Living conditions: Germany outperforms the US
Gross domestic product is often presented as encapsulating US success. But on broader benchmarks Germany performs better.
How to reform the European fiscal rules
The fiscal rules have been in abeyance with the pandemic. What will replace them is up for grabs.
Could Europe face the next recession?
The eurozone lacks the scaffolding to withstand the symmetrical shock of the next recession, which could imperil the euro itself.