Topic: Angela Merkel
German Chancellor Angela Merkel's uncompromising stance on Europe's financial crisis faced mounting criticism on Saturday as senior political figures urged her to reconsider her rejection of eurobonds."One cannot categorically rule out resorting to eurobonds. They could become vital," European Energy Commissioner Guenther ...
BRUSSELS (Reuters) - European Union leaders met on Sunday to try to hammer out a comprehensive plan for tackling the euro zone debt crisis, but a breakthrough is not expected until another summit on Wednesday.Following are comments from Sunday's talks:EUROPEAN COUNCIL PRESIDENT ...
Rifts between European Union nations over how to solve the eurozone debt crisis threatening the world economy on Thursday forced the 17-nation eurozone to call a fresh summit next week.After vowing decisive action to G20 partners to resolve Europe's crisis, wrangling between ...
BERLIN (Reuters) - Germany's Angela Merkel faces the biggest challenge to her leadership since coming to power in 2005, with traditionally loyal conservative allies openly criticizing her approach to the euro zone crisis and her hands-off Libya policy in shambles.Seen for much ...
WASHINGTON (Reuters) - U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement."The two leaders agreed on the importance ...
BERLIN (Reuters) - It's not hard to come up with reasons for the euro zone's exasperating inability to get a grip on its debt crisis.There's the German government's reluctance to take the bold steps that seem necessary to bring about a change ...
Chancellor of the Exchequer George Osborne on Thursday defended his government's austerity policies, but admitted that recovery would be longer than hoped amid global financial market turmoil over debt.Osborne, addressing lawmakers after parliament was recalled early to debate the recent rioting, said ...
BERLIN/PARIS, Aug 7 (Reuters) - Germany and France on Sunday reiterated their commitment to implementing the decisions of last month's emergency EU summit, in an effort to restore confidence in turbulent financial markets."They stress the importance that parliamentary approval will be obtained ...
The 16-nation euro currency will survive the debt crisis, German Chancellor Angela Merkel declared Thursday, while insisting that investors must share the burden of bailouts starting in 2013.. Merkel's comments came as the euro wallowed near two-month lows against the dollar and ...
As a result of a recently leaked assessment from the UK Treasury the new British Government's austerity budget will most likely lead to 1.3 million jobs being lost across the British economy over the next five years, with up to half of ...