Volkswagen’s threat to the German model

Berlin’s over-reliance on cars is a silly strategy, much like Britain’s dependence on finance

Crises push Europe into realm of chaos

The refugee crisis alone will reduce Germany’s financial and political room for manoeuvre

Perplexing failure of EU’s centre-left

Ultimate crisis of global capitalism was delivered on a plate and they did not know what to do

Money-making scheme must be made of stronger stuff

Most of the macroeconomic effect of QE has already occurred

The deadly disunity of the Europeans

A quota system is too crude and politically as unsustainable as fiscal transfers among countries

The make believe world of eurozone rules

The disagreement between Germany and the ECJ is not about the law, but politics and economics

Grexit remains the likely outcome

Unless the economy behaves very differently than in the past, it will be trapped in a vicious circle

Greece’s creditors demolish euro project

Stripped of ambitions for a political and economic union, the bloc changes into a utilitarian project

Tsipras’s proposal sows division

Do not take this deal for granted — if Greece’s creditors want it to fail, they will find a way

A stealthy route to Grexit

In Berlin, the belief is hardening that no deal can be reached with a government led by Tsipras

Why the Yes campaign failed in Greece

Tsipras’s opponents made serial misjudgments, from the petty to the monumental

The road to Grexit and beyond

Tsipras was right to walk away. But it was a momentous decision

Eurozone heads for rupture

The creditors programme would have brought about total economic destruction

The real challenge is to save the eurozone

Grexit would be the point when the EU moves from integration, via stagnation, to disintegration

Greece has nothing to lose by saying no to creditors

If it were to default on its official-sector debt, France and Germany stand to forfeit €160bn

Two dismal economic plans for Greece

Without reform the country cannot co-exist with northern Europe in a monetary union

Why Britain has no chance of EU treaty change

Germany will boycott meaningful reforms for as long as its economy benefits from the status quo

The fate of Greece lies in Tsipras’s hands

If the deal offered by the country’s creditors is reasonable, the prime minister should accept

Simple core to Grexit and Brexit issues

The European problems of Greece and Britain involve no innate difficulty

What Cameron’s win means for Europe

Nobody can predict the outcome of the UK’s in-or-out referendum this far in advance


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.

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