Open letter to my German friends about the ECB policy
Guillaume Duval argues that Germany can see the end of ECB quantitative easing—if only it stops imposing austerity on the eurozone.
Trump, Putin, Orbán, Kaczyński, May, Salvini… An Opportunity For Europe
Salvini, Orbán, Kaczyński, Trump, Putin, May… the European Union has so many enemies one wonders more and more frequently if it’ll survive. Yet these challenges may turn out to be opportunities instead. Donald Trump, in truth, represents a great stroke of luck for Europe. His repeated casting of doubt over the American military protection granted […]
How The Handling Of The Financial After-Crisis Fuels Populism
Ten years after the collapse of Lehman Brothers people are frequently asking themselves why the crisis has done so much to strengthen populism and nationalism everywhere you go. However, economically and socially, the process that lies behind this development is, unfortunately, all too easy to describe. Governments to the rescue of finance… In this type of […]
Can Macron Move Europe Forward?
Can Emmanuel Macron succeed in reforming the European Union and the Eurozone? The European question was already central to the French Presidential campaign itself: the prospect of a Frexit raised by Marine Le Pen cost her dearly in the second round. And, despite recent difficulties, the great majority of the French remain attached to European […]
Trump To The Rescue Of Europe
The Chinese aren’t the only ones Donald Trump picks on when it comes to international trade. He is also going after the Germans for their surplus. In an interview on January 16 for Bild, the widely read daily tabloid, (and the Times of London) he threatened to slap a 35 percent import tariff on German […]
The Euro: Why Joseph Stiglitz Is Wrong
Joseph Stiglitz, American economist and winner of the Nobel Prize in Economics, has come out with a new book, The Euro: How a Common Currency Threatens the Future of Europe. In recent weeks Stiglitz has appeared in several features in the press, advocating «a smooth exit» from the euro. Still, he expects «the end of the single currency does […]
