The geopolitics of the European Green Deal

The Green Deal will redefine Europe’s global policy priorities; as such, it is a foreign policy development with profound geopolitical consequences. The pdf is here. A short version has been published in Foreign Affairs....

For the euro there is no shortcut to becoming a dominant currency

(Auch auf Deutsch auf Makronom) When created two decades ago, the euro immediately became the world’s second most important currency. But it has remained a distant second to the US dollar. Its internationalisation peaked...

Will COVID-19 boost the euro as a global currency?

The euro is, by definition an international currency. However, since being established in the late 90s the single currency has always been somewhat less than the sum of it’s parts and has yet to challenge the US do...