Spotlight on Geopolitics

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Two-speed Europe

The decisions agreed upon by EU leaders during the 26th of October summit – the leveraging of EFSP, the “voluntary” 50 percent reduction of Greece’s debt, improved coordination of fiscal policies within the eurozone countries, the appointment of a super-commissioner with fiscal oversight responsibilities – have all been judged as steps in the right direction… » read more

Posted by Florian Pantazi

On the 19th of October, the European Commission has announced in a press release that it will invest 31.7 billion euros into the transport infrastructure of member countries in need. Until now, as the document states, rail and road networks have been developed within the EU on a national basis. Opportunities for interconnectivity have thus… » read more

Posted by Florian Pantazi

According to the laws of aerodynamics, the honey bee is too heavy and its wing shape cannot support it in the air. This, nevertheless, does not prevent it from flying and tirelessly collecting pollen every day, which is the essential raw ingredient in the production of honey. The sovereign debt crisis has provided fodder to… » read more

Posted by Florian Pantazi

Egypt’s Odious Debt Legacy

In an op-ed recently published on Project Syndicate (“Mubarak’s Odious Debts”), Saifedean Ammous, an economics lecturer from Beirut University, calls for the repudiation of the debt accumulated by Egypt during Mubarak’s 30-year rule. He makes a compelling case on behalf of a country experiencing severe social and political problems. Thus, according to Ammous, the public… » read more

Posted by Florian Pantazi

In an unprecedented development, on the 8th of October the three most important business associations in Europe – the French MEDEF, the German BDI and the Italian Confindustria – have launched a joint appeal calling for a deepening of political and economic integration among EU member countries. The business leaders signing the appeal are thus… » read more

Posted by Florian Pantazi