monthly european institute newsletter - london school
TRANSCRIPT
New Head of Institute Prof Paul De Grauwe is taking over the European Institutelsquos leadership in August 2012 from Prof Kevin Featherstone who has been Head of Institute in the last one year Paul said about Kevin Kevin has been the Head of the Institute during the last year Now that his mandate comes to an end we are very grateful for the way he steered the Institute during a period of important new developments Kevin showed a rare capacity for combining efficiency with gentleness His style was leadership with a smile We will miss it We
wish Kevin a refreshing sabbatical year
Thank you Kevin and good luck Paul
Dr Waltraud Schelkle has received a STICERD grant to conduct research on the nexus between financial market development and the welfare state Congratulations
Waltraud
Dr Waltraud Schelkle will be among the organisers of the European Studies Association (EUSA) conference which will take place on 9-11 May 2013 in Baltimore Waltraud will be organising the stream on economics and political economy and would like to encourage colleagues as well as past and current research students to respond to the call for
papers that can be found here
New PhD graduate European Institutelsquos PhD student Bryon Fong successfully defended his dissertation on ―Jurisdictional Blurring European Trends and their Implications for International Relations Theoryrdquo on 6 June The external examiner Prof Georg Sorensen wrote that Bryonlsquos ―fine dissertation develops an original framework which clarifies our understanding of how sovereignty and state citizenship transform in the context of European cooperation and under the influences of
globalization Congratulations Bryon
European Institute Latest
Monthly European Institute Newsletter JulyAugust 2012
Monthly European
Institute Newsletter
European Institute links
European Institute Homepage
Academic Staff Contacts
Administrative Staff Contacts
Inside this issue
EI Latest 1
Arrivals and Departures
2
New Publications
3
Staff News 5
Sixty-second Interview
6
EI in the News 7
Dr Or Raviv will be leaving the European Institute at the end of August Or has been a Fellow in European Political Economy at the European Institute for two academic years since September 2010 For Or Prof Kevin Featherstone said ―he has been an excellent colleague ndash as a teacher I know many students have appreciated his support and advice ndash and he has been very helpful and reliable to the academic and administrative staff We will miss him but we send our
best wishes to him and his family in their next venture Or will be taking up a position as LSE Fellow in Global
Politics at the LSE Government Department Best wishes from all of us Or
Hellenic Observatory Appointments
Prof Yiannis Valinakis has previously spent six months at the Hellenic Observatory as Ministry of Finance Senior Research Fellow and he is now joining the Observatory as a Visiting Senior Fellow from 1 June 2012 to 31 May 2013 He is a Professor of International Relations Jean Monnet Professor of European Diplomacy in the University of Athens and former Deputy Minister of Foreign Affairs (2004-2009) The title of his research will be ―The Energy Springlsquo and its Conflict Potential in the East Mediterranean
Sea A Role for the EU
Dr Adonis Pegasiou is also joining the Hellenic Observatory as Visiting Fellow from June 2012 - March 2014 He will undertake research on ―The Europeanisation of Cypruslsquos economy and the effects at the National Level of European Union (EU) and Economic and Monetary Union (EMU) entry Adonis is a Research Associate in the European University of
Cyprus
Page 2 JulyAugust 2012
Arrivals and Departures
Prof Kevin Featherstone has recently written his new book entitled Europe in Modern Greek History The mean-ing of Europe varies significantly from one national setting to another and this variation is at the heart of the current problems faced by the EU Europe Europeanness and European have been important themes in the history of modern Greece from the establishment of the new state in 1832 to the sovereign debt crisis of 2010 Europe has served as key reference points in questions of identity progress capability legitimation and strategic interest Indeed few nations have experienced Europe with such intensity reacted with so much angst and witnessed effects of such consequence Now in the context of two financial bailouts and the imposition of tough austerity measures it is the euro-zone that is shaking the Greek economy state and society to its roots This turmoil needs to be understood in the context of a sequence of questions and doubts that encompass arts and politics social integration and economic development This volume addresses the complexity of
Greeces relationship with Europe examining its manifestations in culture politics society foreign policy and the economy It deepens our knowledge not only of how modern Greece has reached this point but also of what Europe is what it represents how it may impact domestically and why it may be viewed
differently
Prof Paul De Grauwe has recently published the 9th edition of his book Economics of Monetary Union 9th
Edition Oxford University Press The ninth edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union Paul De Grauwe analyses both the costs and benefits associated with having one currency as well as the practical workings and current issues with the Euro In Part One Paul De Grauwe examines the implications of adopting a common currency assessing the countries benefit from being in the Eurozone members while also questioning whether other parts of the world would gain from monetary unification Part Two of the book looks at the problems of running a monetary union by analysing Europes experience and the issues faced by the European
Central Bank
Paul has also recently published two articles in Science Direct entitled ―Learning to forecast the exchange rate Two competing approaches (co-written with Agnieszka Markiewicz) and
―Animal spirits in the foreign exchange market (co-written with Pablo Rovira Kaltwasser)
Prof Nicholas Barr has written ―Credit crisis and pensions international scope in Bovenberg Lans van Ewijk Casper and Westerhout Ed (eds) The Future of Multi-Pillar Pensions
Cambridge University Press pp 90-141
Page 3 JulyAugust 2012
New Publications
New Publications Page 4
Health Reforms in South East Europe LSEElsquos Dr William Bartlettlsquos new book will be published in August 2012 The book is entitled ―Health Reforms in South East Europe and is co-edited with Bernd Rechel and Jadranka Bozikov published by Palgrave Macmillan as part of their book series New Perspectives on South East
Europe Over the last two decades the countries of South East Europe have engaged in far-reaching reforms of their health systems including reforms of primary and secondary health care new governance and funding arrangements the privatization of health care provision and the introduction of health insurance systems However comparative overviews of reform efforts in this part of Europe have been sorely lacking so far This book addresses this shortage through the analysis of key aspects of health reforms in South East Europe including primary health care hospital care health financing decentralization and the internal and international migration of health workers It provides a comparative analysis of health reforms and health workforce mobility in the region and includes contributions from Bulgaria Croatia Macedonia Montenegro Romania Serbia and Slovenia The book will be of interest to a range of audiences including researchers medical practitioners and
policy-makers
LEQS Publications Four new LEQS publications were published recently as part of the LEQS discussion paper series
LEQS ndash LSE Europe in Question
Nickolas Cherrier ―EU Diplomacy at 27 United in Diversity (LEQS Paper No 48 May
2012)
Michelle Everson ―A Technology of Expertise EU Financial Services Agencies (LEQS
Paper No 49 June 2012)
Sacha Garben ―The Future of Higher Education in Europe The Case for a Stronger Base in
EU Law (LEQS Paper No 50 July 2012)
Anke Hassel and Susanne Luumltz ―Balancing Competition and Cooperation The Statelsquos New
Power in Crisis Management (LEQS Paper No 51 July 2012)
GreeSE Papers
The Hellenic Observatory has published its two latest GreeSE Papers
GreeSE Paper-60 Nicos Christodoulakis Currency crisis and collapse in interwar Greece
Predicament or Policy Failure July 2012
GreeSE Paper-61 Helen Caraveli and Efthymios G Tsionas Economic Restructuring
Crises and the Regions The Political Economy of Regional Inequalities in Greece August
2012
European Institutelsquos PhD student Joseph Downing is contributing to a report by the Maytree Foundation which will be published in September entitled ―Mediating between communities using religion The case of Marseille Hopelsquo in Good Ideas from Successful Cities Municipal Leadership in Immigrant Integrationrdquo Maytree Foundation September 2012 Joseph has also written an article to the Maytree Foundation August newsletter lsquoCities of Migrationlsquo entitled ―Creating a European Capital for all Marseille Provence 2013rdquo
Staff News Page 5
Prof Kevin Featherstone is taking part in the Economist Conference 16th Roundtable with the Government of Greece ―Transforming uncertainty into stability wisdom and growth in Athens on 2-3
July Dr Jan Komaacuterek is co-organizing and teaching at the summer school entitled European Law A View from the Mountain which takes place between 2-15 July in the Krkonoše National Park in the Czech Republic Students from all corners of Europe participate in the programme where academics from LSE Leiden Cambridge Oxford or Nova Gorica teach on various aspects of EU law and poli-
tics LSEElsquos Dr William Bartlett is presenting a paper on Economic and social development in the European neighbourhood EU policies and instruments at a conference of the 5th International Black Sea Symposium organised by the International Centre for Black Sea Studies in Athens on 3
July William is also participating as a discussant at the EDIF Policy Assessment Meeting of the Western Balkan Enterprise Development and Innovation Facility (EDIF) on proposed reforms to improve the business climate for small and medium-sized enterprises (SME) in the Western Balkans The aim of the meeting is to identify future reform priorities to be supported by a new regional project The meeting organised by the European Commission and the OECD Investment Compact
