One of the unwritten rules of a financial panic seems to be that the more severe a crisis is, the more scripted and repetitive public officials become. Read more
Automaticity, noun – 1. The quality of being automatic, particularly with relation to fines and penalties. 2. Degree to which a sanction can take effect without interference, interruption or political meddling.
Origin – Brussels, circa 2010. The term is believed to have been popularised by an elite group of policymakers debating new sanctions to impose on eurozone countries who repeatedly violate fiscal rules. Appears to have German and Dutch roots (no equivalents in French or Italian).
Example: ‘Without automaticity, the sanctions against Bulgoslaviambourg will become hopelessly bogged down in an endless quadrilogue.’ Or: ‘Who cares if the politicians scream and moan about the injustice of the fine? Automaticity is on our side.’
See also: Flex-icurity Read more
| About this blog | Blog guide |
Peter Spiegel is the FT's Brussels bureau chief. He returned to the FT in August 2010 after spending five years covering foreign policy and national security issues from Washington for the Wall Street Journal and the Los Angeles Times, focusing on the wars in Iraq and Afghanistan. He first joined the FT in 1999 covering business regulation and corporate crime in its Washington bureau, before spending four years covering military affairs and the defence industry in London and Washington.
Joshua Chaffin is one of the FT's EU correspondents, covering areas including policies on trade, the environment and energy. He has worked in the FT's Brussels bureau since late 2008 and before that was an FT correspondent in New York and Washington DC. 
Alex Barker is EU correspondent, covering the single market, financial regulation and competition. He was formerly an FT political correspondent in the UK and joined the FT in 2005.
James Fontanella-Khan is FT's Brussels correspondent, covering media, telecom and internet regulation as well as justice, employment and social affairs and its impact on eastern Europe. He was formerly an FT correspondent in India. He joined the FT in 2006. 
FT's latest Brussels news
Gideon Rachman and his FT colleagues debate international affairs on The World blog.