Chief European Commentator, The Wall Street Journal. Britisher. Where there is discord, may I bring harmony. t.co/zzphRX6cXH

After 25 Years, Central Europe Still Playing Catch-Up

online.wsj.com — Anyone who remembers Central Europe in the early '90s can't fail to be impressed by the transformation of those countries from centrally-planned economies to market-based democracies. As it celebrates the 25th anniversary of the collapse of communist dictatorships, the region is once again fully integrated politically and economically into the life of the Continent.

A Speech on the EU Carries Risks for David Cameron

online.wsj.com — Once again, Britain's political destiny will be determined by a speech. In January 2013, David Cameron delivered his landmark "Bloomberg speech"-so-called because it was given in the media company's U.K headquarters-in which he committed to delivering a referendum on the U.K.'s membership of the European Union should he still be prime minister in 2017.

Italien wird zur Nagelprobe für ein europäisches QE

wsj.de — Die US-Notenbank Federal Reserve hat gerade ihre als „Quantitative Easing" bekannten Anleihekäufe beendet. In Europa dagegen werden die Stimmen lauter, die ein eigenes, breit angelegtes Programm der Europäischen Zentralbank zum Kauf von Staatsanleihen fordern, um die lahmende Konjunktur der Eurozone anzukurbeln.

Toxic Italy Is the Crucial Test for QE in Europe

online.wsj.com — As the Federal Reserve ends its quantitative-easing program, the calls for the European Central Bank to embark on its own full-scale government-bond-buying program grow louder. Many observers concur with former Fed Chairman Ben Bernanke's judgment that U.S. QE worked in practice but not in theory.

Stress Tests Mark Step Closer Toward Eurozone Banking Union

online.wsj.com — Only time will tell how successful the stress tests have been, but the exercise was an important step toward a banking union in the eurozone, Simon Nixon writes.

Draghi’s Dangerous German Stand-Off

blogs.wsj.com — I've written a number of columns over the last two months on the growing rift between Mario Draghi and Germany, for example here and here. Now Reuters has published a detailed report that provides plenty of fresh color on the deteriorating relationship, not least between the European Central Bank president and Jens Weidmann, the president of Germany's Bundesbank, which is said to be "totally rotten, broken beyond repair."

Europas neue Krise geht auf das Konto der Politik

The Eurozone’s Problems are Based in Politics

online.wsj.com — Some say the euro crisis is back; others argue that it never really went away. A gloomy forecast from the International Monetary Fund suggesting a 40% chance of a slide back into recession and a flurry of weak data pointing to a faltering recovery, particularly in Germany, have spooked the market.

France’s Dodgy Budgetary Arithmetic

blogs.wsj.com — Brussels can breathe a sigh of relief. A crisis has been averted. Harmony has been restored. France has submitted a draft budget for scrutiny by the European Commission as required under the eurozone's Fiscal Pact-and what's more, it is fully compliant with the rules.

French Bravado Being Put to the Test in Eurozone

online.wsj.com — Behind the scenes at the International Monetary Fund's annual meetings in Washington, D.C., over the weekend, the fiercest arguments concerned France's refusal to respect the eurozone fiscal rules set less than three years ago. This is shaping up to be a defining ideological confrontation with profound long-term consequences for the whole of Europe.
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Nov 20, 2014

RT @OborneTweets: Michael Gove: the most clueless government chief whip since Tim Renton at the back end of the 1980s. telegraph.co.uk/news/politics/…

Nov 19, 2014

Just had to hail 9 London cabs before finding one willing to take a credit card. This is why one should use Uber. They pay their taxes.

Nov 18, 2014

RT @MSmithsonPB: New Opinium poll has CON in lead with the LDs down 4 to 5% Con 34 (+5), Lab 33 (+1) LD 5 (-4) UKIP 18 (-1)

Nov 18, 2014

WTF??? RT @RT_com Officials refuse to comment on cause of extraordinary light flash over Urals (VIDEO) youtu.be/4C_7FuJVG0c

Nov 18, 2014

RT @nstamouli: Finance minister insists Greece would soon reach deal with international inspectors online.wsj.com/articles/finan…

Nov 18, 2014

RT @KaminskiMK: "War is simply the course Putin has chosen for Russia, and he did so a very long time ago." wapo.st/14EHrrU via @washingtonpost

Nov 18, 2014

RT @Berenberg_Econ: A good start for Germany as ZEW rebounds. Can be volatile, but points to growth recovering in the new year berenberg.de/uploads/tx_new…

Nov 18, 2014

RT @euronews: Czech president pelted and booed during Velvet Revolution anniversary speech eurone.ws/2QPs2C

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