for South East Europe will be held at the OECD Headquarters in Paris on 5 July Dr Jan Komaacuterek is co-organising a summer school in advanced issues of EU law entitled EU Law A View from the Mountain which is taking place between 2-14 July in Krkonoše in the Czech Republic Distinguished lectures will be given by Prof Damian Chalmers and the ECJ Advocate General Eleanor Sharpston Other lecturers include scholars from universities of Cambridge Leiden
and others Prof Paul De Grauwe is presenting a paper on the ―Governance of the Eurozone in Oxford for the Policy Network during a conference on American progressive-liberalism and European social
democracy on 2-3 July Prof Paul De Grauwe is also giving a lecture in Bologna on the ―Fragility of the Eurozone on 6 July Dr Marco Simoni is presenting his new book on the causes of Italian economic decline with Fabrizio
Barca Minister for Territorial Cohesion and Antonio Polito from the Corriere della Sera on 10 July Dr Sara Hagemann is participating in a House of Commons Foreign Affairs Committee meeting to
give evidence on transparency in EU policy-making on 10 July EIlsquos Visiting Senior Fellow Anthony Teasdale is addressing postgraduate students visiting Brussels from the American University Washington DC on ―Politics and Power in the European Parliament
2012-14 on 11 July Prof Paul De Grauwe is giving a keynote lecture in Vienna at a workshop organised by the Austrian
Institute of Economic Research on 12 July LSEElsquos Dr William Bartlettis delivering two lectures at the 15th Annual Summer School of Economics held at the Institute of Economic Sciences Belgrade on 16-20 July The school is for students and young leaders from the Western Balkans The theme of the Summer School is Implementation of economic policies during the crisis -lessons learned and recommendations Willlsquos lectures will be on Austerity and growth policies in the eurozone and The economic effects of the crisis on the
Western Balkans On 16 July Prof Nicholas Barr is giving a keynote lecture on ―Financing higher education Mobility quality and access at a conference on Cross-Border Mobility of Students and Researchers Financing and Implications for Economic Efficiency and Growth at the CESifo Venice Summer
Institute
Dr Sara Hagemann is participating in a debate on transparency in legislative politics at an event
organised by Transparency International Copenhagen Office on 17 August EIlsquos PhD student Tim Vlandas is presenting a paper The Politics of In‐work benefits the case of the ―Active Income of Solidarity in France at the Conference on Integrated Employment and Activation Policies in a Multilevel Welfare System on 30-31 August at Bocconi University Milan On 30 August Dr Marco Simoni is talking on a round table discussion entitled ldquoLooking into the Abyss Democracy and Economic Crisis in Southern Europe at the 2012 Annual Meeting of the
American Political Science Association
hellip with Dr Or Raviv LSE Fellow in European Political Economy European Institute (2012-2012)
Or you will very sadly be leaving the LSE European Institute soon What are your next steps Where will we find you in the future OR If you wish to find me next year you wonlsquot have to travel far as I am only going as far as across the street Ilsquove recently accepted a position as an LSE Fellow in Global Politics at the LSE Government Department While Ilsquom very sad to be leaving the European Institute staying at the LSE has always been my first choice and Ilsquom delighted that this has worked out
You have been at the European Institute as an LSE Fellow in European Political Economy for two years Whatrsquos the greatest experience yoursquove gained and what will you miss the most OR Without a doubt what I will miss most is the many conversations Ilsquove had with European Institute students especially informally out of class during feedback sessions or a t t he Cumber land Lo dge workshop Ilsquove often found the c o n v e r s a t i o n s w e lsquo v e h a d extremely challenging and inspiring I can only hope the European
Political Economy cohort of students in particular have found these experiences as rewarding as I
did
What advice would you give to this years class of graduating students Throughout the year (especially during exams period) I hope most of you have come to realise that the greatest resources at your disposal is not to be found in the corridors of the European Institute or even at the library ndash it is in fact your fellow students who have helped you through this challenging year facing various daunting tasks such as group essays joint presentations exam preparations and more Now that you are graduating and going back out into the real worldlsquo I hope you would keep in touch with one another and build lasting relationships with friends youlsquove acquired this year You might not know it just yet but the future captains of industry government and the EU institutions have probably sat next to you during one seminar or another this year Oh
yes and always wear sunscreen
Staff News
Page 6 Monthly European Institute Newsletter
Sixty-second Interview
Are you looking forward to having more time to yourself to explore a hobby or an activity yoursquove always wanted to do or spend more time with your wife and young son (pictured in previous page) OR Finding more free time for hobbies and other activities (like walking my dog through the fields of West Sussex or going to the park with my two-year old son) does sound great but sadly I doubt very much that the pace at the Government Department next year will be any slower or less busy than this year at the EI One day soon however when my son is a little older I hope to be able to take some time off and take the family travelling through South America My dream is that we stay and volunteer for a while as a family in one of the many biodiversity or community involvement projects running in the Amazonas Rain Forest ndash a guy can only dream no
Do you have any plans to move back to your home country Israel at all OR I donlsquot have any such plans at the foreseeable future although never say never We have lived in the UK for nearly a decade now and have grown very fond of life here In particular I must note the weather and fluorescent mushy peas (the glow in the dark kind you get with your fish and chipshellip) as two things I can hardly see myself doing without after living here so long )
What book do you wish yoursquod written OR Ilsquove always been particularly envious of an Australian novelist by the name of Max Barry (Jennifer Government is probably his best known book) The beauty about his work is that it is every bit as insightful into the dynamics of global political economy as the work produced by us academics ndash only he neednlsquot bother about empirical data social theory or any of that nonsense his main tool of the trade is a great sense of humourhellip
What is the most dangerous thing you have ever done OR Thatlsquos an easy one Becoming a dad Every day since Amir was born there is a new reason to get extremely worried about ndash I think someone should do a serious study on the relationship between fatherhood and heart disease ndash every time he tries to climb down the stairs I nearly suffer a heart attack The day helsquoll start going out and asking for the car will surely be my last
Sixty-second Interview
Page 7 Monthly European Institute Newsletter
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
Dr Or Raviv will be leaving the European Institute at the end of August Or has been a Fellow in European Political Economy at the European Institute for two academic years since September 2010 For Or Prof Kevin Featherstone said ―he has been an excellent colleague ndash as a teacher I know many students have appreciated his support and advice ndash and he has been very helpful and reliable to the academic and administrative staff We will miss him but we send our
best wishes to him and his family in their next venture Or will be taking up a position as LSE Fellow in Global
Politics at the LSE Government Department Best wishes from all of us Or
Hellenic Observatory Appointments
Prof Yiannis Valinakis has previously spent six months at the Hellenic Observatory as Ministry of Finance Senior Research Fellow and he is now joining the Observatory as a Visiting Senior Fellow from 1 June 2012 to 31 May 2013 He is a Professor of International Relations Jean Monnet Professor of European Diplomacy in the University of Athens and former Deputy Minister of Foreign Affairs (2004-2009) The title of his research will be ―The Energy Springlsquo and its Conflict Potential in the East Mediterranean
Sea A Role for the EU
Dr Adonis Pegasiou is also joining the Hellenic Observatory as Visiting Fellow from June 2012 - March 2014 He will undertake research on ―The Europeanisation of Cypruslsquos economy and the effects at the National Level of European Union (EU) and Economic and Monetary Union (EMU) entry Adonis is a Research Associate in the European University of
Cyprus
Page 2 JulyAugust 2012
Arrivals and Departures
Prof Kevin Featherstone has recently written his new book entitled Europe in Modern Greek History The mean-ing of Europe varies significantly from one national setting to another and this variation is at the heart of the current problems faced by the EU Europe Europeanness and European have been important themes in the history of modern Greece from the establishment of the new state in 1832 to the sovereign debt crisis of 2010 Europe has served as key reference points in questions of identity progress capability legitimation and strategic interest Indeed few nations have experienced Europe with such intensity reacted with so much angst and witnessed effects of such consequence Now in the context of two financial bailouts and the imposition of tough austerity measures it is the euro-zone that is shaking the Greek economy state and society to its roots This turmoil needs to be understood in the context of a sequence of questions and doubts that encompass arts and politics social integration and economic development This volume addresses the complexity of
Greeces relationship with Europe examining its manifestations in culture politics society foreign policy and the economy It deepens our knowledge not only of how modern Greece has reached this point but also of what Europe is what it represents how it may impact domestically and why it may be viewed
differently
Prof Paul De Grauwe has recently published the 9th edition of his book Economics of Monetary Union 9th
