Open Europe 8 June 2011
By Raoul Ruparel, Mats Persson
The role of the ECB in the ongoing eurozone and banking crisis has been significantly understated. In parallel with the IMF’s and EU’s multi-billion euro interventions, the ECB has engaged in its own bail-out operation, providing cheap credit to insolvent banks and propping up struggling eurozone governments, despite this being against its own rules. The ECB is ultimately underwritten by taxpayers, which means that there is a hidden – and potentially huge – cost of the eurozone crisis to taxpayers buried in the ECB’s books.
Gates of Vienna 3 June 2011
By Nicolai Sennels
Below is a brief essay by Nicolai Sennels on the strange metamorphosis of the Left over the past fifty years from the champions of the oppressed into the oppressors themselves.
The reversal of Left and Right
by Nicolai Sennels
In the good old hippie days, the socialists on the Left were the good guys. They risked their jobs and reputations demonstrating for the equality of women, sexual freedom, and freedom of speech to criticise the system and the authorities.
While the idea of Muslims taking over Rome as prophesied by the Prophet Mohammed may seem far-fetched, the historically Christian capital of Italy is now the site of the largest mosque in Europe.
Open Europe Blog 24 May 2011
Over on Conservative Home Steve Baker highlights a new paper from two professors at ESCP Europe Business School, which demonstrates the huge level of interconnectivity between the debt problems of different EU economies. The paper suggests that countries should cancel out or write off debt which they owe each other.
Family Security Matters 23 May 2011
By Dr Laina Farhat-Holzman
For all the problems we think we have with immigration, Europe's problems far exceed ours. The U.S. has always had a history of panic about new and alien groups pouring into our country (Irish, Italians, Jews, Chinese, Japanese, Vietnamese, and now Hispanics). But all of these groups came here to become American; they integrated and contributed.
By and large, the same is true of Muslim immigrants to the U.S. today-particularly Iranians and Afghans. In Europe, however, many in the flood of Muslim immigrants are not integrating well-partly out of today's spate of Islamism but partly because ordinary Europeans find these immigrants adhere to an alien culture.
Open Europe 19 May 2011
By Vincenzo Scarpetta & Pawel Swidlicki
• The home-grown revolutions across North Africa and the Middle East have provided great cause for ptimism. But they have also raised questions about the EU’s record in promoting reform and stability in these areas – and, more importantly, about how Europe can best support this region in future.
Gates of Vienna 19 May 2011
Gates of Vienna 16 May 2011
So many new articles about the Mediterranean refugee crisis have fallen into my hands that it will require a large post to cover everything. To begin with, here are the three most recent stories, which are quite interesting — and a bit peculiar.
The Italian interior minister says that the repatriation agreement with Tunisia is working. I’m not entirely certain what he means by "working” — it isn’t functional by any standard measure. Perhaps he is simply saying that it is unfolding according to plan, which may well be true: