Articles from the author

A UK vote to leave the EU may trigger a wider transformation of the bloc into an inner group of nations seeking deeper integration

The Volkswagen will leave as much of a dent on Germany doing things its way

The refugee crisis could turn into a political minefield for Angela Merkel

Eurozone member-states have no plan B for the evolving crisis, just a few stopgap emergency scenarios

Attacks in Paris highlight the need for action — repair Schengen or revert to national systems

Any version of quantitative easing can still offer hope of rousing investments

Austerity may not achieve its goal of reducing debt within a reasonable time

The community of nations was not constructed to deal with the current pressing geopolitical and geo-economic issues

But extending the quantitative easing programme does not constitute one

Even an injection of 500b euros may be insufficient to tackle the problem

If the EU were a democratic federal state, there would be no euro crisis — and no refugee crisis either

The EU’s mistake was not to have chosen a path that would lead to invariable ruin, but to render itself defenceless against unforeseen shocks