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Diverging current account balances in the euro area
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While the current account of the euro area is broadly in balance, there are huge divergences among the member states. |
Countries
The death of German corporatism
18.02.2008By: Wolfgang Munchau
It was always clear that German corporatism would not survive the first half of the 21st century. What was less clear was how long this process would last and which form its destruction would take. Two important events last week greatly accelerated that process.
When tragedy turns into farce
13.02.2008
By: Wolfgang Münchau
Sarkozy is quickly becoming an irrelevant political leader.
Germany's economic mirage
09.01.2008
By: Wolfgang Munchau
2008 will be another good year for Germany, but then the economic performance will significantly worsen. And it has nothing to do with subprime...
Who is Henri Guaino?
12.12.2007
President Sarkozy's European advisor is either stupid or he wants to destroy the euro area - or both.