CEPS Commentaries
The Centre for European Policy Studies (CEPS) is an independent policy research institute dedicated to producing sound policy research leading to constructive solutions to the challenges facing Europe today. CEPS Commentaries offer concise, policy-oriented insights into topical issues in European affairs.
© Centre for European Policy Studies (CEPS)
Publisher:
Publications:
- Portugal: In Economics, we Call it Conflict of Interest!
- The Meaning of Cyprus
- The New Bail-in Doctrine
- Communication as a Policy Tool
- Enlargement Agenda
- Bank Bonus Compromise Bodes Ill for the Single Supervisory Mechanism
- Two Decades on From the Break-Up of Czechoslovakia
- Is Germany the Model to Follow?
- Tunisia in Turmoil: How Should the EU React?
- Learning from Small Countries?
- More Evidence that Financial Markets Imposed Excessive Austerity in the Eurozone
- Strengthening the Strategic Choice Offered to the EU's Southern Mediterranean Neighbours
- Castles in the Sand
- The Cyprus Presidency
- The Franco-German Alliance
- How to Withdraw from the European Union?
- The EU’s External Action Towards the Middle East
- Why is the Greek Economy Collapsing?
- Doha/COP 18: Gateway to a New Climate Change Agreement
- EEAS Reloaded: Recommendations for the 2013 Review
- The False Promise of a Eurozone Budget
- The EU Budget Becomes Politically More Explosive
- Chronicles of a Disagreement Foretold
- Good Governance of Gender Balance
- How to Avoid a Double-Dip Recession in the Eurozone
- What Distinguishes the Euro Crisis from a 'Normal' Financial Crisis?
- The Prize is More Peace
- Banking Union: Ireland vs Nevada
- The UK-Canada Agreement on Mutual Support of Missions Abroad
- EU Global Peace Diplomacy
- The Policy Mix and Macroeconomic Adjustment in the Euro Area
- Enlisting Business to Help Loosen the Gordian Knot around Cyprus
- Should Europe Be Fracking?
- Free and Fair? A Challenge for the EU as Georgia and Ukraine Gear up for Elections
- Duel between the EU and Argentina
- This Recovery is Different
- European Deposit Insurance: Financing the Transition
- The EEAS and the Eastern Partnership: Let the Blame Game Stop
- Beyond Entrenchment over Iran
- The Roadmap to Banking Union
- Preparing for a Post-Assad Syria: What Role for the European Union?
- Adjusting to a Credit Cycle Bust
- The EU’s Re-engagement as a Security Actor
- An Incomplete Step Towards a Banking Union
- History Does Not Move in a Straight Line
- Eurozone as Home Country of Banks
- Why an ESM Programme Could be a Kiss of Death
- Countercyclical Regulation in Solvency II
- Banking Union in the Eurozone and the European Union
- Banking Union in Three Steps
- CAP Reform: Will the European Parliament Take the Bull by the Horns?
- Cleaning Up the Mess: Bank Resolution in a Systemic Crisis
- Democracy vs the Eurozone
- The Fiscal Economics of a Greek Exit
- Implications of the Eurozone Crisis for EU Foreign Policy
- A Self-Inflicted Crisis
- EU Defence Policy after Chicago: Going Smart?
- The Fading Rose of Georgia’s Revolution
- EU Version of Basel III Runs into Trouble
- Europe’s Misguided Search for Growth
- Do the BRICS Make a Bloc?
- Between a Rock and the Multiannual Financial Framework
- The Big Easing
- The Ukraine Question
- How High the firewall? Potential Financing Needs for the Periphery
- How Not to be a Lender of Last Resort
- The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union
- Greece’s Soft Budgets in Hard Times
- Farewell to the Liberal Technocrat?
- Putin’s Faltering Return
- The Commission’s CRD IV Requires a Deeper Reading
- Seven Hazards in Cameron's Intended European Policy
- Eastern Partnership: Still a Missing Link in EU Strategy?
- The Decline and Fall of the Euro?
- Post Durban: Moving to a Fragmented Carbon Market World?
- The Arab Spring – Is it a Revolution?
- ‘Yes We Can’ Europe Can Solve This Crisis – If It Wants To
- Can Austerity Be Self-Defeating?
- Placing EU Banks under Undue Stress
- The Responsibility to Protect and Regime Change
- Who Cares About the Survival of the Eurozone?
- What’s Wrong with Technocrats?
- What is holding Italy back?
- MiFID 2.0 Unveiled
- China's Assistance Could do More Harm than Good in the Eurozone
- East Goes Right, South Goes Left
- Eurozone Bank Recapitalisations: Pouring Water into a Leaky Bucket
- A Three-Pillar Firepower to Solve the European Sovereign Crisis
- Poland and Slovakia: Drawing the Same Lesson from Two Different Events?
