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dinsdag 20 oktober 2026

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Facing global crises, Europe rearranges the diplomatic deckchairs

Many dreams haunt the corridors of European Union institutions in Brussels, the ghosts of summits past. Perhaps one day the continent’s administrators could spur the growth of home-grown tech champions, thus ending Europeans’ reliance on Silicon Valley giants. Maybe, in this life or the next, Eurocrats might devise a way to make France stick to the bloc’s budget rules. Still more improbably, Brussels-based mandarins could one day find a way to forge a unified foreign policy that satisfies the union’s 27 member states, thus allowing the continent to speak to the world with a single voice. That’ll show the Americans, Chinese and Russians that the EU is a force to be reckoned with!

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Europe’s lame-duck year could hardly come at a worse time

Every organisation has an idle period when getting things done becomes all but impossible: universities feel eerily quiet over summer, most offices are dormant over Christmas. Europe may be entering such a period, but one that will last the best part of a...

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How Europe should deal with the new China shock

The European Union has long had two China problems. The first concerns competition, at home and abroad, from increasingly capable Chinese exporters of cars, machinery and other things that Europe was once better at making.

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Will bonds blow up?

Bankers used to say that countries, unlike companies, can’t go bust. They repeated that comforting slogan until a wave of Latin American countries defaulted in the 1980s. Might a similar shock soon puncture the rich world’s hubris?