A new deal for the eurozone

The Maastricht foundation that underpins the € has been shown to be a fair weather construct, unsuited to the economic troubles of the last two years. Now a new storm-proof framework is needed, with Germany sharing economic sovereignty in exchange for other eurozone members buying into a new governance model largely devised in Berlin.

Welt ohne F?hrung

Obama's China-Visit was more than an episode: it symbolises the end of a long era of global US leadership. The power vacuum will have to be filled by stronger global institutions. A piece in German.

Besser wird’s nicht

The Lisbon Treaty makes the EU neither efficient nor democratic enough. But it was the best available deal under the outdated and foolish unanimity rule. A piece in German.