Germany http://www.globalpost.com/taxonomy/term/19889/all en Nazi investigations reopened by Germany http://www.globalpost.com/dispatch/news/regions/europe/germany/111005/nazi-investigations-germany <p> German authorities are reopening hundreds of investigations of former Nazi death camp guards in an attempt to bring the last living Nazi war criminals to justice.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/germany/111005/nazi-investigations-germany" target="_blank">read more</a></p> Germany Nazis Germany Wed, 05 Oct 2011 16:39:00 +0000 Jordan Helton 5676927 at http://www.globalpost.com Shock and Awe: Bank of England announces a massive, new round of quantitative easing http://www.globalpost.com/dispatches/globalpost-blogs/europa/shock-and-awe-bank-england-announces-massive-new-round-quantitati <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> With the euro zone and the U.S. economies seizing up Britain's central bank pours more money on the economic crisis. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> &nbsp;</p> <p> <strong>British Understatement?</strong></p> <p> <strong>&quot;This is the most serious financial crisis at least since the 1930s, if not ever.&quot;</strong></p> <p> So spoke Sir Mervyn King, governor of the Bank of England yesterday. You don&#39;t get to be head of Britain&#39;s central bank by indulging in hyperbole.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/shock-and-awe-bank-england-announces-massive-new-round-quantitati" target="_blank">read more</a></p> Bank of England Germany Global Economic Crisis Home Mervyn King quantiative easing Europe Germany United Kingdom Europa Fri, 07 Oct 2011 07:01:00 +0000 Michael Goldfarb 5677150 at http://www.globalpost.com More down and up economic indicators in Europe and other stuff http://www.globalpost.com/dispatches/globalpost-blogs/europa/more-down-and-economic-indicators-europe-and-other-stuff <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Spanish debt downgraded amid hope that France and Germany have finally reached agreement on euro bailout. Plus other happenings around the continent </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p>Pulling string around the continent:</p> <p><strong>Economy</strong></p> <p><em>Degradation:</em>  Spanish debt was was downgraded two notches to A1 by Moody's yesterday. This makes it a hat trick of downgrades, as Fitch and Standard &amp; Poor's had already done the dirty to <a href="http://www.globalpost.com/internal/section-config/spain">Spain</a>. (more <a href="http://www.elpais.com/articulo/economia/Moody/s/sigue/estela/Fitch/S/26P/rebaja/escalones/deuda/Espana/elpepueco/20111018elpepueco_24/Tes">here</a> for those who read Spanish)</p> <p>Today's French papers are full of speculation that <a href="http://www.globalpost.com/internal/section-config/france">France</a>'s debt will be next. Moody's has put France "under surveillance." </p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/more-down-and-economic-indicators-europe-and-other-stuff" target="_blank">read more</a></p> Booker Prize euro zone crisis France Germany Home Jennifer Egan Julian Barnes Liam Fox Moody's ratings agencies Spain France Europe Germany Spain United Kingdom Europa GlobalPost Blogs Wed, 19 Oct 2011 08:59:00 +0000 Michael Goldfarb 5678404 at http://www.globalpost.com German authorities plant spyware on citizens’ computers http://www.globalpost.com/dispatch/news/regions/europe/germany/111027/spyware-scandal-germany <p> BERLIN &mdash; It&rsquo;s the stuff of modern nightmares...<br /> &nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/germany/111027/spyware-scandal-germany" target="_blank">read more</a></p> Germany Technology news Germany Technology Thu, 27 Oct 2011 16:19:09 +0000 Siobhan Dowling 5679413 at http://www.globalpost.com Europe: can anyone save it from itself? http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-can-anyone-save-it <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> As Italian bond yields reach unsustainable highs and world markets begin to fall, Europe faces the worst crisis of leadership since August 1914. And we all know how that turned out. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> <br /> A snapshot of a moment in history:</p> <p> November 10, 2011.&nbsp; Global stock markets are falling. The yield on Italian bonds continues to rise.</p> <p> A <a href="http://online.wsj.com/article/BT-CO-20111109-717471.html">German newspaper</a> reports that Chancellor Angela Merkel is going to float the idea of re-writing the rules governing the euro zone at her Christian Democratic Union party meeting next week. At present there is no mechanism for countries inside the euro to leave.