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Curated by Project Syndicate

Germany versus the Euro?

43 commentaries

More than five years after the global financial crisis, the eurozone's southern countries remain economically and politically weak and its core economies are performing sluggishly. And now the German Constitutional Court has ruled against the European Central Bank's guarantee to buy distressed members' sovereign debt. Can – and should – the euro survive another brush with death?

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  1. A Surplus of Controversy
    tb3567c.jpg Tim Brinton

    A Surplus of Controversy

    Apr 8, 2014 Kenneth Rogoff calls for more facts and less populism in the debate about Germany's large trade surpluses.

  2. Poking the Eurozone Bear
    m5182c.jpg Barrie Maguire

    Poking the Eurozone Bear

    Feb 21, 2014 Brigitte Granville says that the European Parliament election in May could turn out to be the euro's gravest test yet.

  3. The ECB’s Bridge Too Far

    The ECB’s Bridge Too Far

    Feb 11, 2014 Ashoka Mody argues that the ECB's "outright monetary transactions" program is fundamentally flawed.

  4. Germany’s Pyrrhic Victory

    Germany’s Pyrrhic Victory

    Feb 10, 2014 Marcel Fratzscher worries that the German Constitutional Court has eliminated the eurozone's only credible financial backstop.

  5. Outright Monetary Infractions

    Outright Monetary Infractions

    Feb 9, 2014 Hans-Werner Sinn applauds the German Constitutional Court's ruling on the ECB's bond-purchase scheme.

  6. Europe’s Ungainly Banking Revolution

    Europe’s Ungainly Banking Revolution

    Feb 7, 2014 Daniel Gros examines the inelegant but fundamental innovation that is the Single Resolution Mechanism.

  1. elerian174_Michael M. SantiagoGetty Images_economy Michael M. Santiago/Getty Images

    Once Again, It Was the Economy, Stupid

    Mohamed A. El-Erian

    The economy played a critical role in the 2024 presidential race, creating the conditions not only for Donald Trump to trounce Kamala Harris, but also for a counter-elite to usher in a new power structure. Will the Democrats and “establishment” experts get the message?

    explains how and why Democrats failed to connect with US voters’ pocketbook realities.
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    PS Events: COP29 Live From Baku

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  3. barfi27_MANDEL NGANAFP via Getty Images_trumpnetanyahu Mandel Ngan/AFP via Getty Images

    Trumpian Turmoil Is Coming to the Middle East

    Barak Barfi thinks that the regional leaders who are cheering now may soon be pining for a less capricious leader.
  4. galbraith38_MandelNganGettyImages_democrats_funeral Mandel Ngan/Getty Images

    The Democrats Committed Suicide This Year

    James K. Galbraith thinks the party has only itself to blame for losing the 2024 election on low voter turnout.
  5. chellaney181_JAM STA ROSAAFP via Getty Images_south china JAM STA ROSA/AFP via Getty Images

    America Must Stand Up to Asia's Bully

    Brahma Chellaney urges Donald Trump’s incoming administration to push back against China’s aggressive expansionism.
  6. terzi6_green transition degrowth Getty Images

    Inclusive Finance Is the Key to Climate Action

    Sophie Sirtaine calls for COP29 to address the overlooked question of how to channel funds to vulnerable communities.
  7. tharoor196_Yawar NazirGetty Images_ladakh Yawar Nazir/Getty Images

    India’s Troubled Truce with China

    Shashi Tharoor fears that the recent agreement ending the military standoff in Ladakh will not bring the expected benefits.
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    Reducing Men’s Cancer Burden

    Ifeanyi M. Nsofor outlines a holistic approach that combines personal responsibility with community and government action.
  9. acemoglu80_ Joshua LottGetty Images_democrats Joshua Lott/Getty Images

    The Trump Shock Is the Democrats’ Fault

    Daron Acemoglu

    While the Democrats have won some recent elections with support from Silicon Valley, minorities, trade unions, and professionals in large cities, this coalition was never sustainable. The party has become culturally disconnected from, and disdainful of, precisely the voters it needs to win.

    thinks Kamala Harris lost because her party has ceased to be the political home of American workers.

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