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Many anxious analyses have been spawned by the financial crisis of the past two years, but perhaps too little attention has been paid to the social and political fall-out...

Tough action is needed against bankers to get us out of our 'doom loop'. At last, the administration of US President Barack Obama seems to be contemplating a decisive move...

A Conservative victory in next year's general election in the UK might complicate the EU's attempts at reforming financial services supervision. UK Prime Minister Gordon...

The euro may be strong against the dollar, but changes in the currency market are not always a good thing. Robert Zoellick, the president of the World Bank, is no economic...

European Central Bank watchers are left peering into the gloom as Jean-Claude Trichet, the bank's president, declares that it would be premature to declare the financial...

There is a disjuncture between the profits reported by American and European banks, and the fragility of the economic recovery. Six months ago, in the wake of the September...

The EU should prepare itself to help lift its eastern member states out of their economic woes – just as the US did for Latin America in the 1980s. When European Union...

German Chancellor Angela Merkel's tactic of publicly criticising the European Central Bank has not had the effect that she intended. Angela Merkel, the chancellor of...

The European Commission's proposed reforms of financial supervision would have a profound impact on the UK. Tony Woodley is probably not a name that German politicians are...

Interest rate remains at 1%; eurozone's economy may contract by 5.1% in 2009. The European Central Bank (ECB) announced today that it is leaving eurozone interest rates...

There are some fine ideas being put forward on how to repair damaged financial markets, but what will happen is still far from certain. The leaders of the European Union are...

Despite Obama's return home, the EU should keep economic recovery on track. Ahead of the visit to Europe by US President Barack Obama, continental Europe was momentarily...

A review of three books on the euro that deal with everything from the history of the monetary union to the challenges that lie ahead. The eurozone, says Kenneth Dyson,...

Jean Claude Trichet rejects relaxing eurozone criteria and says sticking to the rules is important for stability. The president of the European Central Bank (ECB) today (5...

UK goes beyond EU special committee in calling for unification of supervisory bodies. UK Finance Minister Alistair Darling has welcomed the report on overhauling EU...

A European system of financial supervisors must be closely linked to the ECB if it is to have the leverage to deal with the economic crisis. In earlier days, miscreant...

Eurozone's central bank holds back, while the Bank of England presses ahead with further cut. The European Central Bank's governing council decided today to leave its key...

Central banks within the euro system should, though, have a greater role in supervising banks. Lucas Papademos, a vice-president of the European Central Bank (ECB), opened a...

EU member states must withstand protectionist pressures and present a united vision of how to tackle the global recession. The UK has been devaluing the pound in order “to...

The EU may soon regret its unwise resistance to reforming the International Money Fund. The government-owned International Monetary Fund (IMF), putative saviour of those...