SPIEGEL ONLINE
- May 02, 2013
For years, economists have posited that prosperity requires growth, with environmental damage as the regrettable but unavoidable consequence. A growing number of critics are now challenging this equation, though, calling for a radical revamping of the economic system. By Nils Klawitter more... [ Forum ]
SPIEGEL ONLINE
- April 10, 2013
In a SPIEGEL interview, Harvard economist Carmen Reinhart argues governments are incapable of reducing their debts and that central banks are now stepping up to resolve the crisis themselves. In the end, she argues, everyday savers will pay the price. more... [ Forum ]
SPIEGEL ONLINE
- April 02, 2013
Cypriots are paying a high price for the collapse of their banking system. A leading lawyer, a real estate broker and a bar owner have already begun the process of searching for a future -- for themselves, their companies and their country. By Ralf Hoppe more... [ Forum ]
SPIEGEL ONLINE
- March 11, 2013
Needy families and individuals in the European Union are becoming increasingly reliant on charity organizations like the Red Cross for basic needs like food, water and shelter. While Germany is relatively unaffected, unemployment and austerity in countries like Spain are making the problem even more severe. more...
SPIEGEL ONLINE
- March 04, 2013
Swiss voters have overwhelmingly approved strict controls on executive pay, a result praised by German politicians. Editorialists hope it will pave the way for new anti-greed legislation across Europe. more... [ Forum ]
SPIEGEL ONLINE
- March 01, 2013
The European Parliament moved this week to cap banker bonuses. But the plan faces stiff resistance in Britain, Europe's financial capital, and even German commentators question whether it will stop banking excesses. more... [ Forum ]
SPIEGEL ONLINE
- February 28, 2013
In a bid to address widespread public outrage over greed in the financial sector, European officials have agreed to legislation capping bankers' bonuses at a maximum of a year's salary. Great Britain fought to prevent the measure, but failed to rally enough support. more... [ Forum ]
SPIEGEL ONLINE
- January 03, 2013
The eyes of the financial world are on Greece and other heavily indebted euro-zone countries. But Japan is in even worse shape. The country's debt load is immense and growing, to the point that a quarter of its budget goes to servicing it. The government in Tokyo has done little to change things. By Anne Seith more... [ Forum ]
SPIEGEL ONLINE
- December 06, 2012
In a SPIEGEL interview, UBS board chairman Axel Weber says his bank is better prepared than most others for new, stricter capital requirements. UBS has learned from the mistakes of the financial crisis, he says, and explains why the Swiss financial giant has moved away from investment banking. more... [ Forum ]
SPIEGEL ONLINE
- October 03, 2012
Until recently, calls to forcibly split up European banks were dismissed as a radical leftist idea. Now even an EU panel of experts is recommending dividing up dangerous financial giants. But the banking lobby, which would face major cost increases as a result, has the power to water down the ideas. By Stefan Kaiser more...
