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Waldbrände wüten im Zentrum und im Norden Portugals - Miguel Pereira / REUTERS

Waldbrände wüten im Zentrum und im Norden Portugals - Miguel Pereira / REUTERS

Tausende Personen im Einsatz Waldbrände wüten im Zentrum und im Norden Portugals

Mit einem Großaufgebot kämpft die portugiesische Feuerwehr gegen zahlreiche Waldbrände. Einige Feuer konnten schon gelöscht werden – auch dank Verstärkung aus dem Ausland.

"We Have to Recognize How Quickly Things Can Change" - Jürgen Ritter / IMAGO

"We Have to Recognize How Quickly Things Can Change" - Jürgen Ritter / IMAGO

Head of the Eurogroup "We Have to Recognize How Quickly Things Can Change"

It has been a bad couple of weeks for banks in the U.S. and Europe. In an interview, Eurogroup head Paschal Donohoe discusses the possible dangers facing the euro area and why he remains confident. Interview Conducted by David Böcking

Evaluating ECB President Christine Lagarde After Two Years of Crisis - DANIEL ROLAND / AFP

Evaluating ECB President Christine Lagarde After Two Years of Crisis - DANIEL ROLAND / AFP

Interview with Central Bank Expert David Marsh Evaluating ECB President Christine Lagarde After Two Years of Crisis

European Central Bank President Christine Lagarde has now been on the job for two years. Thus far, her term has been plagued by the COVID-19 crisis. But soon, says central bank expert David Marsh, she will have to start transitioning to normalcy. What, though, might that look like? Interview Conducted by Tim Bartz

Concerns Rise as Bulgaria Prepares to Join the Euro - Nikolay Doychinov / AFP

Concerns Rise as Bulgaria Prepares to Join the Euro - Nikolay Doychinov / AFP

Controversial Eurozone Accession Concerns Rise as Bulgaria Prepares to Join the Euro

Bulgaria has significant problems with corruption and money laundering. Nevertheless, the European Union is prepared to accept the country as the next member of the eurozone. Many fear that might be a bad idea. By Ralf Neukirch und Michael Sauga

A Former Leftist Icon Turns to Science Fiction - Socrates Baltagiannis / DER SPIEGEL

A Former Leftist Icon Turns to Science Fiction - Socrates Baltagiannis / DER SPIEGEL

Yanis Varoufakis A Former Leftist Icon Turns to Science Fiction

As Greek finance minister, he made a name for himself for standing up to Germany. But his political star burned out quickly. Now, Yanis Varoufakis is trying his luck at writing novels. By Alexander Kühn

"We Now Need a Growth-Friendly Agenda" - Magali Delporte / Signature

"We Now Need a Growth-Friendly Agenda" - Magali Delporte / Signature

Bank of France Governor François Villeroy de Galhau "We Now Need a Growth-Friendly Agenda"

Bank of France Governor François Villeroy de Galhau is optimistic about the future despite the second wave of the coronavirus. And he is full of praise for Germany. Interview Conducted by Tim Bartz und Michael Sauga

"We Are Witnessing the End of Independent Central Banks" - Peter Rigaud / DER SPIEGEL

"We Are Witnessing the End of Independent Central Banks" - Peter Rigaud / DER SPIEGEL

Monetary Policy Expert David Marsh "We Are Witnessing the End of Independent Central Banks"

Former investment banker David Marsh is critical of the European Central Bank and the U.S. Federal Reserve for having transformed themselves into political instruments. Inflation, he says, isn't dead - and it will come back. Interview Conducted by Tim Bartz

Endgame for the IMF-EU Feud over Greece's Debt - Christopher Furlong/ Getty Images

Endgame for the IMF-EU Feud over Greece's Debt - Christopher Furlong/ Getty Images

Greece Endgame for the IMF-EU Feud over Greece's Debt

Greece hasn't been saved just yet, and the conflict between the International Monetary Fund and Europe is once again intensifying. Greece's former minister of finance Yanis Varoufakis expects a showdown between the IMF and Germany.

'A Connection Between Austerity and Xenophobia' - Hannelore Foerster/ Getty Images

'A Connection Between Austerity and Xenophobia' - Hannelore Foerster/ Getty Images

Varoufakis on Eastern Europe 'A Connection Between Austerity and Xenophobia'

He failed as Greece's finance minister, but Yanis Varoufakis now wants to use his fame as a star leftist politician to change Europe. In an interview, he accuses Eastern Europeans of egotism -- with their fiscal policies and response to the refugee crisis. Von David Böcking und Andreas Wassermann

'Not Even Schäuble Thinks It's a Good Solution' - ARIS MESSINIS/ AFP

'Not Even Schäuble Thinks It's a Good Solution' - ARIS MESSINIS/ AFP

Varoufakis Advisor James Galbraith 'Not Even Schäuble Thinks It's a Good Solution'

American economist James Galbraith was one of ex-Greek Finance Minister Yanis Varoufakis' advisors. He speaks with SPIEGEL about secret plans to return to the drachma and the role played by German Finance Minister Wolfgang Schäuble. Von Holger Stark

