SPIEGEL ONLINE
- May 02, 2013
The European Central Bank cut interest rates on Thursday to a record low of 0.5 percent in an effort to combat the deepening recession across the euro zone. more... [ Forum ]
SPIEGEL ONLINE
- May 01, 2013
The Greek half of Cyprus has been hard-hit by the banking crisis -- and now hopes are growing in the Turkish north for reconciliation. If the two populations could resolve their dispute, they could likely access large natural gas reserves estimated to be worth hundreds of billions of euros. By Ulrike Putz in Gemikonagi 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
Italy's new left-right government, sworn in on Sunday, is younger than previous cabinets, has more women and contains a mix of technocrats and politicians. It's a promising start, write German commentators. But they note that it faces huge pressures, and will need to deliver results quickly. 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 22, 2013
A new German protest party is proposing the gradual re-introduction of the national currencies of highly indebted euro-zone countries. While the party's spokesman insists the idea solves everyone's problems, it has one major drawback: Economists agree it won't work. By Sven Böll more... [ Forum ]
SPIEGEL ONLINE
- April 18, 2013
Nowhere else in Europe are neo-Nazis and right-wing extremists profiting as greatly from the financial crisis as in Athens. As they terrorize the country with violence, the police stand back and prosecutors are powerless. By Manfred Ertel in Athens more... [ Forum ]
SPIEGEL ONLINE
- April 18, 2013
A new survey of small and medium-sized companies in Germany finds that they are losing interest in the euro zone. Instead, they are placing their bets on countries even further afield, especially fast-growing emerging economies. By David Böcking more...
SPIEGEL ONLINE
- April 18, 2013
The Bundestag, Germany's parliament, voted Thursday to approve a 10 billion euro European Union and IMF bailout for Cyprus. Legislators also voted in favor of seven-year extensions for crisis loans provided to Ireland and Portugal. more...
