Germany

Large parts of the world are still in the grip of severe economic and health crises. Many hope that, with effective vaccines, both issues will abate. But there is a serious risk that the pandemic will have brought about lasting changes in governance. In Germany, the level of government intervention ...

Unleashing free-market force and entrepreneurship is the only way forward for Europe. Instead of mimicking China’s central planning, the West needs to return to the values that initially made it powerful and prosperous: innovation, freedom and entrepreneurship. Only then will it revive its mismanaged economies and boost its global relevance

Politics have become increasingly dysfunctional in Western democracies. As public debate degenerates into warfare, citizens’ faith in the system wanes. Much of the blame is rightly put on the doorstep of political parties, but can they be fixed? The most enduring republic in Europe’s history offers surprising insight.

The Covid-19 pandemic has capped a decade of economic crises that the European Central Bank has had to deal with. The bank’s tools to keep countries’ finances afloat and investors’ confidence solid have been unprecedented. Weaning them off low interest rates, financial injections and high debt will be its next ...