With Russia still in Ukraine in 2025, the E.U. faced pressure to enact more laws and regulations at the federal, yes, federal level to reap ...

In 2011, President Obama proposed "to ride to the rescue of states" that had borrowed billions of dollars from the federal govern...

Richard Sulik, Parliament Speaker of the Slovakian legislature, argued that the only real solution to the debt crisis in the E.U. was rigor...

The nonpartisan Congressional Budget Office (CBO) announced on January 26, 2011 that the U.S. Government’s budget deficit for the year wou...

On December 8, 2011, the ECB announced that it would loan 489.2 billion euros (c. $640 billion) at 1% interest to 523 E.U. banks for a thre...

In 2007, the E.U. state of Spain “was hopelessly addicted to a credit-fueled construction boom that produced a shattering bust, leaving ban...

The collection of essays comprising The E.U. Political Economy looks broadly at the E.U.'s federal system, with particular attention t...

The notion that a political party oriented to redressing the widening economic inequality during the years following the financial crisis o...

Even six years after the financial crisis of 2008, the limited scale  of  the E.U.’s capital markets relative to their American counterpart...

Sometimes when a government’s fiscal matters get bad enough, dysfunction in the real power-relations at the highest level can suddenly beco...

One of the main benefits of federalism is that it allows for both the tremendous power that can come from member states taking a united s...

Does raising taxes and cutting government spending reduce a government’s deficits and thus debt? Confine consideration to more tax revenue ...

During the summer of 2012, it was all too easy, especially for financial analysts (whose expertise is on finance rather than politics), t...

In September 2012, the European Central Bank unveiled the Outright Monetary Transactions program in which the central bank would purchase b...

In early September 2012, Reuters reported that Bulgaria had “abandoned plans to adopt the single currency in response to deteriorating econ...

“State finances are teetering with $4 trillion in unfunded liabilities to cover pensions and health care for state workers, along with reve...

In relying only on austerity and cheap bailout loans, the German-led strategy has proffered a false sense of European integration in the E...

“As the European Union enters a financial crisis in slow motion,” a Huffington Post reporter avers, “the fragile American economic recove...

As the E.U. was working out more loans for Greece in summer 2011, rating agencies looking at the state’s debt indicated that default would ...

According to The New York Times , “At their first meeting of the year, Federal Reserve policy makers voted unanimously … to continue the c...