SPIEGEL ONLINE
- June 19, 2013
In a letter to euro-zone leaders, Cypriot President Nicos Anastasiades has asked that the bailout package for his country be revisited. The effects on the island nation's economy have been much greater than expected, he writes. EU leaders are "puzzled." more... [ Comment ]
SPIEGEL ONLINE
- June 18, 2013
Greek Prime Minister Antonis Samaras almost fell over his decision last week to shut down public broadcaster ERT. But on Monday night, an unexpected court ruling helped him stay in power. How long will the peace last? By Georgios Christidis in Thessaloniki more... [ Comment ]
SPIEGEL ONLINE
- June 14, 2013
With the economy at home in the doldrums, entrepreneurs from Italy have been flocking to Berlin recently. The job opportunities are plentiful and there is a growing Italian community within Germany's vibrant high-tech start-up scene. By Sophie Arts more... [ Comment ]
SPIEGEL ONLINE
- June 13, 2013
Is Germany a dreamland for immigrants? Not entirely. According to a new OECD study, more than half the Greeks and Spaniards who come to Germany leave within a year. By Sarah Sommer more... [ Comment ]
SPIEGEL ONLINE
- June 12, 2013
Germany's high court on Tuesday made clear that it was skeptical of the ECB's program to buy unlimited quantities of sovereign bonds from struggling euro-zone member states. It could strike down the most successful tool in combating the crisis. By Stefan Kaiser in Karlsruhe, Germany more... [ Comment ]
SPIEGEL ONLINE
- June 10, 2013
Germany's highest court is currently reviewing the European Central Bank's controversial bond-buying program to shore up euro-zone crisis countries. A decision in Karlsruhe could determine the common currency's fate. By Melanie Amann, Thomas Darnstädt and Dietmar Hipp more... [ Comment ]
SPIEGEL ONLINE
- June 06, 2013
The International Monetary Fund conceded on Wednesday that it lowered its own standards on the Greek bailout, underestimating the effects of austerity and making overly optimistic projections for Greece's economy. more... [ Comment ]
SPIEGEL ONLINE
- June 05, 2013
Huge protests, massive strikes and tear gas: That is the horror scenario that is driving the Greek government to ask for more time to lay off thousands of public sector workers. Athens doesn't want to scare away tourists in the summer season. By Georgios Christidis in Thessaloniki more... [ Comment ]
SPIEGEL ONLINE
- June 03, 2013
The EU's bailout of Cyprus has elicited unusually frank and vehement criticism from the finance experts grouped in the IMF's Executive Board. Their damning indictment at an IMF meeting in May reflects global skepticism, especially in emerging economies, about the euro zone's crisis management. By Markus Dettmer and Christian Reiermann more... [ Comment ]
SPIEGEL ONLINE
- June 03, 2013
In a SPIEGEL interview, Chancellor Angela Merkel discusses Germany's power in the euro crisis and explains why the country exports weapons to authoritarian regimes like Saudi Arabia. more... [ Comment ]