SPIEGEL ONLINE
- May 24, 2013
The pain of the sequester has been bearable thus far, but that will soon change. This summer, thousands of Americans will suffer due to cuts triggered by the entrenched budgetary battle in Washington -- and the damage could last for generations. By Sebastian Fischer and Sandra Sperber (video) in Washington more... [ Video | Forum ]
SPIEGEL ONLINE
- May 23, 2013
Antonis Manitakis has the most thankless job in Greece. Tasked with slashing the grotesquely bloated public sector, he is hounded by troika officials, reviled by his countrymen and afraid of cutting too deep. By Manfred Ertel more... [ Forum ]
SPIEGEL ONLINE
- April 30, 2013
European Parliament President Martin Schulz shielded German Chancellor Angela Merkel from French criticism on Monday evening, saying she couldn't be held responsible for all the bloc's economic woes because 26 other leaders are also involved in decision-making. more...
SPIEGEL ONLINE
- April 29, 2013
Wages in Germany must increase and the government should establish a nationwide minimum wage, says EU Social Affairs Commissioner László Andor. In an interview with a German daily, he calls for a radical change in policy in the euro crisis and argues for a shift away from the country's export model. more... [ Forum ]
SPIEGEL ONLINE
- April 26, 2013
The Baltic countries have already moved on from their debt crisis, and are exhibiting healthy growth. In an interview with SPIEGEL ONLINE, Lithuania's President Dalia Grybauskaite explains that austerity is merely a question of political will -- and why her country wants to join the euro zone despite the crisis. more... [ Forum ]
SPIEGEL ONLINE
- April 24, 2013
European Commission President Barroso has mostly stayed in the background in the euro crisis, but his assertion this week that austerity has "reached its limits" caused quite a stir. It was an unusually opinionated statement -- and one that came after the Portuguese official's national pride was questioned. By David Böcking more... [ Forum ]
SPIEGEL ONLINE
- April 23, 2013
European Commission President José Manuel Barroso has said that Europe has reached the political limits of its austerity measures, suggesting that crisis countries should get more time to consolidate their budgets. But Germany warned against changing course on Tuesday. more... [ Forum ]
SPIEGEL ONLINE
- April 11, 2013
Chancellor Angela Merkel has tenaciously insisted that austerity is the only way out of the crisis for ailing EU countries. She doesn't practice what she preaches in Germany, though, which makes growing anger toward her understandable. A Commentary by Christoph Schwennicke more... [ Forum ]
SPIEGEL ONLINE
- April 11, 2013
Germany's push for austerity during the ongoing euro crisis has prompted Nazi depictions of Chancellor Angela Merkel in many parts of Southern Europe. SPIEGEL speaks with Cambridge University historian Brendan Simms about the "German question" and persistent hatred toward the country. more... [ Forum ]
SPIEGEL ONLINE
- April 09, 2013
The visit of US Treasury Secretary Jacob Lew to Europe this week has highlighted the deep trans-Atlantic divide over Brussels' austerity-driven response to the euro crisis. Washington would like to see measures to stimulate growth. But none are likely to be forthcoming. more... [ Forum ]