Sovereign debt
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Debate: Ingo Schulze - 10 theses about the crisis
27 January 2012162524 Süddeutsche Zeitung Munich -
Catastrophes: Wrecked
17 January 201298 La Libre Belgique Brussels -
Eurozone crisis: For S&P, the Emperor has no clothes
16 January 20126515PresseuropCorriere della Sera, Hospodárske Noviny, Die Presse & 3 others -
Eurozone crisis: It can only get worse
13 January 201266 L'Espresso Rome -
Eurozone crisis: Monti takes on Merkozy
12 January 20128155PresseuropDer Spiegel, Frankfurter Allgemeine Zeitung, La Repubblica & 2 others -
Arms industry: Greece still splashes out billions on defence
11 January 2012134634 Die Zeit Hamburg -
Eurozone crisis: In trouble
10 January 201289 Trouw Amsterdam -
Spain: Low-cost life for all
9 January 201234014 El País Madrid -
Bailouts: Against all the rules
6 January 201237552 Die Zeit Hamburg -
Hungary: Orbán increasingly isolated
6 January 20121149 Presseurop -
Debt crisis: Does doom await in 2012?
2 January 201217363 El País Madrid -
Euro crisis: Follow that star!
27 December 201175 SME Bratislava -
Debt crisis: ECB brings some relief to the banks
22 December 20113619PresseuropPresseurop -
Finance: Stock exchange logic
21 December 201152 Süddeutsche Zeitung Munich -
Ideas: Explaining the eurozone crisis to children
21 December 201155720 Il Sole-24 Ore Milan -
Debt crisis: Entente discordiale
19 December 201174 -
Xenophobia: Florence murders - crisis distills its poison
14 December 201130910 La Stampa Turin -
European Council: Britain - like the Cayman Islands, in the rain
12 December 201119417 The Independent London -
Editorial: What now?
9 December 2011592Presseurop -
Eurozone crisis: Farewell sweet sovereignty...
8 December 201134917 El País Madrid -
European Union: The economic order that inspires Merkel
8 December 20112006 Libération Paris -
Economy: Portugal, glittering prize for emerging nations
6 December 201122315 Expresso Lisbon -
Press review: Who will follow Merkel and Sarkozy?
6 December 201111521PresseuropAdevărul, Rzeczpospolita, Postimees & 4 others -
Eurozone crisis: Advice
5 December 201148 Daily Nation Nairobi -
Debt crisis: Euro-Jima
2 December 201184 NRC Handelsblad Amsterdam -
Eurozone crisis: Do what the lady says
2 December 201120864 La Repubblica Rome -
Eurozone crisis: Panic - hottest all-time business model
30 November 201167114 Berliner Zeitung Berlin -
Debt crisis: Savers rally to patriotic call
29 November 2011744PresseuropPresseurop -
Debate: Crisis tears us apart
29 November 20113467 The Irish Times Dublin -
Debt Crisis: Angela Dominatrix
29 November 2011247 The Sunday Business Post Dublin -
Greece: Athens Biennale, the crisis as art
28 November 20112184 Expressen Stockholm -
Editorial: “Merkozy” is not alone
25 November 2011753Presseurop -
Eurozone crisis: Only Eurobonds can save us
24 November 201114210 El Mundo Madrid -
European Union: A revolution from above
23 November 20114785 Libération Paris -
Debt crisis: Emergency aid
22 November 201193 De Groene Amsterdammer Amsterdam -
Who's afraid of Germany? (1): Myth of German economic discipline
21 November 201158520 Der Spiegel Hamburg -
Debate: Why Europe needs enemies
17 November 20111688 Hospodářské Noviny Prague -
Hungary: IMF or Orbán: what will it be?
17 November 2011741PresseuropHírszerzö -
Debate: Look behind you, Lucas and Mario
15 November 201142510 Financial Times London -
Debt crisis: The ECB has only to say the word
14 November 20113147 Le Monde Paris -
Eurozone crisis: Light at the end of the tunnel
11 November 201139 De Volkskrant Amsterdam -
Debt crisis: Greece and Italy, two parallel destinies
11 November 20111585 Eleftherotypia Athens -
Editorial: Breaking the circle
11 November 2011542Presseurop -
Eurozone crisis: What Latin-America can teach Europe
9 November 201142611 El País Madrid -
Art: Leonardo da Vinci in London
9 November 201154 The Daily Telegraph London -
Romania-Greece: Orthodox church at the gates of purgatory
9 November 20111035 România libera Bucharest -
Eurozone crisis: Greek find-the-euro
3 November 201131 NRC Handelsblad Amsterdam -
G20: Here comes China
2 November 2011107 L'Hebdo Lausanne -
Press review: Jury is out on Trichet’s record
31 October 201153PresseuropHandelsblatt, Cinco Días, Le Monde & 2 others -
Eurozone crisis: Chinese saviour is in debt too
31 October 20113PresseuropDie Presse
It is the madness that has become self-evident: for years, the public sphere has been plundered and democracy ruined. The German writer Ingo Schulze has had enough. Here he sets out ten reasons to take himself seriously again. 
For the European press, the ratings downgrade for nine eurozone countries by Standard & Poor's merely confirms what markets and leaders have known for a long time: that the difficulties of the eurozone are primarily due to rifts between the member countries. 
