Topic: Angela Merkel

German daily Die Zeit published comments from an interview with famed US hedge fund investor George Soros who was sharply critical of German economic policy. "Die deutsche Politik ist eine Gefahr fur Europa, sie konnte das europaische Projekt zerstoren" [German policies are ...

Merkel defends savings plan after Obama letter

German Chancellor Angela Merkel said Monday her planned austerity measures would not harm growth, after US President Barack Obama warned scaling back spending too fast could harm the global economy."It is not about a radical savings programme," she said, referring to a ...
Not only are the eurozone and UK raising taxes and cutting spending, they want the rest of the world to follow their lead and will try to get this to happen at the next G-20 meeting in late June.. The EU's recent ...

Differences poke through at Cameron, Merkel talks

New British leader David Cameron and German Chancellor Angela Merkel sought to play down sharp differences on how to shore up European financial stability Friday, in their first official talks.The Conservative premier said he backed a "strong and stable" eurozone, although Britain ...

Markets punish euro, shares before EU talks

BRUSSELS (Reuters) - The euro hit a four-year low on Monday on fears that austerity measures would stifle recovery, as European finance ministers prepared to discuss tighter regulation a week after launching a $1 trillion rescue plan.German Chancellor Angela Merkel said on ...

Sovereign Default - Who Is at Fault?

I am watching the Greek crisis as it takes its painful course, and have noted that there are some views which seem to suggest that Germany has an obligation to rush to the rescue. The Greek debt is the fault of Greece, ...

Europe targets credit default swaps traders

Europe turned its sights on Tuesday on the controversial trade in insurance against sovereign loan defaults, the latest consequence to arise from market panic over spiralling Greek debts.European Commission chief Jose Manuel Barroso told the EU parliament in Strasbourg that commission regulators ...

No German rescue plan for debt-ridden Greece

Chancellor Angela Merkel Sunday dismissed talk of a German rescue plan for Greece's ailing economy, as Athens braced for an EU audit that could usher in new austerity cuts to tackle its massive debt crisis.Greek bond prices rallied this week on a ...
Obama, Brown and Merkel review debt crisis in Greece as part of broader call on world eventsThe White House says President Barack Obama has spoken with British Prime Minister Gordon Brown and German Chancellor Angela Merkel about the debt crisis in Greece.Obama ...

Rough ride still ahead for economy: Merkel

German Chancellor Angela Merkel warned that the country's worst post-war recession would drag into 2010, in a New Year's television address to be broadcast Thursday. "She said Europe's biggest economy would continue to fight for new international rules for financial markets "so ...