Analyses - EBR

Edition: International | Greek

FOLLOW EBR MAGAZINE ON:

Home » Analyses

Given that the fiscal targets are “on track”, the emphasis now is on the reforms required to sustain the gains of the programme after its conclusion in 2018, he added. Dijsselbloem said creditors are “moving away from austerity and focusing more on deep reforms, which was also a key criterion for the IMF”. “I don’t see signs of higher concern,” said Italy’s Minister of Economy and Finances, Pier Carlo Padoan. “I see and hope to see some sign of progress,” he told reporters in his way into the Eurogroup meeting. “There is no risk of ‘Grexit’,” added his French colleague Michel Sapin, referring to a possible Greek exit from the eurozone. By adopting this “shift”, he expected to win the IMF’s approval to return to the programme, a key condition for various countries to continue lending to Greece, including Germany.

Greece’s lenders shift from austerity to reforms

By: EBR | Tuesday, February 21, 2017

The Eurogroup took a small step on Monday (20 February) towards the completion of the second review of Greece’s €86 billion rescue programme, placing the emphasis on reforms over austerity to reduce the country’s huge debt pile

Traditionally, technology progress outpaces the political process: we already missed drafting the moral charter for the internet, and continue to play catch up till this day. We cannot afford to be blind-sided by the next frontiers, be it in biotechnology or AI. Our future is increasingly being scripted by engineers and entrepreneurs, who are not necessarily being held to account.

The moral dilemmas of the Fourth Industrial Revolution

By: EBR | Friday, February 17, 2017

Should your driverless car value your life over a pedestrian's? Should your Fitbit activity be used against you in a court case? Should we allow drones to become the new paparazzi? Can one patent a human gene?

Second on the Telegraph’s list is Qatar. More than 75% of its population is foreign-born. Indians are the biggest group of immigrants, numbering 646,000. People from Egypt and Bangladesh form the next largest groups with 164,000 and 160,000 respectively. Hundreds of thousands of migrants are working to build the infrastructure for the FIFA World Cup finals that Qatar will host in 2022.

Which countries have the most immigrants?

By: EBR | Friday, February 17, 2017

One of the biggest mass movements of people in recent history continues to dominate news headlines and political discourse

So at its most dangerous, ‘post-truth’ has the potential to turn into Orwellian newspeak. It normalises the situation where facts no longer have any weight to them. It neutralises the sinister undertone of fake news and online hate speech. It paralyses us, leaving us feeling like there is nothing to be done since the blade of our best weapon, truth, has been made blunt and rendered useless.

Why we should resist the idea and practice of ‘post-truth’

By: EBR | Thursday, February 16, 2017

In November 2016, after what was by any measure a tumultuous year for Europe and the world, Oxford Dictionaries chose ‘post-truth’ as its Word of the Year

The protectionist model, like that used by Japan, Switzerland and Norway, incentivises domestic production with trade barriers and high prices; the decoupled subsidy model, like the EU’s Common Agricultural Policy (CAP), supports farm income without incentivising overproduction; and the income insurance model, like the one used by the US and Canada, helps farmers through crises.

Britain can become ‘global leader’ in agricultural trade outside EU – study

By: EBR | Saturday, February 11, 2017

Adopting a market-oriented agricultural policy after leaving the EU could make Britain a world leader in agricultural trade in the decade to come, according to a briefing published on Thursday (2 November) by leading UK think tank Chatham House.

The network effect digital businesses enjoy creates a winner-takes-all environment, while the consequent and ever-expanding data deluge enables such companies to drive efficiencies and do far more with less. The net result of fewer successful companies employing ever-fewer people is of course a hugely reduced tax base – with the burden of healthcare and pensions falling on individuals, and ultimately, increasingly, government. Furthermore, the fact that these companies are not tied to any particular geography and can base themselves wherever is most tax-efficient (in fact, governments are scrambling to offer incentives to attract these corporations) explains why corporate taxation rates across 28 G20 and OECD countries have plunged from an average of 45% in 1983 towards 25% today.

