
  • Is the AfD an extremist party? Of course it is. Why do you ask?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • August 24, 2018
  • Towards a standoff between Italy and the EU
  • A short note on the diminishing role of economists in political life
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • August 20, 2018
  • ... and a subtle shift in EU policies towards both Russia and Turkey
  • Nothing to celebrate about the end of the bailout programme
  • Support for Brexit holding up
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • August 20, 2018
  • ... and a subtle shift in EU policies towards both Russia and Turkey
  • Nothing to celebrate about the end of the bailout programme
  • Support for Brexit holding up
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • July 25, 2018
  • Future of euro debate: can the ECB do the heavy lifting?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • July 16, 2018
  • How to think about the three Brexit options
  • How to respond to Trump
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • July 05, 2018
  • Does the German compromise work? Legally? Politically?
  • What to make of Salvini's relations with Russia?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 25, 2018
  • Trump's car tariff to come early
  • On the lack of a sharp focus in the eurozone debate
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 14, 2018
  • A Labour rebellion, really?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 04, 2018
  • German discourse out of control
  • Wait for European disunity on US tariffs
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • May 23, 2018
  • Mattarella’s limited options
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • May 14, 2018
  • Catalonia: plus ça change...
  • Conveney says no to Brexit with border infrastructure
  • Why the noble Lords don't really matter
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • May 07, 2020
  • Will Germany cease to host US nuclear weapons on its soil?
  • May 01, 2018
  • What Germany wants to reform, and what not
  • How effective is Macron?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • April 20, 2020
  • What if we are wrong?
  • April 23, 2018
  • More bad news for the SPD
  • Will Theresa May accept a customs union? The Times says yes. We think so too.
  • A comeback for Marine Le Pen?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • March 23, 2020
  • Orbán seeks to extend his powers
  • UK as the double counterfactual
  • April 09, 2018
  • Orbán gets his supermajority
  • Riding the wave of resistance
  • The EU’s self-defeating strategy
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • February 27, 2020
  • German polls point to red-red-green
  • Greece's struggle to improve migrants crisis
  • March 27, 2018
  • The IMF's proposals for eurozone reform
  • No concessions from Erdogan
  • Will the UK be shut out of Galileo on Brexit?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • February 04, 2020
  • A glimmer of hope on EU/UK trade
  • March 15, 2018
  • Miro Cerar resigns over railway
  • Taking on trade unions over the rail reform
  • How strong is the EU's solidarity with the UK really?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 13, 2020
  • Libya - the new playground for diplomatic posturing
  • NI has a government at last
  • March 05, 2018
  • One rock, two vetos, three governments
  • Rutte weighs in
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • December 18, 2019
  • Wirtschaftswunder kaputt
  • February 19, 2018
  • SPD divided over grand coalition
  • Wauquiez - the French Trump?
  • Why Brexit will be extremely hard to reverse
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • November 21, 2019
  • Brussels warns Paris and Rome about not using low interest rates
  • What’s behind Thomas Mayer’s crypto-currency
  • February 06, 2018
  • Ciudadanos rising
  • Meet the rising star of Dutch populism
  • What to watch out for in British politics
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • October 27, 2019
  • German political centre is melting
  • Train drivers in all-out confrontation with Macron
  • Erdogan makes threats again
  • January 24, 2018
  • AfD europhobe to chair of Bundestag's budget committee
  • Watch out for the Labour Party debate on the single market
  • On the productivity puzzle
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • October 01, 2019
  • AfD now going for the climate change deniers
  • Tancos - a game changer in Portugal's election?
  • January 11, 2018
  • The horse taming the dragon - really?
  • Budget contributions for market access?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • September 12, 2019
  • DUP opens up to compromise
  • Spain to repeat elections after all
  • January 05, 2018
  • Catalonia's government by Skype
  • The case for EEA membership
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • August 08, 2019
  • A poll on October 31?
  • December 15, 2017
  • Amendment 9 conundrum
  • The negligible GDP impact of the single market
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • July 11, 2019
  • Focus on election timetable, not prorogation...
  • ...and not on Darroch either
  • December 01, 2017
  • Unemployment insurance for all - nice idea, but does it work?
