Euro Bailout Fund: Germans Pay Less Than Their Neighbors – 20 September 2013

Germany pays less per person for the euro bailout than Luxembourg, Ireland, the Netherlands and Finland.

A new study shows that Germany contributes less per person to the permanent euro bailout fund than residents of several other countries in the European Union. Luxembourg, Holland and Ireland are among the nations paying more per capita.

Read the whole story at : www.spiegel.de / link to original article

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Der Spiegel – Christian Rickens – EU Banking Deal: Why It Will Be Ignored In Times Of Trouble – 28 June 2013

People queue up outside a bank in Nicosia: The bail-in seen in Cyprus will now be the standard for Europe.

Under a new EU deal on banking liquidations, banks and investors are supposed to get hit before taxpayers. The stricter the rules, though, the less likely politicians are to follow them. Here’s how this might play out in the next crisis.

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Der Spiegel – About Face: Chancellor Merkel Cools On European Integration – 25 June 2013

German conservatives have long been passionate supporters of increased European integration. But lately, Chancellor Angela Merkel has applied the brakes to the process. Brussels, she believes, has become part of the problem.

Just one year ago, the German chancellor was calling for “more Europe, not less.” But now she has completed a radical about-face. At the EPP summit in the Vienna Kursalon concert hall last Thursday, Merkel showed that she had transformed herself into an EU-skeptic. Her conservative colleagues were left with the impression that the German chancellor now believes that there is too much Europe.

Merkel spoke with notable frequency about the problems associated with choosing a candidate to represent the party on a European level. And in the end, the group made no progress on its platform or on the issue of a candidate….

Read the whole story at : www.spiegel.de / link to original article

Der Spiegel – Charly Wilder – ‘Ich Bin Ein Berliner’: Obama Invokes Kennedy In Speech – 20 June 2013

US President Barack Obama in front of the Brandenburg Gate in Berlin: “We are also citizens of the world.”

Fifty years after John F. Kennedy’s legendary Berlin visit, Barack Obama wowed the city with a rousing speech at the Brandenburg Gate, saying all oppressed people are “citizens of Berlin” — and urging the world to help free them.

Read the whole article at : www.spiegel.de / link to original article

Der Spiegel – Chemical Weapons Charge: Berlin Rules Out Arms For Rebels – 15 June 2013

The United States has shifted its course on Syria following chemical weapons revelations, but international support is limited. Germany refuses to arm the insurgents, and Russia is openly critical of President Obama.

Read the whole story at: www.spiegel.de / link to original article

Der Spiegel – Peter Bofinger – ECB Case At High Court : The Bundesbank Is Playing A Dangerous Games – 10 June 2013

ECB President Mario Draghi (left) and Bundesbank President Jens Weidmann disagree on bond buying.

With its opposition to the ECB’s bond-buying policy, the German central bank is pursuing a risky strategy that may stem in part from a desire to enhance its own power. Germany’s Constitutional Court will hold a key hearing on bond buying this week.

Read the whole story at : www.spiegel.de / link to original article

Der Spiegel – Raniah Salloum – ‘Outraged And Disturbed’: Germany Blasts Egyptian Nonprofit Verdict – 5 June 2013

( Lucas : The outrage is a sign something is seen right! The NGO’ s – Non-Governmental Organizations aligned with the U.N. and other structures of influince of  the World’s  policies and controls is getting exposed. Hidden lobby, hidden agendas and finance structures. Is the outrage truly honest? You decide and read about UN-agendas and NGO’ s  helping for example to role out programs for vaccinations, etc, etc which are part of Agenda 21. Just read more on the net!)

An Egyptian court found dozens of nonprofit workers guilty on Tuesday and closed down the offices of a number of NGOs. The German government called the verdict an outrage.

An Egyptian court on Tuesday handed down a harsh verdict in a trial against foreign-funded nonprofit organizations, and sentenced 43 NGO workers to up to five years in jail. The German foundation Konrad Adenauer Stiftung, which is associated with Chancellor Angela Merkel’s Christian Democratic Union party, was among the organizations affected, with former KAS branch head Andreas Jacobs likewise convicted on Tuesday. The court ordered that assets be seized from several of the NGOs as well, including three from the US.

Read the whole story at: www.spiegel.de / link to original article

Der Spiegel – Markus Dettmer And Christian Reiermann – Merkel Maligned: IMF Board Attacks Euro Crisis Management – 3 June 2013

IMF Managing Director Christine Lagarde (L) confers with German Finance Minister Wolfgang Schäuble during an IMF meeting in April.

The EU’s bailout of Cyprus has elicited unusually frank and vehement criticism from the finance experts grouped in the IMF’s Executive Board. Their damning indictment at an IMF meeting in May reflects global skepticism, especially in emerging economies, about the euro zone’s crisis management. 

Der Spiegel – Blokupy Protest Surrounds European Central Bank In Frankfurt – 31 May 2013

(Lucas: Is it just the rattling of the cages or is it freedom from oppression truly shown. Notice the immense police force again.)

An estimated 2,500 supporters of the anti-capitalist group “Blockupy” demonstrated in the German financial capital of Frankfurt on Friday, blocking access to the European Central Bank (ECB) in protest of euro-crisis austerity policies.

Der Spiegel – World From Berlin: ‘Austerity Is Making European Economy Sicker’ – 16 May 2013

(Picture :  The German economy is still growing, but only barely. Here, the port of Bremerhaven.)

The European common currency zone has now been in recession for six straight quarters, with three of the bloc’s four largest economies now suffering persistent negative growth. Could the Continent’s pursuit of austerity be backfiring? German commentators believe the answer is yes.

Japan can finally breathe a sigh of relief. After more than a decade of economic stagnation, the country’s economy is growing again, fuelled by the massive stimulus measures taken by new Prime Minister Shinzo Abe.

Read the whole article at:  www.spiegel.de / link to original article