Two days after French President Nicolas Sarkozy’s visit, Mario Monti traveled to Berlin on 11 January for discussions on saving the Eurozone with Angela Merkel. The Italian PM, who advocates a more flexible approach to the crisis, succeeded in obtaining the support of the German Chancellor. 
Frigates, tanks and submarines: Greece may be teetering on the brink, but the bite of austerity hasn’t come near its military. And Germany is profiting from it. 
With the crisis in full swing, and pay packages as low as 1000 euros gross per month, there's no lifestyle choice other than that of austerity. It's a trend that's changing consumer habits. 
He who makes mistakes must pay the price. Ever since the crisis erupted five years ago, this key law of the market economy has been trampled on. Politicians must now decide between prosperity and morality, writes Die Zeit. 
The reinforcement of the executive branch of government and the weakening of checks and balances has been criticised by newspapers in Hungary and elsewhere in Europe at a moment when the country has been struck by a financial crisis that is steadily worsening as investors lose confidence in Budapest. 
In the wake of a terrible year in 2011, the worst may be yet to come warns political analyst José Ignacio Torreblanca. The crisis could force EU member states to choose between Greece and Great Britain. And once again, everything will be decided in Germany. 
"Hey Dad, what's the euro crisis?" Rather than explaining interest rates and public debt, the best way to answer is to trot out the well-known tale of The Three Little Pigs and the big bad wolf, suggests Giovanni Majnoni. 
The murder of two Senegalese traders in Florence is the latest manifestation of an upsurge of hatred in Europe. With the Utøya massacre, the vehement reactions to the Greek crisis, British isolationism and the rise of the extreme right, this trend has many forms — all of them equally alarming. 
In walking away from greater European integration in order to defend the privileges of the City, David Cameron has hopelessly relegated the UK to the status of an irrelevant island state at the margins of Europe, argues John Lichfield. 
If approved by the Twenty-Seven, the fiscal union proposed by Angela Merkel and Nicolas Sarkozy would be a decisive new stage on the path to European federalism. But are all willing to pay the price: the surrender of the budgetary autonomy of states? 
Angela Merkel’s drive to impose discipline and sanctions in the Eurozone is not a bid to establish German hegemony, but simply an extension of the economic doctrine that provided the basis for Germany’s economic miracle: “ordoliberalism”. 
To cut its debt, Portugal’s government has embarked on a far-reaching privatisation program. Brazilian, Chinese and Angolans are the main candidates for taking over its national enterprises. 
At a 5 December meeting in Paris, Angela Merkel and Nicolas Sarkozy agreed on a plan to save the euro from catastrophe, which they will be asking the EU’s 27 member states to approve at a summit on 8-9 December. The European press, however, thinks they’re not out of the woods yet. 
Europe must learn to co-operate with Germany, argues veteran Italian columnist Barbara Spinelli. Despite a reputation for being excessively stern and power-hungry, German rigour is nevertheless the only viable alternative to the Chinese model. 
Fear, alarm, apocalypse: moods rather than facts steer mankind, writes futurologist Matthias Horx. This holds true for the eurozone crisis as well. 
Debt and austerity are the new reality for most Europeans. But for some, such a situation is an opportunity to turn a fast profit. In such a context, how can we still talk of nations and society? asks Irish columnist John Waters. 
In a country destabilised by the crisis, the 3rd Athens Biennale contemporary art festival has been largely overlooked. However, a Swedish journalist argues that the exhibition offers an opportunity to appreciate the urgency of the moment. 
The measure demanded by most European partners and supported by the European Commission still meets with stiff opposition from Germany. But Berlin cannot indefinitely block the launch of Eurobonds, which increasingly appear to be the only solution to the debt crisis. 
Political changes in Greece, Italy and Spain have highlighted how European leaders have upset the balance of power between society and the state and politics and the economy. French philospher Etienne Balibar points out that these developments have overlooked the role of citizens. 
Germany is selling itself during the crisis as a haven of stability – and the financial markets even believe it. But, in truth, it’s hardly better off than the others. And its public role of disciplinarian is arrogant and dangerous, writes Spiegel Online. 
Nothing better than an enemy to forge a common identity. But the adage of the nineteenth century doesn’t quite fit the current crisis. Only by changing their relationship to power can Europeans unite and overcome the crisis, says a Czech editorialist. 
The arrival of technocratic governments in Greece and Italy may well calm jittery markets, but could also help boost populist political parties who point to the democratic deficit at the heart of the EU, argues Gideon Rachman. 
There is a simple way to resolve the Eurozone crisis: the European Central Bank just has to state that it will be the lender of last resort for European states. But this solution, which has the support of many economists, is rejected by the ECB — a doctrinaire position, which a Le Monde columnist deplores. 
In Athens and in Rome, the crisis has swept away elected leaders, replacing them with technocrats whose main mission is to implement austerity plans demanded by Brussels and the markets, which their predecessors were unable to apply. 
The debt crisis has plunged the eurozone into a situation similar to that experienced by Latin America in the 90's. To emerge from it, Europeans should learn from the mistakes made at the time, writes columnist and former Venezuelan Minister Moises Naim. 
In Bucharest and in Athens, the exacerbation of the economic crisis has undermined public tolerance for the privileges enjoyed by the Orthodox Church. If things do not change, warns România Liberă, the organisation runs the risk of paying a heavy cultural tribute. 
As the President of the European Central Bank steps down from an institution that has become an essential anchor for the single currency, the European press wonders about the legacy of his eight-year mandate. - 1 of 6
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