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Europe and the G20: No real hope for resettling global imbalances!

The Group of 20 Finance Ministers and Central Bankers who met last Friday in Washington took only a small step towards monitoring “international economic imbalances” among the world’s leading trading...

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Budget cuts for the multiannual financial framework are not appropriate in...

Recently, in a German magazine, I published an analysis which questioned if Brussels wants Europe. Of course, this was a rhetorical question but nevertheless a valuable one regarding the current...

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Is Mario Draghi kicking out financial capitalism and austerity policies?

Yesterday’s decision of the European Central Bank to cut its key interest rate below zero and the other measures announced are more than a European way of the U.S. Quantitative Easing (QE). The ECB cut...

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