- July 26, 2013
British-American historian Walter Laqueur experienced the demise of the old Europe and the rise of the new. In a SPIEGEL interview, he shares his gloomy forecast for a European Union gripped by debt crisis. more... [ Comment ]
- June 13, 2011
Germany's top court will soon hear a complaint filed against the Greek bailout and euro rescue fund. A recent remark by the court's president suggests it may attach strings to its approval of the bailouts -- and thereby reinforce the country's reputation for obstructionism in the fight to save the euro. more...
- June 07, 2011
Greece is scrimping and saving, but still failing to get its debt crisis under control. The government plans to raise 50 billion euros through a privatization program, but faces massive resistance from Greeks worried about selling off the nation's assets. Experts also doubt whether the strategy will work. more...
- May 24, 2011
While Europe is preoccupied with a possible restructuring of Greece's debt, huge risks lurk elsewhere -- in the balance sheet of the European Central Bank. The guardian of the single currency has taken on billions of euros worth of risky securities as collateral for loans to shore up the banks of struggling nations. more... [ Comment ]
- May 13, 2011
An unusual number of crises -- from the Fukushima disaster to the Arab Spring -- have challenged what used to be called the "European spirit." The euroskepticism sparked by the euro crisis has become an epidemic. Experts warn of a retreat to nationalism. more... [ Comment ]
- May 03, 2011
The German economic boom is fuelling inflation, and prices are expected to keep rising because of Europe's one-size-fits-all monetary policy. The European Central Bank can't raise interest rates aggressively enough to curb German price pressures because that would hurt the weaker euro-zone economies. more... [ Comment ]
- February 23, 2011
Axel Weber has taken himself out of the running, and the candidate from Finland has also withdrawn: That leaves an Italian, Mario Draghi, in line to succeed Jean-Claude Trichet as head of the European Central Bank. A man from a deeply indebted EU nation may now be tasked with saving the euro. more...
- January 03, 2011
Both France and Germany want an economic government for Europe. The only problem is they have completely different things in mind. The conflict threatens to derail any chances of progress. more... [ Comment ]
- December 27, 2010
Surveys show that many Germans are worried about the future of the euro, but the country's political parties are not taking their fears seriously. The number of grassroots initiatives against the common currency is increasing, and political observers say a Tea Party-style anti-euro movement could do well. more... [ Comment ]
- December 23, 2010
Is Germany working on a new stability fund for the European common currency? A report in a Munich daily on Thursday claimed that Berlin was working with several other European capitals on such a plan. The Finance Ministry, however, says it is not. The confusion is typical of the EU's response to the euro crisis. more...