Edition Oxford University Press The ninth edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union Paul De Grauwe analyses both the costs and benefits associated with having one currency as well as the practical workings and current issues with the Euro In Part One Paul De Grauwe examines the implications of adopting a common currency assessing the countries benefit from being in the Eurozone members while also questioning whether other parts of the world would gain from monetary unification Part Two of the book looks at the problems of running a monetary union by analysing Europes experience and the issues faced by the European
Central Bank
Paul has also recently published two articles in Science Direct entitled ―Learning to forecast the exchange rate Two competing approaches (co-written with Agnieszka Markiewicz) and
―Animal spirits in the foreign exchange market (co-written with Pablo Rovira Kaltwasser)
Prof Nicholas Barr has written ―Credit crisis and pensions international scope in Bovenberg Lans van Ewijk Casper and Westerhout Ed (eds) The Future of Multi-Pillar Pensions
Cambridge University Press pp 90-141
Page 3 JulyAugust 2012
New Publications
New Publications Page 4
Health Reforms in South East Europe LSEElsquos Dr William Bartlettlsquos new book will be published in August 2012 The book is entitled ―Health Reforms in South East Europe and is co-edited with Bernd Rechel and Jadranka Bozikov published by Palgrave Macmillan as part of their book series New Perspectives on South East
Europe Over the last two decades the countries of South East Europe have engaged in far-reaching reforms of their health systems including reforms of primary and secondary health care new governance and funding arrangements the privatization of health care provision and the introduction of health insurance systems However comparative overviews of reform efforts in this part of Europe have been sorely lacking so far This book addresses this shortage through the analysis of key aspects of health reforms in South East Europe including primary health care hospital care health financing decentralization and the internal and international migration of health workers It provides a comparative analysis of health reforms and health workforce mobility in the region and includes contributions from Bulgaria Croatia Macedonia Montenegro Romania Serbia and Slovenia The book will be of interest to a range of audiences including researchers medical practitioners and
policy-makers
LEQS Publications Four new LEQS publications were published recently as part of the LEQS discussion paper series
LEQS ndash LSE Europe in Question
Nickolas Cherrier ―EU Diplomacy at 27 United in Diversity (LEQS Paper No 48 May
2012)
Michelle Everson ―A Technology of Expertise EU Financial Services Agencies (LEQS
Paper No 49 June 2012)
Sacha Garben ―The Future of Higher Education in Europe The Case for a Stronger Base in
EU Law (LEQS Paper No 50 July 2012)
Anke Hassel and Susanne Luumltz ―Balancing Competition and Cooperation The Statelsquos New
Power in Crisis Management (LEQS Paper No 51 July 2012)
GreeSE Papers
The Hellenic Observatory has published its two latest GreeSE Papers
GreeSE Paper-60 Nicos Christodoulakis Currency crisis and collapse in interwar Greece
Predicament or Policy Failure July 2012
GreeSE Paper-61 Helen Caraveli and Efthymios G Tsionas Economic Restructuring
Crises and the Regions The Political Economy of Regional Inequalities in Greece August
2012
European Institutelsquos PhD student Joseph Downing is contributing to a report by the Maytree Foundation which will be published in September entitled ―Mediating between communities using religion The case of Marseille Hopelsquo in Good Ideas from Successful Cities Municipal Leadership in Immigrant Integrationrdquo Maytree Foundation September 2012 Joseph has also written an article to the Maytree Foundation August newsletter lsquoCities of Migrationlsquo entitled ―Creating a European Capital for all Marseille Provence 2013rdquo
Staff News Page 5
Prof Kevin Featherstone is taking part in the Economist Conference 16th Roundtable with the Government of Greece ―Transforming uncertainty into stability wisdom and growth in Athens on 2-3
July Dr Jan Komaacuterek is co-organizing and teaching at the summer school entitled European Law A View from the Mountain which takes place between 2-15 July in the Krkonoše National Park in the Czech Republic Students from all corners of Europe participate in the programme where academics from LSE Leiden Cambridge Oxford or Nova Gorica teach on various aspects of EU law and poli-
tics LSEElsquos Dr William Bartlett is presenting a paper on Economic and social development in the European neighbourhood EU policies and instruments at a conference of the 5th International Black Sea Symposium organised by the International Centre for Black Sea Studies in Athens on 3
July William is also participating as a discussant at the EDIF Policy Assessment Meeting of the Western Balkan Enterprise Development and Innovation Facility (EDIF) on proposed reforms to improve the business climate for small and medium-sized enterprises (SME) in the Western Balkans The aim of the meeting is to identify future reform priorities to be supported by a new regional project The meeting organised by the European Commission and the OECD Investment Compact
for South East Europe will be held at the OECD Headquarters in Paris on 5 July Dr Jan Komaacuterek is co-organising a summer school in advanced issues of EU law entitled EU Law A View from the Mountain which is taking place between 2-14 July in Krkonoše in the Czech Republic Distinguished lectures will be given by Prof Damian Chalmers and the ECJ Advocate General Eleanor Sharpston Other lecturers include scholars from universities of Cambridge Leiden
and others Prof Paul De Grauwe is presenting a paper on the ―Governance of the Eurozone in Oxford for the Policy Network during a conference on American progressive-liberalism and European social
democracy on 2-3 July Prof Paul De Grauwe is also giving a lecture in Bologna on the ―Fragility of the Eurozone on 6 July Dr Marco Simoni is presenting his new book on the causes of Italian economic decline with Fabrizio
Barca Minister for Territorial Cohesion and Antonio Polito from the Corriere della Sera on 10 July Dr Sara Hagemann is participating in a House of Commons Foreign Affairs Committee meeting to
give evidence on transparency in EU policy-making on 10 July EIlsquos Visiting Senior Fellow Anthony Teasdale is addressing postgraduate students visiting Brussels from the American University Washington DC on ―Politics and Power in the European Parliament
2012-14 on 11 July Prof Paul De Grauwe is giving a keynote lecture in Vienna at a workshop organised by the Austrian
Institute of Economic Research on 12 July LSEElsquos Dr William Bartlettis delivering two lectures at the 15th Annual Summer School of Economics held at the Institute of Economic Sciences Belgrade on 16-20 July The school is for students and young leaders from the Western Balkans The theme of the Summer School is Implementation of economic policies during the crisis -lessons learned and recommendations Willlsquos lectures will be on Austerity and growth policies in the eurozone and The economic effects of the crisis on the
Western Balkans On 16 July Prof Nicholas Barr is giving a keynote lecture on ―Financing higher education Mobility quality and access at a conference on Cross-Border Mobility of Students and Researchers Financing and Implications for Economic Efficiency and Growth at the CESifo Venice Summer
Institute
Dr Sara Hagemann is participating in a debate on transparency in legislative politics at an event
organised by Transparency International Copenhagen Office on 17 August EIlsquos PhD student Tim Vlandas is presenting a paper The Politics of In‐work benefits the case of the ―Active Income of Solidarity in France at the Conference on Integrated Employment and Activation Policies in a Multilevel Welfare System on 30-31 August at Bocconi University Milan On 30 August Dr Marco Simoni is talking on a round table discussion entitled ldquoLooking into the Abyss Democracy and Economic Crisis in Southern Europe at the 2012 Annual Meeting of the
American Political Science Association
hellip with Dr Or Raviv LSE Fellow in European Political Economy European Institute (2012-2012)
Or you will very sadly be leaving the LSE European Institute soon What are your next steps Where will we find you in the future OR If you wish to find me next year you wonlsquot have to travel far as I am only going as far as across the street Ilsquove recently accepted a position as an LSE Fellow in Global Politics at the LSE Government Department While Ilsquom very sad to be leaving the European Institute staying at the LSE has always been my first choice and Ilsquom delighted that this has worked out
You have been at the European Institute as an LSE Fellow in European Political Economy for two years Whatrsquos the greatest experience yoursquove gained and what will you miss the most OR Without a doubt what I will miss most is the many conversations Ilsquove had with European Institute students especially informally out of class during feedback sessions or a t t he Cumber land Lo dge workshop Ilsquove often found the c o n v e r s a t i o n s w e lsquo v e h a d extremely challenging and inspiring I can only hope the European
Political Economy cohort of students in particular have found these experiences as rewarding as I
did
What advice would you give to this years class of graduating students Throughout the year (especially during exams period) I hope most of you have come to realise that the greatest resources at your disposal is not to be found in the corridors of the European Institute or even at the library ndash it is in fact your fellow students who have helped you through this challenging year facing various daunting tasks such as group essays joint presentations exam preparations and more Now that you are graduating and going back out into the real worldlsquo I hope you would keep in touch with one another and build lasting relationships with friends youlsquove acquired this year You might not know it just yet but the future captains of industry government and the EU institutions have probably sat next to you during one seminar or another this year Oh
yes and always wear sunscreen
Staff News
Page 6 Monthly European Institute Newsletter
Sixty-second Interview
Are you looking forward to having more time to yourself to explore a hobby or an activity yoursquove always wanted to do or spend more time with your wife and young son (pictured in previous page) OR Finding more free time for hobbies and other activities (like walking my dog through the fields of West Sussex or going to the park with my two-year old son) does sound great but sadly I doubt very much that the pace at the Government Department next year will be any slower or less busy than this year at the EI One day soon however when my son is a little older I hope to be able to take some time off and take the family travelling through South America My dream is that we stay and volunteer for a while as a family in one of the many biodiversity or community involvement projects running in the Amazonas Rain Forest ndash a guy can only dream no
