Commentaries

Should he stay or should he go? Miliband ponders

By Paul Taylor
November 9, 2009

OUKTP-UK-IRAN-NUCLEAR-BRITAINShould he stay or should he go?

British Foreign Secretary David Miliband could be Europe’s first foreign minister in all but name, with one of the most influential jobs in shaping the place of the 27-nation bloc on the world stage, if he is willing to risk leaving British politics for the next five years. That’s a big if.

Lower Opel costs to help government aid

November 6, 2009

General Motors’ decision to scrap the sale of Opel rests on the carmaker’s calculation that the hole in its European unit’s finances is not as deep as previously feared.

Turkey’s EU bid fades with little drama

By Paul Taylor
October 15, 2009

turkarmeniaTurkey’s bid to join the European Union is fading away with surprisingly little drama because investors no longer see the prospect of accession as an essential policy anchor.

German covered bonds under scrutiny

October 7, 2009

Fitch Ratings seems to be getting nervous about the amount of commercial real estate loans included in German banks’ covered bond pools.

SPD debacle shows agony of European centre-left

By Paul Taylor
September 28, 2009

sozisIt was a black night for Germany’s Social Democrats. Their catastrophic general election score of just 23 percent was by far the worst since the creation of the Federal Republic in 1949. It was more than 11 points worse than their result in 2005, and nearly 6 points worse than their poorest post-war showing in 1953.(Picture shows party activists at SPD headquarters watching first exit polls on television)

Germans vote for change; will they get it?

By Paul Taylor
September 27, 2009

angieGermans have voted for change. A centre-right government with a clear parliamentary majority will replace the ungainly grand coalition of conservatives and Social Democrats that ran Europe’s biggest economy for the last four years.

West raises stakes over Iran nuclear programme

By Paul Taylor
September 25, 2009

big-3President Obama and the leaders of France and Britain have deliberately raised the stakes in the confrontation over Iran’s nuclear programme by dramatising the disclosure that it is building a second uranium enrichment plant. Their shoulder-to-shoulder statements of resolve, less than a week before Iran opens talks with six major powers in Geneva, raised more questions than they answer.

Germany will have to change Opel deal after election

By Paul Taylor
September 24, 2009

opelanerIt looks increasingly clear that Germany will have to change its deal to aid carmaker Opel once Sunday’s general election is out of the way.

A chance for real change at the G20

September 21, 2009

For years, policy makers were able to cut and paste statements on global imbalances from one communique to the next. The words were never backed by action. This G20 meeting could very well be different.

“Tobin tax” gaining ground in Europe

By Paul Taylor
September 21, 2009

No longer just a hopeless cause for anti-capitalist activists, the idea of a global tax on financial transactions is gaining ground in Europe.