</p> <p> Merkel reportedly wants a new treaty provision that defines the ways in which a nation can leave - or be asked to leave - if it doesn&#39;t meet the basic conditions of euro zone membership. You want to know the basic conditions?: an annual budget deficit no higher than 3 percent of GDP and a national debt lower than 60 percent of GDP.&nbsp; Italy&#39;s debt is currently 120% of GDP. Got the picture?</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-can-anyone-save-it" target="_blank">read more</a></p> Angela Merkel August 1914 China Davos EFSF euro zone crisis France G-20 Germany Greece Home IMF Italy Nicolas Sarkozy Silvio Berlusconi France Europe Germany Italy United Kingdom Europa GlobalPost Blogs Thu, 10 Nov 2011 10:47:00 +0000 Michael Goldfarb 5680875 at http://www.globalpost.com Europe: the wisdom of markets? http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-the-wisdom-markets Do bond markets know what they're doing?<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-the-wisdom-markets" target="_blank">read more</a></p> bond markets economic growth France Germany Home Jose Luis Rodriguez Zapatero Mariano rajoy Spain United States of America Americas France Europe Germany United Kingdom United States Europa Tue, 15 Nov 2011 18:40:26 +0000 Michael Goldfarb 5681397 at http://www.globalpost.com Britain: Unemployment Up ... Living standards high? http://www.globalpost.com/dispatches/globalpost-blogs/europa/britain-unemployment-living-standards-high Economic statistics paint a variable picture of life in Britain<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/britain-unemployment-living-standards-high" target="_blank">read more</a></p> Britain British unemployment Germany Home McDonald's Rochdale standard of living Europe Germany United Kingdom Europa Wed, 14 Dec 2011 11:27:31 +0000 Michael Goldfarb 5684206 at http://www.globalpost.com Europe: Markets easing up http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-markets-easing Christmas? or a sense that perhaps the patient has stabilized?<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-markets-easing" target="_blank">read more</a></p> Bloomberg euro zone crisis Germany Home Regions Spain Europe Germany Spain Europa GlobalPost Blogs Tue, 20 Dec 2011 17:15:09 +0000 Michael Goldfarb 5684688 at http://www.globalpost.com A tale of two nations: German optimism, British pessimism http://www.globalpost.com/dispatches/globalpost-blogs/europa/tale-two-nations-german-optimism-british-pessimism German manufacturers say 2012 looks good, a new report predicts British unemployment rate will rise<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/tale-two-nations-german-optimism-british-pessimism" target="_blank">read more</a></p> Britain Der Spiegel Germany Home Regions unemployment Europe Germany United Kingdom Europa GlobalPost Blogs Wed, 28 Dec 2011 10:09:26 +0000 Michael Goldfarb 5685270 at http://www.globalpost.com Europe unemployment: lows and highs http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-unemployment-lows-and-highs A tale of two Europe's: German unemployment down, Spanish unemployment up<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/europe-unemployment-lows-and-highs" target="_blank">read more</a></p> German reunification Germany Home Regions Spain Spanish unemployment Europe Germany Spain Europa GlobalPost Blogs Tue, 03 Jan 2012 13:56:46 +0000 Michael Goldfarb 5685712 at http://www.globalpost.com Scandal threatens German president http://www.globalpost.com/dispatches/globalpost-blogs/europa/scandal-threatens-german-president <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Christian Wulff, a key ally of Angela Merkel, in trouble over questionable home loan and threats against papers reporting about it. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> Any politician worth his salt knows: you don&#39;t pick fights with the press when they are reporting on your personal finances. Fight them over big policy issues, not the interest free loan you got from a rich supporter to buy a house.</p> <p> German president Christian Wulff clearly forgot that when he called the editor of Germany&#39;s largest selling paper, Bild, Kai Diekmann, to complain about coverage of a loan from the wife of a rich friend.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/scandal-threatens-german-president" target="_blank">read more</a></p> Angela Merkel Christian Wulff FT Deutschland Germany Home Regions scandal Europe Germany Europa GlobalPost Blogs Wed, 04 Jan 2012 12:27:58 +0000 Michael Goldfarb 5685873 at http://www.globalpost.com Germany's shadow currency? http://www.globalpost.com/dispatches/globalpost-blogs/europa/germanys-shadow-currency <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> In some places the deutschmark is still coin of the realm </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> On the tenth anniversary of the euro, there are still places in Germany where the deutschmark is accepted as legal tender. Apparently this is not an exercise in nationalism or nostalgia.