Euro Crisis

A good decade after the introduction of the euro a deep rift is running through Europe. Unemployment remains high in the south, where the economy is in the doldrums. The North, on the other hand, has been obliged to play the role of paymaster and is being held hostage by the ECB. Dissatisfaction with this situation is growing on both sides. This webpage features articles by Hans-Werner Sinn on the fundamental design flaws of the Eurosystem. It demonstrates that the policies followed are endangering the market economy, democracy and peace in Europe and shows how these dangers can be countered.

Presentations

“The Situation in Greece and the Future of Europe”, Munich Seminars with Prof. Yanis Varoufakis, former Minister of Finance of Greece, October 28th, 2015, English | Video.

 

 

“Der Euro. Von der Friedensidee zum Zankapfel”, FAZ.net, Book Fair Frankfurt 2015, October 15th, 2015, German | Video.

“The Greek Tragedy”, Opening Speech, Conference on Sovereign Debt from an Economic Perspective: Crisis Resolution and Measurement, July 8th, 2015, English | Video.

 

 

“Wie soll Europa der Krise begegnen?”, Hans-Werner Sinn and Richard David Precht, “Leibniz-Debatte” 1/2015, June 24th, 2015, German | Video.

 

 

Current Policy Contributions

“Die verkehrte Welt der Europäischen Zentralbank” (The Perverse World of the European Central Bank), WirtschaftsWoche, March 18th, 2016, p. 36.

“Warum große Geldscheine auch unserer Volkswirtschaft nutzen” (Why Large Banknotes Are Useful for Our Economy), WirtschaftsWoche, February 19th, 2016, p. 43.

“Diese Politik ist extrem gefährlich” (This Policy Is Extremely Dangerous), Abendzeitung München, February 12th, 2016, p. 11.

“Wie sich der Einzug des 500-Euro-Scheins rechnet” (How the Withdrawal of the 500 Euro Note will Pay Off), faz.net, February 7th, 2016.

“Non tacemus” (together with Clemens Fuest), oekonomenstimme.org, January 18th, 2016.

Refereed scientific monographs

Der Euro: Von der Friedensidee zum Zankapfel (The Euro: From Peace Project to Bone of Contention), Hanser: Munich, October 2015, 480 pages. (Revised and updated translation of The Euro Trap). To Amazon.

 

 

The Euro Trap. On Bursting Bubbles, Budgets and Beliefs, Oxford University Press: Oxford, 2014, 416 pages. Korean edition, Hantee Media Publishing, Seoul, Korea, 2015. To Amazon.

 

 

Non-refereed scientific monographs

Gefangen im Euro (Trapped in the Euro), Redline: Munich,  2014, 224 pages. To Amazon.

Die Target Fall - Gefahren für unser Geld und unsere Kinder (The Target Trap), Hanser: Munich, 2012, 418 pages. To Amazon.

Smaller, non-refereed scientific monographs

Verantwortung der Staaten und Notenbanken in der Eurokrise (The Responsibility of States and Central Banks in the Euro Crisis), ifo Schnelldienst 66, Special Issue June, 2013, 33 pages (Download, 450 KB); also published in: Wirtschaftsdienst, 93 (7), 2013, pp. 451-454 (Download, 136 KB).

Ein Krisenmechanismus für die Eurozone (A Crisis Mechanism for the Eurozone) (together with Kai Carstensen), ifo Schnelldienst 63, special issue November 2010, 17 pages (Download, 2.7 MB).

Rescuing Europe, CESifo Forum 11, special issue August 2010, 22 pages (Download, 4.5 MB). (Reprinted in: Socioekonomické a humanitní studie [Studies of Socio-Economics and Humanities] 1/2011 Vol. 1, 8–26).

Die Bedeutung des Gewährleistungsgesetzes für Deutschland und Europa (The Importance the Euro Rescue Plan for Germany and Europe), ifo Schnelldienst 63, 2010, No. 10, 9 pages (Download, 1.6 MB).

Articles in refereed journals

"Austerity, Growth and Inflation: Remarks on the Eurozone’s Unresolved Competitiveness Problem", The World Economy 37 (1), 2014, pp. 1-13 (Download, 248 KB)CESifo Working Paper No. 4086, January 2013 (Download, 206 KB).

"Die Europäische Fiskalunion" (European Fiscal Union), Perspektiven der Wirtschaftspolitik 13 (3), 2012, pp. 137-178 (Download, 604 KB); Ifo Working Paper No. 131, July 2012 (Download, 403 KB).

Policy Contributions in Journals and Academic Volumes

“Was lehrt uns die deutsche Vereinigung für die europäische Fiskalunion?” (European Fiscal Union: What Lessons Can Be Learnt from German Reunification?) (together with Gerlinde Sinn), ifo Schnelldienst 68, 2015, No. 22, p. 4-7 (Download, 2236 KB).

“Do not perpetuate the Dutch Disease in Europe: Lessons from German reunification for a European Fiscal Union” (together with Gerlinde Sinn), VOX, www.voxeu.org, November 1st, 2015.

"Why the taxpayer is on the hook", VOX, www.voxeu.org, February 24th, 2015.

"Responsibility of States and Central Banks in the Euro Crisis", CESifo Forum 15, 2014, No. 1, pp. 3-36 (Download, 2.6 MB).

„Relaunching Europe: Problems, Reform Strategies and Future Options - Introduction"CESifo Forum 14, 2013, Nr. 3, S. 08-13 (Download, 1.9 MB).

"Saving the European Union: Are Eurobonds the Answer?" (together with George Soros), CESifo Forum 14, 2013, No. 2, pp. 41-48 (Download, 1.7 MB).

"European Imbalances" (with Akos Valentinyi), VOX, www.voxeu.org, March 9th, 2013.

"Mutualisation and Constitutionalisation" (with Harold James), VOX, www.voxeu.org, February 26th, 2013.

"Europäische Währungsunion: Thesen und notwendige Schritte zur Krisenbewältigung“ (European Monetary Union: Theses and Steps Needed to Cope With the Crisis) (together with Roland Berger et.al.), in: J. Braml, St. Mair, E. Sandschneider, ed., Außenpolitik in der Wirtschafts- und Finanzkrise (Jahrbuch Internationale Politik Band 29), R. Oldenbourg: Munich 2012, pp. 317–328.

"Kurzvortrag zur Eurokrise vor dem Verfassungsgericht" (Brief Presentation on the Euro Crisis to the German Federal Constitutional Court), ifo Schnelldienst 65, 2012, No. 15, pp. 22-26 (Download, 437 KB).

"Zur Debatte »Sparen oder Wachstum«" (On the current “austerity or growth” debate) (together with Niklas Potrafke), ifo Schnelldienst 65, 2012, No. 10, pp. 7-8 (Download, 37 KB).

"The European Balance of Payments Crisis: An Introduction", in: H.-W. Sinn, ed., The European Balance of Payments Crisis, CESifo Forum 13, Special Issue January, 2012, pp. 3–10 (Download, 610 KB).

"How to Rescue the Euro: Ten Commandments", CESifo Forum 12, 2011, No. 4, pp. 52-56 (Download, 363 KB) (earlier version published at VOX on October 3rd, 2011).

"How to Rescue the Euro: Ten Commandments"VOX, www.voxeu.org, October 3rd, 2011.

"Was kosten Eurobonds?" (What will eurobonds cost?) (together with Tim Oliver Berg and Kai Carstensen), ifo Schnelldienst 64, 2011, No. 17, pp. 25-33 (Download, 585 KB).

"Die Rettungssummen steigen" (The rescue sums are increasing), ifo Schnelldienst 64, 2011, No. 17, p. 22 (Download, 326 KB).

