A 500 Mark note printed during the Weimar Republic.

The European Central Bank faces another moment of truth as its governors debate whether to buy up the sovereign bonds of euro zone countries to avert (...)

A graffiti entitled ‘Money kills Morals’ adorns the construction site fence at the new headquarters of the European Central Bank in Frankfurt Main. EPA/BORIS ROESSLER

Europe’s banking union will be unable to cope with systemic crises in the euro zone, a senior German economist has warned, unless the winding-up of f(...)