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...Euro has tumbled on currency markets in the past few weeks, you might think that voters in France and the Netherlands had rejected the six-year-old European currency rather than the planned new European Union constitution. Propelling the decline was a report--quickly denied--in the German newsmagazine Stern that at a meeting in late May, Finance Minister Hans Eichel and Axel Weber, head of the German central bank, had discussed the prospect of dissolving Europe's monetary union. Weber dismissed the report as "absurd," and most market watchers and economists agreed. "The talk will continue for a week...

Author: /time Magazine | Title: Currency: Euro-Division? | 6/20/2005 | See Source »

...deliver concrete economic benefits to Europeans. As was painfully obvious during last week's summit meeting of the 25 E.U. heads of government in Brussels, Europe's elected leaders are either on the defensive or lame ducks. After his party was trounced in a state poll last month, German Chancellor Gerhard Schröder has called a snap election for the fall - which he looks likely to lose. In France, President Jacques Chirac is foundering after his country's voters rejected the European Constitution; in Britain, Prime Minister Tony Blair recently saw his parliamentary majority sharply reduced; and in recessionary...

Author: /time Magazine | Title: The Commish | 6/19/2005 | See Source »

...German and an avid supporter of Chancellor Gerhard Schröder [June 6]. Schröder has been a stellar head of government from the day he took office. Always aware of Germany's past and its responsibility to the future yet never losing sight of the social and economic challenges his country faces, Schröder has followed in the footsteps of the greatest statesman Germany ever had, Willy Brandt. In my view, he is a pretty difficult act to follow...

Author: /time Magazine | Title: Letters: Jun. 27, 2005 | 6/19/2005 | See Source »

...material about German POWs in the U.S. in 1944. I'm doing a sequel to The Hot Kid, moving it ahead 10 years...

Author: /time Magazine | Title: 10 Questions for Elmore Leonard | 6/12/2005 | See Source »

...fiction features. (His study of Bob Dylan premieres on PBS in September. He is also in talks to do a film on Airbus.) Such notables as Jonathan Demme, Spike Lee, Taylor Hackford and Michael Apted still shuttle from one form to the other. Werner Herzog, the world-class German auteur, has completed three superb docs--The White Diamond, Wheel of Time and Grizzly Man--each one as mystical and magical as the most surreal fiction film...

Author: /time Magazine | Title: Movies: Now, Meet The Dockers | 6/12/2005 | See Source »

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