"Die europäische Zahlungsbilanzkrise - Eine Einführung" (The European balance of payments crisis – an introduction), ifo Schnelldienst 64, 2011, No. 16, pp. 3-8 (Download, 488 KB).

"Europe at a Crossroads: The Role of the State in a Globalised Economy - Introduction", CESifo Forum 12, 2011, No. 3, pp. 9-17 (Download, 1.2 MB).

"Why the rescue fund is large enough"VOX, www.voxeu.org, February 19th, 2011.

"Trade Imbalances - Causes, Consequences and Policy Measures: Ifo's Statement for the Camdessus Commission" (together with Teresa Buchen and Timo Wollmershäuser), CESifo Forum 12, 2011, No. 1, pp. 47-58 (Download, 1.5 MB), also published in J. T. Boorman und A. Icard, eds., Reform of the International Monetary System – The Palais Royal Initiative, SAGE: New Delhi et.al. 2011, pp. 321–342.

"A Euro Rescue Plan" (together with Wolfgang, Franz, Clemens Fuest and Martin Hellwig), CESifo Forum 11, 2010, No. 2, pp. 101-104 (Download, 616 KB).

"Der Euro, die Zinsen und das europäische Wirtschaftswachstum" (The Euro, Interest Rates and Economic Growth) (together with R. Koll), ifo Schnelldienst 53, 2000, No. 32, pp. 46-47 (Download, 189 KB).

"The Euro, Interest Rates and European Economic Growth“ (together with R. Koll), CESifo Forum 1, 2000, No. 3, pp. 30-31 (Download, 360 KB).

Short Policy Contributions and Newspaper Articles

“Die verkehrte Welt der Europäischen Zentralbank” (The Perverse World of the European Central Bank), WirtschaftsWoche, March 18th, 2016, p. 36.

“Warum große Geldscheine auch unserer Volkswirtschaft nutzen” (Why Large Banknotes Are Useful for Our Economy), WirtschaftsWoche, February 19th, 2016, p. 43.

“Wie sich der Einzug des 500-Euro-Scheins rechnet” (How the Withdrawal of the 500 Euro Note will Pay Off), faz.net, February 7th, 2016.

“Non tacemus” (together with Clemens Fuest), oekonomenstimme.org, January 18th, 2016.

“Fiskalpolitik und Einheit” (Fiscal Policy and Unity), Handelsblatt, December 7th, 2015, p. 48.

“Katastrophalen Unsinn sollte man nicht wiederholen!” (Disastrous Folly Should Not Be Repeated!), WirtschaftsWoche, December 4th, 2015, p. 39.

“Can the Islamic State Unify Europe?”, (ref. Project Syndicate November 2015).

“Die Schuldner entziehen sich den Forderungen der Sparer” (Debtors Renege on Savers‘ Demands), Xing Klartext, October 28th, 2015.

"Nur so kann der Euro überleben" (The Only Way for Europe to Survive), Focus, October 10th, 2015, p. 42.

"Die deutsche Vereinigung als Vorbild für Europa?" (Can German Reunification Serve as a Model for Europe?) (together with Gerlinde Sinn), Frankfurter Allgemeine Zeitung, October 2nd, 2015,  p. 22.

"Irrweg Fiskalunion: Gemeinsame Kassen lösen die Probleme der Euro-Zone nicht" (Blind Alley of the Fiscal Union: A Common Purse Cannot Solve the Problems of the Eurozone), WirtschaftsWoche, August 14th, 2015, p. 35.

"Die Risiken der Notkredite" (The Risiks of Emergency Loans) (together with Clemens Fuest), Handelsblatt, July 10th, 2015, p. 64.

"Ein bedenklicher Freibrief für die Europäische Zentralbank" (Carte Blanche for ECB Gives Cause for Concern), WirtschaftsWoche, June 19th, 2015, p. 39.

"Why ECB QE may not mean a safe retirement", CNBC, May 12th, 2015.

"Europe’s Keynesian Dream – A neo-classical recipe for a neo-classical problem"The International Economy, Winter 2015, p. 38-39, 56.

"Das Bewertungsparadoxon" (The Valuation Paradox), WirtschaftsWoche, April 27th, 2015, p. 42.

"Das Geld der EZB fällt nicht wie Manna vom Himmel" (The ECB’s Money Doesn’t Fall Like Manna From Heaven), Frankfurter Allgemeine Sonntagszeitung, March 15th, 2015, p. 20.

"Das Eurosystem ist wie eine Aktiengesellschaft" (The Eurosystem Is Like a Public Limited Company), Der Tagesspiegel, February 11th, 2015, p. 16.

"Europas Schattenbudget" (Europe’s Shadow Budget), Handelsblatt, February 9th, 2015, p. 48.

"Quantitative Verlockung" (Quantitative Teasing), WirtschaftsWoche, February 2nd, 2015, p. 39.

"Eine Antwort an die Kritiker" (A Response to His Critics), Handelsblatt, January 21st, 2015, p. 14.

"Europe’s Shadow Budget", (ref. Project Syndicate December 2014).

"Wohlstand oder Schuldensumpf" (Prosperity or a Mire of Debt), The European, December 4th, 2014, No. 1/2015, p. 16.

"Austerität" (Austerity), www.huffingtonpost.de, December 2nd, 2014.

"Juncker’s shadow Bank", www.euobserver.com, December 2nd, 2014.

"Man könnte "Schrott" sagen" (You Could Say "Junk"), Handelsblatt, November 6th, 2014, p. 48.

"EZB auf einem gefährlichen Pfad – Eine Replik von Hans-Werner Sinn" (ECB Is Following A Risky Path – Hans-Werner Sinn's Response), blog.zeit.de/herdentrieb, November 6th, 2014.

"Europe’s Brush with Debt", (ref. Project Syndicate October 2014), Les Echos (Mali), Global Times (China), The Korean Herald (Korea, South), Lianhe Zaobao (Singapore), Business Weekly (Taiwan), Die Presse (Austria), Handelsblatt (Germany). La Tribune (France), Vilaggazdasag (Hungary), Il Sole – 24 Ore (Italy), Project Syndicate Polska (Poland), Finanz und Wirtschaft (Switzerland), World Economic Forum (Switzerland), L'agefi (Switzerland), The Guardian (United Kingdom), Expreso (Ecuador), Jewish Business News (Israel), Al Bayan (United Arab Emirates).

"Schlendrian verlängert" (Casual Attitude Continues), WirtschaftsWoche, October 20th, 2014, No. 43, p. 46.

"Das italienische Problem" (The Italian Problem), Handelsblatt, October 7th, 2014, p. 48.

"Mutation zur Bad Bank" (Becoming a Bad Bank), WirtschaftsWoche, September 29th, 2014, No. 40, p. 47.

"Italy`s Download Spiral", (ref. Project Syndicate August 2014), Les Echos (Mali), The New Times (Rwanda), Caijing Magazine (China), Global Times (China), The Japan Times (Japan), The Korea Times (Korea, South), Taipei Times (Taiwan), Die Presse (Austria), Handelsblatt (Germany).Poslovni Dnevnik (Croatia), Ekonom (Czech Republic), Borsen (Denmark), La Tribune (France), Il Sole – 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Project Syndicate Polska (Poland), Jornal de Negocios (Portugal), Finance (Slovenia), Finanz und Wirtschaft (Switzerland), L’Agefi (Switzerland), World Economic Forum (Switzerland), The Guardian (United Kingdom), Expreso (Ecuador), Jordan Times (Jordan), L’Orient le Jour (Lebanon), Al Shabiba (Oman), RealClearPolitics (United States).

"Der Steuerzahler haftet" (The Taxpayer Is Liable), Frankfurter Allgemeine Zeitung, July 10th, 2014, No. 157, p. 22.

"Europäische Tricks" (European Tricks), WirtschaftsWoche, July 7th, 2014, No. 28, p. 40.

