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Wolfgang Munchau is an associate editor of the Financial Times, where he writes a weekly column about the European Union and the European economy. Before taking up this position in September 2003, he was co-editor of Financial Times Deutschland, the German daily financial newspaper, for two years.
Before joining FT Deutschland, Mr Munchau was a Frankfurt correspondent and later economics correspondent of the Financial Times, reporting on the preparation for the final stage of monetary union and the launch of the Euro. Between 1988 and 1995 he held several posts at The Times newspaper, including Washington and Brussels correspondent. In 1989 he was a recipient of the Wincott Young Financial Journalist of the Year award. He holds an M.A. in International Journalism (City University) and Diplom-Betriebswirt (Reutlingen). His column appears on Mondays. - -
The case for a European rescue plan
A systemic banking crisis is one of those few conceivable shocks with the potential to destroy Europe’s monetary union, writes Wolfgang Münchau
Paulson’s problem presents lessons for us all
While the US needs a better rescue plan, Europe needs a lot more: a system that could produce a rescue plan in the first place, writes Wolfgang Münchau
Defaults will test a fair-weather construction
The future of the global financial sector depends to an uncomfortable extent on speculative insurance market, writes Wolfgang Münchau
Sarkozy’s economic reform has come unstuck
You cannot lead the eurozone and break its most important rules. France has manoeuvred itself into a corner, writes Wolfgang Münchau
How a downturn could turn into a disaster
Recent research suggests global investors might be inclined to switch out of dollars much faster than some people believe, says Wolfgang Münchau
Now is the wrong time to demand a rate cut
The ECB should treat a temporary fall in headline inflation just as it treated the temporary rise last year. It should ignore it, writes Wolfgang Münchau
Sarkozy has to take a more subtle approach
The ECB is right not to identify individual views. This may be the most destructive advice one could give right now, writes Wolfgang Münchau
The eurogroup has to shed its complacency
The shocks that face Spain and Ireland will test the see-no-evil-hear-no-evil approach to governance, says Wolfgang Münchau
The wrong tools to tackle rising inflation
In the long run, waiting for cheap alternative energies is right, but without a short-term answer we may never get there, writes Wolfgang Münchau
Recession is not the worst possible outcome
We might want to question whether the recipes that got us into the current financial mess are also most suited to get us out again, says Wolfgang Münchau
