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Many commentators on the Cyprus bank crisis have drawn attention to many similarities between Iceland and Cyprus. The similarities are striking. Both islands wanted to become sanctuaries for the superrich. Both offered high rates of interest and lax regulation. Both islands experienced cancerous growth of the banking system.

A TALE OF TWO ISLANDS: BAILOUT OR BANKRUPTCY?

By: EBR | Friday, May 10, 2013

Why should (German) taxpayers bail out Russian oligarchs who are in danger of losing their tax-evaded money? Silly question. Of course they shouldn´t – none of their business.

‘Thanks to the efforts of President Ma’s administration, Mainland China - Taiwan relations went from confrontation to conciliation. But now Taiwan is left behind. Other countries in the region are signing or are negotiating Free Trade Agreements with the EU. We don’t want to see peaceful and democratic Taiwan suffering from its competition. Taiwan as a friend of peace and democracy is a natural partner of the EU’.

Taiwan’s new EU Ambassador wants: ‘a more far-reaching EU-Taiwan relationship’

By: EBR | Monday, May 6, 2013

Mr. Kuoyu Tung recently took up his role as Taiwan’s Ambassador to the EU, one of his country’s most important postings abroad, replacing his predecessor David Lin who was appointed Foreign Minister late last year.

In Mr. Malosse’s opinion ‘the crisis facing Europe is first and foremost a crisis of estrangement between the EU and its citizens’. He wants a change and the role of the EESC is clear, it has to ensure that civil society has a voice in EU decision-making.

New EESC President Malosse put citizens at the heart of the EU public debate

By: EBR | Wednesday, May 1, 2013

The Frenchman Henri Malosse kicked off 2 1/2-year tenure as head of the oldest EU institution that represents civil society.

Other key areas are the strict division of European Central Bank staff between monetary policy and supervision to ensure that the supervisory arm of the ECB is truly accountable; strengthening the European Banking Authority, in relation to the ECB, and also improving its ability to undertake stress tests and obtain information; and establishing a system which will uphold the diversity of the EU banking sector.

Under Cypriot clouds a landmark deal on single bank supervisor secured!

By: EBR | Tuesday, March 19, 2013

While the struggle around the Cypriot bailout went on today, the Irish Presidency has reached a provisional agreement with the European Parliament to create a single supervisor for cross-border Eurozone banks.

Europe as a whole - as opposed to Europe as an amalgam of 27 - needs to pool resources. Cohesion policy, and more urgently, a digital single market, is key to addressing macroeconomic and regional disparities at EU level and should be at the core of the internal market policy for enhancing competitiveness, productivity, growth, and job creation.

Silicon Europe

By: EBR | Monday, September 10, 2012

To envision a European Silicon Valley, in the image and likeness of the original version in the San Francisco Bay, is more or less like seeing a mirage in the desert. Europe is a starry-eyed idealist, always taken aback by its own modesty.

Entrepreneurship Summer School / Editorial

By: EBR | Monday, September 3, 2012

ThinkYoung and Google organized the second edition of the Entrepreneurship Summer School which was held from the 9th to the 13th of July.

Entrepreneurship, Spain and failure

By: EBR | Monday, September 3, 2012

On Wednesday 11th of July, Mrs. Isabel Benjumea, founder and CEO of GREATNESS, spoke at the European Parliament to a group of young entrepreneurs from different nationalities, in a debate promoted by ThinkYoung’s Entrepreneurship Summer School.

Europe united in a more entrepreneurial atmosphere

By: EBR | Monday, September 3, 2012

The stereotypes and the fear to fail is in most cases the biggest barrier to a more entrepreneurial oriented class in Europe.

Is the European youth entrepreneurial oriented?

By: EBR | Monday, September 3, 2012

The data don’t show it, but the answer is simple and clear - yes. Between the 9th and the 13th of July Brussels hosted the second edition of ThinkYoung’s Entrepreneurship Summer School to which 70 participants from 19 countries came, expressing Europe’s multicultural.

Learning Entrepreneurship by building on Innovative Learning Methods from European Industry Executive Levels

By: EBR | Monday, September 3, 2012

Building a stronger culture of entrepreneurial mind-sets amongst young Europeans is a key driver in tackling major European challenges such as competitiveness and youth unemployment, and is therefore becoming more and more embedded in policy across Europe.

