Paul Krugman on Euro Rescue Efforts: 'Right Now, We Need Expansion' 23.05.2012, 17:04:00 In a SPIEGEL interview, Nobel Prize-winning economist Paul Krugman argues that this is not the time to worry about debt and inflation. To save the euro zone, he argues that the European Central Bank should loosen monetary policy and the German government should abandon austerity. |
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Picture This: Winging It 23.05.2012, 16:09:00
In Europe's Waiting Room: All Eyes Are on Ukraine for European Championship 23.05.2012, 15:57:38 The German national team is playing all of its 2012 European Football Championship group games in Ukraine -- two in Lviv and one in Kharkiv. In these cities beyond the borders of the European Union, fans from both Eastern and Western Europe will meet, and the experience could be jarring for some. |
The World from Berlin: A German Political Giant's 'Grandiose Failure' 23.05.2012, 14:20:20 After years of growth, Germany's Left Party is in disarray. Weeks of bitter infighting have weakened the far-left party and now its most important figure Oskar Lafontaine has withdrawn his candidacy for its leadership. German commentators say he alone is to blame for the chaos left behind. |
Energy Revolution Interruptus: Germany Stalled on the Expressway to a Green Future 23.05.2012, 13:53:16 Germany's energy revolution has hardly begun, but it's already running out of steam. There is a lack of political decisiveness and companies are complaining of a dearth of incentives to invest billions in necessary infrastructure. Progress or no progress, taxpayers continue footing the bill. |
Diplomatic Dissonance: Tehran Protests Eurovision 'Gay Parade' in Baku 23.05.2012, 13:48:00 Preparations for the first semi-final of the 2012 Eurovision Song Contest on Tuesday were overshadowed by a diplomatic row between host country Azerbaijan and its neighbor Iran. The latter recalled its ambassador over accusations that Baku was planning an accompanying "gay parade." |
New Edition of Hitler Polemic: '"Mein Kampf" Is the Shell, We're Removing the Fuse' 23.05.2012, 11:09:01 Hitler's polemic "Mein Kampf" has long been a no-go zone for German publishers. But a Munich historical institute is now publishing the first scholarly edition of the book since World War II. In a SPIEGEL interview, project head Christian Hartmann discusses why it is both controversial and necessary. |
Free Money: German Central Bank Issues Zero-Rate Bonds 23.05.2012, 10:53:00 For the first time in history, Germany issued long term bonds with a zero percent coupon rate on Wednesday. The demand reveals the deep concerns investors have about the euro zone and their desire for a safe place to park their capital -- even if it costs them money to do so. |