Filip Hron, Negotiation Consultant, Lecturer and Author (INSEAD MBA)

Crises are high-risk situations that benefit from a low-risk approach.

As Europe’s economy continues to slide, the majority of member countries are seeking a more flexible interpretation of the stability pact. So, what’s behind Germany’s stubborn reluctance to give up its obsession with austerity?

The undisputed success of capitalism doesn’t mean we shouldn’t be looking at alternatives to the current model, especially in light of widening inequality.