Business Spectator

A fatal threat to the European project

The Paris terror attacks are not just a terrible tragedy for those killed or injured and their families. Last weekend’s events have severe political, strategic and economic implications, which could haunt France and the entire EU for years to come.

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Business Spectator

The growing cost of Europe’s welfare trap

The challenge for Europe’s societies is to ensure that those migrants coming in will not remain welfare-dependent forever but find a way into productive society quickly. On that front, unfortunately, there is just not much reason for optimism.

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Business Spectator

The migrant crisis threatens to topple Merkel

What would have been unthinkable even a few months ago now looks like a plausible scenario: Merkel’s chancellorship may be drawing to a close sooner than anyone imagined. And she would leave her country with a burden instead of a positive legacy.

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Business Spectator

Britain’s localist revolution

George Osborne, the Chancellor of the Exchequer, delivered nothing short of a revolution to the way that Britain is governed. A radical devolution of power and money from central government in London to the cities of the UK has begun.

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