Why Draghi’s Stimulus Plan Is Europe’s Last Shot
It looks as if Mario Draghi is at last on the way to earning his nickname. Mr. Whatever It Takes, the European Central Bank’s president, launched his long-awaited quantitative easing program last week. Early indications are promising: The policy that…
Germany’s New Policy Plan Puts the US on Catch Up
It takes a strong nation, as opposed to one that’s merely powerful to rethink the way it conducts its foreign relations. Germany now proves the point, and Americans should sit up straight and take a long look. This is nothing…
For Greece Now, It’s Political and Economic Mess
There’s nothing wrong with buying time if that’s your need. And Greece’s daring new finance minister Yanis Varoufakis got some when he struck a deal in Brussels Friday to extend the European Union’s bailout for four months. The markets greeted…
First Greece, Now Spain: Is Europe in for a Political Earthquake?
It took a mere six days for the election victory of the anti-austerity Syriza party in Greece to start ricocheting around Europe like a stray bullet in a concrete bunker. And already the fight between northern Europe’s austerians and their…
Europe’s Big Choice on How to Beat Militant Islam
We’re now “post-Paris” exactly as we were “post-9.11” 13 autumns ago. And Europeans face the same vital question Americans did then: Militant Islam manifests itself as a crisis in our societies. How will we weight civil liberties and security in…
Why 2015 Will Make or Break a Spate of Global Alliances
U.S., Russia, Iran, China, Europe all face loyalty tests Call it the “Year of Tenuous Ties” as new alliances take shape Obama has to rethink his approach to both Russia and China Last January this column nominated 2014 as “the…
A New Leader Could Lift Greece—and Europe—Out of Crisis
Monday’s parliamentary vote could signal an end to austerity The social-democrats want to solve the humanitarian crisis first Then stimulate the economy and bring jobs back to Greece It’s all eyes on Athens this week. There have been many significant…
Fallout from Obama’s Russia Strategy Is Spreading through Europe
The Obama administration’s sanctions against Russia, reluctantly supported by the Europeans, bite more deeply every day. But it is also clearer with each daily news report that Russians are not going to suffer alone. Russia’s immediate neighbors and the Europeans…
Ukraine Starts Its March to Free-Market Capitalism
Ukraine watchers, to say nothing of Ukrainians, had better fasten their seatbelts. The passage of a former Soviet republic to free-market capitalism is about to begin. None of the players involved in this transition — the Poroshenko government in Kiev,…
Why the Hell Does Mario Draghi Want to Leave the ECB Now!?
What would happen to Europe’s prospects for recovery if Mario Draghi left his job as president of the European Central Bank? Would Draghi’s plans to implement an ambitious policy of monetary stimulus get bulldozed by German inflation hawks and others…
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