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Europe Needs a New Social Contract - Kemal Dervis, Project Syndicate

It will not be possible to design this new social contract country by country. Europe has become too interwoven in myriad ways – not just in purely financial and economic terms, but...

The Growing Isolation of Angela Merkel - Der Spiegel

The Chancellery in Berlin has demanded that EU countries in crisis undertake far-reaching structural reforms coupled with biting austerity programs. Paris, meanwhile, has been the voice of...

Europe Needs More than Stimulus Lite - Bloomberg View

European Central Bank President Mario Draghi had primed his audience before today's monetary-policy announcements. In recent comments, he'd led investors to expect new measures to...

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