Spiegel March 9, 2010 A handful of European leaders want to move swiftly to create their own European take on the International Monetary Fund. The idea is to be able to independently address financial crises like that being experienced in Greece without the embarassment of turning to the IMF. But the move would be highly […]
The New York Times March 9, 2010 PARIS — Ten years after the euro, it’s still all about Germany, which isn’t the way it was supposed to be. In the run-up to the common currency’s debut in 1999, the air was thick with talk about harnessing Germany’s economic power, then enshrined in the mark. A […]
The New York Times March 9, 2010 JERUSALEM — Hours after Vice President Joseph R. Biden Jr. vowed unyielding American support for Israel’s security here on Tuesday, Israel’s Interior Ministry announced 1,600 new housing units for Jews in East Jerusalem. Mr. Biden condemned the move as “precisely the kind of step that undermines the trust […]
Spiegel March 8, 2010 Trans-Atlantic security needs have changed fundamentally in the last two decades. The East-West confrontation has ended, and Moscow now shares many interests with NATO. It is time for the alliance to open its doors to Russia, say German defense experts Volker Rühe, Klaus Naumann, Frank Elbe and Ulrich Weisser. more
The Wall Street Journal March 8, 2010 Germany expressed support for creating a “European Monetary Fund” that could bail out indebted nations in the euro zone, showing how Greece’s debt crisis is forcing Europe to rethink the institutional design of its common-currency area. more