Do you have any plans to move back to your home country Israel at all OR I donlsquot have any such plans at the foreseeable future although never say never We have lived in the UK for nearly a decade now and have grown very fond of life here In particular I must note the weather and fluorescent mushy peas (the glow in the dark kind you get with your fish and chipshellip) as two things I can hardly see myself doing without after living here so long )
What book do you wish yoursquod written OR Ilsquove always been particularly envious of an Australian novelist by the name of Max Barry (Jennifer Government is probably his best known book) The beauty about his work is that it is every bit as insightful into the dynamics of global political economy as the work produced by us academics ndash only he neednlsquot bother about empirical data social theory or any of that nonsense his main tool of the trade is a great sense of humourhellip
What is the most dangerous thing you have ever done OR Thatlsquos an easy one Becoming a dad Every day since Amir was born there is a new reason to get extremely worried about ndash I think someone should do a serious study on the relationship between fatherhood and heart disease ndash every time he tries to climb down the stairs I nearly suffer a heart attack The day helsquoll start going out and asking for the car will surely be my last
Sixty-second Interview
Page 7 Monthly European Institute Newsletter
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
Prof Kevin Featherstone has recently written his new book entitled Europe in Modern Greek History The mean-ing of Europe varies significantly from one national setting to another and this variation is at the heart of the current problems faced by the EU Europe Europeanness and European have been important themes in the history of modern Greece from the establishment of the new state in 1832 to the sovereign debt crisis of 2010 Europe has served as key reference points in questions of identity progress capability legitimation and strategic interest Indeed few nations have experienced Europe with such intensity reacted with so much angst and witnessed effects of such consequence Now in the context of two financial bailouts and the imposition of tough austerity measures it is the euro-zone that is shaking the Greek economy state and society to its roots This turmoil needs to be understood in the context of a sequence of questions and doubts that encompass arts and politics social integration and economic development This volume addresses the complexity of
Greeces relationship with Europe examining its manifestations in culture politics society foreign policy and the economy It deepens our knowledge not only of how modern Greece has reached this point but also of what Europe is what it represents how it may impact domestically and why it may be viewed
differently
Prof Paul De Grauwe has recently published the 9th edition of his book Economics of Monetary Union 9th
Edition Oxford University Press The ninth edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union Paul De Grauwe analyses both the costs and benefits associated with having one currency as well as the practical workings and current issues with the Euro In Part One Paul De Grauwe examines the implications of adopting a common currency assessing the countries benefit from being in the Eurozone members while also questioning whether other parts of the world would gain from monetary unification Part Two of the book looks at the problems of running a monetary union by analysing Europes experience and the issues faced by the European
Central Bank
Paul has also recently published two articles in Science Direct entitled ―Learning to forecast the exchange rate Two competing approaches (co-written with Agnieszka Markiewicz) and
―Animal spirits in the foreign exchange market (co-written with Pablo Rovira Kaltwasser)
Prof Nicholas Barr has written ―Credit crisis and pensions international scope in Bovenberg Lans van Ewijk Casper and Westerhout Ed (eds) The Future of Multi-Pillar Pensions
Cambridge University Press pp 90-141
Page 3 JulyAugust 2012
New Publications
New Publications Page 4
Health Reforms in South East Europe LSEElsquos Dr William Bartlettlsquos new book will be published in August 2012 The book is entitled ―Health Reforms in South East Europe and is co-edited with Bernd Rechel and Jadranka Bozikov published by Palgrave Macmillan as part of their book series New Perspectives on South East
Europe Over the last two decades the countries of South East Europe have engaged in far-reaching reforms of their health systems including reforms of primary and secondary health care new governance and funding arrangements the privatization of health care provision and the introduction of health insurance systems However comparative overviews of reform efforts in this part of Europe have been sorely lacking so far This book addresses this shortage through the analysis of key aspects of health reforms in South East Europe including primary health care hospital care health financing decentralization and the internal and international migration of health workers It provides a comparative analysis of health reforms and health workforce mobility in the region and includes contributions from Bulgaria Croatia Macedonia Montenegro Romania Serbia and Slovenia The book will be of interest to a range of audiences including researchers medical practitioners and
policy-makers
LEQS Publications Four new LEQS publications were published recently as part of the LEQS discussion paper series
LEQS ndash LSE Europe in Question
Nickolas Cherrier ―EU Diplomacy at 27 United in Diversity (LEQS Paper No 48 May
2012)
Michelle Everson ―A Technology of Expertise EU Financial Services Agencies (LEQS
Paper No 49 June 2012)
Sacha Garben ―The Future of Higher Education in Europe The Case for a Stronger Base in
EU Law (LEQS Paper No 50 July 2012)
Anke Hassel and Susanne Luumltz ―Balancing Competition and Cooperation The Statelsquos New
Power in Crisis Management (LEQS Paper No 51 July 2012)
GreeSE Papers
The Hellenic Observatory has published its two latest GreeSE Papers
GreeSE Paper-60 Nicos Christodoulakis Currency crisis and collapse in interwar Greece
Predicament or Policy Failure July 2012
GreeSE Paper-61 Helen Caraveli and Efthymios G Tsionas Economic Restructuring
Crises and the Regions The Political Economy of Regional Inequalities in Greece August
2012
European Institutelsquos PhD student Joseph Downing is contributing to a report by the Maytree Foundation which will be published in September entitled ―Mediating between communities using religion The case of Marseille Hopelsquo in Good Ideas from Successful Cities Municipal Leadership in Immigrant Integrationrdquo Maytree Foundation September 2012 Joseph has also written an article to the Maytree Foundation August newsletter lsquoCities of Migrationlsquo entitled ―Creating a European Capital for all Marseille Provence 2013rdquo
Staff News Page 5
Prof Kevin Featherstone is taking part in the Economist Conference 16th Roundtable with the Government of Greece ―Transforming uncertainty into stability wisdom and growth in Athens on 2-3
July Dr Jan Komaacuterek is co-organizing and teaching at the summer school entitled European Law A View from the Mountain which takes place between 2-15 July in the Krkonoše National Park in the Czech Republic Students from all corners of Europe participate in the programme where academics from LSE Leiden Cambridge Oxford or Nova Gorica teach on various aspects of EU law and poli-
tics LSEElsquos Dr William Bartlett is presenting a paper on Economic and social development in the European neighbourhood EU policies and instruments at a conference of the 5th International Black Sea Symposium organised by the International Centre for Black Sea Studies in Athens on 3
July William is also participating as a discussant at the EDIF Policy Assessment Meeting of the Western Balkan Enterprise Development and Innovation Facility (EDIF) on proposed reforms to improve the business climate for small and medium-sized enterprises (SME) in the Western Balkans The aim of the meeting is to identify future reform priorities to be supported by a new regional project The meeting organised by the European Commission and the OECD Investment Compact
for South East Europe will be held at the OECD Headquarters in Paris on 5 July Dr Jan Komaacuterek is co-organising a summer school in advanced issues of EU law entitled EU Law A View from the Mountain which is taking place between 2-14 July in Krkonoše in the Czech Republic Distinguished lectures will be given by Prof Damian Chalmers and the ECJ Advocate General Eleanor Sharpston Other lecturers include scholars from universities of Cambridge Leiden
and others Prof Paul De Grauwe is presenting a paper on the ―Governance of the Eurozone in Oxford for the Policy Network during a conference on American progressive-liberalism and European social
democracy on 2-3 July Prof Paul De Grauwe is also giving a lecture in Bologna on the ―Fragility of the Eurozone on 6 July Dr Marco Simoni is presenting his new book on the causes of Italian economic decline with Fabrizio
Barca Minister for Territorial Cohesion and Antonio Polito from the Corriere della Sera on 10 July Dr Sara Hagemann is participating in a House of Commons Foreign Affairs Committee meeting to
give evidence on transparency in EU policy-making on 10 July EIlsquos Visiting Senior Fellow Anthony Teasdale is addressing postgraduate students visiting Brussels from the American University Washington DC on ―Politics and Power in the European Parliament
2012-14 on 11 July Prof Paul De Grauwe is giving a keynote lecture in Vienna at a workshop organised by the Austrian
Institute of Economic Research on 12 July LSEElsquos Dr William Bartlettis delivering two lectures at the 15th Annual Summer School of Economics held at the Institute of Economic Sciences Belgrade on 16-20 July The school is for students and young leaders from the Western Balkans The theme of the Summer School is Implementation of economic policies during the crisis -lessons learned and recommendations Willlsquos lectures will be on Austerity and growth policies in the eurozone and The economic effects of the crisis on the
