Tag Archives: Euro
Since the advent of the Bretton Woods System when the dollar was issued as an international reserve currency, Europeans especially the French, decried ‘le privilege exorbitant’ of the US. Indeed, the exorbitant privilege was used and misused throughout the 1960s, to pay for Johnson’s New Society and for the Vietnam war. This currency power has […]
The wildfire The Greek folk, after the ECB’s refusal to pump up more money into the Greek economy until the payment of the debt issue is addressed, ran to the ATMs attempting to ‘save’ their savings. Previously the Greek President, Alexis Tsipras, was forced to decree a limitation on the outflow of capital to prevent […]
On the 29th of January, The Representation of the European Commission in the Netherlands organised an expert meeting on ‘Economic coordination in the European Union’. The meeting was organised in cooperation with the Clingendael Institute and &Maes. During this meeting, several experts discussed the successes and failures of the European Semester.