Radu Vranceanu, Professor and Head of the Department of Economics at ESSEC Business School, looks into the long-lasting impact of the world’s last financial crisis on the Eurozone and assesses the strategies put in place to recover from it
The dynamics of French unionism and the recent tensions between French unions and the government related to proposed changes in the French labour law can be understood more accurately from an appropriate historical perspective.
The departure of the UK would deal a serious blow to this alliance, while strengthening protectionist, centralist supporters within the EU. Such a transformation would carry with it long-term economic risks.