Wolfgang Munchau's Euro Blog
Towards $1.50?
20.09.2007Like it or not, there will either be an exchange rate policy, or interest rates cuts, or both.
When financial results are signifying nothing
19.09.2007The Q3 financial results of the investment banks tell us a lot about the industry - but not about how bad this crisis is going to be.
Another Landesbank bites the dust
27.08.2007It is no accident that the German banking crisis effects only public-sector financial institutions. They are the rotten core of the country's economic system.
Is Sarkozy winning?
12.07.2007Germany should come up with its own plans for policy coordination. Otherwise, Sarkozy is going to win this debate.
What about Core Europe?
27.06.2007The Treaty marks and masks the growing division of Europe. Core Europe has always been an inevitability, the only question was how it would come about.
