euro
The problem with euro-dollar parity
The euro is nearly level with the dollar. It should not matter in theory, because of the relatively low share…
Has Christine Lagarde just let slip the truth about the euro?
Ursula von der Leyen dispensing vaccines, with a halo over her head perhaps? Emmanuel Macron riding a tank to symbolise…
The EU is stepping up its raid on the city of London
It is not usual for the Governor of the Bank of England to ask permission to make a statement about…
Can 'super' Mario Draghi save Italy from itself?
In the aftermath of the financial crash, two ‘Super Marios’ came to Italy’s rescue. Mario Draghi, then president of the European…
Thatcher was completely right about the Euro
It was a ‘rush of blood to the head’. Its central bank would prove to be hopelessly ineffective. And cultural…
Will Western economies be ‘turning Japanese’ after Covid-19?
Japan has announced a colossal stimulus package (£1.75 trillion) as it attempts to breathe life into its Covid-19 damaged economy.…
Why Macron is happy to leave Renault’s chief shivering in his Tokyo cell
In France after New Year, the only gilets jaunes I spotted were a rather dejected bunch near an autoroute exit.…
Migration is complicated. Don’t pretend it’s not
I expect you’ve already noticed it, but in case you’ve been living in a cave or an economics faculty for…
Whether or not Britain leaves, the EU must change or fall apart
David Cameron’s attempt to renegotiate Britain’s EU membership has served as a powerful reminder of the case for leaving. The…
Please come on holiday to poor, broken Greece. It needs you
At the weekend, I tried — and failed — to get some money out of an empty cashpoint near Omonia…
Charles Moore’s Notes: Why the Greek No is a great moment for socialism
Even if everything goes wronger still, the Greek No vote is a great victory for the left. Until now, the…
Greeks just want to keep what they’ve got
We were breakfasting outside on the morning of the Greek referendum. The result could only be guessed at and all…
A Budget to show how it should be done – as the Greeks show how it shouldn't
George Osborne’s Budget was good politics: not so much in terms of tactical point-scoring, though there was plenty, but in…
Christine Lagarde didn’t create the Greek crisis. But she might not survive it
The Greek drama took a turn few of us expected last week, when the world thought compromise was imminent. What…
'We need a new word for crisis': the view from Athens
Its people face an uncertain and frightening future
Merkel's crisis is Cameron's opportunity
Merkel’s crisis is David Cameron’s opportunity
Greece’s secret weapon: Grexit would hurt Merkel most
Grexit would be worse for Germany than for Greece
Ten myths about Brexit
Don’t believe the scare stories about leaving the EU
Greece should remember the lesson of Black Wednesday
The campaign to keep Greece in the euro has resulted in five years of groundhog days. The unfortunate country seems…
Portrait of the week
Home Talha Asmal, aged 17, from Dewsbury, West Yorkshire, died in a suicide bomb attack on forces near an oil…
Why Yanis Varoufakis is my politician of the year
After the heat of battle: the accolades, the recriminations, the telling of history by the victors. It’s six months early…
Zac Goldsmith: How my dad saved Britain
If you’re grateful not to be in the euro, it’s James Goldsmith and his ‘rebel army’ you should thank
The subversive wonders of Kilkenomics – where economics meets stand-up
‘What is a Minsky moment, anyway?’ asks Gerry Stembridge, an Irish satirist. ‘I’ve been reading about them in the papers…
The Spectator's Notes: Max Clifford's conviction vindicates juries. But so did the acquittals
The conviction of Max Clifford for indecent assaults feels like a vindication of the jury system, as did the acquittal…