Plans for Euro-Zone Tax Take Shape - Thierry Chesnot/ Getty Images

Plans for Euro-Zone Tax Take Shape - Thierry Chesnot/ Getty Images

Breaking a Taboo Plans for Euro-Zone Tax Take Shape

After the Greek bailout disaster, Paris, Berlin and Brussels want to reform the euro zone by creating an economic government and a special tax for the currency area. German Finance Minister Schäuble is in favor, but Chancellor Merkel is skeptical. Von Michael Sauga, Christian Reiermann und Christoph Schult

Alexis Tsipras Has Shown Greeks He Can Save Them - CHRISTIAN HARTMANN/ REUTERS

Alexis Tsipras Has Shown Greeks He Can Save Them - CHRISTIAN HARTMANN/ REUTERS

Victory in Defeat? Alexis Tsipras Has Shown Greeks He Can Save Them

He'll have to implement tougher savings measures than any of his predecessors, despite his fight to end them. But Greek Prime Minister Alexis Tsipras could still come out of the euro crisis as the victor, leading his country for years to come. Von Julia Amalia Heyer

'There Is No German Dominance' - Werner Schuering/ DER SPIEGEL

'There Is No German Dominance' - Werner Schuering/ DER SPIEGEL

SPIEGEL Interview with Wolfgang Schäuble 'There Is No German Dominance'

Criticism of Germany's role in the recent negotiations over Greece's future has been fierce. SPIEGEL speaks with Finance Minister Wolfgang Schäuble about the government in Athens, his own feelings about a Grexit and his relationship with Chancellor Merkel. Von Klaus Brinkbäumer, Michael Sauga und Christian Reiermann

Decision Time for Tsipras and Merkel - CHRISTIAN HARTMANN/ REUTERS

Decision Time for Tsipras and Merkel - CHRISTIAN HARTMANN/ REUTERS

The Fate of Greece Decision Time for Tsipras and Merkel

Greek Prime Minister Alexis Tsipras has gambled away all support in Brussels. Now, he and German Chancellor Angela Merkel have to make a momentous decision. Meanwhile, Greece's creditors are divided about how to proceed.

Why a Grexit Must Be Avoided - LOUISA GOULIAMAKI/ AFP

Why a Grexit Must Be Avoided - LOUISA GOULIAMAKI/ AFP

Opinion Why a Grexit Must Be Avoided

Europe is preparing for a Grexit and German voters would like to see the country leave the common currency regime. That, though, would be the wrong move. A Grexit must be avoided at all costs. Von Mathieu von Rohr

'The Principle of Hope Is Very Powerful' - ALKIS KONSTANTINIDIS/ REUTERS

'The Principle of Hope Is Very Powerful' - ALKIS KONSTANTINIDIS/ REUTERS

Greek Foreign Minister Kotzias 'The Principle of Hope Is Very Powerful'

In a SPIEGEL interview, Greek Foreign Minister Nikos Kotzias discusses the recent referendum and explains why he believes the power of hope might help revive Greece's fortunes. Von Manfred Ertel

Fixing Puerto Rico Could Provide Answers for Europe - Ricardo Arduengo/ AP/dpa

Fixing Puerto Rico Could Provide Answers for Europe - Ricardo Arduengo/ AP/dpa

America's Greece Fixing Puerto Rico Could Provide Answers for Europe

The Greek crisis could have been stopped years ago if European politicians hadn't been so stubborn. They should have followed the example set by the United States in dealing with Puerto Rico's problems. Von Barry Eichengreen

Zero Hour for Greece - Milos Bicanski/ Getty Images

Zero Hour for Greece - Milos Bicanski/ Getty Images

Operation 'Ochi' Zero Hour for Greece

Prime Minister Alexis Tsipras has led his country into chaos. Divisions in Greek society are growing and Sunday's referendum may not be enough to pull the country back from the brink. Von Julia Amalia Heyer, Katrin Kuntz und Alexander Smoltczyk

How Merkel Failed Greece and Europe - ODD ANDERSEN / AFP

How Merkel Failed Greece and Europe - ODD ANDERSEN / AFP

Angela's Ashes How Merkel Failed Greece and Europe

Angela Merkel relishes her reputation as queen of Europe. But she hasn't learned how to use her power, instead allowing a bad situation to heat up to the boiling point. Her inability to take unpopular stances badly exacerbated the Greek crisis. Von Peter Müller und René Pfister

Germany Faces Billions in Losses If Greece Goes Bust - Deutsche Bundesbank/ dpa

Germany Faces Billions in Losses If Greece Goes Bust - Deutsche Bundesbank/ dpa

The Bill Germany Faces Billions in Losses If Greece Goes Bust

Vast amounts of German money are at stake if Greece goes bankrupt -- with liabilities as high as 84 billion. Even though that figure is a large one, it would be paid over years and dangers to the Berlin budget are limited. Von Florian Diekmann

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