Wolfgang Munchau's Euro Blog

Is Sarkozy a Socialist?

08.05.2007

For those liberal Europeans who cheer Sarkozy's victory, a word of warning: be careful what you wish for.


A short note on the Spanish housing bubble

25.04.2007

Forget about this week's mini-panic on the Spanish bourse. The real crash has yet to come, and is going to much more severe.


The world according to Frederic Mishkin

20.04.2007

Mishkin is an excellent economist, but whatever he and Bernanke say at the moment tells us more about their own credibility than about the US economy.


Germany needs an adult in the finance ministry...

18.04.2007

... and not a guy who goes on a safari during a G7 meeting under his own chairmanship. The French are absolutely right to be outraged.


Merkel’s Coalition might collapse within a year

11.04.2007

The SPD has powerful reasons to walk out of the Grand Coalition ahead of the 2009 elections. Tactically, they would be crazy not to.


Why I don't believe in Goldilocks

02.04.2007

I never liked that lazy metaphor - and it certainly does not apply to the euro area.


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