Despite positive growth in France and Germany, official figures show the 17-nation euro bloc sinking into its second recession since 2009—with experts warning the worst is yet to come.
Germany
France ‘Biggest Problem’ in Euro Crisis, Say German Officials
France smarts at German comments despairing French economic response to the euro crisis, and media reports contending Berlin is preparing a To-Do reform list for sluggish leaders in Paris.
Five Countries Where the U.S. Election Matters Most
From Syrian rebels to polar bears, global stakeholders hope for changes after Tuesday’s U.S. presidential election
A Kinder, Gentler Merkel Comes Calling in Athens
The German Chancellor hasn’t given up on her austerity push, but she isn’t about to show Greece the E.U. door
Must-Reads from Around the World
On deck for Tuesday: Experts say sub-Saharan Africa could produce a lot more wheat to improve food security, German Chancellor Angela Merkel visits Greece and North Korea claims to have missiles capable of reaching the American mainland.
Munich’s Oktoberfest – Inside the World’s Biggest Beer Festival
Millions of beer drinkers descend on the Bavarian capital for the 179th Octoberfest, which runs from Sept. 22 until Oct. 7, 2012. Germany’s famous fair is the world’s largest, attracting more than six million people annually from …
In Autumn’s Challenges, a Series of Existential Crises for the Euro
The fate of the euro will be repeatedly tested in coming weeks, as the European Central Bank, markets, legal experts and politicians all weigh in from opposing sides in the struggle to preserve the tormented common currency
French President Hollande Embarks on His Own Mission Impossible
Under fire for not moving faster to mend France’s economy, Socialist President François Hollande is both pushing for further stimulus spending while also trying to slash budgets.
How Is Samaras Doing? So Far, the Euro Zone Likes the New Greek Leader
There is a lot of hardship ahead but so far Merkel and the Germans like what they hear from the Greek Prime Minister. Will the honeymoon last?
How France Is a Microcosm for the Euro-Zone Crisis
Renewed urban violence in France and continuing instability of the euro offer reminders that economic disparities and widening divisions can only be remedied through the difficult work of integration
Europe’s Good News: Economic Decline Is Bad, but Could Be Worse
A flurry of new economic data in Europe indicates that the slide of the euro zone toward recession isn’t as rapid as some had expected — though it is still steady enough to represent a major threat to the global economy
Austerity May Begin to Toll for France As Well
A big French carmaker makes painful cuts even as it grows increasingly clear that Hollande may have to inflict austerity on France.
E.U. Summit: Up All Night, But Consensus Finally Reached
Billed as the “last chance” summit to contain the escalating euro crisis, the meeting of EU leaders produces measures to relieve short-term financial pressures on vulnerable members, and lay the framework for significant …