European Monetary Union (EMU)
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Debt crisis: A German requiem for a single currency
20 June 201146415 Der Spiegel Hamburg -
Allemagne: Merkel’s favourite for ECB bows out
10 February 2011PresseuropFinancial Times Deutschland, Financial Times Deutschland -
European Union | United States: Let's end the transatlantic squabble
11 November 2010331 Il Sole-24 Ore Milan -
Poland: So farewell to the zloty?
28 September 2010PresseuropDziennik Gazeta Prawna -
Germany: Bundesbank bigmouth gets boot
2 September 20102PresseuropBerliner Zeitung -
Single currency: Euro, go east!
18 February 2010231 Handelsblatt Düsseldorf -
Finance: Euro in hot water
19 January 2010261 Die Zeit Hamburg -
Greece: Can the EU put it together again?
15 December 200921 Der Spiegel Hamburg
As Germany hesitates once more to bail-out a near bankrupt Greece, German weekly Der Spiegel affirms that not only can the euro as we know it be saved, but also it is threatening the entire future of Europe.
After a “golden age” of coordinated reaction to the bank crisis, European and US economic policies are diverging again. And this dearth of policy coordination is threatening the stability of the recovery. The EU-US summit in Lisbon on 20 November will be a chance to re-establish a transatlantic entente – an opportunity that had better not be passed up.
With its monetary union weakened by the crisis, the EU shouldn’t be afraid of enlarging the eurozone. Handelsblatt recommends rapidly integrating the more dynamic economies to the east, which have been scorned for too long as the weakest links in the system.
Germans’ favourite countries for holidaymaking are going broke. And Europeans will have to foot the bill for the worst debtors, explains Die Zeit, lest they become the next dominoes to teeter and topple into financial chaos.
In Berlin and Brussels there is growing doubt over whether Greece can solve its debt problems without external help. If nothing is done, the country risks bankruptcy — with unforeseeable consequences for the European currency.