More Aid? Greece Funding May Come from EU Budget

More Aid? Greece Funding May Come from EU Budget

SPIEGEL ONLINE - August 21, 2013

Greece needs more aid, German Finance Minister Wolfgang Schäuble said on Tuesday, putting the euro crisis at the forefront of an otherwise languid election campaign. A news report on Wednesday indicates the aid might come from the EU budget. more... Comment ]

Schäubles Griechenland-Beichte: Endlich ehrlich

Schäubles Griechenland-Beichte: Endlich ehrlich

SPIEGEL ONLINE - August 21, 2013

Verdruckst und verklausuliert hat Finanzminister Wolfgang Schäuble ein überfälliges Geständnis abgelegt: Die Euro-Krise wird Deutschland weitere Milliarden kosten. Damit hat der Wahlkampf endlich das richtige Thema gefunden. Ein Kommentar von Christian Rickens mehr... Forum ]

NSA Spying Fallout: Germany Wants Tighter UN Privacy Rules

NSA Spying Fallout: Germany Wants Tighter UN Privacy Rules

SPIEGEL ONLINE - July 24, 2013

Germany on Wednesday launched an effort to improve United Nations data protection regulations in light of the massive Internet surveillance undertaken by the US. Some top German officials would also like to see a data exchange treaty between the US and the EU suspended. more... Comment ]

Schäuble Visits Greece: Aid but No Haircut for Athens

Schäuble Visits Greece: Aid but No Haircut for Athens

SPIEGEL ONLINE - July 18, 2013

German Finance Minister Wolfgang Schäuble pledged €100 million to help small and medium-sized business in Greece during his visit to Athens on Thursday. But he didn't bring what the country really wants: a new debt haircut. By David Böcking and Georgios Christidis in Athens more... Comment ]

New Public Sector Cuts: Austerity as Usual in Greek Parliament

New Public Sector Cuts: Austerity as Usual in Greek Parliament

SPIEGEL ONLINE - July 18, 2013

Greek Prime Minister Antonis Samaras may have but a razor-thin majority in parliament. But on Wednesday night, that was all he needed to push through thousands of public sector layoffs. The opposition, though, is getting louder. By David Böcking in Athens more... Comment ]

Lonely Struggle: Wolfgang Schäuble's Fight to Save Europe

Lonely Struggle: Wolfgang Schäuble's Fight to Save Europe

SPIEGEL ONLINE - July 17, 2013

Germany's Wolfgang Schäuble wants Europe to be his legacy. But his efforts to reform the EU and save the euro face many obstacles. One of them is his boss, Chancellor Angela Merkel. By Michael Sauga more... Comment ]

Greece on the Brink: Athens May Need 10 Billion More

Greece on the Brink: Athens May Need 10 Billion More

SPIEGEL ONLINE - July 17, 2013

Greek parliament on Wednesday is considering yet more public sector cuts. But even that might not be enough, according to a German newspaper report. With German elections pending, though, any immediate additional relief is unlikely. more... Comment ]

Union Disunion: ECB to Begin Inspection of Euro-Zone Banks

Union Disunion: ECB to Begin Inspection of Euro-Zone Banks

SPIEGEL ONLINE - July 11, 2013

The European Central Bank is set to begin inspecting the balance sheets of large EU financial institutions, even as disagreement between Brussels and Berlin threatens the bloc's banking union plans. more... Comment ]

Tough Talks in Athens: Greece Expects a Second Debt Haircut

Tough Talks in Athens: Greece Expects a Second Debt Haircut

SPIEGEL ONLINE - July 02, 2013

Greece is expecting a second debt haircut from its European creditors following the German election, the country's economy minister said on Tuesday. First, though, Athens must prove that it has done enough to receive the next tranche of badly needed bailout money. more... Comment ]

Battling the Crisis: Disunity Plagues EU Banking Union Talks

Battling the Crisis: Disunity Plagues EU Banking Union Talks

SPIEGEL ONLINE - May 15, 2013

European leaders had hoped to quickly finalize plans for an EU banking union to regulate bank bailouts and provide a roadmap for unwinding insolvent financial institutions. But with the German election looming, Berlin is wary of moving forward. The result could be a lengthy delay. By Carsten Volkery more... Comment ]