Tough Times for German Savers: Who's Responsible for Eurozone's Negative Interest Rates?

Tough Times for German Savers: Who's Responsible for Eurozone's Negative Interest Rates?

SPIEGEL ONLINE - August 24, 2019

Vitor Constâncio spent eight years as the vice president of the European Central Bank. In an interview, he explains why not him or outgoing ECB head Mario Draghi are to blame for negative interest rates in the eurozone. Interview Conducted By Stefan Kaiser more...

A European IMF: The New Face of the Eurozone Bailout Fund

A European IMF: The New Face of the Eurozone Bailout Fund

SPIEGEL ONLINE - October 12, 2018

The erstwhile bailout fund known as the European Stability Mechanism may soon be granted far-reaching new powers, including the kinds of functions currently possessed by the IMF. But there's a hitch. By Christian Reiermann more... Comment ]


Böckler-Institut: Wirtschaftsforscher hält Zuwanderungsstreit für Phantomdebatte

Böckler-Institut: Wirtschaftsforscher hält Zuwanderungsstreit für Phantomdebatte

SPIEGEL ONLINE - January 06, 2014

"Die Effekte werden kaum spürbar sein": Wirtschaftsforscher Gustav Horn kann der Debatte über die Zuwanderung von Rumänen und Bulgaren nichts abgewinnen. Für das Jahr 2014 erwartet der Chef des gewerkschaftsnahen IMK-Instituts ein eher schwaches Wirtschaftswachstum. Von Michael Kröger mehr... Forum ]

Investor George Soros: Germany Must Accept Eurobonds or Leave Euro

Investor George Soros: Germany Must Accept Eurobonds or Leave Euro

SPIEGEL ONLINE - April 10, 2013

Despite a period of relative calm last year, the euro crisis is creeping back in 2013. In an essay for SPIEGEL ONLINE, star investor George Soros argues that the situation would improve dramatically were Germany to accept Eurobonds. Absent such acceptance, Berlin should consider leaving the euro zone, he argues. more... Comment ]


Interview with Economist Hans-Werner Sinn: 'Temporary Euro-Zone Exit Would Stabilize Greece'

Interview with Economist Hans-Werner Sinn: 'Temporary Euro-Zone Exit Would Stabilize Greece'

SPIEGEL ONLINE - November 19, 2012

In a SPIEGEL interview, pugnacious German economist Hans-Werner Sinn warns of the huge dangers associated with a continuation of current bailout policies, why he believes Greece and Portugal should temporarily leave the euro zone and why financial markets are anything but irrational. By Armin Mahler and Michael Sauga more...

European Parliament President: Call for Political Union Now is 'Dramatic Mistake'

European Parliament President: Call for Political Union Now is 'Dramatic Mistake'

SPIEGEL ONLINE - September 04, 2012

Leaders in Germany and elsewhere are making a big mistake by focusing on long-term EU reform when fast decisions are needed, says Martin Schulz, the president of the European Parliament. The German Social Democrat tells SPIEGEL that Europe needs to pool its debt, give the ESM a banking license and help Greece return to growth.  more...


The World from Berlin: Merkel's Hard Line 'Could Kill the Euro'

The World from Berlin: Merkel's Hard Line 'Could Kill the Euro'

SPIEGEL ONLINE - June 28, 2012

German Chancellor Angela Merkel's comment that euro bonds would not be introduced in her lifetime has made headlines in Germany and provoked intense discussion. Commentators say that while the harsh tone is atypical of the cautious leader, her hard line could have disastrous consequences. more... Comment ]

'Self Deception and Sham Solutions': Merkel Blasts Euro Partners on Eve of Summit

'Self Deception and Sham Solutions': Merkel Blasts Euro Partners on Eve of Summit

SPIEGEL ONLINE - June 27, 2012

German Chancellor Angela Merkel has signalled she is ready for a fight at Thursday's summit, criticizing the euro reform blueprint presented by top EU officials and again ruling out jointly issued debt in the strongest of terms. She warned that Germany can't save the euro on its own. more...


The World From Berlin: 'States Must Sacrifice Sovereignty to Save Euro'

The World From Berlin: 'States Must Sacrifice Sovereignty to Save Euro'

SPIEGEL ONLINE - June 27, 2012

Do European leaders trust each other enough to take the steps necessary to secure the long-term existence of the euro? German commentators warn that fundamental questions must be answered at Thursday's EU summit. more...

The Coming EU Summit Clash: Merkel Vows 'No Euro Bonds as Long as I Live'

The Coming EU Summit Clash: Merkel Vows 'No Euro Bonds as Long as I Live'

SPIEGEL ONLINE - June 27, 2012

German Chancellor Angela Merkel has come out stronger than ever against euro-zone debt sharing, telling a group of parliamentarians that there would be no euro bonds "as long as I live." Her tough stance guarantees conflict with Italian Prime Minister Mario Monti at this week's pivotal EU summit in Brussels. more...