Commentary

Is Europe saving away its future?

The Crisis affected public spending. Research and innovation is one area often highlighted as needing protection. This column does not find strong evi

Reinhilde Veugelers

Europe's half a banking union

Even with all the risks in mind, we are convinced that in terms of financial stability and beyond, the half a banking union that has been undertaken w

Nicolas Véron and Adam Posen

Towards a Euro Union

Without more integration, further crises are looming. Eleven German economists, political scientists and jurists – the Glienicker Group – develop

For a Euro Community

We are absolutely convinced that a new momentum can and must be given, and a new milestone reached. The time is now. Citizens who wish to support the

The looming lost decade

As 2013 comes to an end, it looks like the world economy will remain stuck in low gear. For those reading the tea leaves of global recovery, the third

Ashoka Mody

Can Brazil get over the World Cup?

Brazilians had mixed feelings about the World Cup even before their team's humiliation in the semi-final match against Germany. Now they're

Jim O‘Neill

Cold water on Europe’s digital dream

Cold water has been poured on Europe’s digital dream on Wednesday this week. The decision that European Commissioner for Competition Joaquín Almunia j

Mario Mariniello

Europe needs new investment, not new rules

Guntram B. Wolff

Story of a fraying capitalism

It is not an accident, Piketty says, that many will be left behind even as others become richer. The book taps into a collective anxiety, coming

Ashoka Mody

The Renzi-Frenzy

If there’s a rule that Italian voters learn quickly, it’s never to trust provisional election results. They have a tendency to display spectacular rev

Silvia Merler and Alessio Terzi

An Austrian drag queen shows how Europe can work

Both the Eurovision Song Contest and the Champions League offer evidence that, for things that really matter to most of its people, Europe works. Is t

Jim O‘Neill

Renewing Europe’s renewables

As the economic crisis shifted policymakers’ attention from long-term sustainability to short-term recovery, progress has stalled – and the conse

Georg Zachmann

Addressing social problems should be at the heart of Europe’s economic strategy

Europe has overcome the most acute financial crisis. But failure to address more forcefully the growing social problems will undermine debt sustainabi

Guntram B. Wolff

Ukraine crisis shows global governance is in a mess

The crisis surrounding Ukraine shows that global governance is in a mess, but events there are merely a symptom of something larger.

Jim O‘Neill

Germany relishes role of hegemon, but is not able to play the part

German Finance Minister Wolfgang Schäuble recently declared that the European Union has “moved sovereignty to the European level” – a startling claim,

Ashoka Mody

Appreciate the yuan depreciation

Since the beginning of this year, the renminbi has been depreciating against the US dollar. That marked a departure from the earlier trend of the Chin