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Photograph by Sean Gallup/Getty Images

Photograph by Sean Gallup/Getty Images

Merkel Reigns on Cyprus — Not

Yesterday was the big German parliamentary decision on aid for Cyprus, and the burning question was whether Chancellor Angela Merkel would hold her coalition together or, as in past Bundestag crisis-management moments, rely on opposition votes to pass the package....

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Photograph by Georges Gobet/AFP/Getty Images

Photograph by Georges Gobet/AFP/Getty Images

Monti’s Virtue vs. Germany’s Vices

For once, Mario Monti had a sympathetic audience — dozens of European officials he mingled with and presided over during a 10-year European Commission career that, by the looks of it, he will remember more fondly than the 15 months...

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Photograph by Alessia Pierdomenico/Bloomberg

Photograph by Alessia Pierdomenico/Bloomberg

Italy’s Vote Was Bersani’s to Lose, and He Almost Pulled It Off

The Italian elections were his to lose, and Democratic Party leader Pier Luigi Bersani did a really good job of almost doing just that. Bersani, a former communist who backed Prime Minister Mario Monti’s technical government, squandered a 15-point poll...

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Photograph by Franco Origlia/Getty Images

Photograph by Franco Origlia/Getty Images

Pope, Music Festival May Have Clipped Berlusconi’s Poll Momentum

Pope Benedict XVI’s surprise resignation and the popular San Remo music festival may have clipped some of former Prime Minister Silvio Berlusconi’s momentum in the campaign for Italy’s end-of-month election amid a blackout on opinion polls. Pope Benedict’s Feb. 11...

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Photograph by Thomas Trutschel/Photothek via Getty Images

Photograph by Thomas Trutschel/Photothek via Getty Images

Calls for Spanish Premier to Quit Echo Attacks That Made Aznar

Spain’s socialist opposition leader Alfredo Perez Rubalcaba is trying to make the most of graft allegations against Prime Minister Mariano Rajoy. His campaign to get Rajoy to quit brings back memories of when the Socialist Party was ejected from power...

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Photograph by Ursula Alter/Getty Images

Photograph by Ursula Alter/Getty Images

France Is Psyched for Deficit Valentine

Meeting budget-deficit targets isn’t France’s strong suit, but it’s looking increasingly likely that President Francois Hollande will be given some breathing space next week, when the European Commission puts out economic forecasts for the euro zone. The previous forecasts, in...

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Photograph by Alessia Pierdomenico/Bloomberg

Photograph by Alessia Pierdomenico/Bloomberg

Monte Paschi Provides Fodder for Berlusconi Attacks on Rivals

Revelations that Banca Monte Paschi hid details of structured finance deals that may produce hundreds of millions of euros in losses is embroiling everyone from Italian Prime Minister Mario Monti to European Central Bank President Mario Draghi, while providing fodder...

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