"Die Uhr läuft, deshalb: alles auf den Tisch!" (The Clock is Ticking - Time to Put Everything on the Table), Der Hauptstadtbrief, July 3rd, 2014, No. 123, pp. 32-33.

"Deutsche Trugschlüsse" (German Fallacies), Die Welt, May 17th, 2014, No. 114, p. 2.

"Neues Schutzversprechen" (New Promise of Protection), WirtschaftsWoche, May 12th, 2014, No. 20, p. 37.

"Die Ruhe vor dem Sturm" (The Calm Before the Storm), Handelsblatt, May 6th, 2014, No. 86, p. 56.

"Europe’s Next Moral Hazard", (ref. Project Syndicate April 2014), Les Echos (Mali), Business Day (Nigeria), The New Times (Rwanda), Global Times (China), The Japan Times (Japan), The Korea Herald (Korea, South), Business Weekly (Taiwan), BH Dani (Bosnia and Herzegovina), Ekonom (Czech Republic), Vilaggazdasag (Hungary), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Project Syndicate Polska (Poland), Jornal De Negocios (Portugal), Finance (Slovenia), Expansion (Spain), Finanz Und Wirtschaft (Switzerland), L'agefi (Switzerland), Jewish Business News (Israel), Jordan Times (Jordan), Al Jarida (Kuwait), Al Shabiba (Oman), RealClearPolitics (United States).

"Austerität" (Austerity) (together with Akos Valentinyi), www.oekonomenstimme.org, April 11th, 2014.

"Vampir Deutschland?" (Vampire Germany?), Frankfurter Allgemeine Zeitung, April 7th, 2014, No. 82, p. 18.

"Improving the Euro", The International Economy, Winter 2014, XXVIII, No. 1, p. 15-16.

"Gefangen im Euro" (Trapped in the Euro), FOCUS 14/2014, March 31st, 2014, p. 30.

"Bankenunion: Besser als erwartet?" (Banking Union: Better Than Expected?) (together with John Driffill), www.oekonomenstimme.org, March 17th, 2014.

"Comment on Paul De Grauwe", EUROPP Blog, March 10th, 2014.

"Und Karlsruhe entscheidet doch" (Karlsruhe Takes a Positive Decision), Handelsblatt, February 11th, 2014, No. 29, p. 48.

"Outright Monetary Infractions", (ref. Project Syndicate February 2014), Les Nouvelles (Madagascar), Les Echos (Mali), The New Times (Rwanda), Global Times (China), Poslovni Dnevnik (Croatia), Project Syndicate Polska (Poland), Al Jarida (Kuwait), CNBC (United States), L'echo (Belgium), Kauppalehti (Finland), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Expansion (Spain), L'agefi (Switzerland), Finanz Und Wirtschaft (Switzerland), World Finance (United Kingdom).

"Europa verdrängt die Krise" (Europe Is Suppressing the Crisis), Zeit Online, January 20th, 2014.

"Neustart für den Euro" (New Start for the Euro), Handelsblatt, January 16th, 2014, No. 11, p. 48.

"Europa erneuern - und zwar von Grund auf" (Rebuilding Europe - Starting from Scratch), Die Presse, January 9th, 2014, No. 20.034, p. 26.

"Rescuing Europe from the Ground Up", (ref. Project Syndicate December 2013), Les Echos (Mali), Caijing Magazine (China), Global Times (China), The Japan Times (Japan), The Korea Herald (Korea, South), KiniBiz (Malaysia), Al Shabiba (Oman), Times of Oman (Oman), Ekonom (Czech Republic), The Prague Post (Czech Republic), Koha Ditore (Kosovo), Project Syndicate Polska (Poland), Finance (Slovenia), Expreso (Ecuador), Die Presse (Austria), Borsen (Denmark), La Tribune (France), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Finanz Und Wirtschaft (Switzerland), The Guardian (United Kingdom).

"Die Gesetze der Logik" (The Laws of Logic), WirtschaftsWoche, December 9th, 2013, No. 50, p. 47.

"Why Draghi was Wrong to Cut Interest Rates", Financial Times, November 14th, 2013, p. 9.

"Höheres Plateau" (Higher Plateau), WirtschaftsWoche, November 11th, 2013, No. 46, p. 47.

"Die offene Währungsunion" (The Open Monetary Union), Die Zeit, October 31st, 2013, No. 45, p. 33.

"Der bequeme Ausweg" (The Comfortable Way Out), Handelsblatt, October 23rd, 2013, No. 204, p. 48.

"In Praise of Debt Ceilings", (ref. Project Syndicate October 2013), Les Echos (Mali), Caijing Magazine (China), The Korea Herald (Korea, South), KiniBiz (Malaysia), Lianhe Zaobao (Singapore), The Sunday Times (Sri Lanka), Poslovni Dnevnik (Croatia), Vilaggazdasag (Hungary), Project Syndicate Polska (Poland), RealClearPolitics (United States), L'echo (Belgium), Borsen (Denmark), La Tribune (France), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Finanz Und Wirtschaft (Switzerland), L'agefi (Switzerland), Jornal De Negocios (Portugal).

"Schranken für die EZB" (Constraints on the ECB), Handelsblatt, October 1st, 2013, No. 189, p. 48.

"Konstruktionsfehler des Euro-Systems" (Structural Defects in the Eurosystem), Neue Zürcher Zeitung, September 23rd, 2013, No. 220, p. 61.

"Umverteilung des Vermögens" (Redistribution of Wealth), Handelsblatt, September 9th, 2013, No. 173, p. 54.

"Saving Europe’s Real Hegemon", (ref. Project Syndicate August 2013), La Nouvelle Expression (Cameroon), Les Nouvelles (Madagascar), Les Echos (Mali), Caijing Magazine (China), Global Times (China), The Korea Herald (Korea, South), The Edge (Malaysia), Al Jarida (Kuwait), Al Shabiba (Oman), Al Eqtisadiah (Saudi Arabia), Finance (Slovenia), Ekonom (Czech Republic), L'echo (Belgium), La Tribune (France), Handelsblatt (Germany), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Finanz Und Wirtschaft (Switzerland), The Guardian (United Kingdom).

"Ende der Gemeinsamkeit" (End of Communality), WirtschaftsWoche, August 19th, 2013, No. 34, p. 42.

"A Question of Money", The International Economy, Summer 2013, XXVII, No. 3, p. 54.

"It is wrong to portray Germany as the euro winner", Financial Times, July 23rd, 2013, No. 38, 295, p. 9.

"Jetzt hilft nur noch Durchwurschteln" (Muddling Through is the Only Way Forward Now), Focus, July 22nd, 2013, No. 30, p. 32.

"Neue Hackordnung" (A New Pecking Order), WirtschaftsWoche, July 22nd, 2013, No. 30, p. 37.

"Eine historische Entscheidung" (A Historic Decision), Handelsblatt, July 5/6/7th, 2013, No. 127, p. 64.

"Germany’s Case Against the ECB", (ref. Project Syndicate June 2013), Les Nouvelles (Madagascar), Les Echos (Mali), Caijing Magazine (China), Chosun Ilbo Weekly Biz (Korea, South), The Korea Herald (Korea, South), Al Jarida (Kuwait), L'Orient le Jour (Lebanon), Al Eqtisadiah (Saudi Arabia), Finance (Slovenia), L'echo (Belgium), La Tribune (France), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), L'agefi (Switzerland), Finanz Und Wirtschaft (Switzerland), Jornal De Negocios (Portugal), The Guardian (United Kingdom).

"Geld aus dem Zauberhut" (Money out of the Magician’s Haty), WirtschaftsWoche, June 26th, 2013, No. 26, p. 40.

"Die Argumente von George Soros stechen nicht" (Arguments by George Soros Don’t Stand Up), Frankfurter Allgemeine Zeitung, May 8th, 2013, No. 106, p. 10.

