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Department academics discuss the eurozone debt crisis

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As the debt problem within the eurozone has moved from emergency meeting to emergency meeting, Kirsty Hughes and Ngaire Woods have frequently commented in the mediaon various aspects of crisis.


On 24 October Kirsty was quoted in an article for Al Jazeera, commentingon the recent call in parliament for a national referendum on European Union membership: Cameron is doing the splits when it comes to Europe. On one handhe wants to be part of Europe, but he also he wants to bring backpowers, Britain has always been a half-hearted member of Europe. The full article can be read here.

On 27 October Ngaire was interviewed on BBC Radio 5 Live, discussing the eurozone bailout. The full programme can be listened to here. Ngaire also discussed the same issue on the same programme a month before. More details on that interview can be found here.

On 28 October Kirsty wrote an analysispiece for BBC News online, entitled An EU of two tiers after eurozone debt crisis. In it she began by saying: As another euro rescue package emerged from the summit in Brussels, a big new political question came with it: has the crisis created a two-tier EU with the insiders, the 17 eurozone countries, driving decision-making, while the 10 euro outs are not even in the room?

She also expanded on this in an interview for the Quest Means Business programme for CNN, saying I think the outside group are going to have trouble. Because they cant just caucus as a group of 10. They are a very varied group. Some of them want to join the euro eventually, as it carries on existing. Some like the UK want to opt out of existing EU laws. So, it is quite messy for the outs to maintain influence.

Ngaire was also interviewed on Bill Heines programme for BBC Radio Oxford on 30 October. In the programme she said that she felt that the recent EUbailout fundpackage did not give enough detail about its repayment programme for it to be truly credible for the markets. The full programme can be heard here (Ngaire features about 2hrs 19mins in.)

(Photograph courtesy of Will Spaetzel.)

Kirsty Hughes is a Research Associate for the Centre for International Studies.