Euro
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Debt crisis: Southern Europe at critical turning point
5 September 20112PresseuropLa Tribune -
Italy: Austerity plan in vanishing act
1 September 2011PresseuropLa Repubblica -
Germany: Powerful business leader calls for euro rescue
29 August 2011PresseuropBerliner Zeitung -
Debt Crisis: Outcry over Greek-Finnish deal
23 August 201143PresseuropPresseurop -
Germany: Taking sides on eurobonds
23 August 2011PresseuropHandelsblatt -
Press review: Markets deaf to Sarkozy-Merkel entreaties
19 August 2011541 Presseurop -
European integration: Forward the euro - without Germany
18 August 201131818 The Times London -
France-Germany: Nice ideas, shame about the delay
17 August 2011415 La Stampa Turin -
Press review: Europe's 'royal couple' comfort ailing euro
16 August 201182 Presseurop -
Debt crisis: Europe reacts
12 August 20111PresseuropLa Vanguardia -
Switzerland: Fallout from the plunging euro
11 August 20111294 De Volkskrant Amsterdam -
Debt crisis: First paralysis, now panic
11 August 2011391 ABC Madrid -
Debt crisis: Cyprus may request EU aid
11 August 2011PresseuropPolitis -
Debt crisis: Act now to save dying euro
10 August 201114211 Mediapart Paris -
Debt crisis: Another plan to prop up the euro
10 August 20111PresseuropFinancial Times Deutschland, Financial Times Deutschland -
Press review: The ECB, a lonely fireman late to the fire
9 August 2011282 Presseurop -
Czech Republic: Time to shoulder the euro
8 August 2011887 Respekt Prague -
Debt crisis: Final summer holiday for the euro?
5 August 201121215 La Repubblica Rome -
Debt crisis: ECB flies solo into the storm
5 August 20111PresseuropLa Vanguardia -
Debt crisis: Credit markets defiant
4 August 2011502 Presseurop -
Eurozone: Spanish and Italian debt spiral
3 August 20111493 El País Madrid -
Eurozone crisis: How to save the common currency
1 August 20112PresseuropUważam Rze -
Eurozone: A painful Greek lesson
22 July 2011PresseuropGazeta Wyborcza -
Ideas: Monetary union – the European time bomb
22 July 20111986 The Guardian London -
Eurozone crisis: An expensive breather
22 July 2011571 Die Welt Berlin -
Debt crisis: Dublin and Lisbon to pay out less
22 July 2011PresseuropIrish Independent -
Eurozone crisis: Greeks relieved but mistrustful
22 July 2011262 Presseurop -
Eurozone crisis: No more hide and seek
20 July 2011901 Ta Nea Athens -
Debt crisis: Italy and Spain in turmoil
19 July 2011512PresseuropPresseurop -
European banks: Stress tests fine, now move along
18 July 20111061 Mediapart Paris -
Eurozone crisis: Understand the banks and you save the euro
14 July 201110311 Die Zeit Hamburg -
Spain: Booming business for ratings agencies
14 July 20111PresseuropEl Periódico de Catalunya -
Debt crisis: Spain lashes out at Germany
13 July 20111PresseuropLa Vanguardia -
Debt crisis: After Portugal, now Ireland is junked
13 July 20111PresseuropThe Irish Times -
Debt crisis: It’s the euro, stupid
12 July 20111317 Presseurop -
Eurozone crisis: Italy, the last battleground
12 July 20111354 La Repubblica Rome -
Eurozone Crisis: Italy stares into the abyss
11 July 20111PresseuropFinancial Times Deutschland, Financial Times Deutschland -
Eurozone crisis: ECB puts up a fight
8 July 201150 Presseurop -
Debt crisis: War declared on rating agencies
7 July 2011891PresseuropPresseurop -
Debt crisis: Portugal’s junk status gives Ireland jitters
7 July 2011PresseuropThe Irish Times -
Debt crisis: Moody’s bins Portugal
6 July 20111Presseuropi -
Greece: After bailout, new default rumours
5 July 2011PresseuropPúblico -
Greece: Athens becomes EU 'protectorate'
4 July 2011PresseuropTo Ethnos -
Debt crisis: Bail out Greece, bail out German banks
1 July 2011PresseuropHandelsblatt -
Germany: Small business owners abandon Merkel
28 June 20111PresseuropHandelsblatt -
Debt crisis: Portuguese promises, Greek guarantees
24 June 2011PresseuropPúblico -
Debt crisis: Save Greece and be damned
24 June 201125PresseuropPresseurop -
Debt crisis: Euro – what Brussels will do next
23 June 2011622 Le Monde Paris -
Debt crisis: Could a federation save the euro?
