May 19, 2013

It makes little sense but I’m a eurofanatic

EU flag ©Dreamstime

It is better to make the case for the EU on the basis of geopolitics rather than economic efficiency

EU flag ©Dreamstime May 12, 2013

Lawson is right about the UK and Europe

A departure need not be a disaster if the terms are negotiated with skill

Enrico Letta ©AFP May 5, 2013

Italy’s change from austerity is all talk

Germany will not accept a fiscal stimulus for the sake of southern European countries

Enrico Letta, under-secretary of the Democratic Party, gives a press conference at the Quirinale presidential palace on April 24, 2013 in Rome. Italian President Giorgio Napolitano prepared to unveil his nomination for prime minister on Wednesday to bring to an end a two-month deadlock on forming a new government that has stalled reforms and set off alarm bells around Europe. This morning Enrico Letta was named as one of the favorite by the Italian media. ©AFP Apr 28, 2013

Letta needs to push banking union

Italy’s latest prime minister will need all the help he can get

Apr 21, 2013

Perils of placing faith in a thin theory

Reinhart and Rogoff told policy makers what they wanted to hear

Euros ©Dreamstime Apr 14, 2013

The riddle of a currency with many values

The euro is not worth the same across the region – Spain and Germany have different currencies

The giant Euro symbol stands illuminated outside the headquarters of the European Central Bank (ECB) on November 5, 2012 in Frankfurt, Germany. Analysts are predicting that ECB President Mario Draghi will announce in a press conference scheduled for November 8 that he will leave ECB interest rates unchanged despite continued weak economic data coming from many Eurozone economies ©Getty Apr 7, 2013

ECB priority is to fix southern Europe

Mario Draghi should prioritise the unconventional over the conventional

NICOSIA, CYPRUS - MARCH 25: A woman sells EU, Cypriot and Greek flags during a student parade marking Greece's Independence Day on March 25, 2013 in Nicosia, Cyprus. After days of negotiation, Eurozone finance ministers have agreed terms for a 10 billion euro bailout deal, which aims to prevent the collapse of Cypriot banks and ensure that Cyprus remain in the Eurozone. ( ©Getty Mar 31, 2013

Economics will catch up with the euro

In southern Europe the hurdle for a case in favour of eurozone exit is shockingly low

Mar 24, 2013

Eurozone break-up edges even closer

Cyprus is a perfect illustration of the way the region struggles with collective action

Mar 17, 2013

Europe is risking a bank run

Creditor nations will now insist bank rescues must be co-funded by depositors

Mar 10, 2013

Italy must seek generational change

There should be a handover of power to younger leaders, with Matteo Renzi coming to the fore

Mar 3, 2013

Bonus issue marks start of a long battle

It is in the eurozone’s collective interest to stop London from acting as its main financial centre

Feb 26, 2013

The case for a grand coalition in Italy

Partnership among the divergent majorities can break the political gridlock

Feb 24, 2013

Austerity obstructs real economic reform

An article of faith that means different things to different believers

Feb 17, 2013

Expect the unexpected in Italy’s election

One of the safest predictions is that Monti’s coalition will come last among the four major contestants

Feb 10, 2013

Ireland shows the way with its debt deal

Rescheduling of promissory notes is monetary financing in all but name

Feb 3, 2013

The eurozone crisis is not finished

The renationalisation of banking means that the monetary union is still unsustainable

Jan 27, 2013

Euro and trade will make EU irrelevant

Appeal will diminish amid a eurozone economic union and transatlantic free-trade zone

Jan 20, 2013

Monti is not the right man to lead Italy

Most Italians know they owe the fall in bond yields to Draghi

Jan 13, 2013

It does not really matter if Britain leaves

The idea of the UK at the heart of the EU is bizarre

ABOUT WOLFGANG

Wolfgang Münchau Wolfgang Münchau is an associate editor of the Financial Times, where he writes a weekly column about the European Union and the European economy. Before taking up this position in September 2003, he was co-editor of Financial Times Deutschland for two years.

Before joining FT Deutschland, Mr Münchau was a Frankfurt correspondent and later economics correspondent of the Financial Times, reporting on the preparation for the final stage of monetary union and the launch of the euro.

E-mail Wolfgang Münchau