- A Closer Look at Dexia
- State Aid Lessons From 2008 for a 'Troubled Asset Relief Program' for the Euro
- A Liquid Europe?
- Will the Financial Transaction Tax (FTT) Enhance Stability?
- The Political and Legal Logic for Palestinian Statehood
- Debt Reduction Without Default
- Can Greece 'Grow Solvent'?
- Balanced Budget Fundamentalism
- August 2011: What to Do When the Euro Crisis Reaches the Core
- Refinancing the EFSF Via the ECB
- Opinion Polls Support a More European Approach to the Crisis
- From Pain to Gain on the EU Frontier
- The Timoshenko Case and the Rule of Law in Ukraine
- A Tale of Two Defaults
- Privatisation is no Salvation
- Review of the Review – of the European Neighbourhood Policy
- The EU Budget Needs Fundamental Reform
- Supporting the Challenges of Democratic Transition in Tunisia
- Sovereign Debt Vs Foreign Debt in the Eurozone
- Worth the Wait?
- Tough Talk but Soft Conditions?
- Greece and Portugal
- Europe's Futile Search for Cheaper Money
- The Tunisian Revolution
- Dream House No More
- Who Is Afraid of a Japanese Decade?
- Innovation Requires an Efficient Strategic Energy Technology (SET) Plan
- Slovakia's Courageous Gimmick
- Time for Justice in Kosovo
- The Eurozone Crisis and Its Effects on Citizens' Trust in National Parliaments
- What Size Is the Fire Exit?
- All Together Now?
- The Cost of America's Free Lunch
- A (Short) To-Do List for the G20
- A Mechanism of Self-Destruction of the Eurozone
- A Post-Mortem on the European Council
- Rendez-vous with Eastern Europe
- The EU Should Harness Domestic Politics, Not Fines, to Bring Deficits into Line
- Liquidate or Liquefy?
- Some Reflections on the EU Budget Review
- The Circle that Cannot Be Squared
- Diversity in European Banking
- Competitiveness: Treat the Illness, Not the Symptoms
- Decision Time for Europe on Climate Change
- Europe in the IMF
- The EU’s Diplomatic Debacle at the UN
- Constitutional Referendum in Turkey
- How to Level the Capital Playing Field
- The Skills Deficit
- Modernisation and a New Political Game in Russia?
- The Bank Stress Tests
- Required: A Bold Follow-up to Monti
- Europe's Stressed Banks
- Europe's Banks, Europe's Crisis
- Time for a Tripartite Gas Pipeline Consortium for Ukraine
- The Baltic-Russian History Controversy: From War to Diplomacy
- Europe’s Competitiveness Obsession
- Is Financial Failure an Option in the EU?
- Financial Stability Beyond Greece
- Russia and the European Court of Human Rights
- Financial Stability Beyond Greece
- When Financial Markets Force Too Much Austerity
- President Yanukovich's Dubious Deal
- Learning From the US Experience?
- It’s High Time the Integrity of Economic Statistics is Seriously Safeguarded
- The European Experience with Large Fiscal Adjustments
- The Implications of a Greek Default for the Euro
- The Greek Fiscal Adjustment Programme
- Turkey Genocide Diplomacy
- Who Can Save Greece?
- How Social the Single Market?
- Pain in Poland
- Russia in Europe and the West
- Greece and the IMF
- Single Market Revival
- A Greek Endgame?
- Capital Brussels: What Kind of Political Actor Will the Lisbon EU Be?
- Greek Burdens Ensure Some Pigs Won't Fly
- Too Interconnected to Fail = Too Big to Fail
- Lessons for Europe from the 1930s
- Reinvigorating the EU's Role in the Post-Copenhagen Landscape
- Why the Transatlantic Climate Change Partnership Matters More than Ever
- The European Citizens' Initiative
- The Copenhagen Accord
- On Track. Moldova Wants EU Integration, but Needs to Do Its Homework First
- Abnormalisation: The Bumpy Road to Turkish-Armenian Rapprochement
- Who Drafts Better EU Regulation?
- Fresh Opportunities from the Treaty of Lisbon
- Why a Cap-and-Trade System May Be Bad for Your Health
- A Border Tax to Protect the Global Environment?
- The Yukos Decision
- Gazprom's Changing Fortunes
- The Dilemma of the Dollar
- The Long Shadow of the Wall on Europe's Economy
- Transforming Turkish Foreign Policy
- Next Time Must Be Different
- From Central Asian Strategy into EurAsian Strategy
- Missile Defence: A View from Turkey
- Obama's Missile U-Turn
- To Coordinate or Not to Coordinate?
- Scrapping the Missiles – A Tipping-Point?
