A bimonthly magazine on international affairs, edited in Germany's capital

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Wolfgang Schäuble


The giant consensus machine that is the EU is still running smoothly enough, but Europe – and Greece – will continue to suffer from the euro’s flawed construction.


Germany’s finance minister may be (southern) Europe’s most hated man – at home his approval ratings are going through the roof. Pointing to the inner logic of eurozone rules he may have more in mind than the future Europe’s single currency.


Angela Merkel’s government seem to be taking the accelerating Greek crisis in good spirits, and it isn’t hard to see why: with Sunday’s referendum, Greece’s government has taken the country’s fate into its own hands