Business Spectator

Europe’s new ‘liability’ union

It could be quite a rude awakening after the September 22 election. An unsuspecting German public will quickly find out the real state of the euro, how much saving it will cost and what share of banking losses Germany’s savers and taxpayers will have to take in the euro periphery.

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Business Spectator

A euro crisis on German ice

General elections are meant to pick a government and election campaigns to discuss the most important issues facing a country. If that’s your definition of an election, you may wonder whether Germany is really heading to the polls on September 22.

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Business Spectator

Young and restless: Europe’s lost generation

For the fate of Europe’s youth to change, Europe must change.

By throwing a little money at the problem of youth unemployment and giving some nebulous guarantees, the EU’s leaders have just made clear that such genuine change will not happen anytime soon.

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Business Spectator

Brussels can’t reverse the outburst

Regardless of his actual reasons, Oettinger was simply right in his analysis – as indeed evidenced by the Commission’s very own policy recommendations to member states. Europe needs major reforms to get its existential problems under control.

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Business Spectator

Is Germany edging towards the exit?

The Bundesbank and the German constitutional court are confronting and challenging the ECB, and such a conflict cannot just be moderated away. Eventually, the Germans will need to come clear on where they want to take the eurozone.

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Business Spectator

Fire and ice on Europe’s debt march

At the moment, the only countries able to function with the euro are those of the healthier euro core. They should allow the other eurozone members to depart from monetary union. Otherwise we will never be able to see some actual green shoots in Europe.

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