  • Hard border paradox
  • Could Jeremy Corbyn be the politician to defeat the banks?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 13, 2019
  • On the large and rising risk of a no-deal Brexit
  • Unite and divide - Act II of Edouard Philippe
  • November 17, 2017
  • Germany's climate change hypocrisy
  • Canada minus the plus
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • May 14, 2019
  • Trump gives Orbán his blessing
  • Outcome of Belgium's parliament election on Sunday totally open
  • Has Trump really got the economics of trade all wrong?
  • November 02, 2017
  • The Impact of Brexit
  • German court of auditors questions diesel tax break
  • On trade and violence
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • April 15, 2019
  • Finland's far right changes the game
  • Brexit party drawing almost even with the Tories
  • October 18, 2017
  • Veneto and Lombardy to vote on autonomy
  • Portugal's president calls on government over fires
  • Radical ideas for radical times: how to pay off public debt
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • March 14, 2019
  • A very meaningless vote
  • October 03, 2017
  • A short note about UK politics
  • The impact of the German elections on the euro debate
  • The decline and fall of Martin Schulz and the SPD
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • February 11, 2019
  • SPD dumps Hartz IV
  • Macron's revival
  • September 18, 2017
  • Why Germany cannot lead Europe, let alone the free world
  • Will Macron help to build up Mélenchon?
  • Boris' Coup
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • May 20, 2020
  • Car purchase premiums - a way to save the car industry?
  • Centralised lockdown, decentralised exit
  • January 10, 2019
  • Another quiet day in the Commons
  • From Rome with love
  • September 01, 2017
  • Rutte deflates Dutch labour party like a hot air balloon
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • April 06, 2020
  • The feedback loop of Covid-19 and inequalities - part 10 of our series
  • How confinement affects mental health
  • December 14, 2018
  • Running down the clock
  • Macron, Philippe - untouchable no more
  • EP blasts Commission over Babis
  • August 21, 2017
  • Soft, getting softer
  • Tsipras' chances of a boost
  • On the fallacy of a middle-ground option for the eurozone
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • February 05, 2020
  • Russia and Turkey on collision course
  • Politics of rupture - Ireland edition
  • What drives Italian parties to support or reject early elections
  • November 01, 2018
  • Is candidate Merz a keen pro-European?
  • Around the corner - Brexit edition
  • July 28, 2017
  • German government bans Porsche Cayenne
  • More troubles for the AfD
  • Of course there will be a soft transitional period for the UK
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • December 12, 2019
  • Greta is right - the EU’s fight against climate change is most likely a PR exercise
  • September 25, 2018
  • Be careful what you wish for - second referendum edition
  • July 10, 2017
  • EU in self-destruction mode
  • The EU's fault lines
  • Fake News and Fake views
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • October 21, 2019
  • Philippe to brace for more union protests
  • Greens are the electorates' new favourite
  • August 20, 2018
  • ... and a subtle shift in EU policies towards both Russia and Turkey
  • Nothing to celebrate about the end of the bailout programme
  • Support for Brexit holding up
  • June 21, 2017
  • Why has the SPD deflated?
  • Berlusconi’s strategy
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • August 27, 2019
  • Remain’s narrowing pathway
  • Macron's diplomatic masterstroke
  • July 09, 2018
  • German panic about Target2
  • AfD level with SPD
  • How the EU could fail
  • June 01, 2017
  • On how to fix the eurozone
  • What happens if there is no Article 50 agreement?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 18, 2019
  • Retaliation threats over drilling
  • May 28, 2018
  • A no-confidence motion that could backfire
  • The political repercussions of a historic referendum in Ireland
  • Why the lack of an international role for the euro matters
  • May 11, 2017
  • Germany rejects IMF’s policy recommendations before they are issued
  • Why Labour is losing
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • April 15, 2020
  • Italy’s coalition disagrees about the ESM
  • April 15, 2019
  • Finland's far right changes the game
  • Brexit party drawing almost even with the Tories
  • April 16, 2018
  • Italy's and Germany's pained response to the Syria attacks
  • On the end of the eurozone's economic honeymoon
  • Why Bulgaria should stay out of the euro
  • Where shall we meet after Brexit?