Western Balkans On 16 July Prof Nicholas Barr is giving a keynote lecture on ―Financing higher education Mobility quality and access at a conference on Cross-Border Mobility of Students and Researchers Financing and Implications for Economic Efficiency and Growth at the CESifo Venice Summer
Institute
Dr Sara Hagemann is participating in a debate on transparency in legislative politics at an event
organised by Transparency International Copenhagen Office on 17 August EIlsquos PhD student Tim Vlandas is presenting a paper The Politics of In‐work benefits the case of the ―Active Income of Solidarity in France at the Conference on Integrated Employment and Activation Policies in a Multilevel Welfare System on 30-31 August at Bocconi University Milan On 30 August Dr Marco Simoni is talking on a round table discussion entitled ldquoLooking into the Abyss Democracy and Economic Crisis in Southern Europe at the 2012 Annual Meeting of the
American Political Science Association
hellip with Dr Or Raviv LSE Fellow in European Political Economy European Institute (2012-2012)
Or you will very sadly be leaving the LSE European Institute soon What are your next steps Where will we find you in the future OR If you wish to find me next year you wonlsquot have to travel far as I am only going as far as across the street Ilsquove recently accepted a position as an LSE Fellow in Global Politics at the LSE Government Department While Ilsquom very sad to be leaving the European Institute staying at the LSE has always been my first choice and Ilsquom delighted that this has worked out
You have been at the European Institute as an LSE Fellow in European Political Economy for two years Whatrsquos the greatest experience yoursquove gained and what will you miss the most OR Without a doubt what I will miss most is the many conversations Ilsquove had with European Institute students especially informally out of class during feedback sessions or a t t he Cumber land Lo dge workshop Ilsquove often found the c o n v e r s a t i o n s w e lsquo v e h a d extremely challenging and inspiring I can only hope the European
Political Economy cohort of students in particular have found these experiences as rewarding as I
did
What advice would you give to this years class of graduating students Throughout the year (especially during exams period) I hope most of you have come to realise that the greatest resources at your disposal is not to be found in the corridors of the European Institute or even at the library ndash it is in fact your fellow students who have helped you through this challenging year facing various daunting tasks such as group essays joint presentations exam preparations and more Now that you are graduating and going back out into the real worldlsquo I hope you would keep in touch with one another and build lasting relationships with friends youlsquove acquired this year You might not know it just yet but the future captains of industry government and the EU institutions have probably sat next to you during one seminar or another this year Oh
yes and always wear sunscreen
Staff News
Page 6 Monthly European Institute Newsletter
Sixty-second Interview
Are you looking forward to having more time to yourself to explore a hobby or an activity yoursquove always wanted to do or spend more time with your wife and young son (pictured in previous page) OR Finding more free time for hobbies and other activities (like walking my dog through the fields of West Sussex or going to the park with my two-year old son) does sound great but sadly I doubt very much that the pace at the Government Department next year will be any slower or less busy than this year at the EI One day soon however when my son is a little older I hope to be able to take some time off and take the family travelling through South America My dream is that we stay and volunteer for a while as a family in one of the many biodiversity or community involvement projects running in the Amazonas Rain Forest ndash a guy can only dream no
Do you have any plans to move back to your home country Israel at all OR I donlsquot have any such plans at the foreseeable future although never say never We have lived in the UK for nearly a decade now and have grown very fond of life here In particular I must note the weather and fluorescent mushy peas (the glow in the dark kind you get with your fish and chipshellip) as two things I can hardly see myself doing without after living here so long )
What book do you wish yoursquod written OR Ilsquove always been particularly envious of an Australian novelist by the name of Max Barry (Jennifer Government is probably his best known book) The beauty about his work is that it is every bit as insightful into the dynamics of global political economy as the work produced by us academics ndash only he neednlsquot bother about empirical data social theory or any of that nonsense his main tool of the trade is a great sense of humourhellip
What is the most dangerous thing you have ever done OR Thatlsquos an easy one Becoming a dad Every day since Amir was born there is a new reason to get extremely worried about ndash I think someone should do a serious study on the relationship between fatherhood and heart disease ndash every time he tries to climb down the stairs I nearly suffer a heart attack The day helsquoll start going out and asking for the car will surely be my last
Sixty-second Interview
Page 7 Monthly European Institute Newsletter
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
New Publications Page 4
Health Reforms in South East Europe LSEElsquos Dr William Bartlettlsquos new book will be published in August 2012 The book is entitled ―Health Reforms in South East Europe and is co-edited with Bernd Rechel and Jadranka Bozikov published by Palgrave Macmillan as part of their book series New Perspectives on South East
Europe Over the last two decades the countries of South East Europe have engaged in far-reaching reforms of their health systems including reforms of primary and secondary health care new governance and funding arrangements the privatization of health care provision and the introduction of health insurance systems However comparative overviews of reform efforts in this part of Europe have been sorely lacking so far This book addresses this shortage through the analysis of key aspects of health reforms in South East Europe including primary health care hospital care health financing decentralization and the internal and international migration of health workers It provides a comparative analysis of health reforms and health workforce mobility in the region and includes contributions from Bulgaria Croatia Macedonia Montenegro Romania Serbia and Slovenia The book will be of interest to a range of audiences including researchers medical practitioners and
policy-makers
LEQS Publications Four new LEQS publications were published recently as part of the LEQS discussion paper series
LEQS ndash LSE Europe in Question
Nickolas Cherrier ―EU Diplomacy at 27 United in Diversity (LEQS Paper No 48 May
2012)
Michelle Everson ―A Technology of Expertise EU Financial Services Agencies (LEQS
Paper No 49 June 2012)
Sacha Garben ―The Future of Higher Education in Europe The Case for a Stronger Base in
EU Law (LEQS Paper No 50 July 2012)
Anke Hassel and Susanne Luumltz ―Balancing Competition and Cooperation The Statelsquos New
Power in Crisis Management (LEQS Paper No 51 July 2012)
GreeSE Papers
The Hellenic Observatory has published its two latest GreeSE Papers
GreeSE Paper-60 Nicos Christodoulakis Currency crisis and collapse in interwar Greece
Predicament or Policy Failure July 2012
GreeSE Paper-61 Helen Caraveli and Efthymios G Tsionas Economic Restructuring
Crises and the Regions The Political Economy of Regional Inequalities in Greece August
2012
European Institutelsquos PhD student Joseph Downing is contributing to a report by the Maytree Foundation which will be published in September entitled ―Mediating between communities using religion The case of Marseille Hopelsquo in Good Ideas from Successful Cities Municipal Leadership in Immigrant Integrationrdquo Maytree Foundation September 2012 Joseph has also written an article to the Maytree Foundation August newsletter lsquoCities of Migrationlsquo entitled ―Creating a European Capital for all Marseille Provence 2013rdquo
Staff News Page 5
Prof Kevin Featherstone is taking part in the Economist Conference 16th Roundtable with the Government of Greece ―Transforming uncertainty into stability wisdom and growth in Athens on 2-3
July Dr Jan Komaacuterek is co-organizing and teaching at the summer school entitled European Law A View from the Mountain which takes place between 2-15 July in the Krkonoše National Park in the Czech Republic Students from all corners of Europe participate in the programme where academics from LSE Leiden Cambridge Oxford or Nova Gorica teach on various aspects of EU law and poli-
tics LSEElsquos Dr William Bartlett is presenting a paper on Economic and social development in the European neighbourhood EU policies and instruments at a conference of the 5th International Black Sea Symposium organised by the International Centre for Black Sea Studies in Athens on 3
July William is also participating as a discussant at the EDIF Policy Assessment Meeting of the Western Balkan Enterprise Development and Innovation Facility (EDIF) on proposed reforms to improve the business climate for small and medium-sized enterprises (SME) in the Western Balkans The aim of the meeting is to identify future reform priorities to be supported by a new regional project The meeting organised by the European Commission and the OECD Investment Compact
for South East Europe will be held at the OECD Headquarters in Paris on 5 July Dr Jan Komaacuterek is co-organising a summer school in advanced issues of EU law entitled EU Law A View from the Mountain which is taking place between 2-14 July in Krkonoše in the Czech Republic Distinguished lectures will be given by Prof Damian Chalmers and the ECJ Advocate General Eleanor Sharpston Other lecturers include scholars from universities of Cambridge Leiden
and others Prof Paul De Grauwe is presenting a paper on the ―Governance of the Eurozone in Oxford for the Policy Network during a conference on American progressive-liberalism and European social
democracy on 2-3 July Prof Paul De Grauwe is also giving a lecture in Bologna on the ―Fragility of the Eurozone on 6 July Dr Marco Simoni is presenting his new book on the causes of Italian economic decline with Fabrizio
Barca Minister for Territorial Cohesion and Antonio Polito from the Corriere della Sera on 10 July Dr Sara Hagemann is participating in a House of Commons Foreign Affairs Committee meeting to
