• user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: SELECT data, created, headers, expire, serialized FROM cache_filter WHERE cid = '3:009d25d672500e41e158a79ff42740cf' in /home/cer/staging/includes/cache.inc on line 27.
  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">Hugo Brady, of the CER, warned: \"If you\'re not at the table, you\'re on the menu.\"</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:009d25d672500e41e158a79ff42740cf' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">Grant opina que el resultado de la cumbre \"es un desastre para Reino Unido y además amenaza la integridad del mercado único\".</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:7f14c3638e6c6fd22c8401cf08aaf957' in /home/cer/staging/includes/cache.inc on line 112.
  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: SELECT data, created, headers, expire, serialized FROM cache_filter WHERE cid = '3:3a55c1a33d5871288de13f94d7310474' in /home/cer/staging/includes/cache.inc on line 27.
  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">That may spell trouble, says Simon Tilford at the CER. Businesses may be unwilling to invest while the outlook for demand continues to be weak, he says. </p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:3a55c1a33d5871288de13f94d7310474' in /home/cer/staging/includes/cache.inc on line 112.
  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: SELECT data, created, headers, expire, serialized FROM cache_filter WHERE cid = '3:1feba665360bcb0462e08e0b33427728' in /home/cer/staging/includes/cache.inc on line 27.
  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">Charles Grant, Director of the Centre for European Reform, believes Britain \"is a big loser\" as they have chosen to be \"outside the room\". Britain\'s influence will be \"reduced\" as a consequence he adds.</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:1feba665360bcb0462e08e0b33427728' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">\"Nous devenons très détachés de l\'Europe\", souligne Charles Grant, directeur du CER. \"Nous avons choisi d\'être à l\'extérieur de la salle quand des politiques économiques seront discutées qui risquent de mettre en danger le marché unique. </p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:5c217775bd106ab8dea3615707d58c09' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">After British Prime Minister David Cameron\'s decision to veto an EU-wide treaty change, Hugo Brady of the&nbsp;CER said the UK was left in a precarious position. He told the BBC \"If you\'re not at the table, you\'re on the menu.\" </p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:d102f2bfc0b7163bbe9e9989eb26b5b9' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">\"The whole eurozone strategy is predicated on the assumption that fiscal ill discipline caused this crisis,\" said Simon Tilford at the CER. \"That is a radically incomplete analysis. ... </p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:e1f7bbb25227d8c9a0b6129980ccc903' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>\"For the first time in the history of the EU, the Germans are now in charge. But they are also more isolated than before,\" said Charles Grant, director of the CER. \"The British are certainly more marginal than before. Their influence has never been lower in my lifetime.\" Whether or not the summit has saved the euro remains, of course, to be seen.</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:c3fb9326f28a816bd005eea755e95297' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">Simon Tilford of the CER, says the agreement in Brussels is superficial and fails to address the underlying problems. \"It\'s little more than a stability pact with lipstick,” Mr Tilford said. \"It\'s hard-wired austerity into the framework of the European Union,\" he added.</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:ad35d7aa5387ed2fd458a650dac89c30' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p style=\"text-align: justify;\">The summit was \"a disaster for the UK,\" Charles Grant, director of the CER&nbsp;said in a statement.</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:0a3ee5f4853aa8506fe7d9f7dfefc7ae' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>\"The consequences are likely to be far-reaching. Not only will governments struggle to push through the needed reforms, but there is a risk of a broader backlash against the market economy and the European Union,\" said Simon Tilford of the CER,</p><p></p><p>The risk, however, is that these and other structural reforms become discredited because voters associate them with declining living standards and rising inequality, according to Simon Tilford, chief economist at the Centre for European Reform, a London think tank. \"The consequences are likely to be far-reaching. Not only will governments struggle to push through the needed reforms, but there is a risk of a broader backlash against the market economy and the European Union,\" he said.</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:a0105a06fbb973e3b5108beee2b9f742' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>According to Philip Whyte, a senior research fellow at the&nbsp;CER in London, to accept that the eurozone suffers from a structural flaw that can only be corrected by more federalism is politically explosive. In his <a href=\"http://www.cer.org.uk/sites/default/files/publications/attachments/pdf/2012/essay_bankingunion_5dec12-6704.pdf\" target=\"_blank\"><span style=\"text-decoration: underline;\"><span style=\"color: rgb(0, 102, 204);\">analysis</span></span></a>, he points out that a more federal structure goes at the heart of sovereignty because it allows European bodies to dictate the fate of national banks, putting taxpayers\' money at the disposal of the eurozone to solve problems in other member states. This is the reason, the analyst believes, why it takes so much time to accept the idea of a banking union and all its implications.</p><p>It is clear that a fully fledged banking union in the euro area will not emerge any time soon, Philip Whyte writes, because political constraints are too big. Acquiescing a partial federalisation, embodied in the supervisory mechanism for the banks, however, will not solve the problems, the analyst is convinced underscoring that the rest of the bitter medicine - direct recapitalisation of banks, creating a resolution mechanism and deposit guarantees - cannot be avoided. Moreover, he explains, partial solution creates another problem - destabilisation of the EU-27 by diminishing the status of the non-euro countries.</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:ce93cc6ce230422e1cfd1c41a4735734' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>\"For two decades Britain\'s EU debate has been one-sided: Eurosceptic politicians and commentators have set the agenda, while few politicians (or business leaders) have argued the merits of the EU,\" Charles Grant of the CER wrote in a recent paper. \"Pro-EU politicians have seen the short-term advantages of saying little about an unpopular subject. So they have lost the argument by default.\"</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:233339d68a8a06c84db000c563b06502' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>Europe\'s common security policy is \"stuck between the strategic realities of declining defence budgets, waning European power in the world and a lack of will and ability to project strategic force outward\", said Hugo Brady, a senior research fellow at the CER.&nbsp;\"And on the other side, political inertia to do serious stuff in defence.\"</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:3227d4f886a611271ccddf1b6a607299' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>\"È stata una risposta un po\' emotiva - precisa Philip Whyte economista del think-tank Centre for European Reform - nel senso che i timori politici sono apparsi dominanti sulle considerazioni tecniche\".</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:2d2a95bc47e87c107a40d6395646833f' in /home/cer/staging/includes/cache.inc on line 112.
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  • user warning: Table './cer_staging/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>To contact one of our experts for comment please either call +44 (0) 20 7233 1199 or email: <a href=\"mailto:pressoffice@cer.org.uk\" target=\"_blank\">pressoffice@cer.org.uk</a></p><p>&nbsp;</p>', created = 1511306420, expire = 1511392820, headers = '', serialized = 0 WHERE cid = '3:eed2deb521a27aa6d20c3700c9e0d24a' in /home/cer/staging/includes/cache.inc on line 112.