The digital revolution is destroying our democracies. It doesn’t have to be that way

By: EBR | Friday, February 10, 2017

Amid the waves of populism currently engulfing many Western democracies, it’s all too easy to forget the core purpose of governments; what the men and women who roam the corridors of power, and the civil service who support them, are actually supposed to do

Traditional parties have shown they are unable to fight the populists. Their strategy has been to appropriate parts of their message and proposals. On the right Sarkozy stood in the Gaullist primaries on a platform mimicking Le Pen; on the left, Jeremy Corbyn, the British Labour leader, has embraced Brexit and adopted an anti-immigrant message. Podemos and Syriza stand with the far right in glorifying old-fashioned national sovereignty. Macron, however, recently pointed out that the only effective sovereignty in today’s world is European sovereignty; that is an open, inclusive and tolerant society.

Macron, the anti-Trump

By: EBR | Wednesday, February 8, 2017

Macron winning the French presidency would be more than just a breath of fresh air for the European Union: it would an undeniable victory of Enlightenment values against the populist threat, argues Beatriz Becerra

The EIB President said: “The Investment Plan for Europe has been a true game-changer for the Bank. We have created new products, we have reached out to new clients – 3 out of 4 are new to the Bank – and we have built new partnerships, in particular with the national promotional banks. Extending the European Fund for Strategic Investments will help Europe meet the challenges of a changing world economy.” The President warned against complacency.

EIB’s strong contribution for European growth and investment in 2016

By: N. Peter Kramer | Friday, February 3, 2017

The European Investment Bank (EIB) Group signed operations worth 83.8 billion euros supporting total investments in the order of 280 billion euros in 2016

It is also important to note that networking profiles are not forever fixed. Humans can learn and adapt. While making a move from Purist to Player is quite rare, people can make adjustments as to how they go about establishing and maintaining social relations in their work settings. Like any change, however, it takes awareness of an individual’s current state and some ideas for where it is they want to go.

How to get ahead when you hate networking

By: EBR | Thursday, February 2, 2017

Networking is important for career growth but not everyone loves it

In Parker’s view, corporate universities and business schools have different but complementary strengths, making them natural partners rather than rivals. Collaborating with CUs occurs in several stages: “The first step is to identify key players in the value chain”, Parker says. “We work with them to come up with the highest-impact curriculum, which is then tested on smaller groups of people and then, together with the corporate university, we roll it out…We take learnings from that and then we augment it and scale it.”

The future of the corporate university

By: EBR | Thursday, February 2, 2017

Phil Parker is an INSEAD Professor of Marketing and the Chaired Professor of Management Science. He is the programme director for Business Strategy for HR Leaders, an Executive Education programme at INSEAD

The freedom of individual opinion and cultural diversity, which spawns from the tolerance of the many and common minds towards the few and exceptional ones, comes at the price of having occasionally to allow abnormalities and eccentricities. When, however, the freedom to differ is limited to trivialities, then it is a mere shadow of freedom; the endurance of the establishment is not so much assessed in the insignificant matters, but in those touching the core of its status.

Our own flag

By: EBR | Wednesday, February 1, 2017

In January 1942, the West Virginia State Board of Education adopted a resolution ordering that all teachers and pupils should be required to participate daily in a flag salute ritual, as a tribute to the symbol of the nation

Hence, former US President Barack Obama included in his Athens speech some thoughts and determinations that eventually had to be loudly spoken out. In contrast with the general superficial tendency to introduce democracy as being naturally perfect and as an end in itself, even sometimes as inheritable, and in response to the sly who invoke it as panacea and as a magical solution that requires neither rationality nor honesty, nor self-criticism, Obama clarified that democracies are not happiness pills and they are not established by a divine right: we, the people, chose them because they provably promote civilization, they provably reduce wars, they provably support social justice.

The flatterers of democracy

By: EBR | Tuesday, January 31, 2017

Discussions revolving around the success or failure of democracy are disturbingly frequent. At least, though, they are usually a pretext. In fact they try to cover up a willingness to blame the polity for a recent failure; usually a financial one

It is clear that migration needs to be well managed in order to realize its potential. In the short term migration may cost; in the long term it will pay dividends. Certainly we are not advocating for open borders. But neither are we, nor should anyone interested in putting their national economy first, be advocates of closed borders.

It’s time to restate the business case for migration

By: EBR | Monday, January 30, 2017

Two weeks ago at the World Economic Forum's Annual Meeting in Davos, we heard again and again from private sector leaders why migration and diversity is good for business

In other cases, child information is included in the cloud by societal systems with blind understanding of the consequences. Already more than 90% of young people between the ages of six and 17 access the internet across Europe, according to the OECD data. More than 50% of children use social media by the age of 10. And nearly all children who participate in digital media and share information do so without understanding what it means for their privacy.

