Christine Lagarde appointment: EU leaders have sent a powerful signal about the future of the eurozone
The likely next head of the European Central Bank will cement its reinvention under Mario Draghi
Author Archives: Paul Wallace
Facebook’s audacious plan to create a new currency
What’s not to like about Libra? Quite a lot, if you are a regulator
This Tory leadership contest is a carnival of fiscal folly
Make-me leader politics has combined with make-believe tax and spend
The “yield curve” points to a looming recession—but is it a false signal?
The financial indicator is fabled but now fallible
To understand Brexit, look back to the first attempt to create a European Customs union—and how Britain blew its chance to lead
Our failure to press ahead with European integration in the late 1940s still haunts British politics now
The inconvenient truth about Philip Hammond’s budgetary plans
While everyone's worrying about Brexit, the real impact of tuition fees on the public finances is being misreported
Why is the eurozone ailing again?
Unorthodox measures from the ECB cannot make up for the underlying design defects of the euro
Worryingly Troubled Organisation: why the WTO is in serious peril
Hard Brexit enthusiasts hold up the WTO as the ultimate insurance policy for Britain. But the survival of the body itself is under threat
How serious is the Chinese economic slowdown?
The sheer scale of the Chinese economy today makes the risk of collapse a frightening prospect
Abandoning Brexit would give us a chance to implement three vital social reforms
Without the distraction of leaving, ministers could get on with fixing social care, universal credit and further education
A currency punching below its weight
Why the euro cannot realistically rival the dollar
The euro area’s disquieting slowdown
Will the European Central Bank change its tune?
Theresa May: the great survivor?
Can the prime minister defy the odds and shrug off yet another political body blow?
Mario Draghi’s tricky endgame
The European Central Bank president faces an all too familiar problem in his final year at the helm
Italy’s populists have picked the wrong fight with Europe
The real enemy lies not with EU budget rules but at home, in the country’s tortoise-like growth
Spreadsheet Phil delivers an autofill speech
The chancellor fails to enumerate home truths about Brexit
Brexit Britain is playing chicken with the economy
Fears of being worse off could increase public pressure for a second vote
The emerging crisis in emerging markets
Troubles in Argentina and Turkey are the next stage in the fallout from the crash of 2008
The true cause of Portugal’s recovery? Luck
Some ask whether the Socialist government has found a new way to run the economy, but it can take little credit
Central bankers should own up to the trade-offs in ultra-loose monetary policy
Their unorthodox experiment stimulated recovery but did it also exacerbate wealth inequality?