On July 8th the European Central Bank announced the results of the Monetary Policy Strategy Review initiated by its president, Christine Lagarde, in January 2020. Delayed by
The question of public debt hangs over Europe’s future. Brussels prefers to talk about other things—the Green Deal or social Europe. The European public is
In the 18th century, Europe was the cradle of the fossil-fuel revolution. Now, we are calling time on the energy sources which have hitherto defined
Last year’s agreement on an EU recovery package was widely celebrated. This year its inadequacy will sink in. The attention of the European public is
In the final weeks of 2020 an optimist might see light at the end of the tunnel. Europe was hit hard by the second wave
This was supposed to be a big year for climate politics. It has lived up to expectations. But not, perhaps, in quite the way Europe
Adam Tooze argues that worrying about the euro exchange rate and a non-existent inflation enemy in Europe must give way to fiscal and monetary demand
Adam Tooze argues the European Green Deal and young Europeans’ activism are fostering a virtuous circle favouring more rapid decarbonisation. In the 1980s the dawning
As another sovereign-debt crisis looms, Adam Tooze warns against repeating the mistake of delegating to anonymised ‘markets’ accountable political choices. We are headed into a
It is a cruel twist of fate that the Covid-19 crisis has exposed the basic faultline in the eurozone between north and south. The resulting
I’ve seen things you people wouldn’t believe […] All those moments will be lost in time, like tears in rain. It is not often one
There are turning points in history. Moments that matter. Moments that mark beginnings and ends. As Martin Luther King reminded us “There is such a
In the grand European political reshuffle of 2019, it turned out that Christine Lagarde was the answer to the conundrum of who should replace Mario
The European Union likes to pose as a leader on environmental politics, but when it comes to climate policy Europe has a skeleton in its
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