  • April 20, 2017
  • Don’t bet on Trump turning globalist
  • A note on UK election polls
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 06, 2020
  • A decade that started with a bang
  • What to expect of Spain's next government
  • Divide et impera: Macron's pension reform strategy
  • January 31, 2019
  • EU will play hardball until February 14, and stick to backstop beyond
  • French left and right moves ahead of EP elections
  • Tighten the belts as the economy prepares for landing
  • February 27, 2018
  • Irish transport prepares for Brexit scenarios
  • One last Dutch referendum
  • Is the CDU a conservative party?
  • March 27, 2017
  • Governing formation troubles - Northern Ireland edition
  • Did Trump present Merkel with a bill for Nato?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • September 30, 2019
  • A pyrrhic victory for Kurz
  • Will there really be UK elections?
  • November 19, 2018
  • May’s pushback is kicking in
  • January 08, 2018
  • Getting real on Brexit
  • Macron in China
  • March 02, 2017
  • Juncker's scenarios for Europe
  • EU minimum wages are rising
  • No, the Lords didn’t stop Brexit
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • March 26, 2020
  • Testing and tracking - a recipe for Europe?
  • Diplomacy and the Wuhan virus
  • June 12, 2019
  • What Spain wants from the EU
  • What to focus on in the Brexit procedure, and what not
  • August 28, 2018
  • Urban politics and national crisis - the Irish case
  • How anti-semitism became one of the main issues in British politics
  • November 15, 2017
  • A Christmas bonus for poor Greeks
  • Dim prospects of negotiated de-escalation on Catalonia
  • Macron's favourite to succeed Juncker - first round
  • On sovereignty
  • Gli Azzurri
  • February 03, 2017
  • The Schulz effect is getting huge
  • The post-Brexit boom goes on and on and on
  • A correction on Catalonia
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • November 04, 2019
  • Brexit tactical voting is happening - on both sides
  • Merkel promises 1m charging stations - but doesn't tell us how
  • February 18, 2019
  • How the splits on the left and the right will affect Brexit
  • June 04, 2018
  • German discourse out of control
  • Wait for European disunity on US tariffs
  • September 18, 2017
  • Why Germany cannot lead Europe, let alone the free world
  • Will Macron help to build up Mélenchon?
  • Boris' Coup
  • January 05, 2017
  • French Socialist primaries - old wine in new bottles
  • Le Pen's hard ecu
  • Will Tusk get a second mandate?
  • Themes of 2017
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 06, 2020
  • A decade that started with a bang
  • What to expect of Spain's next government
  • Divide et impera: Macron's pension reform strategy
  • May 14, 2019
  • Trump gives Orbán his blessing
  • Outcome of Belgium's parliament election on Sunday totally open
  • Has Trump really got the economics of trade all wrong?
  • October 01, 2018
  • After the referendum, more turmoil in Macedonia
  • What will happen if the UK parliament votes No?
  • Barnier's no-thanks works much better than a yes-please
  • February 19, 2018
  • SPD divided over grand coalition
  • Wauquiez - the French Trump?
  • Why Brexit will be extremely hard to reverse
  • July 10, 2017
  • EU in self-destruction mode
  • The EU's fault lines
  • Fake News and Fake views
  • December 01, 2016
  • Will Italian expats swing the referendum result?
  • Why we keep on misreading the polls
  • Si vis pactum, para bellum
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • May 01, 2020
  • Germany bans Hezbollah - a likely precedent for the EU
  • As we mourn lives lost, what about lives saved?
  • October 27, 2019
  • German political centre is melting
  • Train drivers in all-out confrontation with Macron
  • Erdogan makes threats again
  • April 24, 2019
  • May's final and biggest gamble
  • Will the EP be Brexit's great parliamentary beneficiary?
  • Can Loiseau fight the far right given her past?
  • October 22, 2018
  • A week of intense political tension in the UK
  • Poland's local elections reveal deeply-split country
  • April 20, 2018
  • Macron at home
  • EU has rejected all UK proposals on Northern Irish border
  • Could there be a Five Star-Forza Italia government?
