Germany

German Chancellor Angela Merkel is feeling pressure to force German banks to take a haircut on Greek debt by both her own party and opposition leaders (like Frank-Walter Steinmeier, the former Vice Chancellor and now head of the opposition…

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This isn’t about economics anymore, this is now about who does what, when, and how everyone else reacts. Certainly the news that Greek bonds hit another post-EMU record high yesterday can hardly be said to have come as a surprise. 10-year…

The Maginot Line, named after French Minister of Defense André Maginot, was a line of defenses which France constructed along its borders with Germany and Italy after suffering appalling damage and casualties during World War I. The French…

Well, it seems the EU leadership have finally been able to take a decision on what to lend and what to charge (see original post here). According to initial press reports the German government has decided in principal to participate in…

Angela Merkel is a Chemist. In her doctoral thesis - entitled "Untersuchung des Mechanismus von Zerfallsreaktionen mit einfachem Bindungsbruch und Berechnung ihrer Geschwindigkeitskonstanten auf der Grundlage quantenchemischer und…

Intel demos software that reads your mind | Cutting Edge – CNET News FT.com – Merryn Somerset Webb: Debt debacle is not going to go away Polish President, Bank Chief in Plane Crash, Reports – Bloomberg.com East Germany's…

Media reports suggest that a recent article in German daily Frankfurter Rundschau are what have triggered the latest selloffs in Greek sovereign debt (See the Telegraph's account here; hat tip Swedish Lex). This article leaked portions of a…

(click pictures for better viewing) It was hard not to sense that part of the IMF's recent inquiry into Germany's economy was also aimed at asking the country to eat a little bit of humble pie in the context of the ongoing difficulties…

Bank failure watch FDIC Pares Aid for Bank Buyers – WSJ.com New York Community Bank, Westbury, New York, Assumes All of the Deposits of Desert Hills Bank, Phoenix, Arizona Bank of the Ozarks, Little Rock, Arkansas, Assumes All of the…