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

The Pope Wants a Reformation — The theme of my Europe File column Monday (and many columns before that) was that Europe needs a reformation if it is to avoid revolution at the hands of populist parties. It took the pope of all people to drive this message home in a speech to the European Parliament on Tuesday.

Is the U.K. Heading for a Grand Coalition? — British attitudes toward the European Union have long been shaped by a strong sense of British exceptionalism. The U.K. sees itself as an island nation that has often stood outside the currents that have swept the rest of the Continent.

After 25 Years, Central Europe Still Playing Catch-Up — 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 — 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 — 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 — 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 — 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 — 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 — 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.
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Nov 27, 2014

RT @PickardJE: New Labour, new standard bearer. Umunna: “"I'd like to see tax at the lowest levels possible... I didn’t go into politics to tax people".

Nov 25, 2014

The Pope Wants a Reformation - his analysis of what ails Europe beats the faith-based remedies of the IMF. My blog.

Nov 25, 2014

RT @davidenrich: In two months, Ana Botin has ousted Santander CEO, shut an advisory board & even dropped her middle name "Patricia." http:…

Nov 25, 2014

@francescrook Agree. He's clearly not met my childrens' grandmothers who are the essence of vibrancy...!

Nov 25, 2014

RT @arhomberg: Why the UK is not as exceptional as it thinks it is by @simon_nixon #in the @WSJ

Nov 25, 2014

"The great ideas that inspired Europe have been replaced by the bureaucratic technicalities of its institutions’

Nov 25, 2014

Pope Francis tells European Parliament that Europe is now a grandmother, "no longer fertile and vibrant"

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