Roberto Abraham Scaruffi

Monday, 25 June 2012


SPIEGEL ONLINE INTERNATIONAL NEWSLETTER
Compiled on June 25, 2012, 06:53 PM CET
SPIEGEL Interview with Finance Minister Schäuble

'We Certainly Don't Want to Divide Europe'

German Finance Minister Wolfgang Schäuble believes that only further EU integration can save the euro. SPIEGEL spoke with him about how the currency can be strengthened, the hurdles presented by Germany's constitution and what the 27-member club might look like in five years.

Many Questions Remain

Spain Officially Requests Aid for its Ailing Banks

On Monday, the Spanish government in Madrid officially requested EU aid for its troubled banks. Spain will be expected to reform its financial industry in exchange for help, but who will determine the conditions that are applied? SPIEGEL ONLINE answers the most pressing questions.

Imagining the Unthinkable

The Disastrous Consequences of a Euro Crash

As the debt crisis worsens in Spain and Italy, financial experts are warning of the catastrophic consequences of a crash of the euro: the destruction of trillions in assets and record high unemployment levels, even in Germany. By SPIEGEL Staff

US Deficit 'Higher than Euro Zone's'

Germany Rejects Obama's Criticism in Euro Crisis

In a sign of tensions between Berlin and Washington, German Finance Minister Wolfgang Schäuble said on Sunday that President Barack Obama should focus on cutting America's own budget deficit before advising Europe on how to tackle its debt problems.

Queen to Unveil WWII Monument in London

Germans Grudgingly Accept Bomber Memorial 

A memorial to the airmen killed flying bombing raids against Germany in World War II will be unveiled in London on Thursday. The project has been criticized in Germany, where many see the devastating attacks as criminal. But there is grudging acceptance here of Britain's desire to honor its dead.

New Joint Projects

BMW and Toyota Plan Closer Cooperation

BMW and Toyota plan to broaden their planned cooperation beyond diesel engines and battery technology and to work together in other areas, SPIEGEL has learned. The alliance will be announced shortly. The two carmakers can benefit from each other's know-how.

Islamist in the Presidency

Egypt's Powerless New Head of State

Muslim Brotherhood candidate Mohammed Morsi has won presidential elections in Egypt, but the country's military stripped the office of its powers before his victory was even announced. Facing a deeply divided populace and a crippled economy, the new head of state faces an uphill battle.

The World from Berlin

New Egyptian President Faces 'No-Win Situation'

Muslim Brotherhood candidate Mohammed Morsi may have won Egypt's presidential election, but he still faces massive challenges. German commentators on Monday question whether he can overcome the military establishment's resistance to democracy.

Five Years of Velib

How Cycling Became Chic in Paris

Once upon a time, only a small number of Parisians rode bikes, but the French capital city's Velib bike rental system has shaken up the way locals move from Point A to Point B. Five years after their debut, cycling has become cool in Paris -- and there are fewer cars clogging up the city center.

Picture This

Football Fever