Cyprus, An Absurd Levy
Europe / Opinion

Cyprus, An Absurd Levy

(Il Sole 24 Ore – A. Quadro Curzio) The bankruptcy of Cyprus and its exit from the euro, with unpredictable consequences for the European Monetary Union (EMU), has been averted, fortunately. The risks were there, even if the Cypriot GDP accounts for only 0.18 percent of the EMU’s, as contagion can also spread from a … Continue reading

Italy, the Marines, and the dignity lost in India
Foreign Affairs / Opinion

Italy, the Marines, and the dignity lost in India

(Il Sole 24 Ore – V.E.Parsi) “Dignity, once lost, is never regained,” an insightful John Malkovich observes in Gabriele Salvatores’ newest film, “Siberian Education.” It is distressing to think that it was not even necessary to disturb the great thinkers of the state from the 1600s or the concerned lamentations of Machiavelli on the sad … Continue reading

The Byzantine empire’s own ‘eurozone’ crisis offers a lesson for the EU today
Europe / Opinion

The Byzantine empire’s own ‘eurozone’ crisis offers a lesson for the EU today

(The Guardian – P.Frankopan) Quantitative easing, German bailouts … parallels between the Byzantine empire of the 1070s and Europe today are instructive Sometimes it is easy to forget why we study history. Of course, we use the past to understand the present; but also, ideally, we learn from it too. What a shame, then, that there … Continue reading