"Die Wahrheit über Zypern" (The Truth About Cyprus), WirtschaftsWoche, April 29th, 2013, No. 18, p. 44.

"Spiel mit dem Feuer" (Playing with Fire), Handelsblatt, April 25th, 2013, No. 80, p. 64.

"Should Germany Exit the Euro?", (ref. Project Syndicate April 2013), Les Nouvelles (Madagascar), Les Echos (Mali), Caijing Magazine (China), The Korea Herald (Korea, South), Business Weekly (Taiwan), Poslovni Dnevnik (Croatia), Ekonom (Czech Republic), Vilaggazdasag (Hungary), Baltische Rundschau (Lithuania), Verslo Zinios Online (Lithuania), Weekly NIN (Serbia), Finance (Slovenia), Expreso (Ecuador), Jordan Times (Jordan), L'Orient le Jour (Lebanon), The Daily Star (Lebanon), Times Of Oman (Oman), RealClearPolitics (United States), Die Presse (Austria), The Vienna Review (Austria), L'echo (Belgium), Financial Mirror (Cyprus), Borsen (Denmark), La Tribune (France), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Dagens Naeringsliv (Norway), L'agefi (Switzerland), Finanz Und Wirtschaft (Switzerland), Tagesanzeiger (Switzerland), Jornal De Negocios (Portugal), The Guardian (United Kingdom).

"Wie soll eine Zentralbank ausgestaltet sein?" (How Should a Central Bank Be Designed) (together with Giuseppe Bertola, John Driffill, Harold James, Jan-Egbert Sturm, Akos Valentinyi), www.oekonomenstimme.org, March 7th, 2013.

"Der Euro wird zur Bürde" (The Euro Is Becoming a Burden), Handelsblatt, March 4th, 2013, No. 44, p. 48.

"Vergemeinschaftlichung und Konstitutionalisierung" (Communitarization and Constitutionalisation) (together with Giuseppe Bertola, John Driffill, Harold James, Jan-Egbert Sturm, Akos Valentinyi), www.oekonomenstimme.org, 01. März 2013.

"Europäische Ungleichgewichte" (European Inequalities) (together with Giuseppe Bertola, John Driffill, Harold James, Jan-Egbert Sturm, Akos Valentinyi), www.oekonomenstimme.org, 26. Februar 2013.

"The Collateral Damage of Europe's Rescue", (ref. Project Syndicate February 2013), Les Echos (Mali), Caijing Magazine (China), The Korea Herald (Korea, South), The Edge (Malaysia), Poslovni Dnevnik (Croatia), Wyborcza.Biz (Poland), Weekly NIN (Serbia), Al Shabiba (Oman), Times Of Oman (Oman), De Tijd (Belgium), L'echo (Belgium), Borsen (Denmark), La Tribune (France), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), L'agefi (Switzerland), Finanz Und Wirtschaft (Switzerland), Jornal De Negocios (Portugal).

"Mediterrane Mehrheiten" (Mediterranean Majorities), WirtschaftsWoche, February 4th, 2013, No. 6, p. 38.

"The eurozone´s banking union is deeply flawed" (together with Harald Hau), Financial Times, January 29th, 2013, No. 38, 146, p. 9.

"Europas Schuldenkrise" (Europe’s Debt Crisis), Frankfurter Allgemeine Zeitung (online), January 28th, 2013.

"Die gefährliche Dimension der Bankenunion" (The Dangerous Dimension of the Banking Union) (together with Harald Hau), Frankfurter Allgemeine Zeitung, January 22nd, 2013, No. 18, p. 3.

"Nur eine Atempause" (Just a breather), Handelsblatt, January 15th, 2013, No. 10, p. 48.

"A Second Chance for European Reform", (ref. Project Syndicate December 2012), Les Echos (Mali), Business Day (Nigeria), Caijing Magazine (China), The Korea Herald (Korea, South), Ekonom (Czech Republic), Wyborcza.Biz (Poland), Forbes UA (Ukraine), Times Of Oman (Oman), Eqtisadiah (Saudi Arabia), L'echo (Belgium), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), L'agefi (Switzerland), World Finance (United Kingdom).

"Rettung für den Gläubiger" (Rescuing the creditors), WirtschaftsWoche, December 10th, 2012, No. 50, p. 42.

"Weitere Garantien für Südeuropa" (More State Guarantees for Southern Europe), WirtschaftsWoche, November 12th, 2012, No. 46, p. 42.

"Die Banken kommen davon, der Bürger zahlt" (Banks Get Away With it, the People Pay), Welt am Sonntag, November 11th, 2012, No. 46, p. 11.

"Europe's Path to Disunity", (ref. Project Syndicate October 2012), Les Echos (Mali), Caijing Magazine (China), The Korea Herald (Korea, South), The Straits Times (Singapore), Taipei Times (Taiwan), Poslovni Dnevnik (Croatia), Ekonom (Czech Republic), Vilaggazdasag (Hungary), Warsaw Business Journal (Poland), Wyborcza.Biz (Poland), Finance (Slovenia), Jordan Times (Jordan), Al Jarida (Kuwait), The Daily Star (Lebanon), Al Shabiba (Oman), Al Eqtisadiah (Saudi Arabia), Alrroya Aleqtissadiya (United Arab Emirates), De Tijd (Belgium), European Voice (Belgium), L'echo (Belgium), La Tribune (France), Het Financieele Dagblad (Netherlands), Sydsvenskan (Sweden), L'agefi (Switzerland), Le Temps (Switzerland), The Guardian (United Kingdom).

"Ein Bündnis der Ungleichen" (An Alliance of the Unequal), Handelsblatt, October 8th, 2012, p. 48.

"Schranken für die EZB" (Limits for the ECB), WirtschaftsWoche, September 17th, 2012, No. 38, p. 44.

"Keine weitere Sozialisierung europäischer Schulden" (No Further Socialisation of European Debt), Leibniz Journal 2/2012, September 1st, 2012, p. 17.

"Judgment Day for the Eurozone"  (ref. Project Syndicate August 2012), Les Echos (Mali), Caijing Magazine (China), The Japan Times (Japan), The Korea Herald (Korea, South), Taipei Times (Taiwan), Poslovni Dnevnik (Croatia), Ekonom (Czech Republic), Vilaggazdasag (Hungary), Wyborcza.biz (Poland), Expreso (Ecuador), Jordan Times (Jordan), Al Jarida (Kuwait), L’Orient le Jour (Lebanon), Al Shabiba (Oman), Times Of Oman (Oman), Alrroya Aleqtissadiya (United Arab Emirates), RealClearPolitics (United States), De Tijd (Belgium), L'echo (Belgium), La Tribune (France), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Finanz Und Wirtschaft (Switzerland), L'agefi (Switzerland), The Guardian (United Kingdom).

"Das Euro-System steckt in einer Sackgasse" (The Eurosystem has Reached an Impasse) (together with Friedrich L. Sell), Süddeutsche Zeitung, August 8th, 2012, No. 182, p. 20.

"Our opt-in opt-out solution for the euro" (together with Friedrich Sell), Financial Times, August 1st, 2012, No. 37, 994, p. 9.

"Der neue Euro-Club" (The New Euro Club) (together with Friedrich L. Sell), Süddeutsche Zeitung, July 24th, 2012, No. 169, p. 19.

"Die offene Währungsunion" (The Open Currency Union), WirtschaftsWoche, July 16th, 2012, No. 29, p. 39.

"Eine Antwort auf die Kritiker" (A response to the critics) (together with Walter Krämer), Frankfurter Allgemeine Zeitung, July 10th, 2012, No. 158, p. 11; also published in: www.oekonomenstimme.org.

