Press
Britain can't escape the euro crisis
23 November 2010
Global Post
But the assistance is "an act of self-preservation" rather than an act of friendly charity, according to Philip Whyte, senior research fellow at the Centre for European Reform. "Implicit in the bailout of Ireland's banks is the bailout of one's own banking system."
Ireland refutes the German perspective
23 November 2010
Financial Times
As Philip Whyte has noted in a paper [Why Germany is not a model for the eurozone] for the pro-European Centre for European Reform, the eurozone is far too large to play such a role in the world economy.
Germany's unlikely optimists
23 November 2010
Financial Times
"It is over-egging it to say that Germany has become a dynamic growth motor for the rest of Europe," says Simon Tilford at the Centre for European Reform, a London think-tank. "If foreign demand for German products falls, we could see a renewed push by German companies to reduce wage costs and renewed stagnation of domestic demand."
Fear stalks eurozone as Ireland faces ruin
23 November 2010
The Times
Charles Grant, director of the Centre for European Reform think-tank, said: "This Irish rescue doesn't end the eurozone crisis at all. It will be a bloody mess for five years at least. The crisis will persist because the structural causes remain."
Questioning Germany's economic model for Europe
22 November 2010
New York Times
Elsewhere, Philip Whyte of the Centre for European Reform, a British research organisation, foresaw "deeply pernicious consequences" if Germany's economy emerges as the EU benchmark for everyone else. "A more German eurozone," he wrote, "would be afflicted by chronically weak demand, debilitating cycles of competitive wage cuts, and prolonged economic slumps in the deficit countries."
EU to test Yanukovich on democracy
22 November 2010
Financial Times
Tomas Valasek, director of foreign policy and defence at London's Centre for European Reform, said that under Mr Yanukovich Ukraine is "turning inwards and becoming increasingly authoritarian. The EU should discourage Mr Yanukovich from building a one-party system, while supporting economic and energy reforms," he added.
Germany aims to take Europe's reins amid eurozone's woes
22 November 2010
The Guardian
"The euro is the biggest crisis facing Europe and it could carry on for another five years," said Charles Grant, director of the Centre for European reform. "The French are fearful of German euroscepticism, of German economic success, of the Germans going it alone on Russia and China, so they will go with Berlin. The Germans are back in the driving seat."
Eurozone must deal with two urgent questions
21 November 2010
Financial Times
"The plan has caused political consternation and market panic," observes Katinka Barysch, deputy director of the Centre for European Reform think-tank.
Más gobierno para salvar al euro
21 November 2010
El Pais
Y Simon Tilford, economista jefe del CER, asegura que "los países del euro tienen que reconocer que una exitosa unión monetaria requerirá un grado mucho mayor de integración política".
Lights are dimming for the euro
21 November 2010
The Sunday Times
The Centre for European Reform's chief economist Simon Tilford says: "I don't think the current membership of the euro is written in stone." For a country to leave, he says, would be "very messy and risky" but it is no longer inconceivable. … Would Italy [which already has huge debts] be able to underwrite another X billion of debt, given that the markets might be sceptical they would get it back? I don't know," Tilford says.
Austerity may not doom European governments to fall
19 November 2010
Reuters
"The politicians have succeeded for now in imposing spending cuts, but what happens in round 14 or 15 of those cuts," said Charles Grant, director of the Centre for European Reform in London. "I think Ireland can take a lot more pain as the Latvians did, but I'm not convinced the Greeks and some Mediterranean countries with no tradition of budget discipline will."
Stunde der Buchprüfer
19 November 2010
Frankfurter Rundschau
"Die Körperschaftsteuer gehörte zu Faktoren, die die irische Wirtschaft über Jahre haben wachsen lassen, auch wenn sie nicht allein für die Ansiedlung einer Vielzahl ausländischer Firmen verantwortlich war", sagt Simon Tilford, Wirtschaftsexperte des Centre for European Reform.
NATO: Trying to keep the Americans in
19 November 2010
Global Post
Clara O'Donnell, a research fellow at the Centre for European Reform, said there was "a lot of truth" to German diplomat von Ploetz's doubts about US enthusiasm. The United States knows that Europe is still its closest ally, she said. But America might not want to "stay fully engaged with NATO" if it means getting involved in "European neighborhood issues" such as the Balkans, especially if Europe doesn't want to help out on future expeditionary wars like Afghanistan.
Obama sets aside only two hours to meet with European leaders at NATO meeting in Portugal
18 November 2010
CNS News
"Obama will continue to think of engaging China as a top US priority, and seek to get along with Russia and other emerging powers," Tomas Valasek of the Centre for European Reform in London, wrote this month. "The issues that will compete for the president's attention over the next few years will be Iran, Afghanistan and the Middle East peace process. Neither the EU nor Eastern Europe is likely to move up his agenda."
Befreien Sie den Euro!
18 November 2010
Financial Times Deutschland
"Mit einer Hilfe für Spanien würde die Lage außer Kontrolle geraten", sagt Simon Tilford vom Centre for European Reform. Die Investoren auf den Finanzmärkten würden nicht schlucken, dass das hoch verschuldete Italien dem weniger verschuldeten Spanien Kredite garantiert.
Eurozone rescue row doesn't shake German view
18 November 2010
Reuters
"Taken out of context there is obviously merit to the Franco-German proposal. But the timing could not have been more damaging," wrote Simon Tilford, chief economist of the Centre for European Reform.
Eurozone plans possible Irish bailout
17 November 2010
Radio Free Europe
Simon Tilford, the chief economist for the London-based Centre for European Reform, says a request from Ireland for other eurozone members to stabilise the Irish banking sector essentially amounts to support for the Irish state budget: "Investors have started to shun Irish government debt because they are worried about the [possible] liabilities in the country's banking sector - because the Irish government has essentially underwritten the debts of the private banks," Tilford explains.
Barack Obama, tell us that we're special
17 November 2010
The Guardian
This disconnect has a broader geopolitical context. Styling himself America's "Pacific president", Obama appears fixated on the rising stars of Asia, principally China and India, and on Russia's continuing leverage, argued Tomas Valasek in a paper for the Centre for European Reform. "The president believes the rise of emerging powers … puts new constraints on America's ability to set the global agenda. So he is courting China, Russia and other new powers to encourage them to take a greater stake in managing the global order," Valasek wrote.
Transport ministry looks to Asia
17 November 2010
The Prague Post
"When it comes down to imported goods, it's much easier to draw a link between very low prices and the implicit subsidy," said Simon Tilford, chief economist at the Centre for European Reform, who added that much of China's subsidies come in the form of its enormous currency reserves, which keep the yuan at artificial lows. But civil engineering projects abroad are trickier when it comes to proving state help, especially since the firms must largely rely on local labour and resources...
The price of German leadership
17 November 2010
Financial Times
The euro, the European Union’s boldest and most ambitious project, is under threat. Divisions among Europe’s leaders, and their inability to stabilise the euro, have damaged the EU’s reputation on other continents. The good news is that the EU now has an emerging leader.