Designing a Genuine EMU: Which "Unions" for EU and Eurozone? Bruges European Economic Policy (BEEP) Briefing 34/2014

The initial ‘framing’ (in the summer of 2012) of the ‘genuine EMU’ for the wider public suggested to design an entire series of ‘unions’. So many ‘unions’ are neither necessary nor desirable – only some are and their design matters. The paper critically discusses first the negative fall-out of the crisis for EMU, and subsequently assesses the fiscal and the banking unions as accomplished so far, without going into highly specific technical details. The assessment is moderately positive, although there is ample scope for further improvement and a risk for short-term turbulence once the ECB has finished its tests and reviews. What about the parade of other ’unions’ such as economic union, social union and political union? The macro-economic imbalances procedure (MIP) and possibly the ESRB have overcome the pre-crisis disregard of macro competitiveness. The three components of ‘economic union’ (single market, economic policy coordination and budgetary disciplines) have all been strengthened. The last two ‘unions’, on the other hand, would imply a fundamental change in the conferral of powers to the EU/ Eurozone, with drastic and possibly very serious long-run implications, including a break-up of the Union, if such proposals would be pushed through. The cure is worse than the disease. Whereas social union is perhaps easier to dismiss as a ‘misfit’ in the EU, the recent popularity of suggesting a ‘political union’ is seen as worrisome. Probably, nobody knows what a ‘political union’ is, or, at best, it is a highly elastic notion: it might be thought necessary for reasons of domestic economic reforms in EU countries, for a larger common budget, for some EU tax power, for (greater) risk pooling, for ‘symmetric’ macro-economic adjustment and for some ultimate control of the ECB in times of crisis. Taking each one of these arguments separately, a range of more typical EU solutions might be found without suggesting a ‘political union’. Just as ‘fiscal capacity’ was long an all-or-nothing taboo for shifting bank resolution to the EU level, now solved with a modest common Fund and carefully confined but centralised powers, the author suggests that other carefully targeted responses can be designed for the various aspects where seen as indispensable, including the political say of a lender-of-last-resort function of the ECB. Hence, neither a social nor a political union worthy of the name ought to be pursued. Yet, political legitimacy matters, both with national parliaments and the grassroots. National parliaments will have to play a larger role.

The Energy Union: what is in a name? EPC Commentary, 18 March 2015

On 19-20 March, the EU Council will react to the Commission’s Communication on the Energy Union. Considering the high expectations, the reactions have been diverse so far, with complaints about the lack of attention for some specific interests or unsurprising credit as the document is vague enough to accommodate all wishes. However, a general consensus has emerged about the need for a holistic approach. States and stakeholders seem to recognise that the main challenges Europe faces in energy matters are deeply interconnected and can no longer be treated separately and without a larger role for the EU.

Green Diplomacy Network – What is in a name? EPC Commentary, 29 February 2016

The external representation of the European Union (EU), with 28 member states plus the Brussels institutions, has a complex architecture. While the inauguration of the European External Action Service (EEAS) and the transformation of European Commission offices worldwide into EU delegations in December 2009 were meant to streamline external representation patterns, such hopes have only been partially attained. Despite a continuing series of national embassy closures abroad by EU member states, mostly spurred by shrinking budgets, many countries in the world host embassies from nearly the full complement of EU member states along with an EU delegation.

Prospectus of the Rev. Mr. Peers' school, to be known hereafter by the name of the Eclectic institute, and conducted by Rev. Benjamin O. Peers, Mr. H. Hulbert Eaton and Mr. Henry A. Griswold.

Mode of access: Internet.

Complete name index to Beers' History of Wyoming County, N.Y., 1880 /

Mode of access: Internet.

The law of charitable uses, rev. and much enl.; with many cases in law both antient and modern: whereunto is now added,the learned reading of Sr Francis Moor, Kt. ... upon the statute of 43 Eliz. concerning charitable uses, (who was a member of that Parliament when that statute was made, and the penner thereof.) Abridged by himself, and now printed by his own original manuscript. Together, with the manner of proceedings in Chancery, by information, in the name of the King's attorney-general, for relief, on divers cases, wherein the aid of this statute is not required ... Methodically digested,

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Towns of New England and old England, Ireland and Scotland : connecting links between cities and towns of New England and those of the same name in England, Ireland and Scotland : containing narratives, descriptions, and many views, some done from old prints : also much matter pertaining to the founders and settlers of New England and to their memorials on both sides of the Atlantic /

"Written to commemorate the tercentenary of the landing of the Pilgrims."

Pontefract; its name, its lords, and its castle. A concise history.

Mode of access: Internet.

Name of Garland.

Novel.

A descriptive account of the several processes which are usually pursued in the manufacture of the article known in commerce by the name of tin-plate /

Printed by the executors of S. Russell, Manchester.

The key to the bottomless pit, or, A daguerrean likeness of the beast with seven heads and ten horns, with his foot prints, and the number of his name : found between the lids of the Old Bible ...

Mode of access: Internet.