give evidence on transparency in EU policy-making on 10 July EIlsquos Visiting Senior Fellow Anthony Teasdale is addressing postgraduate students visiting Brussels from the American University Washington DC on ―Politics and Power in the European Parliament
2012-14 on 11 July Prof Paul De Grauwe is giving a keynote lecture in Vienna at a workshop organised by the Austrian
Institute of Economic Research on 12 July LSEElsquos Dr William Bartlettis delivering two lectures at the 15th Annual Summer School of Economics held at the Institute of Economic Sciences Belgrade on 16-20 July The school is for students and young leaders from the Western Balkans The theme of the Summer School is Implementation of economic policies during the crisis -lessons learned and recommendations Willlsquos lectures will be on Austerity and growth policies in the eurozone and The economic effects of the crisis on the
Western Balkans On 16 July Prof Nicholas Barr is giving a keynote lecture on ―Financing higher education Mobility quality and access at a conference on Cross-Border Mobility of Students and Researchers Financing and Implications for Economic Efficiency and Growth at the CESifo Venice Summer
Institute
Dr Sara Hagemann is participating in a debate on transparency in legislative politics at an event
organised by Transparency International Copenhagen Office on 17 August EIlsquos PhD student Tim Vlandas is presenting a paper The Politics of In‐work benefits the case of the ―Active Income of Solidarity in France at the Conference on Integrated Employment and Activation Policies in a Multilevel Welfare System on 30-31 August at Bocconi University Milan On 30 August Dr Marco Simoni is talking on a round table discussion entitled ldquoLooking into the Abyss Democracy and Economic Crisis in Southern Europe at the 2012 Annual Meeting of the
American Political Science Association
hellip with Dr Or Raviv LSE Fellow in European Political Economy European Institute (2012-2012)
Or you will very sadly be leaving the LSE European Institute soon What are your next steps Where will we find you in the future OR If you wish to find me next year you wonlsquot have to travel far as I am only going as far as across the street Ilsquove recently accepted a position as an LSE Fellow in Global Politics at the LSE Government Department While Ilsquom very sad to be leaving the European Institute staying at the LSE has always been my first choice and Ilsquom delighted that this has worked out
You have been at the European Institute as an LSE Fellow in European Political Economy for two years Whatrsquos the greatest experience yoursquove gained and what will you miss the most OR Without a doubt what I will miss most is the many conversations Ilsquove had with European Institute students especially informally out of class during feedback sessions or a t t he Cumber land Lo dge workshop Ilsquove often found the c o n v e r s a t i o n s w e lsquo v e h a d extremely challenging and inspiring I can only hope the European
Political Economy cohort of students in particular have found these experiences as rewarding as I
did
What advice would you give to this years class of graduating students Throughout the year (especially during exams period) I hope most of you have come to realise that the greatest resources at your disposal is not to be found in the corridors of the European Institute or even at the library ndash it is in fact your fellow students who have helped you through this challenging year facing various daunting tasks such as group essays joint presentations exam preparations and more Now that you are graduating and going back out into the real worldlsquo I hope you would keep in touch with one another and build lasting relationships with friends youlsquove acquired this year You might not know it just yet but the future captains of industry government and the EU institutions have probably sat next to you during one seminar or another this year Oh
yes and always wear sunscreen
Staff News
Page 6 Monthly European Institute Newsletter
Sixty-second Interview
Are you looking forward to having more time to yourself to explore a hobby or an activity yoursquove always wanted to do or spend more time with your wife and young son (pictured in previous page) OR Finding more free time for hobbies and other activities (like walking my dog through the fields of West Sussex or going to the park with my two-year old son) does sound great but sadly I doubt very much that the pace at the Government Department next year will be any slower or less busy than this year at the EI One day soon however when my son is a little older I hope to be able to take some time off and take the family travelling through South America My dream is that we stay and volunteer for a while as a family in one of the many biodiversity or community involvement projects running in the Amazonas Rain Forest ndash a guy can only dream no
Do you have any plans to move back to your home country Israel at all OR I donlsquot have any such plans at the foreseeable future although never say never We have lived in the UK for nearly a decade now and have grown very fond of life here In particular I must note the weather and fluorescent mushy peas (the glow in the dark kind you get with your fish and chipshellip) as two things I can hardly see myself doing without after living here so long )
What book do you wish yoursquod written OR Ilsquove always been particularly envious of an Australian novelist by the name of Max Barry (Jennifer Government is probably his best known book) The beauty about his work is that it is every bit as insightful into the dynamics of global political economy as the work produced by us academics ndash only he neednlsquot bother about empirical data social theory or any of that nonsense his main tool of the trade is a great sense of humourhellip
What is the most dangerous thing you have ever done OR Thatlsquos an easy one Becoming a dad Every day since Amir was born there is a new reason to get extremely worried about ndash I think someone should do a serious study on the relationship between fatherhood and heart disease ndash every time he tries to climb down the stairs I nearly suffer a heart attack The day helsquoll start going out and asking for the car will surely be my last
Sixty-second Interview
Page 7 Monthly European Institute Newsletter
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
Staff News Page 5
Prof Kevin Featherstone is taking part in the Economist Conference 16th Roundtable with the Government of Greece ―Transforming uncertainty into stability wisdom and growth in Athens on 2-3
July Dr Jan Komaacuterek is co-organizing and teaching at the summer school entitled European Law A View from the Mountain which takes place between 2-15 July in the Krkonoše National Park in the Czech Republic Students from all corners of Europe participate in the programme where academics from LSE Leiden Cambridge Oxford or Nova Gorica teach on various aspects of EU law and poli-
tics LSEElsquos Dr William Bartlett is presenting a paper on Economic and social development in the European neighbourhood EU policies and instruments at a conference of the 5th International Black Sea Symposium organised by the International Centre for Black Sea Studies in Athens on 3
July William is also participating as a discussant at the EDIF Policy Assessment Meeting of the Western Balkan Enterprise Development and Innovation Facility (EDIF) on proposed reforms to improve the business climate for small and medium-sized enterprises (SME) in the Western Balkans The aim of the meeting is to identify future reform priorities to be supported by a new regional project The meeting organised by the European Commission and the OECD Investment Compact
for South East Europe will be held at the OECD Headquarters in Paris on 5 July Dr Jan Komaacuterek is co-organising a summer school in advanced issues of EU law entitled EU Law A View from the Mountain which is taking place between 2-14 July in Krkonoše in the Czech Republic Distinguished lectures will be given by Prof Damian Chalmers and the ECJ Advocate General Eleanor Sharpston Other lecturers include scholars from universities of Cambridge Leiden
and others Prof Paul De Grauwe is presenting a paper on the ―Governance of the Eurozone in Oxford for the Policy Network during a conference on American progressive-liberalism and European social
democracy on 2-3 July Prof Paul De Grauwe is also giving a lecture in Bologna on the ―Fragility of the Eurozone on 6 July Dr Marco Simoni is presenting his new book on the causes of Italian economic decline with Fabrizio
Barca Minister for Territorial Cohesion and Antonio Polito from the Corriere della Sera on 10 July Dr Sara Hagemann is participating in a House of Commons Foreign Affairs Committee meeting to
give evidence on transparency in EU policy-making on 10 July EIlsquos Visiting Senior Fellow Anthony Teasdale is addressing postgraduate students visiting Brussels from the American University Washington DC on ―Politics and Power in the European Parliament
2012-14 on 11 July Prof Paul De Grauwe is giving a keynote lecture in Vienna at a workshop organised by the Austrian
Institute of Economic Research on 12 July LSEElsquos Dr William Bartlettis delivering two lectures at the 15th Annual Summer School of Economics held at the Institute of Economic Sciences Belgrade on 16-20 July The school is for students and young leaders from the Western Balkans The theme of the Summer School is Implementation of economic policies during the crisis -lessons learned and recommendations Willlsquos lectures will be on Austerity and growth policies in the eurozone and The economic effects of the crisis on the
Western Balkans On 16 July Prof Nicholas Barr is giving a keynote lecture on ―Financing higher education Mobility quality and access at a conference on Cross-Border Mobility of Students and Researchers Financing and Implications for Economic Efficiency and Growth at the CESifo Venice Summer
Institute
Dr Sara Hagemann is participating in a debate on transparency in legislative politics at an event
organised by Transparency International Copenhagen Office on 17 August EIlsquos PhD student Tim Vlandas is presenting a paper The Politics of In‐work benefits the case of the ―Active Income of Solidarity in France at the Conference on Integrated Employment and Activation Policies in a Multilevel Welfare System on 30-31 August at Bocconi University Milan On 30 August Dr Marco Simoni is talking on a round table discussion entitled ldquoLooking into the Abyss Democracy and Economic Crisis in Southern Europe at the 2012 Annual Meeting of the
