Carlo Bastasin
Italian journalist Carlo Bastasin, who did his PhD on international monetary theory, worked as a correspondent for Il Sole 24 Ore in Berlin and Frankfurt from 1989 to 1999. After a stint as deputy editor-in-chief at La Stampa, he rejoined Il Sole as a leading editorialist. He is the author of Destra e sinitstra – politiche chiuse, economia aperta (Right and Left: Closed Politics, Open Economy), Università Bocconi, 2007.
Updated: 3 September 2010
After a “golden age” of coordinated reaction to the bank crisis, European and US economic policies are diverging again. And this dearth of policy coordination is threatening the stability of the recovery. The EU-US summit in Lisbon on 20 November will be a chance to re-establish a transatlantic entente – an opportunity that had better not be passed up. 
US political scientist Charles Kupchan’s pronouncement of the death of the EU has caused quite a stir in Europe. The handling of the euro crisis shows, however, that, despite all the recent trials and tribulations, EU integration is still forging ahead, argues Il Sole 24 Ore.