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Lasting euro success requires bolder proposals

Financial Times, by A. Sapir & J. Pisani-Ferry - The Commission is right to claim that the euro is a resounding success: the transition to the new currency was astonishingly smooth and, for all the talks about break-up, the reality is one of a steady increase in membership of the eurozone. /…/ The Commission is also right to admit that the euro has fallen short of some initial expectations.

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Crusading is not the answer, but nor is pulling up the drawbridge

Guardian, by Timothy G. Ash - The prospect seems to me more gloomy than 10 or 20 years ago. Presumably, it looks brighter to a communist leader in Beijing, a drug-lord in Afghanistan or an oligarch in Moscow. So much depends on where you sit and what you want. I want my children [...]

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The Battle of the Underdogs

Spiegel - Germany insists it is the underdog ahead of Sunday night’s Euro 2008 final against Spain. Which is odd since most Germans have long thought their team will win the tournament. Still, signs currently point to it being Spain’s year.

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