American Political Science Association
hellip with Dr Or Raviv LSE Fellow in European Political Economy European Institute (2012-2012)
Or you will very sadly be leaving the LSE European Institute soon What are your next steps Where will we find you in the future OR If you wish to find me next year you wonlsquot have to travel far as I am only going as far as across the street Ilsquove recently accepted a position as an LSE Fellow in Global Politics at the LSE Government Department While Ilsquom very sad to be leaving the European Institute staying at the LSE has always been my first choice and Ilsquom delighted that this has worked out
You have been at the European Institute as an LSE Fellow in European Political Economy for two years Whatrsquos the greatest experience yoursquove gained and what will you miss the most OR Without a doubt what I will miss most is the many conversations Ilsquove had with European Institute students especially informally out of class during feedback sessions or a t t he Cumber land Lo dge workshop Ilsquove often found the c o n v e r s a t i o n s w e lsquo v e h a d extremely challenging and inspiring I can only hope the European
Political Economy cohort of students in particular have found these experiences as rewarding as I
did
What advice would you give to this years class of graduating students Throughout the year (especially during exams period) I hope most of you have come to realise that the greatest resources at your disposal is not to be found in the corridors of the European Institute or even at the library ndash it is in fact your fellow students who have helped you through this challenging year facing various daunting tasks such as group essays joint presentations exam preparations and more Now that you are graduating and going back out into the real worldlsquo I hope you would keep in touch with one another and build lasting relationships with friends youlsquove acquired this year You might not know it just yet but the future captains of industry government and the EU institutions have probably sat next to you during one seminar or another this year Oh
yes and always wear sunscreen
Staff News
Page 6 Monthly European Institute Newsletter
Sixty-second Interview
Are you looking forward to having more time to yourself to explore a hobby or an activity yoursquove always wanted to do or spend more time with your wife and young son (pictured in previous page) OR Finding more free time for hobbies and other activities (like walking my dog through the fields of West Sussex or going to the park with my two-year old son) does sound great but sadly I doubt very much that the pace at the Government Department next year will be any slower or less busy than this year at the EI One day soon however when my son is a little older I hope to be able to take some time off and take the family travelling through South America My dream is that we stay and volunteer for a while as a family in one of the many biodiversity or community involvement projects running in the Amazonas Rain Forest ndash a guy can only dream no
Do you have any plans to move back to your home country Israel at all OR I donlsquot have any such plans at the foreseeable future although never say never We have lived in the UK for nearly a decade now and have grown very fond of life here In particular I must note the weather and fluorescent mushy peas (the glow in the dark kind you get with your fish and chipshellip) as two things I can hardly see myself doing without after living here so long )
What book do you wish yoursquod written OR Ilsquove always been particularly envious of an Australian novelist by the name of Max Barry (Jennifer Government is probably his best known book) The beauty about his work is that it is every bit as insightful into the dynamics of global political economy as the work produced by us academics ndash only he neednlsquot bother about empirical data social theory or any of that nonsense his main tool of the trade is a great sense of humourhellip
What is the most dangerous thing you have ever done OR Thatlsquos an easy one Becoming a dad Every day since Amir was born there is a new reason to get extremely worried about ndash I think someone should do a serious study on the relationship between fatherhood and heart disease ndash every time he tries to climb down the stairs I nearly suffer a heart attack The day helsquoll start going out and asking for the car will surely be my last
Sixty-second Interview
Page 7 Monthly European Institute Newsletter
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
Dr Sara Hagemann is participating in a debate on transparency in legislative politics at an event
organised by Transparency International Copenhagen Office on 17 August EIlsquos PhD student Tim Vlandas is presenting a paper The Politics of In‐work benefits the case of the ―Active Income of Solidarity in France at the Conference on Integrated Employment and Activation Policies in a Multilevel Welfare System on 30-31 August at Bocconi University Milan On 30 August Dr Marco Simoni is talking on a round table discussion entitled ldquoLooking into the Abyss Democracy and Economic Crisis in Southern Europe at the 2012 Annual Meeting of the
American Political Science Association
hellip with Dr Or Raviv LSE Fellow in European Political Economy European Institute (2012-2012)
Or you will very sadly be leaving the LSE European Institute soon What are your next steps Where will we find you in the future OR If you wish to find me next year you wonlsquot have to travel far as I am only going as far as across the street Ilsquove recently accepted a position as an LSE Fellow in Global Politics at the LSE Government Department While Ilsquom very sad to be leaving the European Institute staying at the LSE has always been my first choice and Ilsquom delighted that this has worked out
You have been at the European Institute as an LSE Fellow in European Political Economy for two years Whatrsquos the greatest experience yoursquove gained and what will you miss the most OR Without a doubt what I will miss most is the many conversations Ilsquove had with European Institute students especially informally out of class during feedback sessions or a t t he Cumber land Lo dge workshop Ilsquove often found the c o n v e r s a t i o n s w e lsquo v e h a d extremely challenging and inspiring I can only hope the European
Political Economy cohort of students in particular have found these experiences as rewarding as I
did
What advice would you give to this years class of graduating students Throughout the year (especially during exams period) I hope most of you have come to realise that the greatest resources at your disposal is not to be found in the corridors of the European Institute or even at the library ndash it is in fact your fellow students who have helped you through this challenging year facing various daunting tasks such as group essays joint presentations exam preparations and more Now that you are graduating and going back out into the real worldlsquo I hope you would keep in touch with one another and build lasting relationships with friends youlsquove acquired this year You might not know it just yet but the future captains of industry government and the EU institutions have probably sat next to you during one seminar or another this year Oh
yes and always wear sunscreen
Staff News
Page 6 Monthly European Institute Newsletter
Sixty-second Interview
Are you looking forward to having more time to yourself to explore a hobby or an activity yoursquove always wanted to do or spend more time with your wife and young son (pictured in previous page) OR Finding more free time for hobbies and other activities (like walking my dog through the fields of West Sussex or going to the park with my two-year old son) does sound great but sadly I doubt very much that the pace at the Government Department next year will be any slower or less busy than this year at the EI One day soon however when my son is a little older I hope to be able to take some time off and take the family travelling through South America My dream is that we stay and volunteer for a while as a family in one of the many biodiversity or community involvement projects running in the Amazonas Rain Forest ndash a guy can only dream no
Do you have any plans to move back to your home country Israel at all OR I donlsquot have any such plans at the foreseeable future although never say never We have lived in the UK for nearly a decade now and have grown very fond of life here In particular I must note the weather and fluorescent mushy peas (the glow in the dark kind you get with your fish and chipshellip) as two things I can hardly see myself doing without after living here so long )
What book do you wish yoursquod written OR Ilsquove always been particularly envious of an Australian novelist by the name of Max Barry (Jennifer Government is probably his best known book) The beauty about his work is that it is every bit as insightful into the dynamics of global political economy as the work produced by us academics ndash only he neednlsquot bother about empirical data social theory or any of that nonsense his main tool of the trade is a great sense of humourhellip
What is the most dangerous thing you have ever done OR Thatlsquos an easy one Becoming a dad Every day since Amir was born there is a new reason to get extremely worried about ndash I think someone should do a serious study on the relationship between fatherhood and heart disease ndash every time he tries to climb down the stairs I nearly suffer a heart attack The day helsquoll start going out and asking for the car will surely be my last
Sixty-second Interview
Page 7 Monthly European Institute Newsletter
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
Are you looking forward to having more time to yourself to explore a hobby or an activity yoursquove always wanted to do or spend more time with your wife and young son (pictured in previous page) OR Finding more free time for hobbies and other activities (like walking my dog through the fields of West Sussex or going to the park with my two-year old son) does sound great but sadly I doubt very much that the pace at the Government Department next year will be any slower or less busy than this year at the EI One day soon however when my son is a little older I hope to be able to take some time off and take the family travelling through South America My dream is that we stay and volunteer for a while as a family in one of the many biodiversity or community involvement projects running in the Amazonas Rain Forest ndash a guy can only dream no