Peers in Passion

By: EBR | Monday, September 3, 2012

Someone said that great minds have purposes, others have wishes. This considering, what happens when 70 young brilliant minds, with the challenging common goal of becoming successful entrepreneurs, get together for one whole week? Now I know, because I was there, the outcome is just amazing.

The failure of the Greek programs has been seen by many as a Greek failure. Until now, few have considered the possibility that the failure of the many Greek programs could be the programs themselves.

A European and Greek Tenable Choice

By: EBR | Thursday, July 26, 2012

Four fundamental flaws have compromised Greek policy efforts and need to be reconsidered to solve the financial crisis of Greece and more broadly of Europe.

The FTI Consulting research shows that nearly half (47%) of investors think a country leaving the Eurozone will be worse off. However, 77% of investors in Western Europe are prepared to take advantage of investment opportunities with various Euro and other EU country scenarios.

Investors want CEOs to engage in EU Policy debate

By: EBR | Monday, June 4, 2012

According to the latest research from FTI Consulting*, investor interest and enterprise value benefit from active Policy Involvement and investors expect more face-to-face engagement with policymakers.

It is clear that the institutional instability that the EU has known over the last 10 years is in itself a source of legal instability. Just as a reminder of the long list of reforms the EU has undergone: the draft Constitutional Treaty, the comitology reform of 2006, the Treaty of Lisbon end 2009, a new comitology reform in 2011.

Concerns over the EU legal order

By: EBR | Thursday, May 31, 2012

How far can the European Commission go in interpreting procedural rules? Several recent cases fuel this discomfort

Economical incentives on here and now became more important than long-term investments in youth and education. Young people are now just digits in statistics of how many of them travel abroad, how many get a scholarship, how many trainings, how many researches… Values and being an active member of the society stopped being important. We cannot measure it.

Short Story of Converting People into Digits

By: EBR | Tuesday, May 15, 2012

Many people complain about the lack of presence of the European Union in the life of ordinary citizens. Many complain that they are actually not aware of what this huge structure of supranational or intergovernmental organisations is doing...

Anna-Maria Darmanin is Vice-President of the European Economic and Social Committee

EU moving towards a European Energy Community

By: EBR | Friday, February 17, 2012

The European energy community is Jacques Delors’ visionary response to challenges that, if not addressed, have the potential of putting the European countries and the EU at risk. And so far, the main energy challenges have not been adequately addressed.

In short, the true beneficiary of a reversion to the drachma is the whole system of power cultivated by the political class since the fall of the dictatorship in 1974. It is this informal, implicit power setup, which until recently was often invisible to the general public, that is presently under threat. It would be given a fresh lease on life by a return to the drachma and the nearly certain devaluation-inflation spiral that will follow.

Greece: Why Not Go Back to the Drachma?

By: EBR | Monday, February 13, 2012

In the international debate about Greece's future options, it is often argued that the only way out for Greece is to abandon the euro and return to its national currency.

Indeed it is no news for attentive observers that most Southern European economies suffer from deep structural weaknesses that have been partly responsible for their weak growth rate in recent decades.

Europe′s salvation lies within itself

By: EBR | Thursday, January 5, 2012

Red alert, passengers. We are not joking anymore. We are not talking about the possible “restructuring” of the sovereign debt of a single peripheral country.

To its credit, the Papademos government mastered two important challenges early on: it secured the payout of the sixth international loan tranche of more than €8 billion ($10.45 billion) from the €110 billion European Union and International Monetary Fund bailout package agreed in May 2010. And the parliament has passed the state budget for 2012.

New Greek Government Runs Out of Steam

By: EBR | Friday, December 30, 2011

Six weeks after forming a transitional government to overcome its crisis, Greece is still failing to deliver its promised reforms. The cabinet of Prime Minister Lucas Papademos is deeply divided and has lost the public's confidence.

Havel’s death comes at a time of massive demonstrations in Russia to protest ballot fraud; violence in Egypt as democratic activists battle the deeply entrenched military; an uprising in rural China against corrupt local officials; and police in body armor violently dismantling the Occupy protest sites in American cities. Power and truth remain locked in combat around the world.

The power of living in truth

By: EBR | Thursday, December 22, 2011

The world’s greatest shortage is not of oil, clean water, or food, but of moral leadership. With a commitment to truth – scientific, ethical, and personal – a society can overcome the many crises of poverty, disease, hunger, and instability that confront us.

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