european central bank

How Central Bank Independence Led to Impunity in Latvia

April 25, 2018

Latvia’s extreme austerity and neoliberal experience has led it down the path of becoming a major hub for money laundering. Its Central Bank governor, Ilmars Rimsevics, is at the heart of the scandal, but enjoys the protection of central bank autonomy, explains former financial regulator Bill Black

Greece Needs a ‘Clear Exit’ from ‘Constant Monitoring’

April 8, 2018

The constant dependence on international financial institutions has created a loss of financial sovereignty for Greece. Syriza is working hard to no longer need these institutions so the country might regain its independence, says Ioannis Bournous of Syriza’s political secretariat

What Will Cutting ‘Quantitative Easing’ Mean for Europe?

November 1, 2017

The European Central Bank (ECB) announced that it will reduce its cash injection program, known as quantitative easing, by half. Economist Heiner Flassbeck discusses the consequences this will have for Europe’s struggling economy

EU crisis

February 22, 2016
Economist James Henry says the European Central Bank is 16 years too late

Why You Should Be Concerned by the Fed’s Interest Rate Hike

December 17, 2015

PERI Co-director Gerald Epstein says while the interest rate hike is meant to demonstrate the growing strength of the US economy, it could actually end up slowing it down

Crisis in the Eurozone

July 23, 2014
Prof. John Weeks and Prof. Trevor Martin discuss British PM David Cameron’s call for a referendum vote to decide whether the UK remains a part of EU, as stagnation continues in the Eurozone and bleeds into economic powerhouses like Germany

The European Central Bank’s War on Wages is Pushing Europe’s Economy to the Brink

April 2, 2014

Bill Black: The media has failed to report on the causes and possible solutions for Europe’s deflating economy

Israel and US Strategic Interests

March 25, 2013
Phyllis Bennis: President Obama recognizes injustice and need for two states but does nothing to pressure Netanyahu to make concessions to Palestinians

Hamas Denies Role in Attack on Egyptian Military Post

March 21, 2013

The tension between Hamas and Egypt sharpens after Egyptian newspaper “Al-Ahram Al-Arabi” accuses three top members of Hamas of being involved in attack that killed 16 Egyptian soldiers

Privatizing Europe

March 21, 2013
Nick Buxton: A massive European fire sale is one way finance is using the crisis to entrench neo-liberalism