The answer is No. But it is not the entire answer.

Economic sanctions against Belarus will work only if extended to Russia. Otherwise, they will have the opposite effect.

It is still there. But fading.

The biggest inflation risk is not an overshooting economy, but an overshooting central banker

The left-right-centre model of political analysis has long ceased to be useful

Here is my guide on how to misread the German constitutional court.

The Suwalki gap along the Polish-Lithuanian border constitutes a source of potential military conflict.

Apart from a short-lived disruption of trade flows Brexit has been a macroeconomic non-event.

The real scandal is not sofagate, but a feckless foreign policy.

By allowing English to become its lingua franca, the EU has lost control of the narrative. Time for some changes.

The crisis of Europe is not one of integration, but of co-ordination.

The EU puts too much emphasis on climate targets, and not enough on investments.

The pandemic has exposed two German myths: of competency and superiority.

The row between Alex Salmond and Nicola Sturgeon could derail Scottish independence. The politics of independence is more finely balanced than opinion polls currently suggest.

What happened in Germany last week is that people started to treat vaccines as a private good. They want this one, not the other one.

Bitcoin will not replace existing money, but it will constrain the scope of governments and central banks.

Mario Draghi constitutes an irresistible proposition for Italians. But not for long.

The European Union used to do a few things well. Now it does a lot of things badly.

With its disastrous vaccine procurement policy, the EU committed the ultimate mistake: it has given people a rational reason to oppose European integration.

Europe needs a CDU leader who is not beholden to a 20th century industrial model. Armin Laschet, the new CDU chairman, is not that man.