A Trillion Tax Euros Fall Between the Cracks

Europe has a new plan to help get the younger generation their first job. The “New Deal for Europe” offers under-25s in Mediterranean countries any job they’d like, just so long as it’s in catering, and in Germany. The “New...

… wasn’t the banner headline on this week’s Pew Research Center survey of European public opinion, but isn’t as far from reality as you might think. True, the Pew numbers, derived from a March poll in eight European Union countries...

Yesterday, European Central Bank President Mario Draghi sent the euro falling and eyebrows rising when he suggested he was ready and willing to begin charging banks to park cash in a deposit facility in Frankfurt. A negative deposit rate, as...

Yesterday was the big German parliamentary decision on aid for Cyprus, and the burning question was whether Chancellor Angela Merkel would hold her coalition together or, as in past Bundestag crisis-management moments, rely on opposition votes to pass the package....

A gathering of Germany’s foresters may not seem like the most obvious venue for Chancellor Angela Merkel to defend her austerity agenda against the encroaching horde of Keynesians. Yet there she was, at first weighing in on the government’s arboricultural...

Italian President Giorgio Napolitano, two months shy of his 88th birthday, has said his work is done as he prepares to hand off the country’s political stalemate to an unknown successor. The role of the Italian president is generally a...

Margaret Thatcher spoke about Europe mainly in terms of what she didn’t want: neither a “narrow-minded, inward-looking club” that is “ossified by endless regulation,” nor “an institutional device to be constantly modified according to the dictates of some abstract intellectual...

Bailed-out and bankingly challenged Cyprus is a “unique case,” the entire European policy establishment tells us. One under-reported way in which Cyprus is unique is that chatter about eventually leaving the euro isn’t limited to the fringes. It’s part of...

The euro area has just come as close as it ever has to learning that what the European Central Bank gives, it can also take away. Before euro-area ministers agreed a last-ditch bailout in the small hours of Monday morning,...

Even as dark clouds form over Europe’s economy again, there may be a silver lining emerging from three-years of crisis. From Ireland to Spain, the austerity demanded by policy makers in exchange for aid amid three years of debt woes...