Tag Archives: Brexit

Earlier today, the Governor of the Bank of England, Andrew Bailey, gave a speech at the Resolution Foundation outlining the nature of the Covid-19 crisis and the challenge that it poses for monetary policy. But as his speech progressed, it became clear that the Bank faces a much larger challenge. Covid-19 hit the UK economy at the end of a dismal decade. Returning to "where we were" before the pandemic won't be good enough. Just how dismal the 2010s were is evident in this chart from Andrew...

Sabine Beppler-Spahl ist Diplom-Volkswirtin, Deutschlandkorrespondentin des britischen Online-Magazins spiked sowie Vorsitzende des Vereins Freiblickinstitut. Im März 2019 erschien ihr Buch, Brexit- Demokratischer Aufbruch in Großbritannien (Parodos Verlag). Monatelang behinderte die Frage, wie mit dem Status Nordirlands umzugehen sei, die Brexit Verhandlungen. Der jüngste Streit zeigt, dass er trotz Austrittsvertrags längst nicht gelöst ist. Der Brexit ist, nach...

Die Berichte der deutschen Presse zu den Verhandlungen zu einem Handelsabkommen zwischen der EU und Großbritannien lesen sich wie das Drehbuch zu einem Fantasy C-Movie. Das immer Gute – die EU – gegen das personifizierte Böse – Boris Johnson. Bundesfinanzminister Olaf Scholz fordert von den Briten die Einhaltung des Brexit-Abkommens. Habe ich da etwas verpasst? Wurde bereits ein Handelsabkommen zwischen der EU und Großbritannien abgeschlossen? Und haben die Briten...

For Yanis Varoufakis, lockdown has not been a time of contemplation. “I have more work now than I ever did. As you know, everything has shifted to Zoom meetings, which means zero separation between the private and the public,” he explained when we spoke recently, during one such video call. The 59-year-old economist, former Greek finance minister, game theorist and “erratic Marxist” has divided his time since...

Former Greek finance minister Yanis Varoufakis told Jacobin why he’s publishing his secret recordings of the critical Eurogroup meetings of 2015 — and why the Left around Europe is struggling to overcome Syriza’s disastrous legacy. Yanis Varoufakis during his speech in Hellenic Parliament. Dimitrios Karvountzis / Pacific Press / LightRocket via Getty INTERVIEW BY George Souvlis When Syriza was voted out of...

The motives and thinking behind Brexit were even less worthy than those behind US President Richard Nixon’s move in 1971 to ditch the Bretton Woods system. But, as with the “Nixon shock,” there is a singular underlying historical factor that explains Brexit. ATHENS – At pivotal historical moments, rational political ruptures often are brought about for all the wrong reasons. UK Prime Minister Boris Johnson’s...

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During 2015’s first half, as Greece’s finance minister, I participated in thirteen crucial Eurogroup meetings – before the SYRIZA government (disrespecting the referendum result of 5th July) capitulated. The result of that capitulation was my immediate resignation and a permanent austerity program (until… 2060).  From the beginning, the first Eurogroup, it was clear that the troika leaders dominating those...

To my European Friends: I just wanted to tell you that, although my country has made the insane, childish and probably suicidal decision to leave Europe, I remain proud to be a European, and proud of the great social experiment that the EU represents. In my mind, I’m still in Europe, and that is where I will stay. For England it’s all over now, and the next generations will judge the results. But I’m writing...