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The EU Gang of Four – Part III

Germany was the odd-man-out at the recent defense summit between the German and French presidents and Belgian and Luxembourgian premiers: Chancellor Schröder’s government has been the one trying the...

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Savior For Greece – or Administrator?

Greece has been having its well-known fiscal problems, but there’s no way that it should resort to going to the International Monetary Fund for money to help out. Quite apart from some technical...

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More Divisions over Greece

The financial travails of the Greek government go on, and will do so for some time even in the best of scenarios. So at least one thing is fixed: simple arithmetic quite clearly shows a noticeable...

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Greek Problems, German Concerns

Today is the day EU heads-of-government convene in Brussels for yet another summit. There will be an elephant in the room, a problem that needs to be handled – Greece, of course – but which some...

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Shut Your Big German Mouth!

Don’t look now, but another EU sovereign debt crisis is creeping up. This can be seen in the effective interest rates currently paid for the obligations of the usual problematic countries – Greece, of...

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No More “Dr.” In The House?

Even for people coming from neighboring countries, moving to Germany involves making some cultural adjustments, and one of the main ones involves name-titles: Germans love them! They include them in...

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