The Euro Crisis and the Bailout Fund: What Does the Future Hold?
Italy's banks struggle with bad loans and the state itself is saddled with massive debt — but the voters don't seem to care, and the finance minister is demonstratively relaxed about it all.
With Europe's savings commissar Wolfgang Schäuble set to be replaced by Social Democrat Olaf Scholz as the new German finance minister, hopes for a policy change are rising on the eurozone's debt-laden periphery.
German Finance Minister Wolfgang Schäuble, a seasoned stickler, is bidding farewell after eight years. Though anyone in the EU looking forward to a future of more debt may be cheering too soon, writes Bernd Riegert.
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