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On the way to trade justice in the EU?1
- International Trade, Op-ed
- 07/09/2016
With the political and social challenges currently faced by the EU, as well as the threats of disintegration, it is essential to re-access the existing structures from several angles, namely its trade policy. One of the largest free trade agreements – TTIP is hotly under debate and CETA has been approved by the EU parliament. But should these be the fundamental and primary focus of the EU in this field for a healthy future of the Union and its citizens? Wouldn’t it be more important to, instead of aiming towards big free trade agreements, focus first on how trade is done: its sustainability, development, justice and fairness?
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European Pillar of Social Rights: a blunt weapon in the fight for citizens’ hearts 0
- Op-ed, Social and Economic Policy
- 06/09/2016
The EU licks its wounds after the Brexiteers’ narrow victory in June. The Union’s support base, which has crumbled under the EU’s reaction to the economic crisis, needs an answer to prevent further decay. That answer might take the shape of what the EU is still largely lacking: a social rights dimension. But can the EU successfully wield this very sensitive national competence to fight the fear to lose authority? The answer is in the dosage. If social rights are the EU’s weapon of choice to fight its negative image, the Pillar is a blunt knife to the European citizens’ heart.
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The Refugee Crisis and EU integration: The Need for a Fine Balancing Act 1
- EU Governance and Politics, Human Rights and Migration, Op-ed
- 06/09/2016
The ongoing refugee crisis in Europe is threatening to unravel the very fabric of EU integration. It played a decisive role in determining the outcome of the ‘Brexit’ vote, and has sown the seeds of discord across the EU. To prevent further disintegration, the Union must develop a coherent and comprehensive migrant integration policy, and because it must do this amidst a strained political-economic climate, this will need to be a fine balancing act.
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Ain’t no Atlas strong enough to support the Italian banking system on its shoulders 0
- Financial Policy and International Markets, Op-ed
- 05/09/2016
As a whole, Italian banks have non-performing loans (NPL) worth 198bn euros. Add in so-called “sofferenze”, i.e. debt at risk of non payment, and the total amount rises to 360bn euros. The Italian government has strong-armed the banks into setting up a fund – called “Atlante” – that will act as a backstop for banks that are trying to raise capital and cannot find buyers for their new share issues. Unlike the myth it echoes though, Atlante is not strong enough. And, with Mr Renzi, Italy’s PM, putting his legitimacy at stake with the referendum coming up in October, the government might not have the ability and time to do anything better.
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Coral Conundrum: the ignored victim of the South China Sea 2
- Environment and Energy, Op-ed
- 05/09/2016
The arbitral tribunal under the United Nations Convention on the Law of the Sea (UNCLOS) recently ruled overwhelmingly in favor of the Philippines in its case against China’s maritime claims in the South China Sea. After a month, however, the contested waters of Southeast Asia remain mired in military tensions, with little attention given to the “voiceless victims” for which the stakes are higher: the coral reef ecosystems – and the people whose living rely on them.
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Europe of concentric circles… or divergent values 0
- EU Governance and Politics, Op-ed
- 02/09/2016
The elephant in the room is now too big to be ignored and too obvious to be buried in mumblings.
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