23 June 20112PresseuropLa Tribune -
Debt crisis: Why the ECB won't allow restructuring
21 June 20111473 Mediapart Paris
On August 18, European markets plunged again, prompting the European press to report that this week's meeting between the “royal couple” or, more prosaically, of President Sarkozy and Chancellor Merkel, has not been sufficient to put the continent’s sluggish economy back on track. 
Despite France and Germany's apparent agreement in recent talks, their visions of Europe's future are very different. Germany has now become the main obstacle on the road to integration, argues a Times columnist: it is time for France to take the lead in Europe and leave its partner behind. 
The steps proposed by Angela Merkel and Nicolas Sarkozy during their meeting on August 16 are useful for tackling the debt crisis – and the crisis could have been avoided if they had been taken months ago. 
In an attempt to reassure markets of their support for the European financial stabilisation fund, Angela Merkel and Nicolas Sarkozy met again in Paris on August 16. The lack of agreement on drawing up common European government bonds, however, leaves the European press sceptical about the euro’s performance. 
Although it's not part of the eurozone, the Swiss Confederation is not immune to the storm that has overtaken the single currency. Beginning with the overvaluation of the Swiss franc, it has brought a rain of disaster for exports and tourism. 
Political dithering and rumour-mongering have caused dramatic falls in global markets. Fiscal integration will be necessary if the euro is to survive the storm. And Angela Merkel is the only political leader who can make it happen, says ABC's editorial. 
They may agree on the malaise afflicting the global financial industry and the Eurozone in particular, but European governments, who appear to be unaware of the gravity of the situation, have failed to take concerted action. French news website Mediapart argues that time is running short for the implementation of existing solutions. 
On 9 August, all of the European press — with the exception of newspapers in the UK — are devoting their front pages to the dramatic decline in financial markets, which have continued to fall despite intervention from the European Central Bank (ECB). 
Despite the pressure on the single currency and the current financial storm, one Czech journalist says it’s time for the Czech Republic to adopt the euro. A surprising proposal, perhaps, but one that she says is based on rational facts. 
The slow response of European bureaucracy and Germany’s stubborn refusal to accept the sole remedy that can save the euro and Europe — collective management of public debt and an end to national sovereignty in budgetary policy — could effectively sink the euro.
While Rome and Madrid are doing their utmost to reassure the markets as to their solvency, the European press remains sceptical about the capacity of Europe’s 27 member states and EU institutions to credibly address the crisis. 
With each passing day, both countries are growing weaker on the markets. And the more it costs to finance their debt, the less chance they have of surviving the crisis. To date, no one has come up with a solution.
France and Germany have successfully staved off a meltdown of the eurozone once again. But a monetary union that locks member states into a one size fits all economic policy is a disaster waiting to happen, argues a British columnist. 
In the end, the eurozone countries holding an emergency summit in Brussels did agree on a new rescue package for Greece. The underlying problem, however, is far from solved. And meanwhile, the bill is getting higher, warns Die Welt. 
The new rescue plan announced on July 21 after the extraordinary Eurozone summit eliminates the risk of Greece going bankrupt, but the Athenian press is divided about its implications. 
The extraordinary Eurozone summit on 21 July is supposed to put an end to the Greek crisis. A well-known Athens columnist argues that decisive action is long overdue, because the Greeks are tired of doing what they are told and obtaining nothing in return. 
If the results of stress tests published on 15 July are to be believed, European banks are in relatively good health. However, the problem is that the tests do not take into account the possibility of sovereign default, which remains the major fear. Mediapart warns that Europe’s 27 member states will have to do more if they are to resolve the ongoing crisis. 
The fate of the euro is a matter of indifference to the financial markets. Investors are pulling their money out of Rome, Athens, Lisbon and Madrid. And Europe – especially Germany – is doing everything to drive off the financiers it so depends on. 
Sceptical about the Greek bailout, the markets are rounding on the Spanish and Italian sovereign debts. For the Spanish press, the fault lies with those Europeans elites incapable of defending the single currency with a community response. 
Although Italy’s economic indicators are better than other countries', hedge funds have chosen to attack it because of the country’s huge public debt andThe last battleground stagnant growth. The fall of the eurozone’s third largest economy would deal a fatal blow to the common currency while providing enormous profit opportunities to speculators. 
In deciding to raise its key interest rate and guarantee Portuguese bonds, the European Central Bank has taken a stand against rating agencies. Without actually doing any favours for the countries in crisis, notes the European press. 
With the single currency at risk of collapse, the leaders of Europe’s 27 member states are set to meet for a European Council summit to finalise the details of a mechanism that is supposed to prevent a repeat of the Greek crisis. 
For many economists, debt restructuring is the only possible outcome of the Greek crisis — an option that the European Central Bank has systematically refused to acknowledge. Médiapart argues that it would at least have the advantage of bringing much needed transparency to the banking sector.