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Greece

The Bailout Delusion: European Summits Can't Fix Economy, Only Jobs Can

Op-Ed: Rescue plans were the focus of this week’s high-stakes EU summit in Brussels. But anyone really wanting to know how Europe is doing should stop looking to its leaders, and talk instead with the region’s struggling business owners and unemployed wor

A homeless man in Barcelona, Spain (2009)
A homeless man in Barcelona, Spain (2009)
Günther Lachmann

BERLIN -- Amidst all this economic turmoil, no one's thought to ask how Emmanouel Kastanakis is doing. That's a shame, because the answer to that question says more about the future of Europe than all the official summit press releases of European leaders promising bailout after bailout. Who is Mr. Kastanakis? He is the owner of a medium-sized business – in Thessaloniki, Greece.

Among other things, Kastanakis sells gas heating. He also represents several well-known German companies, such as Thyssen, Wolf and Stiebel Eltron. His company was just about to go public, when, in 2010, the sovereign debt crisis broke. Today, his firm still exists – but is in a daily struggle not to go bankrupt.

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Coronavirus

The Main COVID Risk Now: Long COVID

Death rates are down, masks are off, but many who have been infected by COVID have still not recovered. Long COVID continues to be hard to diagnose and treatments are still in the developmental stage.

Long COVID feels like a never-ending nightmare for those who suffer from it.

Jessica Berthereau

PARIS — The medical examination took longer than expected in the Parc de Castelnau-le-Lez clinic, near the southern French city of Montpellier. Jocelyne had come to see a specialist for long COVID-19, and exits the appointment slowly with help from her son. The meeting lasted more than an hour, twice as long as planned.

“I’m a fighter, you know, I’ve done a lot of things in my life, I’ve been around the world twice… I’m not saying this to brag, but to tell you my background," says the 40-year-old. "These days, I’m exhausted, I’m not hungry, I no longer drive, I can’t work anymore, I have restless legs syndrome.” She pauses before adding sadly: “I can’t read anymore either.”

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