Wolfgang Münchau

The pact that risks more harm than good

The truth is that the Europeans are politically not ready for a deal. It is not clear that the US is either. Published 12 Sep, 2016 07:00am

Britain must pursue its exit options

WHOEVER wins the leadership contest of Britain’s Conservative party will have to deliver Brexit, or risk their own... Published 11 Jul, 2016 06:48am

The IMF should call Berlin’s bluff over Greece

AT one level, the recurring Greek crises fit the idea from Karl Marx of history repeating itself, first as tragedy... Published 30 May, 2016 06:51am

The revenge of globalisation’s losers

‘We are close to the point where globalisation, membership of the eurozone in particular have damaged entire nations.' Published 02 May, 2016 06:40am

Defending German model threatens European stability

The IMF noted in its latest Financial Stability Report that the pre-tax profits of German and Portuguese banks are most Published 25 Apr, 2016 06:49am

Concessions to Britain will create a two-tier Europe

How can the EU pursue ever-closer union when one of its most important EU members enjoys a permanent exemption? Published 29 Feb, 2016 06:38am

Europe will stumble before it learns to stand tall

If there is to be another stage of integration, there will have to be a phase of disintegration first Published 14 Dec, 2015 06:53am

Grexit remains the likely outcome

My hunch is that they will ultimately fudge a deal, but that will come Published 27 Jul, 2015 06:12am

Brutal creditors have gutted eurozone project

The real coup over the weekend was not only the regime change in Greece, but also the regime change in the eurozone. Updated 21 Jul, 2015 09:54am

Why Britain has no chance of European treaty change

THERE are two overriding reasons why the EU needs to change its treaties: first to fix the eurozone; and second to... Published 08 Jun, 2015 07:08am

Athens must stand firm against the failed policies

Athens would need to prepare a Plan B.... The most sensible one is the introduction of a parallel currency — not Published 23 Feb, 2015 07:04am

Euro in greater peril than at peak of crisis

Survival of the euro is no longer in doubt. The economy is not doing great, but at least the crisis is over. Updated 17 Nov, 2014 07:51am

What Draghi must do next to fix Europe’s economy

Eurozone policymakers and their economic advisers are structuralists by inclination. The monetarists are mostly gone,.. Published 15 Sep, 2014 06:26am

Draghi is running out of legal ways to fix the euro

By failing to deliver on its inflation target, the European Central Bank could give member countries a good reason to Published 25 Aug, 2014 06:27am

A desperate Bundesbank has abandoned principle

The Bundesbank’s call for higher wages is a sign of desperation and a signal the German ... Published 11 Aug, 2014 06:15am