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Open Think Tank Articles

February 24, 2010 | Spain's War in Afghanistan

Ed Burke: Spain cannot avoid the incoming fight in its Area of Responsibility in Afghanistan and should resource the mission properly. The Spanish responsibility to link the southern and western parts of Afghanistan to the north remains essential in the fight against the insurgency.

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February 12, 2010 | Is Greece the New Lehman Brothers?

Joerg Wolf: How should the euro zone members deal with the PIIGS? Portugal, Ireland, Italy, Greece and Spain have big budget deficits and other economic problems that lead to speculation against the euro. How serious is it? What should be done?

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August 26, 2008 | Spanish Engagement in Afghanistan: An Undefined Mission

Eva Diez: The Spanish government asserts its soldiers are only involved in humanitarian operations. But in Afghanistan their main mission is to enable the US to realize its own strategic plans. Now is the right time for Spain to define and press for its own interests.

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June 20, 2007 | Portugal Plans Africa Focus During EU Presidency

Ana Gomes: I detail the Portuguese agenda for EU external relations over the next six months. While the Constitution will be an obvious priority, the flagship event for the presidency will be the EU-Africa Summit in December 2007. Portugal wants to strengthen the transatlantic alliance and organize the inaugural EU summit with Brazil. Renewed emphasis on the Euromed process and European Neighbourhood Policy is also planned.

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Global Must Read Articles

May 11, 2012 | Spain Needs Audacity, Not Half-Measures

Spain must be bold in order to reestablish confidence in it banks. ++ Without healthy banks, the Spanish economy will continue downhill. ++ Current measures have been too little, too late. ++ Policymakers have been indecisive and instead of offering solutions are blaming others for unfairly targeting Spain. ++ In reality, the banks need fresh money. ++ Spain has not addressed its problems

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April 20, 2012 | The Spanish Struggle

Spain faces a structural crisis. ++ International demand for Spanish bonds is extremely low, making Spanish banks the main buyers. ++ This comes in the aftermath of the Spanish government playing politics and not offering sufficient reforms. ++ The central government must take steps such as cutting public wages, freezing pensions, and postponing retirement ages. ++ Spain should also absorb

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November 25, 2011 | Spain Calls. Will Merkel Answer?

Newly elected Spanish PM Mariano Rajoy has the country’s biggest mandate in 30 years, but he will still need plenty of outside support to tackle Spain’s imposing economic issues. ++ He is hoping that Germany and the ECB will publically support his proposed reforms, but Angela Merkel has said she wants to see real action first. ++ Because the situation is so tenuous and Rajoy will not

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October 27, 2011 | Eurozone Summit Fails to Address Unemployment

As Eurozone leaders agreed to continue with austerity and forced the banks to write off 50 percent of Greece’s debt, the effect of these measures will hardly be felt by Southern European countries plagued by unemployment. ++ Medium and small businesses are teetering on the edge of bankruptcy resulting in massive layoffs and a drastic drop in productivity. ++ Bailouts and austerity measures may

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October 26, 2011 | More Productivity, Less Austerity Will Save Europe

The lack of a common fiscal policy is what allowed the Eurozone debacle to occur. ++ Europe has at the same time experienced extremely low levels of growth compared to the US and emerging markets, forcing it to accrue debt to prevent living standards from deteriorating. ++ Germany’s austerity plan will do little to stimulate growth in Southern Europe. ++ Europe requires wide-reaching structural

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September 2, 2011 | Eurozone Success is Up to Germany

Germany faces a choice in the eurozone crisis: allow the creation of a full-blown debt union, or let the euro fail. ++ Berlin has benefitted hugely from the currency union, with the economic surge of the last decade attributable largely to exports to other eurozone countries. But there is also much skepticism about the “morality” of bailing out Southern European countries. ++ The

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August 8, 2011 | Doomed to an Economic Double-Dip?

The world economy risks a double-dip, a second severe recession, thanks to an EU debt crisis, fiscal instability in the US, and slow manufacturing seemingly everywhere else. Policy makers are quickly running out of options to trigger recovery. ++ Now, economies that still have market access should “introduce new short-term fiscal stimulus while committing to medium-term fiscal

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July 22, 2011 | Europe Must Share the Debt Burden

Thursday’s emergency EU summit created an immediate rescue package for Greece and a sliver of hope for Italy and Spain, but the euro’s stability in the long run depends on the taxpayers. ++ The heavily devalued national bonds of indebted states should be replaced by collective eurobonds, backed by all eurozone governments, to stabilize and attract investment. ++ This is unpopular

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September 8, 2010 | Nuclear Reprieve is Now the Fashion

The German conservative government’s decision to prolong the operating life of the country’s nuclear plants “shows the way for other countries, in particular Spain.” ++ Spain also wants to keep its Garona plant running. ++ However, Berlin is risking a lot in political terms. ++ While nuclear reactors produce only 23 percent of Germany’s energy, half of its citizens are opposed to extending

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July 19, 2010 | Spain Worried About Cuba's Intentions

With nine newly released political prisoners arriving from Havana today, Spain is now “obliged to try to get the EU to change its policy towards Cuba following this gesture.” ++ The question remains whether the prisoners are being freed or exiled. ++ “It is risky to respond with a political initiative to a humanitarian gesture whose ultimate scope and intentions are

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June 17, 2010 | Burqa Debate in Spain Misses Point

The Spanish government is finally facing up to demands to outlaw the burqa in public places. ++ “Only a calm debate… is capable of shedding light on a subject that doubtlessly is a cause of concern to our citizens.” ++ However, the debate ignores the underlying problems. ++ For one, the veil “restricts a woman in her personal rights.” ++ Second, the debate must

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February 15, 2010 | Eurozone: One Size Does Not Fit All

Spanish and Greek deficits are a godsend for advocators of fiscal discipline. ++ This is just one aspect of the problem. ++ European elites are being blamed for ignoring signs that proved Europe was not ready for one currency. ++ The inflexibility of the Euro is preventing the Spanish economy for instance,  from recovering. ++ The breakup of the Euro is neither likely nor feasible. ++ The

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February 10, 2010 | Spain is the Weakest Link in the G-20

The Spanish gov’t. is doing damage control to combat the belief that the country is holding back the rest of the eurozone. ++ Spain is the only G-20 country still to be in a recession as of the 4th quarter of 2009. ++ “The eurozone could drift, essentially with a bifurcation, with a strong centre and a weaker periphery.” ++ Comparisons to Greece should be avoided as Spain is in

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December 15, 2008 | China's Great Depression

The myth of decoupled markets is all but shattered. ++ Asian countries, especially China, who benefited from trade imbalances and western overconsumption, will have difficulty adjusting. ++ In reaction to these new economic conditions trade deficit countries could absorb the production imbalance through government spending; trade surplus countries could attempt to increase domestic consumption to

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Comments

August 3, 2010 | Guy- I thought your article made a very good...

July 31, 2010 | I think this article makes a good point in...

February 27, 2010 | This is one strand of the current Spanish...

October 7, 2008 | When the Author says "simply am not interested...

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