Financial crisis
Is the Greek debt saga finally over?
A large cash buffer and new debt relief measures limit the risk the Greek government runs into payment difficulties in the short run. Yet due to its high debt Greece...
Greece will not default this summer, yet debt sustainability is questionable
Greece needs money to repay creditors in July. Debt relief is the main outstanding issue retarding the transfer of funds from creditors to Athens.
Four scenarios for Europe - scenario 1: ‘Muddling through’
The EU and the eurozone continue to exist, but cooperation between Member States becomes increasingly difficult. Problems are repeatedly addressed with half measures,...
Four scenarios for Europe: Introduction of the scenarios
The future of political and economic integration in Europe is still unknown. That is why we have defined four future scenarios for Europe.
Four scenarios for Europe - scenario 4: 'Two-speed' Europe
The Member States decide amicably to change the composition of the Eurozone. Some countries leave in a process controlled by the ECB, but retain access to the Single...
Four scenarios for Europe - scenario 2: ‘Further Integration’
Cooperation between the Member States improves and European integration progresses in important areas. Problems occurring are effectively and collectively addressed.