"The European Banking Union", (ref. Project Syndicate June 2012), Les Echos (Mali), Caijing Magazine (China), China Daily Online (China), The Japan Times (Japan), The Korea Herald (Korea, South), Poslovni Dnevnik (Croatia), Ekonom (Czech Republic), Vilaggazdasag (Hungary), Utrinski Vesnik (Macedonia), Wyborcza.Biz (Poland), Expreso (Ecuador), Al Jarida (Kuwait), Al Eqtisadiah (Saudi Arabia), Alrroya Aleqtissadiya (United Arab Emirates), De Tijd (Belgium), L'echo (Belgium), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Jornal De Negocios (Portugal), Finanz Und Wirtschaft (Switzerland), L'agefi (Switzerland), The Guardian (United Kingdom), The New Economy (United Kingdom).

"Die Dummen sind wir" (We are the Fools), Süddeutsche Zeitung, June 28th, 2012, No. 147, p. 24.

"Den Steuerzahler schonen" (Protect Taxpayers), Handelsblatt, June 15th, 2012, No. 114, p. 67.

"Why Berlin Is Balking on a Bailout", The New York Times, June 13th, 2012, Vol. CLXI No. 55,801, p. A23..

"Alle Augen auf Spanien" (All Eyes on Spain), Handelsblatt, May 14th, 2012, No. 93, p. 64.

"A Crisis in Full Flight", (ref. Project Syndicate April 2012) Les Nouvelles (Madagascar), Les Echos (Mali), Caijing Magazine (China), The Korea Herald (Korea, South), Ekonom (Czech Republic), Vilaggazdasag (Hungary), Wyborcza.Biz (Poland), Expreso (Ecuador), Jordan Times (Jordan), Al Eqtisadiah (Saudi Arabia), Alrroya Aleqtissadiya (United Arab Emirates), De Tijd (Belgium), L'echo (Belgium), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Jornal De Negocios (Portugal), Finanz Und Wirtschaft (Switzerland), L'agefi (Switzerland)..

"Geld im Schaufenster" (Money in the Shop Window), WirtschaftsWoche, April 2nd, 2012, No. 14, p. 38.

"Die Preise senken!" (A Euro Sabbatical), Handelsblatt, March 2nd, 2012, No. 45, p. 80.

"A Euro Sabbatical", (ref. Project Syndicate February 2012), Les Echos (Mali), Cambodia Herald (Cambodia), Caijing Magazine (China), China Daily Online (China),The Korea Herald (Korea, South), The Nation (Thailand), Ekonom (Czech Republic), Vilaggazdasag (Hungary), Wyborcza.Biz (Poland), Finance (Slovenia), Al Jarida (Kuwait), Times Of Oman (Oman), Al Raya (Qatar), Alrroya Aleqtissadiya (United Arab Emirates), Pontransat.Com (Canada),De Tijd (Belgium), L'echo (Belgium), Handelsblatt (Germany), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Jornal De Negocios (Portugal), Expansion (Spain), L'agefi (Switzerland).

"Two Models for Europe", (ref. Project Syndicate December 2011), Les Echos (Mali), The New Times (Rwanda), The Korea Herald (Korea, South), Aripaev (Estonia), Vilaggazdasag (Hungary), Wyborcza.Biz (Poland), Tyzden (Slovakia), Pagina Siete (Bolivia), The News (Mexico), Jordan Times (Jordan), Al Eqtisadiah (Saudi Arabia), Alrroya Aleqtissadiya (United Arab Emirates), Business Insider (United States), Die Presse (Austria), Taloussanomat (Finland), Het Financieele Dagblad (Netherlands), Jornal De Negocios (Portugal), L'agefi (Switzerland).

"Sollen wir den Euro aufgeben?" (Should we Abandon the Euro?), Spiegel online, December 5th, 2011.

"The Trouble with Eurobonds", (ref. Project Syndicate September 2011), Les Echos (Mali), The New Times (Rwanda), Caijing Magazine (China), China Daily (China), Jakarta Post (Indonesia), The Korea Herald (Korea, South), Business Weekly (Taiwan), Taipei Times (Taiwan), Poslovni Dnevnik (Croatia), Vilaggazdasag (Hungary), Wyborcza.Biz (Poland), Tyzden (Slovakia), El Cronista (Argentina), The Guatemala Times (Guatemala), Jordan Times (Jordan), Al Jarida (Kuwait), Al Qabas (Kuwait), Al Raya (Qatar), Alrroya Aleqtissadiya (United Arab Emirates), Business Insider (United States), De Tijd (Belgium), L'echo (Belgium),Handelsblatt (Germany), Il Sole - 24 Ore (Italy), Het Financieele Dagblad (Netherlands), Expansion (Spain), Sydsvenskan (Sweden), Finanz Und Wirtschaft (Switzerland), L'agefi (Switzerland), European Ceo (United Kingdom).

"EZB und Rettungsfonds dürfen keine Staatsanleihen kaufen" (The ECB and the Rescue Fund should not buy government bonds), Handelsblatt, September 16th, 2011, No. 180, p. 8.

"Kein Erpressungspotenzial" (No Blackmail Potential), Handelsblatt, September 12th, 2011, No. 176, p. 11

"Der Ausweg aus der Krise" (The Way Out of the Crisis), WirtschaftsWoche, September 5th, 2011, No. 36, p. 48.

"Die süße Droge Euro-Bonds" (The Sweet Drug of Eurobonds), Handelsblatt, August 22nd, 2011, No. 161, p. 56.

"Politisches Tschernobyl" (Political Chernobyl), WirtschaftsWoche, August 8th, 2011, No. 32, p. 37.

"Der Schulden-Tsunami" (The Debt Tsunami), WirtschaftsWoche, May 16th, 2011, No. 20, p. 48.

"Why Europe Needs Automatic Haircuts", (ref. Project Syndicate February 2011), Les Echos (Mali), The New Times (Rwanda), Caijing Magazine (China), China Daily (China), The Korea Herald (Korea, South), Wyborcza.Biz (Poland), Al Shabiba (Oman), Al Raya (Qatar), Al Eqtisadiah (Saudi Arabia), De Tijd (Belgium), L'echo (Belgium), Börsen Zeitung (Germany), Il Sole - 24 Ore (Italy), Jornal De Negocios (Portugal), L'agefi (Switzerland), World Finance (United Kingdom), Turkish Weekly (Turkey).

"Falsche Zahlen, neue Semantik" (False Numbers, New Semantics), WirtschaftsWoche, January 24th, 2011, No. 4, p. 38.

"Europe’s Instability Mechanism", (ref. Project Syndicate December 2010), Les Nouvelles (Madagascar), Les Echos (Mali), The Australian Financial Review (Australia), Caijing Magazine (China), China Daily (China), The Japan Times (Japan), The Korea Herald (Korea, South), The Edge (Malaysia), Business World (Philippines), Taipei Times (Taiwan), Aripaev (Estonia), Wyborcza.Biz (Poland), Tyzden (Slovakia), Finance (Slovenia), The Guatemala Times (Guatemala), Al-Sabah Al-Jadeed (Iraq), Jordan Times (Jordan), Al Jarida (Kuwait), Al Eqtisadiah (Saudi Arabia), La Tribune (France), Boersen Zeitung (Germany), Jornal De Negocios (Portugal), Expansion (Spain), L'agefi (Switzerland).

"Deutschland und die Euro-Krise" (Germany and the Euro Crisis), Wirtschaftsbeirat Bayern, December 1st, 2010, No. 12/2010, p. 1-3.

"Irland kann sich selbst helfen" (Ireland Can Help Itself), Handelsblatt, November 29th, 2010, No. 231, p. 56.

"Krisenmechanismus für die Euro-Zone" (Crisis Mechanism for the Euro Zone), WirtschaftsWoche, November 22nd, 2010, No. 47, p. 51.

