| SPIEGEL ONLINE | INTERNATIONAL NEWSLETTER |
| Compiled on July 26, 2012, 06:01 PM CET |
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'There's No More to Squeeze'
Greeks Live in Dread of Troika Verdict Financial inspectors from the troika have arrived in Greece to draft their final report on whether the country has made enough progress with its austerity and reform efforts. But many Greeks have already lost hope and are counting on the worst -- an exit from the euro zone. |
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Solving the Euro Crisis
How Greece Could Save on Defense Spending Greece is struggling to achieve the deep cuts demanded by its international creditors. But the country's military budget still offers plenty of room for trimming. Athens, though, has refrained from tackling the primary problem: too many soldiers and too many military bases. |
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Killed in Action
US Still Bringing Home WWII Dead This month, an archeological team is excavating a site in Belgium in hopes of recovering the remains of American airmen whose bomber went missing during the Battle of the Bulge. Their efforts highlight a massive US military mission that is becoming increasingly important as time goes by. |
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Summer Stress
China's Elite Wrangle Over New Leadership Since the days of Mao, China's communist elite has retreated to the seaside resort of Beidaihe to escape the summer heat. But this year, instead of just relaxing, it must also deal with the complicated issue of who will hold the future reins of power in a time of political and economic turmoil. |
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ECB Signals Bond Purchases
Markets Surge after Draghi Vows to Protect Euro It was the signal investors were waiting for. The European Central Bank "is ready to do whatever it takes to preserve the euro," its president, Mario Draghi said on Thursday. Markets leapt because the statement was a strong signal that the ECB will resume its program to buy the bonds of struggling euro nations. |
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Spiralling Borrowing Costs
Euro Zone Weighing New Help for Spain Spanish borrowing costs have become a major concern for the euro zone. Now, however, help may be on the way. According to a German paper, euro-zone finance ministers may instruct the EFSF bailout fund to begin buying Spanish bonds on the secondary market to push down interest rates. |
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German Village Outraged
Mystery Memorial Honors Far-Right Assassins Unknown sympathizers have placed a memorial stone on the graves of the two men who in 1922 assassinated Walther Rathenau, Germany's Jewish foreign minister during the Weimar Republic. People in the village of Saaleck suspect right-wing extremists were behind the stunt. |
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Accused of 'Dumping'
Chinese Firms Warn EU against Solar Trade War This week, a group of European solar panel firms asked the European Commission to levy punitive tariffs on their Chinese rivals, who they accuse of selling products at unfairly low prices. Chinese manufacturers are outraged, warning on Thursday that a trade war could be brewing. |
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Undue Suffering
Circumcision for Non-Medical Reasons Is Wrong As the debate over the medical ethics of circumcision rages in Germany, some have argued that the practice provides health benefits. But many in the medical community disagree. Circumcision is not in the best interest of boys who undergo the procedure. |
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The World from Berlin
'Germany Does Not Have a Valid Voting Law' Germany's Constitutional Court on Wednesday ruled that the laws governing elections in the country are unconstitutional. The verdict leaves Germany without valid voting laws just over a year before the next scheduled general elections. Commentators say Chancellor Merkel's coalition is at fault. |
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Picture This
Below Water |
