Tag Archives: Europe & Eurozone

The EU’s hugely complex banking resolution framework is generally supposed to have one key goal – to ensure that failing banks are ‘resolved’ without recourse to public bail-outs, thereby breaking the link between private banks and sovereigns…  The reality, we have seen today, is quite different – and, it seems, legal!  The EU can just about argue that technically, the rules have not been broken - but overall, the appearance is of a policy in logical disarray once again.After...

This article is co-authored by Ann Pettifor and Jeremy SmithOur “Open Letter” published yesterday has been welcomed widely. In this post, we want to respond to the constructive comments and queries made about the practicality of our proposed strategy, particularly around our ideas for the process of engagement with the EU. First, we want to underline: Brexit negotiations with EU partners are due to begin in a few days. There is great urgency, therefore, for Labour to develop...

This article is co-authored by Ann Pettifor and Jeremy SmithAfter an exhausting and successful national campaign, it is hard for campaign strategists to think of next steps. But we are at a critical historical juncture, and a range of opportunities present themselves. Choosing the right political and economic strategy now is vital. Here’s a proposal. Labour should pursue two major complementary policy goals. The first: to end austerity, and implement a Green New Deal across...