Miguel discusses Italy’s relationship with the Eurozone and how political economic factors – among others – affect this relationship. Available to read on the Elcano blog.
Articles
The euro: an orphan who no longer needs his parents?
Miguel writes about Martin Sandbu’s Europe’s Orphan: the Future of the Euro and the Politics of Debt was the best book on the Eurozone crisis. Available to read on Elcano’s Blog.
Chinese Investments in Europe
Miguel’s joint article with John Seaman and Mikko Huotari on how Europe can strike the right balance between security and economic openness is available to read in The Diplomat.
El Brexit divide las dos almas de la City de Londres
La City de Londres es un sitio tremendamente interesante. Pocos saben que su Corporación es una de las comunas democráticas más antiguas de la historia. Desde hace siglos la City, esa pequeña aldea donde el poder y el dinero global se entrelazan cada segundo, ha desarrollado dos almas. Una patriótica y la otra cosmopolita. En este artículo publicado en Economía Exterior explico porqué se enfrentan ante la posibilidad de un Brexit.
Why Sir Mervin is wrong about the break-up of the Euro
In his new book The End of Alchemy, Lord Mervin King, former governor of the Bank of England (the Old Lady), argues that the Euro will break up because it is formed by countries too divergent to work together. So even if the North would cancel the debt of the south the structural problems and tensions will remain. He summarises his argument in an op-ed published by The Telegraph here.
Once I read his piece, I immediately asked my colleague Erik Jones to write together a response to Mervyn arguing that the Euro is not really the cause of the Eurozone’s problems, and that the solution is not going back to the old national currencies but rather further fiscal integration. One point we make is that the majority of Eurozoners want to stick to the Euro. So what makes Lord King believe he knows better than them…Luckily, the editors of The Telegraph liked our piece and it was published here. We thank them for giving us the chance to get our views to their readership and to Lord King.