  • October 19, 2017
  • Germany is softening up over Brexit
  • The French budget and the wealthy
  • Will Borut Pahor win re-election as Slovenian president?
  • April 20, 2017
  • Don’t bet on Trump turning globalist
  • A note on UK election polls
  • October 21, 2016
  • Wallonia says No for the third time
  • Do you remember that Dutch referendum on Ukraine?
  • How narratives are destroying the EU
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • April 15, 2020
  • Italy’s coalition disagrees about the ESM
  • November 29, 2019
  • Macron is doubling down on his Nato stance
  • France accuses Europeans of free riding in the Sahel
  • Beware of the empty chair
  • July 17, 2019
  • The dreaded scenario
  • Meet the Labour no-dealers
  • March 05, 2019
  • The most promising Brexit strategy we have heard yet
  • October 22, 2018
  • A week of intense political tension in the UK
  • Poland's local elections reveal deeply-split country
  • June 11, 2018
  • The end of the G7 - good riddance
  • Macron needs allies for his European agenda
  • Who is going to be the next director-general of the Italian treasury?
  • January 30, 2018
  • Will Puigdemont be Catalan premier today?
  • Some thoughts about the German car industry
  • A short note on Italian coalition maths
  • September 22, 2017
  • The last German polls
  • May 15, 2017
  • SPD and CDU disagree on how to respond to Macron
  • Was Rajoy blackmailed?
  • The rise of the re-leavers
  • January 05, 2017
  • French Socialist primaries - old wine in new bottles
  • Le Pen's hard ecu
  • Will Tusk get a second mandate?
  • Themes of 2017
  • August 30, 2016
  • Brexit facts on the ground
  • Burkinis and Republican primaries
  • The SPD and TTIP
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • May 04, 2020
  • What is and isn't true about the Wuhan lab conspiracies
  • Towards a new government in Ireland
  • March 11, 2020
  • While Italy is in lockdown, Germany allows football matches
  • Ireland grand coalition
  • January 21, 2020
  • A truce over French digital tax and US tariff retaliation - really?
  • Climate crisis faces central banks with radical uncertainty
  • Why strong enforcement rules will be critical in the EU/UK trade agreement
  • December 02, 2019
  • Will pension reform protests spiral out of control?
  • Malta's PM resigns over murder case
  • October 14, 2019
  • What is Turkey's medium-term game?
  • Germany sabotages EIB climate change policies
  • August 27, 2019
  • Remain’s narrowing pathway
  • Macron's diplomatic masterstroke
  • July 04, 2019
  • What will the European Parliament do?
  • May 20, 2019
  • Far right on the march
  • A plot against the EU - a new weapon to stop Le Pen?
  • April 03, 2019
  • Game on
  • Can someone please take the table off-the-table!
  • February 18, 2019
  • How the splits on the left and the right will affect Brexit
  • January 04, 2019
  • Will the AfD become the Dexit party?
  • Romania's corruption problem in the spotlight of its EU presidency
  • November 19, 2018
  • May’s pushback is kicking in
  • October 09, 2018
  • Can Le Pen and Salvini pull it off?
  • The next ten days
  • Don't shoot the social democratic ambulance
  • August 31, 2018
  • How Macron uses the new European divisions at home
  • Macron's eurozone budget is probably a no-go
  • EU edging closer to a Brexit deal
  • July 23, 2018
  • A Watergate affair for Macron?
  • Irish insist hard border is politically impossible
  • June 14, 2018
  • A Labour rebellion, really?
  • May 09, 2018
  • A moment of truth in the Brexit talks
  • A leap of faith, Mr Kierkegaard?
  • April 03, 2018
  • Is the time for Brexit revocation running out?
  • February 26, 2018
  • Angela Merkel's cabinet
  • January 23, 2018
  • Berlusconi is a pro-European once again
  • December 21, 2017
  • Catalonia votes
  • A deputy prime minister resigns
  • Will Gibraltar result in another Irish fudge?