</p> <p> Germany is a country where people <a href="http:// http://www.oecd-ilibrary.org/economics/household-saving-rates-forecasts_2074384x-table7">save</a> - as opposed to the U.S. - and there are still billions of deutschmarks in banks, under mattresses, wherever.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/germanys-shadow-currency" target="_blank">read more</a></p> deutschmark euro euro zone crisis Germany Home United States Americas Business Debt Crisis Europe Germany United States Europa GlobalPost Blogs Mon, 09 Jan 2012 09:01:00 +0000 Michael Goldfarb 5686429 at http://www.globalpost.com Merkel warns Greece on second bailout http://www.globalpost.com/dispatch/news/business-tech/debt-crisis/120109/merkel-warns-greece-second-bailout <p> Speaking at a joint news conference in Berlin with French President Nicolas Sarkozy, Merkel told reporters &ldquo;the second Greek aid package... must be in place quickly. Otherwise it won&rsquo;t be possible to pay out the next tranche for Greece.&quot;</p> <p><a href="http://www.globalpost.com/dispatch/news/business-tech/debt-crisis/120109/merkel-warns-greece-second-bailout" target="_blank">read more</a></p> Debt Crisis Europe Germany Business Debt Crisis Europe Germany Mon, 09 Jan 2012 16:41:00 +0000 Luke Browne 5686487 at http://www.globalpost.com Euro zone crisis: has a corner been turned? http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-zone-crisis-pause-reflection <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> The atmosphere is calmer these days - politically and in the bond markets. Why? </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> There is probably no riskier form of behavior for a blogging journalist than to claim that a corner has been turned in solving the euro zone&#39;s debt crisis but two weeks into the New Year it feels like something has changed - and changed for the better.</p> <p> It may be a moment akin to something in an episode of ER where the patient is in the emergency room and the crash carts have been deployed and vital signs have stabilized and the family - you and me and everybody in the world who understands that a euro crash will mean Great Depression MkII - are taking a deep breath, sipping tepid coffee, and feeling tentatively hopeful that the patient will make it.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-zone-crisis-pause-reflection" target="_blank">read more</a></p> Angela Merkel bond markets ECB ER euro zone debt crisis France Germany Greece Home Italy Mario Draghi Mario Monti Nicolas Sarkozy Regions Business Debt Crisis France Europe Germany Global Economy Italy Europa Fri, 13 Jan 2012 12:52:00 +0000 Michael Goldfarb 5687235 at http://www.globalpost.com Euro zone debt crisis: focus returns to Greece http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-zone-debt-crisis-focus-returns-greece <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Negotiators head to Athens to try and nail down agreement on bail-out </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> You may have thought the Greek crisis was pretty much over. After all the headlines from last November were: Greek bondholders agree to take a haircut and the country&#39;s Prime Minister George Papandreou resigns to be replaced by a technocrat named Lucas Papademos, who is more congenial to the needs of the EU&#39;s leadership in Brussels, and more important, to German Chancellor Angela Merkel.</p> <p> But as focus shifted to Italy and now to France, the Greek situation has remained bogged down in details. This week Greece&#39;s creditors in banks and hedge funds (not necessarily interested in the same outcome) plus representatives of the &quot;Troika&quot; (EU, IMF and European Central Bank) descend on Athens for an intensive round of negotiations with the Greek government.</p> <p> <a href="http://www.guardian.co.uk/business/economics-blog/2012/jan/15/greece-troika-debt-eurozone-crisis">Larry Elliott</a> at The Guardian has the best line of the day on the event. &quot;It is international finance&#39;s version of Sartre&#39;s Huis Clos, a vision of hell where three people who loathe each other are stuck in a room for eternity.&quot;</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-zone-debt-crisis-focus-returns-greece" target="_blank">read more</a></p> athens ECB EU euro zone debt crisis France George Papandreou Germany Greece Home Huis Clos IMF Italy Jean-Paul Sartre Lucas Papademos Regions Troika Business Debt Crisis France Europe Germany Italy Europa GlobalPost Blogs Mon, 16 Jan 2012 09:54:32 +0000 Michael Goldfarb 5687512 at http://www.globalpost.com