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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 Simon Dawson/Bloomberg

Photograph by Simon Dawson/Bloomberg

ECB’s Emergency Cash Becomes Last Bulwark Against Chaos

The euro area has just come as close as it ever has to learning that what the European Central Bank gives, it can also take away. Before euro-area ministers agreed a last-ditch bailout in the small hours of Monday morning,...

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Photograph by Sean Gallup/Getty Images

Photograph by Sean Gallup/Getty Images

Banker-Bonus Rules Stoke Tempers in Berlin

Draft rules to scale back banker bonuses were enough to prompt a public spat yesterday between Deutsche Bank co-Chief Executive Officer Juergen Fitschen and German Finance Minister Wolfgang Schaeuble as the two men sat side-by-side on a panel discussing finance...

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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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Peer Steinbrueck at an Ash Wednesday political event Feb. 13, 2013

Photograph by Christof Stache/AFP via Getty Images

Peer Steinbrueck at an Ash Wednesday political event Feb. 13, 2013

Steinbrueck Goes Peer-Shaped in Brussels

Peer Steinbrueck made a German campaign cameo in Brussels today and left everyone wondering how he would manage the crisis differently than the woman he is trying to oust in next fall’s German federal election, Chancellor Angela Merkel. Steinbrueck made...

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Photograph by American Images Inc

Photograph by American Images Inc

Draghi Dismisses Currency Spat as More Jaw Than War

Mario Draghi says the currency war is phoney. According to the European Central Bank president, there’s been too much “chatter” in the past two weeks about fluctuations in global currencies, set off by a decision by Japan’s central bank to...

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