Do you have any plans to move back to your home country Israel at all OR I donlsquot have any such plans at the foreseeable future although never say never We have lived in the UK for nearly a decade now and have grown very fond of life here In particular I must note the weather and fluorescent mushy peas (the glow in the dark kind you get with your fish and chipshellip) as two things I can hardly see myself doing without after living here so long )
What book do you wish yoursquod written OR Ilsquove always been particularly envious of an Australian novelist by the name of Max Barry (Jennifer Government is probably his best known book) The beauty about his work is that it is every bit as insightful into the dynamics of global political economy as the work produced by us academics ndash only he neednlsquot bother about empirical data social theory or any of that nonsense his main tool of the trade is a great sense of humourhellip
What is the most dangerous thing you have ever done OR Thatlsquos an easy one Becoming a dad Every day since Amir was born there is a new reason to get extremely worried about ndash I think someone should do a serious study on the relationship between fatherhood and heart disease ndash every time he tries to climb down the stairs I nearly suffer a heart attack The day helsquoll start going out and asking for the car will surely be my last
Sixty-second Interview
Page 7 Monthly European Institute Newsletter
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
EI in the News
Prof Paul De Grauwe published gave an interview to the Social Europe Journal entitled ―Paul De Grauwe on the European Growth Agenda discussing the
European growth agenda on 5 June The Commissionlsquos approach ―doesnlsquot make sense Prof Paul De Grauwe is quoted saying in an article in Market Watch on 8 June ―Are they going to wait now They have to move The fiscal pact is in the pipeline now Paul said explaining that euro bonds are a good step toward a deeper fiscal union the very
goal of the Commission Prof Iain Begg was interviewed about the Spanish banks bailout on BBC Radio 4
on 9 June
Canada Blanch Centrelsquos Prof Paul Preston is quoted in a Huffington Post article on 10 June discussing Spainlsquos current financial situation and saying ―Lots of people enjoyed the consumer boom but not everybody Now everybodys having to pay for it This was also reported in the Times of India Irish Examiner and AZ Central If Syriza comes first Europe should be very afraid my expectation is that hellip we would have chaos said Prof Kevin Featherstone on 12 June in the Guardian There would be huge instability and uncertainty on international financial markets and frenzy [among EU leaders] with a government that is a loose coalition and lacking clarity of purpose being forced to make
decisions This was also picked up by Poten amp Partners and Greek online paper i-efimerida
On 14 June the National Review quoted Prof Paul De Grauwe as saying ―Some two decades ago when Europelsquos leaders worked out the details of their grand vision to connect the European Union with a single currency virtually every economist on this side of the Atlantic mdash and most of those on the other mdash figured out that the euro would be fatally flawed The European Commission did invite economists to present their views It was a Darwinian process I was invited but when I expressed my doubts I wasnlsquot invited anymore In the end only the enthusiasts
were left
Prof Kevin Featherstone was quoted in an article by USA Today entitled Greek voters headed back to the polls on 14 June This was also reported by the Hispanic Business Magazine and
the Livonia Observer
Dr Vassilis Monastiriotis gave various interviews commenting on the Greek elections political parties Golden Dawn SYRIZA etc in Athena 984 Radio and Bloomberg TV India on 15 June BBC Radio Wales on 16 June Radio Free Europe-Serbia and France 24 TV on 17 June and Dukascopy TV-Switzerland and Monocle 24-Digital Radio on 18 June Vassilis also told CNN on 20 June that it was ―a positive step that Greece now has a government but few details about key
appointments or policies are yet known
Prof Kevin Featherstone commented in the Financial Times on 15 June on the Greek election
and financial crisis Also commenting on the Greek election Dr Spyros Economides told the Global Post on 14 June ―If you are suffering financially and economically and you are really desperate and in dire straits and somebody comes along and says You elect me and Ilsquoll give you moneylsquo you are
quite tempted to vote for them he said
Dr Spyros Economides also gave an interview to Scott Bevan of ABC News on the political
situation in Greece in light of the Sunday election on 15 June
Page 8 Monthly European Institute Newsletter
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
EI in the News
On 17 June Dr Spyros Economides was quoted in an article by Brazilian
newspaper Folha de Sao Paulo Prof Kevin Featherstone was quoted in an article by the Xinhua News Agency
on the Greek election situation on 18 June Business Week quoted Prof Paul De Grauwe on 18 June as saying ――I think she [Angela Merkel] will remain an incrementalist we have not yet reached the point where it is obvious that we are hanging over the precipice This was also picked
up by WAToday On 18 June Sigma Live has reported on LSElsquos cooperation with a new private university in Cyprus (Neapolis University Paphos) and on the signing of the
cooperation agreement between NUP and LSE by NUPlsquos Dean Elias Dinenis and the EIlsquos Prof
Iain Begg Prof Iain Begg spoke to BBC Asian Network on 20 June commenting on the formation of the
new Greek Government Dr James Ker-Lindsay gave an interview to European Voice on 21 June commenting on internal Cyprus politics In an article entitled ―An Island of Alliances and Division James said
―Even though Cyprus has a presidential system politics is all about coalitions On 21 June Dr Vassilis Monastiriotis was quoted by Monocle 24 commenting on the new Greek Prime Minister and by the New Scientist commenting on the needs of Greece for technological help to reboot economy Vassilis also gave interviews to NET 1058 Greece and
France 24 Radio
Dr Spyros Economides gave an interview to the Daily Spanish newspaper La Razon on the
new Greek Prime Minister on 21 June
Prof Iain Begg commented on the European sovereign debt crisis on the BBC Radio 5 Live
programme on 22 June
Dr Spyros Economides published an article on BBC News entitled ―Election leaves Greece
deeply split on 24 June
On 25 June Dr Spyros Economides gave two interviews to Danasrs on Serbia Kosovo and the EU ―Potkopavanje odnosa sa EUrdquo and ―Nikolić razapet između birača i očekivanja EUrdquo Prof Paul De Grauwe is mentioned in a Financial Times story on 25 June entitled ―Delors and Schmidt back eurozone debt agency
On 26 June MSNBC World News reported on Prof Paul De Grauwe commenting on the critical financial situation in Spain and saying ―Not only would the bailout announced in early June probably be inadequate it was unlikely that European Unionlsquos response would help ease the suffering of millions of Spaniards
Page 9 Monthly European Institute Newsletter
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
EI in the News
On 26 June Prof Kevin Featherstone was interviewed by World Business
Report BBC World Service on the attempts to repair Europes finances Dr James Ker-Lindsay gave an interview to Cyprus Broadcasting Corporation (CyBC) Radio 2 on the tensions between Turkey and Syria on 26
June Greek paper To Vima reported on a story written by the Hellenic Observatorylsquos Research Fellow Dr Theofanis Exadaktylos discussing the
recent political situation in Greece following the Greek elections
A New York Times article on 30 June quotes Prof Paul De Grauwe suggesting that the ―European Central Bank [must] announce that it will be an aggressive buyer of Spanish or Italian bonds until the spread mdash or the difference between the yields on these bonds and benchmark German bonds mdash reaches a certain level This story was also picked up
by the Economic Times
Dr James Ker-Lindsay was quoted in an article entitled ―EU focus on Cyprus blurred by division in The National (United Arab Emirates) on 1 July 2012 This was also picked up by Poten amp Partners
Prof Kevin Featherstone published an article in the Greek newspaper Kathimerini entitled ―We demand inactionrdquo on 1 July The story was also published in English from the GreeceLSE blog on 2 July
―The EU is easily Britains biggest single export market with 53 of our goods purchased by our fellow European nations in 2011 This sector of our economy directly and indirectly supports
three million jobs said Prof Iain Begg to the Independent on 3 July In statements to the Financial Times on 4 July Prof Paul De Grauwe said that ―The decision to let the rescue funds buy government debt is even less meaningful and could prove destructive
This was also reported by the Irish Times and CNBC Dr James Ker-Lindsay gave a radio interview to Monocle 24 on 5 July about Cyprus seeking a
bailout from the EU and Russia (it starts about 16 minute) Dr Sara Hagemann presented VoteWatchs Annual Report at a public launch of the new VoteWatch Europe website on 9 July The report and website will for the first time make governments decision records from the Council of the European Union publicly available The findings from VoteWatchlsquos analysis of governmentslsquo decision records have been reported in a number of international and national media including Financial Times European Voice EU
Observer El Pais and de Stentor
―The central bank wonlsquot act until Europe is ―in suicide mode -- at that moment they will do it but
they will wait so long that a lot of damage has been done Prof Paul De Grauwe told Tom
Keene on Bloomberg Televisionlsquos ―Bloomberg Surveillance on 9 July
On the same day Paul told Business Week too that ―A lack of trust among euro-area members is preventing leaders from implementing a durable solution to the sovereign debt crisis The
Germans donlsquot trust the southerners the southerners donlsquot trust the Germans Paul said
The Wall Street Journal (Europe) reported on 11 July on Prof Paul De Grauwe saying ―Leaders have stopped thinking about economic implications They look at this process from a
Page 10 Monthly European Institute Newsletter
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook
Page 11 Monthly European Institute Newsletter
Contact Us
European Institute London School of Economics and Political Science Houghton Street Cowdray House WC2A 2AE
Tel +44 (0)207 955 7537 Email europeaninstitutelseacuk You can also join us on Facebook