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Merkel and Sarkozy call for new euro pact
Economy

Merkel and Sarkozy call for new euro pact

France and Germany want a new EU treaty by March with tougher budgetary rules to deal with the eurozone debt crisis, President Nicolas Sarkozy and Chancellor Angela Merkel said after crisis talks Monday.
German Commissioner calls for eurobonds
euro

German Commissioner calls for eurobonds

Germany's EU Commissioner Günther Oettinger has added his voice to those calling on Germany to give up its firm rejection of eurobonds as a means to ending the eurozone’s debt crisis.
Germany's leadership to euroblivion
Economy

Germany's leadership to euroblivion

With Europe's sovereign debt crisis now threatening the survival of the euro, Germany will need to do more than simply force austerity on its neighbours, writes The Local's Marc Young.
German identity - cemented in the euro
Economy

German identity - cemented in the euro

As Europe's sovereign debt crisis continues to simmer, Germans are wondering if they can afford to save the euro – or not to. NPR’s Berlin correspondent Eric Westervelt reports.
Can eurobonds solve Europe's debt crisis?
Economy

Can eurobonds solve Europe's debt crisis?

As Europe continues to grapple with its sovereign debt crisis, one possible solution being mooted is jointly underwritten eurobonds for the 17 eurozone countries. NPR’s Berlin correspondent Eric Westervelt explains what they are and why Germany doesn’t much like them.
Media roundup: Plotting the euro's future in Paris
Europe

Media roundup: Plotting the euro's future in Paris

With the eurozone debt crisis still simmering, Germany and France have proposed an economic government for Europe’s currency union. But newspapers in The Local’s media roundup aren’t so sure it will be enough to save the euro.
Eurobonds could stop the downward spiral
Europe

Eurobonds could stop the downward spiral

The German government doesn't think eurobonds will help Europe out of its debt crisis, but it's high time Chancellor Merkel gave up her stubborn resistance to them. A commentary by Marcus Gatzke from ZEIT ONLINE.