Ireland's painful adjustment

By: Alan Ahearne, NUI Galway

After the benefits of EMU, now come the costs.

My three point plan for the G20

By: Wolfgang Münchau

Coordinate a stimulus, pool the euro area's seats at the IMF, and start thinking about exchange rates.

The case for a European rescue plan

By: Wolfgang Münchau

The case for an EU wide rescue plan is overwhelming: to prevent dangerous spillovers, to ensure adequate funding, and to prevent a collapse of EMU.

The case for adapting the policy framework in the euro area

By: Jean Pisani-Ferry, André Sapir and Alan Ahearne

Financial market turbulence, an appreciating euro, inflation pressures and a slowing economy pose serious challenges for the euro area. At a time when euro area member states increasingly pursue national strategies, there is growing doubt about the euro area’s ability to meet these challenges. A report by the think tank Bruegel published last week provides a blueprint of how to improve the policy making system. Eurointelligence has asked three of the authors – all regular contributors to our EMU Monitor - to outline the main issues. Their main message is that the maintenance of a learning mindset and a willingness to adapt the policy framework in light of the experience gained is crucial to the long term success of the euro.

Who is Henri Guaino?

President Sarkozy's European advisor is either stupid or he wants to destroy the euro area - or both.

Eurozone breakup would trigger the mother of all financial crises

By: Barry Eichengreen

Households and firms would shift deposits to other euro-area banks producing a system-wide bank run. Investors would create a bond-market crisis. Here is what the train wreck would look like.