  • Blood, sweat and tears
  • November 20, 2017
  • Showdown over Northern Ireland
  • Castaner and his list confirmed
  • Gennimata to lead the new left alliance
  • Brexit‘s ultimate irony
  • October 19, 2017
  • Germany is softening up over Brexit
  • The French budget and the wealthy
  • Will Borut Pahor win re-election as Slovenian president?
  • September 19, 2017
  • German populist vote - as seen from the outside
  • May's total Brexit power grab
  • August 21, 2017
  • Soft, getting softer
  • Tsipras' chances of a boost
  • On the fallacy of a middle-ground option for the eurozone
  • July 10, 2017
  • EU in self-destruction mode
  • The EU's fault lines
  • Fake News and Fake views
  • June 12, 2017
  • Not strong perhaps, but stable
  • Catalan independence, a mental state
  • May 18, 2017
  • German hard line on Brexit already cracking
  • Spanish parliament rebukes justice minister
  • Kenny's resignation and the likelihood of new elections
  • Getting real about fiscal union
  • April 23, 2017
  • The demise of the AfD has accelerated dramatically
  • On how France will need to confront Germany
  • March 30, 2017
  • How strong is support for Macron, really?
  • Last meeting of a grand coalition
  • The unspectacular departure of an MP
  • March 07, 2017
  • Dinner in Versailles
  • The shape of Brexit financial migration
  • February 14, 2017
  • Elites vs underdogs - French edition
  • A rock on the road to Brexit
  • A short note on politicised forecasting
  • January 25, 2017
  • Good news for the British government
  • January 05, 2017
  • French Socialist primaries - old wine in new bottles
  • Le Pen's hard ecu
  • Will Tusk get a second mandate?
  • Themes of 2017
  • December 09, 2016
  • Why Five Star will gain
  • Ukip to target pro-Remain MPs in Brexit constituencies
  • Rutte plays tough on Ukraine
  • November 21, 2016
  • Merkel IV
  • Erdogan increasingly alienated from the West
  • EU may force a hard Brexit
  • The day after
  • November 02, 2016
  • How not to address the rise in populism
  • German Social Democrats - the defenders of Putin's interests
  • October 18, 2016
  • The self-destruction of Francois Hollande
  • Brexit psychotherapy
  • At least three candidates for the PvdA leadership
  • The unbelievable hypocrisy of Mario Monti
  • October 03, 2016
  • Hard, harder, hardest
  • PSOE cuts its nose to spite its face
  • In defence of Jeremy Corbyn
  • September 19, 2016
  • Unhappy in Bratislava
  • Au nom du peuple
  • Pressure rising towards a hard Brexit
  • September 06, 2016
  • Eliminating the impossible
  • Merkel-Dämmerung
  • August 26, 2016
  • Will the refugee crisis return?
  • Montebourg en avant
  • Moisi on Sarkozy's chances
  • Binary choices
  • August 15, 2016
  • Sarkozy to declare his candidacy
  • Do intra-eurozone current account deficits matter?
  • On the failures of modern macroeconomics
  • July 20, 2016
  • Brexit illusions
  • Ringfencing the refugee deal
  • Electioneering after Nice
  • Saving the world as we know it
  • On inequality in Germany
  • July 11, 2016
  • Towards Brexit outside the EEA
  • On the EU's deteriorating relationship with Russia
  • July 04, 2016
  • Hard women, hard Brexit
  • We'll miss the EU when it's gone
  • June 27, 2016
  • ... 'twere well it were done quickly
  • June 20, 2016
  • Neck and neck once more
  • How to defeat populism
  • June 13, 2016
  • Civil protest against Syriza
  • Protests over labour French labour law continue
  • Spain's politial realignment
  • Duff on Turkey
  • June 10, 2016
  • What after Brexit?
  • The decisive battle of the French left
  • A new era of Italian politics
  • June 08, 2016
  • Getting real on debt relief
  • The re-alignment of the Italian right
  • A critique of Germany's Turkey policy
  • June 07, 2016
  • Neck and neck
  • Germany's new best friends
  • June 06, 2016
  • Leave's lead is widening
  • The significance of Gauck
  • Five Star Movement about to take Rome