German High Court Clears European Stability Mechanism
The court turned back several challenges to the ESM, although it did attach conditions to the move.
Germany, France Discuss United Front Against Lenience for Greece
Despite Greece's attempt to win additional time to comply with bailout conditions, Chancellor Merkel of Germany and President Hollande of France were discussing ways to send a firm message that Athens must adhere to its original conditions.
Eurozone Slumps Further as Fidelity Predicts Bailouts for Spain, Italy
Despite the formation of a new government in Greece and a rescue for the banking sector in Spain, it looks as if a long, hot summer is in store for the eurozone.
Merkel Wins Greek Rescue Approval
One of Merkel’s own Cabinet ministers, Interior Minister Hans-Peter Friedrich, had earlier called for an expulsion of Greece from the eurozone rather than allowing it to remain and have Germany be compelled to provide further assistance.
German Parliament Wants Input on EU Deals
German Chancellor Angela Merkel’s party has fired a shot across the bow of future European Union deals: It wants more say in any agreements with European partners, and intends that all future such arrangements must be approved by Parliament.
Greece's Wings of Wax
Weekend interview: Jacob Kirkegaard at the Peterson Institute for International Economics.
Weekend Interview: Greece's Wings of Wax--Will Greece Default, and What's Next for the Euro?
Jacob Kirkegaard breaks down the Greek debt crisis