FRANKFORT | Frankfurter Allgemeine Zeitung‘s editor Frank Schirrmacher: ”What sovereign rights and competences do we have to transfer, also Germany, to build a strong continent? Europeans will have to decide what price are we ready to pay for a cooperative Europe.”
All posts by Lidia Conde
Monday’s chart: hopeful about the Ibex
During the rest of the year, the Ibex should improve its performance against the SMC, according to BNP Paribas broker.
Klaus Hafemann: “Spanish debt interests are 3% of GDP, much lower than in 1996″
Klaus Hafemann, director of the Cologne Institute for Economic Research: “Almost no German likes the idea that the ECB could expand its monetary-policy mandate to actively finance states. But sometimes you have to do things you do not like.”
Berthold Huber: “We need a democratically elected European government”
“From 2010 till now German industry has made great business and has recorded excellent benefits. Many companies thought this was going to go on forever. It is not.” The words of Berthold Huber, president of the powerful IMF union.
Germany’s boom is wreaking the country
FRANKFURT | Public pensions will be cut down by 2 percent, leaving many retired workers with less than €600 a month. That is under the minimum wages deemed sufficient in the country. Shocked? Don’t be. Look behind the picture of a wealthy Germany.
Helga Jung: “We’ll get out of the crisis with a fiscal and political integration”
Helga Jung is the first woman to enter the board of Allianz, the largest insurance pool in the world, in the center of German finance. The group became Allianz Societas Europaea (SE) in 2006. With more than 78 million customers, 142,000 employees and a global presence in 70 countries, Allianz obtained an operating income of €7.9 [...]
Chancellor Merkel should remember that Spain is not Germany
FRANKFORT | That is the view from Berlin: the biggest problem Germany contends with is Europe. And this is so particularly because of this fact, more than 17 million people are unemployed in the euro zone. But while in Austria the unemployment rises to 4.2% and 5.7% in Germany, the Spanish labour market suffers the tragedy of [...]
Germany and the fear crisis
By Lidia Conde, in Frankfort | ‘Is the world coming to an end?‘ That was the headline of a feature on the financial crisis published by the Hamburg intellectual weekly Die Zeit. The answer of the many experts and professionals consulted was: yes. Die Zeit quoted Karlheinz Kögel, an entrepreneur from Tyrol specialized in the sale of survival [...]
