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Fokus Sommer 2014Focus Summer
4/25/2019 : 12:31 am : +0200


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Focus Summer

We present and discuss current research and economic policy related topics in International Economics. This quarter about:

Before her confirmation hearing, the European Union's trade commissioner-designate Cecilia Malmström appeared seemed to refute the need for an investor-state dispute settlement (ISDS). But then Malmström removed the statement in the final version of her answer to the European Parliament. 

 undefinedKurier (German)

TTIP- The Transatlantic Trade and Investment Partnership

The free trade agreement CETA between the EU and Canada is the blueprint for the confroversial Transatlantic Trade and Investment Partnership (TTIP). FAZ guides through the contract and provides notes and explanations to the most important extracts of the text.

undefinedFAZ (German)

Between fears and hopes - how citizens in different European countries think about TTIP.

 undefinedSüddeutsche (German)

Critics fear that the planned "Regulatory Cooperation Council" (RCC) will lead to lower consumer protection laws over time.

 undefinedDer Standard (German)

The article explores why the free-trade agreement TTIP has such a poor repuation.

undefinedProfil (German)

The NGO Corporate Europe Observatory (CEO) has collected evidence on which lobby groups are pushing most for the proposed EU-US trade deal TTIP.

 undefinedDie Zeit (German)

undefinedDer Standard (German)

The biggest business deal of all time: The free-trade agreement TTIP could bring GMO-food from the US to Europe. TTIP promises lower prices but may hand over too much power to multinational corporations.

 undefinedDie Zeit (German)

The planned arbitration clause of TTIP takes the most important objections of its critics into account.

 undefinedDer Standard (German)

Little transparency and criticism from consumer advocates. The free-trade agreement could also have negative consequeces for the European model of social policy.

undefinedFocus (German)

For the first time EU-Commisioner for Trade Karel de Gucht rejects the criticism in a clear way: TTIP does not endanger Culture or Democracy. A response to last week's critical arcticle by Jens Jessen.

 undefinedDie Zeit (German)

OGfE-Policy Brief by Waldemar Hummer: TTIP - The Transatlantic Trade and Investment Partnership between EU and USA.

undefinedOGfE (German)

The Austrian Institute of Economic Research calculated the potential benefits of TTIP for Austria. In the best case the free-trade agreement creates 45.000 jobs.



WIFO Working Papers 468/2014, Fritz Breuss, 12.5.2014, 36 Seiten

undefinedWIFO (German)

The investment protection clause in the proposed free-trade agreement TTIP has drawn a lot of puplic critisicm. But banning the arbitration clause in the agreement would be potentially counterproductive: This would prevent meaningful reforms.

undefinedFAZ (German)

At the Elections for the European Parlament, the planned free-trade agreement TTIP has mobilized young voters.

undefinedDie Zeit (German)

In Europe the free-trade negotiations between the EU and the US are increasingly viewed as a threat.

undefinedNZZ (German)

Inflation vs. Deflation

The ECB reacts to the low growth and inflation rates in Europe - and looks more and more desperate.

undefinedDer Standard (German)

undefinedFAZ (German)

The European Central Bank  lowered the bank’s main lending rate from 0.15% to a new low of 0,05%. In addition the ECB announced that in October it would start to purchase asset-based securities (ABS) and that it would also start to buy covered bonds — bonds issued by banks that are backed by mortgages or public loans—again.

undefinedNZZ (German)


Many economists expected the central bank's expansionary monetary policies to cause higher inflation rates. But the opposite has happened, the inflation rate in Germany has reached its lowest mark in more than four years.

undefinedFAZ (German)


The ECB backs the German Bundesbank's call for higher wages in countries with solid economic growth

undefinedDie Presse (German)

undefinedDie Zeit (German)

The widespread concern about low inflation rates is exaggerated. The real crises were preceded by falling equity and property prices.

undefinedNZZ (German)

The Euro area should repair bank balance sheets, step up reforms to boost jobs and the ECB should get ready for quantitative easing.

undefinedThe Guardian

European Central Bank (ECB) policymaker Christian Noyer said on Saturday it seemed that the risk of deflation had been avoided in euro currency zone, even if inflation remained too low.

undefinedTagesspiegel (German)


There is no indication that the expansive monetary policy of the ECB results in higher inflation. So far only shareholders benefit - until the next crash.

undefinedDie Zeit (German)

The ECB has made history by becoming the first big central bank to go negative. Not only did it bring down its main lending rate from an already low 0.25% to 0.15%, but also it lowered its deposit rate, paid to banks for funds left with the central bank, from zero to minus 0.1%, in effect charging them for such deposits.

undefinedThe Economist

undefinedDer Standard (German)

undefinedFAZ (German)

Yes, the inflation in Europe is at a low level. But there is no need for the ECB to reduce interest rates.

undefinedFAZ (German)

The ECB-conference in Sintra illustrated that the central banks have made little progress in adapting their monetary policies after the financial- and debt-crisis. 

undefinedNZZ (German)

Whether they use the Euro or not, many countries in the European Union (EU) must deal with the serious possibility of deflation. The article discusses the potential impacts and risks of quantitative easing in Europe.