The liner is sinking and after some delay the captain orders: launch the lifeboats. But, he says, the first, second and steerage class must each travel in separate lifeboats. If the lifeboats take on water, the passengers are instructed not to help each other, since this would violate the principles of the ship – which…
If it sounds like a multiplayer 3D chess game, then that’s what it really is. The technical term for it is currency war.
Gary Gibbon
This will not be a decisive moment in the David Cameron renegotiation strategy. And his critics would say the prime minister has a pretty good track record at misreading the German chancellor.
The Greek government is gambling that voters will reel back from putting the untested and inexperienced Syriza in power.
The Greek crisis, grinding away at the periphery of Europe, has thrust itself back into the limelight.
The indicators show China, Japan – and even the McDonald’s burger chain – are facing economic slowdown. How will the eurozone respond?
In this German town of deserted factories, there is an important lesson in why the government wants balanced books more than growth.
As the Eurozone project goes on failing, it is dragging the institutions and economies of Europe into a zone of disrepute that will drive anti-EU sentiment here.
Gary Gibbon
European leaders will gather today for a foreign ministers’ meeting that is expected to be dominated by the issues of Russia and Ukraine. But what will actually be done?
After every financial crash there’s a danger of stagnation, deflation and depression. Europe had to look that danger squarely in the face, and act.
Matt Frei
Europe’s mainstream parties are beginning to reassert themselves, and urging caution over the dangers of the far right and far left. But complacency is the battered EU’s biggest problem.
Mark Carney diplomatically warns Scotland that independence could come at a heavy price – like the ones paid by Ireland, Iceland, Cyprus and Spain.
Gary Gibbon
Might Messrs Osborne and Cameron be wise to avoid getting hung up on the T word as far as Europe is concerned?
Gary Gibbon
The Conservative party’s problems over EU policy are not confined to the backbenches – it has lots of work to do to persuade other EU nations of the need for a new treaty.
With two German football teams meeting in the Champions League final on Saturday, it is time to list the country’s many achievements.