"Is Germany the Euro's Big Winner?"The Wall Street Journal online, October 28th, 2010.

"Wer vom Euro profitiert" (Who Benefits from the Euro), Süddeutsche Zeitung, October 27th, 2010, No. 249, p. 18.

"Gazelles and Turtles", (ref. Project Syndicate August 2010), The New Times (Rwanda), Caijing Magazine (China), China Daily (China), The Japan Times (Japan), The Korea Herald (Korea, South), Business World (Philippines), Lianhe Zaobao (Singapore), Poslovni Dnevnik (Croatia), Aripaev (Estonia), Vilaggazdasag (Hungary), Vijesti (Montenegro), Gazeta Wyborcza (Poland), Tyzden (Slovakia), Finance (Slovenia), Al-Sabah Al-Jadeed (Iraq), Jordan Times (Jordan), Al Jarida (Kuwait), Al Eqtisadiah (Saudi Arabia), Victoria Advocate (United States), Die Presse (Austria), Börsen Zeitung (Germany), Il Sole - 24 Ore (Italy), Jornal De Negocios (Portugal), L'Agefi (Switzerland).

"Zehn Regeln zur Rettung des Euro" (Ten Rules on How to Save the Euro) (together with Clemens Fuest, Wolfgang Franz and Martin Hellwig), Frankfurter Allgemeine Zeitung, 18. Juni 2010, Nr. 138, S. 10.

"Nachweisbare Wirkung" (Verifiable Effects), WirtschaftsWoche, June 7th, 2010, No. 23, p. 39.

"Reining In Europe’s Debtor Nations", (ref. Project Syndicate April 2010), Les Echos (Mali), The New Times (Rwanda), The Japan Times (Japan), The Korea Herald (Korea, South), Business World (Philippines), Lianhe Zaobao (Singapore), The Nation (Thailand), L'echo (Belgium), Taloussanomat (Finland), Boersen Zeitung (Germany), Vilaggazdasag (Hungary), Jornal De Negocios (Portugal), Tyzden (Slovakia), Finance (Slovenia), L'agefi (Switzerland), O Estado De Sao Paulo (Brazil), Jordan Times (Jordan), Al Watan Daily (Kuwait), Alrroya Aleqtissadiya (United Arab Emirates).

"How to Save the Euro"The Wall Street Journal, April 20th, 2010, No. 55, p. 12.

"Neuer Pakt für Europa" (A New Pact for Europe), WirtschaftsWoche, April 12th, 2010, No. 15, p. 43, reprinted in: Christoph Schalast, Jörg Keibel (eds.), NPL Jahrbuch 2010/2011 – Finanz- und Staatsschuldenkrise, Markt und Vertragsstandards, Banking & Finance Vol. 43, Frankfurt School Verlag, 2011, p. 15-17).

Newspaper Interviews and Discussions (since 2002)

“Diese Politik ist extrem gefährlich” (This Policy Is Extremely Dangerous), Abendzeitung München, February 12th, 2016, p. 11.

“Die Integration der Flüchtlinge wird teuer” (Integrating the Refugees Will be Expensive), Der Tagesspiegel, January 4th, 2016, p. 13.

ifo-Chef Sinn: “Es kann kein vereinigtes Europa geben mit 28 separaten Armeen” (There Can Be No United Europe with 28 Separate Armies), focus.de, December 27th, 2015.

“Der Schaden ist gewaltig” (The Damage is Huge), Frankfurter Rundschau, October 24th, 2015, p. 14.

"Wir müssen über den Erlass von Schulden reden" (We Need to Talk About Debt Forgiveness), VDI Nachrichten, February 6th, 2015, No. 6, p. 2.

"Die Schweiz kann nur mitmachen" (Switzerland Can Only Join In), Weltwoche, January 29th, 2015, No. 5, pp. 20-21.

"Europe should follow Irish example on austerity, says economist", RTE, January 23rd, 2015.

"Staatsschulden werden zu Eurobonds" (Goverment Debt Is Becoming Eurobonds), Münchner Merkur, January 23rd, 2015, p. 5.

"Ich bin heute noch ein Weltverbesserer" (I Am Still Trying To Improve the World), Handelsblatt, January 16th, 2015, pp. 58–59.

"Risiko auf die Steuerzahler abgewälzt" (Risks Passed on to Taxpayers), Kurier, January 16th, 2015, p. 10.

"Der Euro ist ein Gefängnis" (The Euro Is a Prison), Weltwoche, December 2014, No. 51/52 2014, p. 58-62.

"Sinn vs Sinn: Kommt die Wirtschaftskrise? Ist der Euro noch zu retten? Ein Disput zwischen Walter Sinn von Bain & Company und Hans-Werner Sinn vom ifo Institut" (Sinn vs Sinn: Is an Economic Crisis Round the Corner? Can the Euro Still Be Saved? A Debate Between Walter Sinn of Bain & Company and Hans-Werner Sinn of the Ifo Institute), Bilanz, December 2014, p. 58-62.

"300 Milliarden Euro Verluste der Deutschen durch Niedrigzinsen" (Germans Lose 300 Billion Euros Thanks to Low Interest Rates), Frankfurter Allgemeine Zeitung, December 5th, 2014, p. 23. Also published as:  "300 Milliarden Euro Verluste der Deutschen durch Niedrigzinsen'' (Germans Lose 300 Billion Euros Thanks to Low Interest Rates), www.faz.de, December 4th, 2014.

"Die Anleger sind viel zu sorglos" (Investors Are Far Too Carefree), Private Wealth 4/2014, December 1st, 2014.

"Die Eurokrise schwelt unter dem Teppich" (The Euro Crisis Smoulders On), Eßlinger Zeitung, October 16th, 2014, p. 23.

"Ich befürchte Siechtum in Europa" (I Fear a Long Illness in Europe), Rheinische Post, October 16th, 2014.

"Hans-Werner Sinn: Der Finanzminister muss eisern bleiben" (Finance Minister Must Stick To His Guns), wsj.de, October 8th, 2014.

"EZB darf Wechselkurse nicht manipulieren" (ECB Should Not Manipulate Exchange Rates), Welt online, September 14th, 2014.

"Steuerzahler werden haften" (Taxpayers will be Liable), Focus, September 1st, 2014, p. 80.

"Sinn: Die EZB hat ihr Pulver längst verschossen" (Sinn: The ECB Has Long Since Used all its Ammunition), Wall Street Journal, August 29th, 2014.

"Ifo-Präsident Sinn sieht keine Immobilienblase in Deutschland" (Ifo President Sinn Sees No Real-Estate Bubble in Germany), Bloomberg, July 7th, 2014.

"Unerträglich für Europas Stabilität" (Unbearable for Europe's Stability), Handelsblatt, June 24th, 2014, No. 118, p. 28.

"Der Steuerzahler kann sich nicht wehren" (Taxpayers Cannot Fight Back), www.zeit.de, June 18th, 2014.

"Bleibt Deutschland auf Kurs?" (Is Germany Still on Track?) (together with Marcel Fratzscher), WirtschaftsWoche, April 19th, 2014, No. 17, pp. 24-28.

"Die Eurozone ist nicht aus dem Schneider" (The Eurozone Is Not Out of the Woods) (together with Moritz Schularick and Daniela Schwarzer), www.dw.de, April 14th, 2014, p. 24.

"Europa «Die Krise schwelt unter dem Teppich»" (Europe "The Crisis Simmers On Below the Surface"), beobachter.ch, April 4th, 2014.

"Es endet mit einem großen Knall oder der Transferunion" (It Will End with a Big Bang or a Transfer Union), Euro, March 19th, 2014, No. 04/2014, pp. 31-34.

