spotlight europe #2015/04—October 2015: A Fiscal Union for Europe – Building Block and Not a Magic Bullet

The dramatic negotiations with Greece in the past few months have been a telling reminder of the weaknesses of the euro area. Most of the commentators are of the opinion that if the monetary union is going to be crisis-resistant and stable in the long term, certain very important elements will have to be changed. However, there is little or no agreement when it comes to specifying the "what" and the "how". In particular there are heated debates about the right steps to further integration in the area of fiscal policy. "Fiscal union can create stability only if it includes both credible budgetary rules and some kind of risk sharing", argue Katharina Gnath and Jörg Haas in the latest spotlight europe. However, "whilst it is an important and effective way of stabilizing the euro area, it should not exclude the use of other instruments."

Union scale of wages and hours in the building trades in 70 cities: May 15, 1937/

Mode of access: Internet.

Building a union of textile workers; report of two years progress to the convention of the United Textile Workers of America and the Textile Workers Organizing Committee, affiliated with the Congress of Industrial Organizations, Philadelphia, Pa., May 15-19, 1939.

Mode of access: Internet.

The site of the future union club house. Judge Cooley's old home on State Street, purchased by the Union

Judge Thomas McIntyre Cooley house. Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time. Image clipped from publication.

Michigan Union, site of. Home of Judge Thomas M. Cooley, Michigan, 1851 State Street

Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time. On verso: Mrs. Baker

Michigan Union Club House

Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time. Image clipped from publication

Michigan Union Club House

Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time. On verso: Postcard postmarked Oct. 1914 and addressed to: Miss Mildred Lehman(?) Churchville, N.Y. Text: Hello Mildred: This is the place you want to come to next year. How does school go. Write to Harold, 513 S. Division, Ann Arbor.

Michigan Union at night

Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time. On verso: Postcard addressed to The Slausms (?) Text: A Merry Xmas Brownie

Michigan Union (Thomas M. Cooley House)

Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time.

Michigan Union groundbreaking

Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time. View from southwest

Wrecking old Cooley House [Michigan Union site]

Building was renovated in 1906-1907; opened for student use in 1907; in 1912 an addition was built. In 1916 the original house was razed to make room for a new Michigan Union. The addition was moved to the north and used as a ballroom for a time. Image is creased and torn upper right and lower left. On verso: Summer 1916. View from southwest.