After rejecting a euro-zone bailout deal on Tuesday night, Cyprus is now desperately searching for funding. Should aid not be found soon, the country's banks might remain closed until next week. Meanwhile, criticism of Germany's... more ››
A rescue that would have achieved a restructuring of Cypriot banks on lenient terms for the country’s citizens would have cost German taxpayers next to nothing. It could have provided a model for the next phase of financial... more ››
Because the election there was so close, questions have emerged about how cooperative Italy will be in the future. Not only does that threaten Merkel's own combined, European approach to dealing with this crisis; it also makes... more ››
Anti-euro political parties in Europe in recent years have so far tended to be either well to the right of center or, as evidenced by the recent vote in Italy, anything but staid. But in Germany, change may be afoot. A new party... more ››
