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Pierre Siklos Op-Ed Contributions
Are we watching Europe’s Wile E. Coyote moment?
"There is also too little co-operation or co-ordination in making collective decisions, giving the rest of the world the impression that some euro zone members are happy to extract the benefits from a monetary union but take a not-in-my-backyard attitude when difficulties in the union emerge," writes CIGI Senior Fellow Pierre Siklos.
“Leadership vacuum” threatening EU’s monetary and political union
Since its development in late 2009, the European sovereign debt crisis has presented the greatest challenge to the economic and political governance of the single-currency “eurozone” since its inception in 1999. While Greece has been at the epicentre of the crisis, Portugal, Ireland, Spain and now Italy have also been affected as European politicians, bankers and investors have so far been unable to stop the contagion from spreading. With the entire monetary union now being called into question, we talk to European economics expert and CIGI Senior Fellow Pierre Siklos about righting the eurozone’s sinking ship.
Playing chicken in the eurozone
In light of the austerity measures being passed in Greece, Pierre Siklos argues that the "crisis is beginning to look like a game of chicken."
Europe is still unable to face up to its debt crisis
Another week, and another meeting of European finance ministers. Despite underlying problems that are not being properly faced across Europe, the news that Portugal was seeking financial assistance was met with barely a reaction.