Keep your fiscal powder dry. Barry Eichengreen

Money, Money, Money


The European currency has come under criticism. Troubled economies are threatening the stability of the rest of the Euro zone. Do we want more Europe – or less of it?


Prospect of a German Euro-Exit


Killing Europe with Words

Germany doesn’t need to exit the euro to jeopardize the continent’s stability. Merely talking about it will do.

Monnet's vision of Europe


L'état C'est Toi

Jean Monnet was not only a visionary, he was also a realist: Achieving a true integration would take many sacrifices – and quite a bit of courage.

Germany's Fear of Inflation


The Spectre of Wheelbarrows

Germany’s history with inflation is frequently cited as a reason behind Angela Merkel’s rationale in the sovereign debt crisis. Yet the real issue lies in the widespread uncertainty about all of the conditions under discussion.

The End of the Euro?


Hellenic Existentialism

Greece, Ireland, now Italy – the Eurozone is sliding deeper into an existential crisis. But while governments are debating over rescue packages, they do little to address the underlying problems. The consequences: A huge burden to tax payers, a free pass for private investors and continued debt scares.

The Future of the Euro


What About The Deutschmark?

The longing is great. But we cannot return to the Deutschmark. The political unification of Europe must now be followed by an economic unification. We must seize the opportunity and push ahead.

European Monetary Policy


The Debt Trap

You cannot live above your means without paying the bill. Portugal, Spain and other countries have to institute radical reforms to get their finances under control. But it is unrealistic to expect more than lukewarm compromise.

Most Read