Bundesbank Executive Board member Andreas Dombret has called on all stakeholders and interested parties to look at the Basel III decisions not only as a burden but also as a strong bedrock for banks’ stability. In an op-ed published in the German business daily Börsen-Zeitung, he describes the overall package as a well-designed and balanced standard as well as a forward-looking regulatory framework which will go a long way towards enhancing financial stability.

The reform debate is gaining momentum. However, the European Commission's proposals are not helping matters. Taking a look across the Atlantic reveals how currency unions can be made more resilient.

L'integrazione economica europea ha senza dubbio incrementato il nostro benessere. Tuttavia esistono opinioni controverse sulla necessità di approfondire ulteriormente l'integrazione, e se si decide di farlo, su come si dovrebbe procedere.

L'integrazione economica europea ha senza dubbio incrementato il nostro benessere. Tuttavia esistono opinioni controverse sulla necessità di approfondire ulteriormente l'integrazione, e se si decide di farlo, su come si dovrebbe procedere.

"I’m getting on for 18 and clueless about taxes, rent and insurance. But I can analyse a poem. In four languages." Tweeted by a 17-year-old school pupil three years ago, this sparked off a debate on the importance of economic education in schools. One could say: been there, done that. For, as ever, what did all the subsequent talk lead to? That’s right: nothing. Reasonable people can disagree on whether public finances or Brecht’s The Threepenny Opera is more deserving of a place in a school curriculum. At any rate, numerous studies and surveys have exposed deficiencies in the German public’s knowledge of economics.