"Klatsche für die Regierung" (Government Gets a Hammering), Frankfurter Allgemeine Zeitung, February 8th, 2014, No. 33, p. 9.

"Niedrige EZB-Zinsen sind des Sparers Leid" (Low ECB Interest Rates Are Making Savers Suffer), netzwerk, January 1st, 2014, No. 1, p. 26-27.

"Arm und unglücklich" (Poor and Unhappy), Mitteldeutsche Zeitung, December 18th, 2013, p. 19.

"Stich ins Herz" (A Major Blow) (together with Marcel Fratzscher), Der Spiegel, 18. November 18th, 2013, No. 47, p. 74-76.

"Es ist ungesund" (It is unhealthy), Die Zeit, November 14th, 2013, No. 47, p. 32.

"US-Schuldenlösung könnte teuflisch sein" (US debt solution could be devilish), derStandard.at, October 11th, 2013.

"Wir sind in einer Megakrise" (We Are in a Mega Crisis), Deutschlandfunk, August 7th, 2013.

"Es wird knirschen im Gebälk" (The Beams Will Creak), Die Welt, July 18th, 2013, No. 165, p. 12.

"Cameron is right over EU restructuring, says German economist", WalesOnline, June 19th, 2013.

"Is the EMU sustainable in its current form?", Goldman Sachs - Economics, Commodities and Strategy Research, May 16th, 2013, No. 2, p. 8.

"Euro exit could benefit Germany says Hans-Werner Sinn", Irish Times online, May 7th, 2013.

"Eine Fee löst das Euro-Desaster" (A Fairy Triggers the Euro Disaster), Die Welt, May 6th, 2013, No. 104, p. 10.

"Es lohnt sich, den Euro zu verteidigen" (It is Worth Defending the Euro), Frankfurter Allgemeine Sonntagszeitung, April 28th, 2013, No. 17, p. 23.

"Sinn spendet Lob für Euro-Gruppe" (Sinn Praises Euro Group), Die Presse, March 30th, 2013, p. 7.

"Glauben Sie im Ernst, der Staat wüsste es besser?" (Do You Seriously Believe that the State knows Best? ), a debate between Sahra Wagenknecht and Hans-Werner Sinn, Das Handelsblatt, February 15th/16th/17th, 2013, No. 33, p. 56.

"Sinn: Steuerbürger entschärft Eurokrise" (Sinn: Taxpayers Take Sting Out of Euro Crisis), Deutsche Welle, January 15th, 2013.

"Die Krise als Bewährungsprobe" (The Crisis as an Acid Test), Focus-Online, December 21st, 2012.

"Deutschland muss nur Nein sagen" (Germany Just Has to Say "No"), Handelsblatt, December 13th, 2012, No. 242, p. 8.

"Interview mit Prof. Sinn" (Interview with Prof. Sinn), Frankfurter Rundschau, November 24/25th, 2012, volumne 68, p. 15.

"Sie können die Statik nicht ignorieren" (You Cannot Ignore Statics), Einsichten - das Forschungsmagazin,  November 23rd, 2012, No. 2, p. 16.

"Der Euro ist noch zu retten" (The Euro Can Still Be Saved), Augsburger Allgemeine Zeitung, November 22nd, 2012, p. 8.

"In einer Sackgasse" (At a Dead-End), Spiegel, November 19th, 2012, No. 47, p. 96.

"Wir verlieren Zeit" (We are Losing Time), Süddeutsche Zeitung, November 2nd, 2012, p. 20.

"Mit Sinn & Verstand" (With Good Sense & Understanding), N8, November 1st, 2012, pp. 78-84.

In Europa droht ökonomisches Chaos”, Süddeutsche Zeitung, October 20th, 2012, p. 28.

"Die Kanzlerin kauft sich Zeit" (The Chancellor Is Buying Herself Time), Passauer Neue Presse, October 9th, 2012, No. 233, p. 4.

"Euro soll dauerhaft bestehen" (The Euro Should Survive in the Long-Term), Allgemeine Zeitung, October 9th, 2012, p. 2.

"Man will an das deutsche Geld" (They Want to Get Their Hands on Germany’s Money), Tagespost, July 14th, 2012, No. 84, p. 7.

"Ich weiss, wovon ich rede" (I Know What I’m Talking About), HandelsZeitung, July 12th, 2012, No. 28, p. 12.

"The wages of Sinn", IPE Magazine online, July 3rd, 2012.

"Inevitable austerity", arcVision, July 1st, 2012.

"Bringt der Euro Vorteile? | Wie viele Krisen kann Europa noch verkraften?" (Does the Euro Have Benefits? | How Many More Crises Can Europe Cope With?), Focus Money, June 20th, 2012, No. 26, p. 28.

"Deutschland soll dem Druck nicht nachgeben" (Germany Should Not Give Way Under Pressure), Deutsche Welle online, June 16th, 2012.

"Anleger missbrauchen uns als Schrottabladeplatz" (Investors are Taking Advantage of Us as a Dumping Ground), Welt online, June 16th, 2012.

"Ohne Wettbewerbsfähigkeit zerbricht der Euro" (Without Competitiveness the Euro will Fall Apart), Finanz und Wirtschaft, June 13th, 2012, No. 47, p. 20.

"Renoviert das Bad, und werdet mündige Bürger!" (Renovate Your Bathroom and Become a Responsible Citizen! ), Frankfurter Allgemeine Zeitung, June 13th, 2012, No. 135, p. 31.

"Sparen und Wachsen: das Dilemma der Staatschefs" (Austerity and Growth: the Head of State's Dilemma), Neue Züricher Zeitung, June 6th, 2012, p. 5.

"Gaining currency - fatal-flaw theories about the euro zone", The National, May 24th, 2012.

"Eine Billion könnte weg sein" (A billion could be gone), Rheinische Post, May 17th, 2012, No. 115, p. 9.

"Sinn: Geldgeschenke zerstören die Wettbewerbsfähigkeit" (Sinn: Cash Gifts Destroy Competitiveness), EurActiv.de, April 20th, 2012.

"Sinn: „Deutschland wird gezwungen, sein Sparkapital in die Südländer zu investieren" (Sinn: “Germany will be forced to invest its savings in the Southern countries"), Deutsche Mittelstands Nachrichten online, March 24th, 2012.

"Warum bezahlt die Schweiz nicht?" (Why isn’t Switzerland Paying?), 20minuten.ch, March 9th, 2012.

"Man wollte auf die Warner gar nicht hören!" (Nobody Wanted to Listen to the Critics!), Die Zeit, February 16th, 2012, No. 7, p. 26.

"Euro in Gefahr - EU favorisiert Aufweichung" (Euro in Danger - EU Softens its Stance), Netzwerk, February 1st, 2012, No. 2/12, p. 26.

"Unser Geld ist sicher – vorläufig" (Our money is safe – for now), Münchner Merkur, December 30th, 2011, No. 301, p. 2.

"Den Schulden-Sozialismus verhindern" (Preventing Debt-Socialism), Südwest Presse, November 19th, 2011, p. 9.

"Die Krise geht für Steuerzahler jetzt erst los" (This is Just the Start of the Taxpayers' Crisis), Die Welt, October 29th, 2011, p. 10.

"China macht Europa abhängig" (China Makes Europe Dependent), Münchner Merkur, October 28th, 2011, No. 250, p. 2.

"Es muss Schluss sein" (This has got to stop!), Die Welt, September 15th, 2011, No. 222, p. 10.

"Europa steckt in der Liquiditätsfalle" (Europe is facing a liquidity trap), Finanz und Wirtschaft, September 10th, 2011, No. 72, p. 25.

"Die Axt am Euro" (The Axe on the Euro), Der Spiegel, August 22nd, 2011, No. 34, p. 69.

"Noch sehr viel Geld nötig" (Very Much Money is still Needed), Südkurier, July 25th, 2011, No. 169, p. 6.

