SPIEGEL ONLINE
- May 25, 2012
With Europe beginning to look for alternatives to its exclusive focus on austerity, the German government has developed a six-point plan to foster economic growth in Europe, SPIEGEL has learned. Included in the proposal is the creation of special economic zones in struggling euro-zone countries. more... [ Forum ]
SPIEGEL ONLINE
- May 11, 2012
This week's move by Spain to nationalize the country's fourth-largest bank almost overnight is just the latest in a financial sector crisis that has been growing since the Spanish real estate bubble burst. It is likely to increase calls for Madrid to accept financial aid from its European partners. By David Böcking more... [ Forum ]
SPIEGEL ONLINE
- May 11, 2012
Deutsche Bank has settled a legal dispute with the US Justice Department for $202 million as part of Josef Ackermann's attempts to clean house before his stint as CEO ends next month. US officials had sued a Deutsche Bank subsidiary for knowingly violating mortgage regulations. more...
SPIEGEL ONLINE
- April 26, 2012
The banking crisis in Spain has countries across Europe in a deep state of worry. A German newspaper is now reporting that the European Central Bank and a number of euro-zone countries would like to change the euro bailout fund in order to permit it to lend money directly to financial institutions in the throes of the crisis. Germany, however, is strictly opposed to the idea. more...
SPIEGEL ONLINE
- March 23, 2012
In a SPIEGEL interview, Czech economist Tomas Sedlacek discusses morality in the current crisis and why he believes an economic policy that only pursues growth will always lead to debt. Those who don't know how to handle it, he argues, end up in a medieval debtor's prison, as the Greeks are experiencing today. more... [ Forum ]
SPIEGEL ONLINE
- March 21, 2012
It wasn't so long ago that many viewed Germany's economic model as outdated and the country as the "sick man of Europe." These days, however, even the Americans have come to praise parts of it, though they still doubt whether they would be able -- or willing -- to adopt it wholesale. By Thomas Schulz in New York more...
SPIEGEL ONLINE
- February 02, 2012
Outgoing Deutsche Bank CEO Josef Ackermann presided over his final annual press conference on Thursday. His legacy will be that of transforming Germany's largest financial institution into a profit machine. But in the end, he lost control of the specters he unleashed. By Stefan Kaiser more...
SPIEGEL ONLINE
- February 01, 2012
Political scientist Francis Fukuyama was once the darling of American neo-conservatives. In a SPIEGEL interview, the author of "The End of History" explains why he now believes that the excesses of capitalism are a threat to democracy and asks why there is no "Tea Party on the left." more... [ Forum ]
SPIEGEL ONLINE
- January 30, 2012
The transition of power at Germany's largest bank is being overshadowed by the fallout from dubious deals in the US made at a time when incoming co-CEO Anshu Jain was head of investment banking. The bank faces a number of lawsuits, and the compensation claims are so large that regulators have asked Deutsche Bank to quantify them. more...
SPIEGEL ONLINE
- January 16, 2012
In a SPIEGEL interview, José Graziano da Silva, 62, the new head of the United Nations aid organization FAO, discusses his plans to combat hunger as well as his efforts to limit speculation and the impact it has on dramatically fluctuating food prices. more... [ Forum ]
