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Lains, Pedro


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2 articles of this author have been cited in the European Press Review so far.


Jornal de Negócios - Portugal | 07/07/2010

Pedro Lains on Angela Merkel following in Margaret Thatcher's footsteps

The policies of German Chancellor Angela Merkel in the current economic crisis are comparable with those of Margaret Thatcher, writes economist Pedro Lains in the business paper Jornal de Negócios: "Although with more pragmatism than ideology Merkel is currently pursuing a similar course to Thatcher's in the 1980s. If Germany got it's way financial discipline would rule in politics, not the money-wasting of the states which in Merkel's eyes is fatal for growth. For Europe she wants less integration and more stipulation of costs as well as regulations on who covers them. What will this stance bring Merkel? Does she represent the majority in Germany? Or is there a more pro-European Germany that is passively waiting for the crisis to end? Merkel's election results of recent months are encouraging for Europe. Perhaps Merkel will suffer the same fate as her predecessor: she'll be toppled once she's solved the main problems. But even if she loses she will win. For Europe will no longer work the way it did when she took office."

Jornal de Negócios - Portugal | 09/06/2010

Pedro Lains sees chances in the European crisis

Until Hungary expressed doubts about its own solvency the euro was blamed for the crisis. But the European crisis could also be a chance for Europe, writes economist Peter Lains in the business paper Jornal de Negócios: "The financial crisis disrupts European integration and exposes the divisions within the continent. But they should be left intact because they are part of the continent's cultural legacy. Many have tried to overcome them but none has succeeded, not even with bloodbaths. It would be wonderful if these divisions could be transformed into a platform for dialogue. This would no doubt be the most difficult task, but considerably easier that what Germany, France and the other EEC founding states achieved 50 years ago. Germany's aspirations have changed in the meantime, which doesn't make a solution any easier. But Europe is precisely that: a Union of diverging interests. It is up to us Europeans to insist on this Union. For a thorough awareness of Europe's diversity is probably one of the best weapons."

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