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Keyword: eurokrise

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  • High Stakes ahead of Crunch Summit: Euro Crisis Threatens European Way of Life

    06/26/2012 3:09:37 PM PDT · by Olog-hai · 6 replies
    Der Spiegel ^ | 06/26/2012 | Konstantin von Hammerstein, Ralf Neukirch and Christoph Schult
    … Everyone knows what is at stake. "If the euro fails, Europe will fail," German Chancellor Angela Merkel said in a May 2010 speech in the western German city of Aachen. Since then, the Europeans have held summit after summit and pledged bigger and bigger sums of money in a bid to get the situation under control. But it's only become worse. … Like a dangerous fungus, the crisis within the common currency threatens to eat away at Europe's foundations. By now, there is nothing less at stake than an entire lifestyle, one that millions of Europeans have come to...