Cyprus has agreed to a bailout deal worth ten billion euro after negotiating wih the Troika through the night. The new measures will particularly hit investors with deposits of more than 100,000 euro.
Greece will soon exit its international bailout, but does its economy offer fresh investors a level playing field? DW meets a Greek-German philanthropist trying to change things for the better.
"Europe is our future, we have no other." That utterance from Germany's former Foreign Minister Hans-Dietrich Genscher has been oft-quoted of late. Europe is important to all of us, says Jagoda Marinic.
Since the new Italian government assumed power, EU President Jean-Claude Juncker seems to have taken a position of respectful distance. He says he does not want to see a repeat of the situation with Greece.
Greece's creditors have concluded a first round of fresh bailout inspections to assess reforms. Even if deadlines are met, a shattered economy and battered public trust will linger behind, says Anthee Carassava.
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