Wolfgang Munchau's Euro Blog

The ECB, the Fed, and the Credit Crisis

07.11.2007

We need an investigation into the role of monetary policy in the credit crisis - preferably not run by central bankers.


Watch out for political change in Germany

24.10.2007

The SPD is shifting to the Left. It is not good for the country, but it is correct tactical decision. I would no longer rule out an SPD-led administration after the next elections.


After the US-led war, here comes the US-led financial crisis

16.10.2007

The way the Bush administration handles the credit crisis reminds me of the way it handled the Iraq war. It is about to turn a crisis into a catastrophe.


The death of Hartz IV

08.10.2007

The political failure of Germany's welfare reform programme holds lessons for reforms everywhere in Europe.


Some thoughs on inflation targeting

03.10.2007

The advocates of inflation targeting have never faced any really difficult choices - until now.


Hunting season has started

26.09.2007

The blame game may be fun, but those who play try to deflect from their own mistakes, including Mr Greenspan.


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