SPIEGEL ONLINE - 27.12.2012
Germany should move slower on fiscal consolidation and savings to counteract the economic effects of austerity programs currently throttling growth in Southern Europe, argues Christine Lagarde. Still, the IMF chief remains cautiously optimistic about the euro-zone's economic prospects for the next year. more...
SPIEGEL ONLINE - 17.12.2012
German Chancellor Angela Merkel was full of praise for the euro-zone bank oversight plan passed last week at the EU summit in Brussels. But the deal is not nearly as watertight as she claimed. It lacks a legal foundation and could lead to a conflict of interest at the highest levels of the European Central Bank. By Michael Sauga more... [ Forum ]
SPIEGEL ONLINE - 13.12.2012
Euro-zone finance ministers agreed early Thursday on a far-reaching deal for the creation of an oversight authority for the currency zone's largest banks. The agreement will also allow troubled financial institutions to borrow money directly from European emergency bailout funds. more...
SPIEGEL ONLINE - 12.12.2012
Es sind wichtige Vorhaben, die Union und Liberale noch vor Jahresende durch den Vermittlungsausschuss bringen wollen. Doch vor der entscheidenden Sitzung droht Rot-Grün mit einem Nein - der Abbau von Steuerungerechtigkeiten dürfte damit gescheitert sein. Von Florian Gathmann, Severin Weiland und Philipp Wittrock mehr... [ Forum ]
SPIEGEL ONLINE - 04.12.2012
Jean-Claude Juncker has had enough, announcing on Monday evening in Brussels that he is stepping down as head of the Euro Group at the end of the year. Who, though, will take over? With elections in Germany looming, all signs point to French Finance Minister Pierre Moscovici. By Christoph Schult in Brussels more... [ Forum ]
SPIEGEL ONLINE - 30.11.2012
Despite serious doubts over Chancellor Angela Merkel's handling of the euro crisis among the center-left, German parliamentarians on Friday voted to approve a new round of aid measures for Greece. Most Germans, however, would prefer to see the country go bankrupt. more...
SPIEGEL ONLINE - 28.11.2012
For the third time, European finance ministers this week have put together a package of aid measures for Greece and assured Europeans that the country is now back on track to financial health. But is it really? German commentators certainly don't think so. more...
SPIEGEL ONLINE - 28.11.2012
Finance Minister Wolfgang Schäuble insisted on Tuesday that the new deal aimed at slashing Greece's debt load won't cost German taxpayers. It will, however, deny Germany billions in expected revenues. And the feared debt cut may be just around a not-too-distant corner. more...
SPIEGEL ONLINE - 26.11.2012
The International Monetary Fund believes that the only way to reduce Greek debt to a sustainable level is by way of a debt haircut involving the country's government creditors. But with an election approaching, Germany has refused to consider the proposal. Reality is on the IMF's side. By SPIEGEL Staff
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SPIEGEL ONLINE - 19.11.2012
Almost 70 percent of Germans believe that Angela Merkel's government pursues special interests to the detriment of the public good. Sixty-five percent say her government isn't doing enough to address Germany's future problems. Yet the chancellor remains the country's most popular politician, far ahead of her challenger in next year's general elections. more...