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A Weaker Euro for A Stronger Europe

A Weaker Euro for A Stronger Europe

What can be done to help the “crisis economies” of southern Europe reduce their external deficits? The debate is often presented as a conflict between the deficit-burdened PIIGS – Portugal, Italy, Ireland, Greece, and Spain – and the eurozone’s current-account-surplus countries, particularly Germany. But a new and more important imbalance has emerged in recent years: […]

More Spanish learn German

More Spanish students are learning German, according to the Goethe Institute of Madrid, an institution globally promoting German culture and language. Registrations for German classes increased by 60% in 2012, on top of a 40% increase the year before, an Institute spokesman reported. “Never before, has the German brand had such renown,” Goethe Institute staffers […]

Germany most influential

Germany is viewed as the country with the “most positive influence” in the world, according to the BBC’s annual Country Ratings Poll. Interviewing 26,000 people from 25 countries by phone or face-to-face between December 2012 and April 2013, subjects were asked by GlobeScan/PIPA (Program on International Policy Attitudes) to rate 16 countries and the European […]

Should Germany Exit the Euro?

Should Germany Exit the Euro?

Last summer, financier George Soros urged Germany to agree to the establishment of the European Stability Mechanism, calling on the country to “lead or leave.” Now he says that Germany should exit the euro if it continues to block the introduction of eurobonds. Soros is playing with fire. Leaving the eurozone is precisely what the […]

Spain: An Under-Developing Country

Spain: An Under-Developing Country

In early August, the inconceivable happened, at least for a developed country: Trade unionists in Andalusia in southern Spain staged a raid on supermarkets in the famed cities of Seville and Cadiz, filling their carts with staples like cooking oil, milk, sugar, rice and fresh vegetables; 1,500 kg of food that was brought to a […]

Spain: The Party’s Over

Spain: The Party’s Over

It was 7:30 on an ordinary weekday in Toledo, in the heart of Castile. In front of the local public employment agency, which would open at 8:00, dozens of people young to middle-aged waited in a long line. Their resigned expressions, drooping shoulders and aura of hopelessness drew a picture of Spain’s new reality, of […]

Treating Festival Fever

Treating Festival Fever

The Viennese are forever culture-bound, off discussing philosophy in coffee houses, attending art gallery openings or going to one of the city’s great theatres to watch Goethe or Grillparzer. But sometimes, they need to get down and dirty: And when grown men and women crawl along the ground, smearing themselves and each other with mud, […]

The Call of The Hunt

“I am very sorry. I made a mistake and it will not happen again,” were the eleven words the Spanish king Juan Carlos managed to emit by way of an apology. The monarch had come under fire in April for going on a €10,000 a day hunting trip to Botswana, allegedly sponsored by a Syrian […]

Spain’s Indignados

At least 20 people, including seven police officers, were injured in clashes between riot police and protesters in Madrid on the night of Aug. 4 when demonstrators were stopped from entering the central square Puerta del Sol, a focus point of anti-government protests. It was the most serious incident since the movement began on May […]

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