Who'd bet against further EU downgrades?
In the light of zero growth and public disaffection, no one would bet against yet another downgrade of the EU’s rating. If AAA rated Britain left the EU, the rating could fall further. That prospect could make our re-negotiation with Brussels "interesting". It, unexpectedly, strengthens our hand
- 22 December 2013Italy: The bad boy of Euro politics?
Italy should leave the euro. But if it is really insistent that it cannot, it should at least be a bad euro-citizen
- 26 October 2013The German "diktat" and its discontents
The German "diktat" towards austerity is keeping its neighbours afloat. But if Germany changes its mind, all bets are off, and default awaits...
- 31 May 2013Italy has problems - big problems
With Italy we are not just talking about a billion here, a billion there; a monetary and fiscal fix. Italy has problems
- 17 May 2013EU couldn't make it up: Europe could be bankrupted this year
Never cease to be amazed by EU folly
- 11 April 2013Paradise Lost in Cyprus
Welcome to Cyprus. A Greek-Turkish island populated by less than a million, with a high-income economy, suddenly taking over the headlines around the world
- 27 March 2013Cyprus: The ghost of the West yet to come
Cyprus offers a grim glimpse of a possible future for the wider western world
- 19 March 2013Lessons from Cyprus
It doesn’t create a lot of confidence in Europe that tiny little Cyprus, with a GDP less than Vermont, is now causing immense turmoil
- 18 March 2013Down the eurozone rabbit hole: Questions for the UK
Looking at EU summits is a bit like looking through the looking glass but with concerns over a banking union, the question has to be asked - is Dave willing to leave the EU?
- 19 October 2012Augustinian economics: Balanced budgets, but not yet
While rocketing debt and low interest rates need to be dealt with, the time is never quite right to cut spending or let interest rates rise. This is the Augustinian creed
- 16 October 2012The Nobel Prize Committee should resign
The decision to give the prize to the EU also undermines the memories and achievements of previous winners such as Martin Luther King, Liu Xiaobo and Aung San Suu Kyi.
- 12 October 2012Beyond euroscepticism: Time for the alternative
Critics of the flawed euro project have been vindicated but gloating is premature. They need to set out their own vision
- 31 August 2012The Olympics are not a victory for the EU
It would be amusing to see Europhiles declaring that the ‘European Union is the Winning Team’ of the 2012 Olympics if it wasn’t so telling
- 20 August 2012Politicians may be on the beaches but the Euro crisis isn't resting
As it did last summer, the Euro crisis has slipped off the news agenda. Don't be fooled into thinking it's gone on vacation too
- 16 August 2012It's bogus dudes
Is the Libor manipulation a sign of something rotten in the UK system or is it just a symptom of a greater corporatism rotting our economies?
- 29 June 2012