Press quotes

  • The Independent, 10 December 2011

    Hugo Brady, of the CER, warned: "If you're not at the table, you're on the menu."

  • El Pais, 10 December 2011

    Grant opina que el resultado de la cumbre "es un desastre para Reino Unido y además amenaza la integridad del mercado único".

  • The Wall Street Journal, 09 December 2011

    That may spell trouble, says Simon Tilford at the CER. Businesses may be unwilling to invest while the outlook for demand continues to be weak, he says.

  • BBC Radio 4 Today Programme, 09 December 2011

    Charles Grant, Director of the Centre for European Reform, believes Britain "is a big loser" as they have chosen to be "outside the room". Britain's influence will be "reduced" as a consequence he adds.

  • Le Figaro, 09 December 2011

    "Nous devenons très détachés de l'Europe", souligne Charles Grant, directeur du CER. "Nous avons choisi d'être à l'extérieur de la salle quand des politiques économiques seront discutées qui risquent de mettre en danger le marché unique.

  • BBC News, 09 December 2011

    After British Prime Minister David Cameron's decision to veto an EU-wide treaty change, Hugo Brady of the CER said the UK was left in a precarious position. He told the BBC "If you're not at the table, you're on the menu."

  • The Wall Street Journal, 09 December 2011

    "The whole eurozone strategy is predicated on the assumption that fiscal ill discipline caused this crisis," said Simon Tilford at the CER. "That is a radically incomplete analysis. ...

  • The Guardian, 09 December 2011

    "For the first time in the history of the EU, the Germans are now in charge. But they are also more isolated than before," said Charles Grant, director of the CER. "The British are certainly more marginal than before. Their influence has never been lower in my lifetime." Whether or not the summit has saved the euro remains, of course, to be seen.

  • New York Times, 09 December 2011

    Simon Tilford of the CER, says the agreement in Brussels is superficial and fails to address the underlying problems. "It's little more than a stability pact with lipstick,” Mr Tilford said. "It's hard-wired austerity into the framework of the European Union," he added.

  • New York Times, 09 December 2011

    The summit was "a disaster for the UK," Charles Grant, director of the CER said in a statement.