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Brzeski, global head of macro for ing research. Good to see you. Germany is in favour. Italy is saying it is too hard. Your thoughts . fix, too hard. Your thoughts . Complicated story once again. This is the third or fourth reform of european fiscal rules since the start of the monetary union. What they aim to do is make the rules a bit more flexible to give the more economic sense but in the past we saw the rules were simple but it did not leave enough room for investment in the future. If there was a problem, look back at the euro crisis, applying these rules really meant painful reforms, p...

Die Machtübernahme der Taliban in Afghanistan mischt in geopolitischer Hinsicht die Karten neu. Mehrere Akteure machen in der Region bereits erste Schachzüge, vor allem Russland und China stehen dabei unter Beobachtung. Beide Staaten haben spezifische Interessen, die Machtübernahme der Taliban bringt sie aber auch in heiklen Zugzwang.