SPIEGEL ONLINE
- May 28, 2013
The oft-cited statistic that half of young Spaniards are unemployed is wrong. In reality, about one-fifth of those under 25 are looking for work. Nevertheless, outreach programs created by Germany focus on young people alone, though critics say other groups desperately need help too. By Alexander Demling more... [ Comment ]
SPIEGEL ONLINE
- May 27, 2013
With the euro crisis refusing to relent, the German government is backing away from its austerity mandates and planning to spend billions to stimulate ailing economies in Southern European. But can the program succeed? By Sven Böll and Christian Reiermann more... [ Comment ]
SPIEGEL ONLINE
- May 23, 2013
Companies in Germany that rely on exports are becoming increasingly concerned about the future of the country's economy, according to a new industry survey. The downturn in optimism is yet another indication that Europe may be in for a period of extended stagnation. more... [ Comment ]
SPIEGEL ONLINE
- May 23, 2013
German Chancellor Angela Merkel has been a favorite target of hatred in recent months as the euro crisis continues to make life difficult for Southern Europeans. But a new BBC poll has found that most people actually have a positive view of Germany. more... [ Comment ]
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... [ Comment ]
SPIEGEL ONLINE
- May 17, 2013
A recent inquiry suggests that Cyprus isn't doing enough to combat money laundering, a precondition for obtaining a bailout package. The banks know little about their customers and are ill-equipped to identify suspicious transactions. more... [ Comment ]
SPIEGEL ONLINE
- May 17, 2013
Despite the country's crippling financial crisis, residents of the Greek island of Ithaca have found new hope after the Emir of Qatar bought a nearby island for his summer retreat. The purchase has sparked a rush on local real estate and could bring new development. By Manfred Ertel more... [ Comment ]
SPIEGEL ONLINE
- May 17, 2013
As a further sign that all is not well in the Franco-German motor of Europe, the two countries will not issue a joint statement ahead of the next EU summit as Berlin had hoped. The development comes as France slips further into economic malaise. more... [ Comment ]
SPIEGEL ONLINE
- May 16, 2013
The European common currency zone has now been in recession for six straight quarters, with three of the bloc's four largest economies now suffering persistent negative growth. Could the Continent's pursuit of austerity be backfiring? German commentators believe the answer is yes. more... [ Comment ]
SPIEGEL ONLINE
- May 15, 2013
Youth unemployment in Spain is enormously high, yet some companies in Germany can't find the skilled labor they need. Now, a program in Bavaria is trying to kill two birds with one stone. It has been overwhelmed with applications and the first Spanish newcomers have begun arriving. By Andrew Bowen in Munich, Germany more... [ Comment ]
SPIEGEL ONLINE
- May 15, 2013
European leaders had hoped to quickly finalize plans for an EU banking union to regulate bank bailouts and provide a roadmap for unwinding insolvent financial institutions. But with the German election looming, Berlin is wary of moving forward. The result could be a lengthy delay. By Carsten Volkery more... [ Comment ]
