Catalonia’s newly elected regional government announced a road map to independence from Spain in November last year. The response of the Madrid government was to threaten to cut off the financial supply lines to the region. With an acutely cash-strapped Catalonia facing over €4.6 billion of bond redemptions in 2016 this threat from the […]
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Rethinking the European Union: Part One
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Global debt and the great rebalancing
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Germany’s Role in the Eurozone Crisis
The Feckless and the Prudent: or why your surplus is the same size as my deficit
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