European Power

The EU’s silent revolution

The eurozone crisis has redrawn the institutional structure of the EU and intergovernmentalism has become a default mechanism to solve problems in an emergency – but that risks backfiring by exacerbating the democratic deficit and crumbling EU unity

The German miracle is running out of road

Ahead of federal elections, Germany is showing signs of complacency about its economic success, with none of the big candidates addressing the factors that might lead to German manufacturing losing its edge