Interview: German ties with Russia on the upswing as Medvedev visits
Deutsche Welle spoke with Alexander Rahr, a Russia expert at the German Council on Foreign Relations, about the state of Russo-German relations. READ MORE
The Euro Crisis Is Bigger Than You Think
The eight newest European Union (EU) members (Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, and Romania) are committed to eventually adopting the euro. But, all already suffer from the problems that dragged the GIIPS—Greece, Ireland, Italy, Portugal, and Spain—into crisis: lost competitiveness, widening external deficits, and deteriorating public finances. However, the “peggers”—Estonia, Latvia, Lithuania, and Bulgaria, who have fixed exchange rates—are in much worse shape than the “floaters”—the Czech Republic, Hungary, Poland, and Romania. READ MORE