"Das ist der Weg ins Verderben" (This is the Road to Ruin), Frankfurter Allgemeine Sonntagszeitung, July 24th, 2011, p. 27.

"Wenn ein Land ein anderes rettet, wird es mit in den Strudel hineingezogen" (When one Country Helps Another it is Drawn into the Vortex), Dradio.de, June 14th, 2011.

"Merkels Pakt ist schlechter Deal" (Merkel’s Pact is a Bad Deal), Rheinische Post, March 10th, 2011, No. 58, p. 1.

"Banken müssen mitzahlen", Kurier, March 5th, 2011, p. 9–10.

"Weidmann ist ein ausgezeichneter Mann" (Weidmann is an Excellent Man), Focus online, February 16th, 2011.

"Deutschland hat unter dem Euro extrem gelitten" (Germany Suffered Substantially from the Euro), Der Standard, December 31st, 2010, No. 307, p. 15.

"Bitte keine Geschenke, Frau Merkel!" (Please, No Presents, Frau Merkel), Münchner Merkur, December 15th, 2010, No. 290, p. 2.

"Wieder die gleichen Fehler" (The Same Mistakes All Over), Handelsblatt, December 10th, 2010, No. 240, p. 14.

"Die Banken nehmen uns in Geiselhaft" (The Banks have Taken us Hostage), Die Welt online, November 26th, 2010.

"Gewinner der Krise" (Winner of the Crisis), Manager Magazin, June 25th, 2010, No. 7/2010, p. 92.

"Europa ist auf einem gefährlichen Weg" (Europe is on a Dangerous Course), Berner Zeitung online, June 7th, 2010.

"Genau der richtige Zeitpunkt, mit dem Sparen zu beginnen" (Precisely the Right Moment to Start Saving), wirtschaftsblatt.at, June 6th, 2010.

"Die Politiker belohnen die Schulden-Sünder in Europa" (Politicians Reward Notorious Debtors in Europe ), Handelsblatt, May 25th, 2010, No. 98, p. 5.

"Ich halte den Euro für stabil" (I Consider the Euro to be Stable), Neue Zürcher Zeitung, May 23rd, 2010, No. 116, p. 12.

"Wir stürzen uns in ein unkalkulierbares Abenteuer" (We are Rushing into an Unforeseeable Adventure), Süddeutsche Zeitung, May 14th, 2010, No. 109, p. 19.

"Politik hat die Krise verschuldet" (Policy is to Blame For The Crisis), Rheinische Post online, May 11th, 2010.

"Deutscher Steuerzahler rettet Frankreichs Banken" (The German Taxpayer Saves France’s Banks), Passauer Neue Presse, April 27th, 2010, No. 86, p. 2.

"Das zwingt uns in die Knie" (That Brings Us to Our Knees), Spiegel online, April 26th, 2010.

"Hans-Werner Sinn: Wir sehen unser Geld nicht wieder" (We Won’t See Our Money Again), Bild.de, April 24th, 2010.

"Schuldenbegrenzung nicht ernst genommen" (Debt Limitations Not Taken Seriously), Berliner Zeitung, March 29th, 2010, No. 75, p. 12.

"Professor Sinn, wie sicher ist der Euro?" (Professor Sinn, How Safe is The Euro?), Rheinische Post, March 27th, 2010, No. 73, p. 1.

"Empfehle den Abschied vom Euro" (I Recommend Saying Goodbye to the Euro), Kurier, March 11th, 2010, No. 70, p. 9.

Bogenberg Declaration

The situation of European monetary union was the main focus of a strategy meeting held by the Friends of the Ifo Institute and Ifo’s Executive Board on 15 October 2011 in Bogenberg, Obertaufkirchen. Concern for Germany and Europe voiced at this meeting led both parties to draft the Bogenberg Declaration, a list of statement aimed at preventing Germany from accepting excessive liability for the bailout packages provided by the community of states and the undermining of market processes caused by such packages. ...read more

Presentations

Interview with Hans-Werner Sinn, November 11th, 2014, English | Video

Book presentation “The Euro Trap. On Bursting Bubbles, Budgets, and Beliefs” by Hans-Werner Sinn, 11.11.2014, English | Video

Book presentation “The Euro Trap. On Bursting Bubbles, Budgets, and Beliefs” by Hans-Werner Sinn, Munich Seminar, October 20th, 2014, German | Video

Press conference with Jürgen Stark and Hans-Werner Sinn, October 8th, 2014, German | Video

Ifo Viewpoints

Ifo Viewpoint No. 164: Europe’s Easy-Money Endgame, Mar 31, 2015.

Ifo Viewpoint No. 163: Why the Taxpayer is on the Hook, Mar 18, 2015.

Ifo Viewpoint No. 162: Europe’s Shadow Budget, Feb 20, 2015.

Ifo Viewpoint No. 161: The Case for Capital Controls, Feb 19, 2015.

Ifo Viewpoint No. 160: Europe’s Brush with Debt, Oct 29, 2014.

Ifo Viewpoint No. 157: Quantitative Teasing, May 12, 2014.

Ifo Viewpoint No. 156: Europe’s Next Moral Hazard, May 6, 2014.

Ifo Viewpoint No. 152: World Champion Capital Exporter, Mar 12, 2014.

Ifo Viewpoint No. 153: Outright Monetary Infractions, Feb 11, 2014.

Ifo Viewpoint No. 151: A Rescuing Europe from the Ground Up, Jan 21, 2014.

Ifo Viewpoint No. 150: Two Perspectives on the Euro Crisis, Oct 17, 2013.

Ifo Viewpoint No. 149: A Question of Money, Oct 16, 2013.

Ifo Viewpoint No. 148: Germany’s Case Against the ECB, Jul 5, 2013.

Ifo Viewpoint No. 147: Should Germany Exit the Euro?, May 14, 2013.

Ifo Viewpoint No. 144: The Collateral Damage of Europe's Rescue, Mar 5, 2013.

Ifo Viewpoint No. 143: The eurozone’s banking union is deeply flawed, Feb 15, 2013.

Ifo Viewpoint No. 142: Cameron and the question of Europe, Feb 5, 2013.

Ifo Viewpoint No. 141: A Second Chance for European Reform, Jan 16, 2013.

Ifo Viewpoint No. 140: Guarantees for Europe's Ailing Banks, Dec 3, 2012.

Ifo Viewpoint No. 138: Alliance of the Unequal, Oct 31, 2012.

Ifo Viewpoint No. 137: An Open Currency Union, Jul 30, 2012.

Ifo Viewpoint No. 136: The European Banking Union?, Jul 3, 2012.

Ifo Viewpoint No. 134: A Crisis in Full Flight, May 18, 2012.

Ifo Viewpoint No. 133: A Euro Sabbatical, Mar 16, 2012.

Ifo Viewpoint No. 128: The Way Out of the Crisis, Sep 23, 2011.

Ifo Viewpoint No. 127: The Trouble with Eurobonds, Sep 22, 2011.

Ifo Viewpoint No. 126: The European Balance of Payments Crisis, Jul 29, 2011.

Ifo Viewpoint No. 124: The ECB Must Change its Policy, Jul 8, 2011.

Ifo Viewpoint No. 122: Deep Chasms, Mar 29, 2011.

Ifo Viewpoint No. 121: Why the Rescue Fund is Large Enough, Feb 16, 2011.

Ifo Viewpoint No. 120: Has Germany Profited from the Euro?, Nov 4, 2010.

Ifo Viewpoint No. 116: What Euro Crisis, Jul 6, 2010.

Ifo Viewpoint No. 115: Reallocation of Savings in Europe, Jun 22, 2010.

Ifo Viewpoint No. 113: How to Save the Euro, Apr 29, 2010.