How can we help kids protect themselves online?

By: EBR | Friday, January 27, 2017

We are living in a renaissance period of new digital media and technologies that are reshaping the world around us. A wide and growing cross-section of the world’s population has become immersed in this hyperconnected digital world, in turn transforming the ways we communicate and interact

I urge the members of the U.N. Security Council — the body that bears primary responsibility for international peace and security — to take the first step. Specifically, I propose that a Security Council meeting at the level of heads of state adopt a resolution stating that nuclear war is unacceptable and must never be fought. I think the initiative to adopt such a resolution should come from Donald Trump and Vladimir Putin — the Presidents of two nations that hold over 90% of the world’s nuclear arsenals and therefore bear a special responsibility.

Mikhail Gorbachev: ’It All Looks as if the World Is Preparing for War’

By: EBR | Friday, January 27, 2017

The world today is overwhelmed with problems. Policymakers seem to be confused and at a loss

Last but not least, 100 leading businesses signed the Compact for Responsive and Responsible Leadership. The Compact was developed with the Forum’s International Business Council which will now develop a framework which will allow the measurement of a long-term approach.

10 achievements from Davos 2017

By: EBR | Monday, January 23, 2017

Our Annual Meeting is often described as a talking shop, but it is also a working meeting for dozens of different communities from all regions of the world, all ages and all sections of society.

The encouraging news is that it is possible to reduce the number of people not advancing. Labor-market practices can make a difference, as can government taxes and transfers—although the latter may not be sustainable at a time when many governments have high debt levels. For example, in Sweden, where the government intervened to preserve jobs during the global downturn, market incomes fell or were flat for only 20 percent of households, while disposable income advanced for almost everyone.

Poorer than their parents? A new perspective on income inequality

By: EBR | Monday, January 23, 2017

The real incomes of about two-thirds of households in 25 advanced economies were flat or fell between 2005 and 2014. Without action, this phenomenon could have corrosive economic and social consequences

“The most important thing is to make the technology inclusive – make the world change. Next, pay attention to those people who are 30 years old, because those are the internet generation. They will change the world, they are the builders of the world.

These 3 trends will define your future, says Jack Ma

By: EBR | Friday, January 20, 2017

In a one-on-one interview on the second day of Davos, Alibaba founder Jack Ma gave his take on a wide range of global issues

Reforming the economic and political system and letting the Warsaw Pact countries “do it their own way” (the Sinatra song evoked by Gorbachev) were not just deeply troubling ideas. They were also directly antithetical to the elites’ power and to the ideological legitimation of their rule.

Trump: The West’s Gorbachev?

By: EBR | Friday, January 20, 2017

Will Trump have a similarly devastating effect on democracies that Gorbachev had on Communism?

Before the election of the Parliament President, S&D candidate Gianni Pittella announced that the traditional grand coalition between his party and the center-right EPP was over and would not be restored after the vote. The initial EPP/S&D deal for the Parliament presidency terms was signed by Martin Schulz and Manfred Weber. When the EPP leader revealed the document last week, he heavily critisised Pittella for breaking it, but not Schulz.

S&D: Schulz’s departure paves the way to the left

By: EBR | Thursday, January 19, 2017

The decision of former President of the European Parliament Martin Schulz to return to national politics is a “relief” for the Social Democrats’ group

Pages: Previous Next

EU Actually

Even Fox News participates in boycott of the White House after excluding CNN

By: N. Peter Kramer

In his weekly column N. Peter Kramer writes about President Trump’s denying CNN, Politico and MS reporters access to the White House press conferences. The three news media are going to court!

Europe

The Uncomfortable Truth About EU Enlargement

Before the next wave of EU enlargement takes place, the union needs to grapple with thorny questions of how power is distributed among its members.

Business

Businesscraft: Japan’s Quiet Discipline for a Fractured World

For almost thirty years after the end of the Cold War, geopolitics stayed away from the corporate boardroom. Geopolitical considerations belonged to the foreign ministry or to a dedicated risk committee back at headquarters, and rarely crossed a CEO’s desk.