- Court Ruling Need Not Cause the Carbon Market to Unravel
- Why It Feels Different
- Lessons from the Czech EU Presidency
- Less than 100 Days to Copenhagen
- Economics in Crisis
- Mind the Basel Gap
- Russian Games with the WTO
- China's Rise and the Changing Rules of the Game in the International Order
- More Unity than Diversity
- Government Debt Is Both Unsustainable and Desirable
- Institution-Building in Action
- A More Conservative Europe and EU!
- Do We Detect Some Neo-Finlandisation in the Eastern Neighbourhood?
- A Crisis Is a Terrible Thing to Waste
- What's Next After the London G-20?
- Gas Interconnectors in Europe
- Gains for All
- Reforming Global Governance
- A Bit More Clarity, Please, M. de Larosière
- Collapse in Eastern Europe?
- Flexibility Is Out
- Transparency on Banks' Balance Sheets?
- Why a Bad Bank Needs to Be Big
- Warning: Rating Agencies May Be Harmful to Your (Financial) Health
- Gaza's Hell: Why the EU Must Change Its Policy
- Inching Towards a Second Irish Referendum
- Ireland's Plan to Resurrect the Lisbon Treaty to be Unveiled at the Brussels Summit
- Europe’s Two Priorities for the G20
- Returning to Narrow Banking
- The Mega New-Generation Deal with Canada
- Climate Change Policy after the Financial Crisis
- A Call for a European Financial Stability Fund
- Restoring Confidence
- What Next for Europe’s Financial Markets?
- A Concerted Approach to Re-Start the Interbank Market
- Nationalizing Banks to Jumpstart the Banking System
- Financing Climate Change
- The Cost of 'non-Europe'?
- Crisis Management Tools for the Euro Area
- 'No Recourse' and 'Put Options'
- The Beginning of the End Game
- The Twin Shocks Hitting the Eurozone
- The Crisis, One Year On
- Cherished Myths Have Fallen Victim to Economic Reality
- The Logic of Leaving Oil in the Ground
- It’s High Time to Create a Truly European System of Financial Supervisors
- Plan B
- The EU Budget at Risk of a New Policy Blunder
- The US Housing Bust and Soaring Oil Prices
- What Is Happening in Turkey?
- The European Union 2005-2008
- Prospects for the EU's New Generation of FTAs
- Ownership Unbundling
- Two Cheers for Christofias!
- Act Now to Stop the Markets' Vicious Circle
- Just How 'Revolutionary' Is Turkey's hadith Project?
- Will CCCTB Be Stillborn?
- Biofuels or Bicycles?
- Is Europe's Housing Market Next?
- The Maastricht Criteria for Banking
- Decoupling: Can Europe Avoid Recession?
- Is Continued Free Allocation to Industry Defensible?
- Climate Change Meets Trade
- The Vaxholm Case of Swedish 'Social Dumping'
- Beyond the ‘Bali Roadmap’
- Watch the Price of Carbon!
- Two for the Price of One?
- The EU Budget – Is This the Moment for Reform?
- Banking Supervision Returns to the Forefront
- MiFID Revolution or Delayed Execution
- A Propitious Moment for the EU to Assert Itself in the Palestinian Occupied Territories?
- What Exactly Is Happening in Turkey?
- The New Deal, a Good Deal ?
- Weighting Votes in the Council
- A Little Clarification, Please, on the 'Union of the Mediterranean'
- A New Approach to Policy Coordination in the EU
- Germany's Regularisation of November 2006
- The FSA Should Not Resist Takeover of Stock Exchange
- Italy on the Brink?
- The ECB Should Not Monopolise Securities Settlement
- EU Membership Gives Romania New Opportunities in its Relations with Moldova
- MiFID: A Regulatory Doomsday?
- Why a Far-right Party Group in the Parliament Will Have Little Formal Influence, But Should Still Be Taken Seriously
- Turkmenistan’s Uncertain Future
- The Price of Energy Security
- Trapped in Delusions: Democracy, Fairness and One-Share-One-Vote
- Dear Turkey, Play it Long and Cool
- Getting Local: Schengen, Prüm and the Dancing Procession of Echternach
- When Were You Last Tested for HIV?
- Could 'Policy Coherence for Development' Catalyse EU Council Reform?
- Time for a Risk-Based UCITS
- So No C&S Directive, but an ECB Run Settlement System?
- Spring Market Volatility
- Kaliningrad Transit and Visa Issues Revisited
- The Hague Programme and the EU's Agenda on "Freedom, Security and Justice"
- A Europe of Projects Without a Plan?
- Foreign Investment in the US
- Iceland: Big Lessons from a Small Country?
- After the Financial Services Action Plan
- Housing Market: The Finance Side of the Story
- How Asia's Reserve Accumulation Might Affect the Euro
- Will Yield Spreads Remain Tight in Europe's Capital Markets?
- The European Covered Bond Market
- Corporate Bond Issuance Picks Up as Interest Rates Set to Rise


