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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. scherger1ARMEND NIMANIAFP via Getty Images_farming ARMEND NIMANI/AFP via Getty Images
    Free to read

    Carbon Farming Won't Save the Planet

    Sophie Scherger warns that soil-storage offsets may serve as a smokescreen for polluting industries.
  2. bildt129_MaximShipenkovGettyImages_valdai_putin_fail Maxim Shipenkov/Getty Images

    Putin’s March of Folly

    Carl Bildt argues that Russia’s president has only his own poor decisions to blame for his country’s loss of status.
  3. hausmann117_TONY KARUMBAAFP via Getty Images_africawindfarm Tony Karumba/AFP via Getty Images

    A Better Approach to Climate Finance

    Ricardo Hausmann

    By harnessing the capabilities of developing countries, we can accelerate global decarbonization while creating new growth opportunities. This approach would not only advance crucial climate goals but also ensure that a larger share of the world’s population can enjoy the fruits of the clean-energy transition.

    shows how developing countries can accelerate global decarbonization while creating new growth opportunities.
  4. ghosh83_CHRISTIAN MONTERROSAAFP via Getty Images_trump cop CHRISTIAN MONTERROSA/AFP via Getty Images

    Trump’s Bad COP

    Jayati Ghosh says the Paris climate agreement’s future depends on how other countries respond to the new US administration.
  5. goldberg32_Spencer PlattGetty Images_USshipping Spencer Platt/Getty Images

    Are Tariffs Worth It?

    Pinelopi Koujianou Goldberg thinks the risks and costs for the US will far outweigh any potential political or geopolitical benefits.
  6. schalatek1_Resul RehimovAnadolu via Getty Images_cop29 Resul Rehimov/Anadolu via Getty Images
    Free to read

    Is the Loss and Damage Fund Becoming an Empty Promise?

    Liane Schalatek warns that rich countries are once again shirking their responsibility to provide adequate climate finance.
  7. mazzucato77_PABLOPORCIUNCULAGettyImages_G20_summit_prostest PABLO PORCIUNCULA/Getty Images

    How Global Public Investment Should Work

    Mariana Mazzucato & Jonathan Glennie

    Addressing problems like climate change and biodiversity loss calls for new thinking about how to mobilize the huge volume of financing that will be needed. International cooperation must be re-framed as a collective endeavor in which all countries benefit, contribute, and make investment decisions together.

    propose a new model to unlock financing for action on climate change, biodiversity loss, and other issues.
  8. palacio163_Dominika ZarzyckaSOPA ImagesLightRocket via Getty Images_cop29finance Dominika Zarzycka/SOPA Images/LightRocket via Getty Images

    COP29 Must Deliver the Goods

    Ana Palacio hopes that geopolitical uncertainty will not thwart ambitious, credible climate-finance commitments.
  9. ngilman1_Ivan LiemanAFP via Getty Images_rwandagorilla Ivan Lieman/AFP via Getty Images

    Interspecies Money Is Here

    Nils Gilman & Mutesi Rusagara look beyond the first ever payments to animals and see a new model for human-wildlife economic collaboration.

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