Topic: Angela Merkel
Germany, Austria support aid package for Eastern EuropeanThe German and Austrian chancellors stressed the importance of helping Eastern European nations weather the global financial crisis, but stopped short of discussing any specific aid measures after talks Wednesday.Chancellor Angela Merkel said both Germany ...
Germany said on Wednesday it would suffer its deepest recession since World War II this year, as Chancellor Angela Merkel's government chewed over a historic rescue package aimed at easing the pain.Germany's economy, which accounts for about a third of eurozone output, ...
German Chancellor Angela Merkel said Wednesday the decision to adopt the country's biggest postwar stimulus package was her toughest ever, as data showed the recession deepening in Europe's biggest economy. I want to say clearly that it was the most difficult domestic ...
Snared by the global economic slump, the German economy contracted sharply late last year, suggesting a disastrous 2009 for Europe's industrial powerhouse.Gross domestic product (GDP) shrank by an estimated 1.5-2.0 percent in the fourth quarter from the third, an official said, as ...
Germany's governing coalition hammered out on Monday the country's biggest economic stimulus package in its postwar history, aimed at heading off a painful recession in the world's number one exporter.The package, worth 50 billion euros (67 billion dollars) over two years, is ...
Following another series of dismal economic data on Thursday, pressure is mounting on Berlin to finalise a rescue package to stave off the worst recession for 60 years in Europe's largest economy.Deepening a general feeling of gloom amid rising unemployment and a ...
German unemployment in December rose for the first time in 33 months, with over three million people out of work, data showed on Wednesday as the recession in Europe's economic powerhouse begins to bite.Putting further pressure on Chancellor Angela Merkel's government to ...
German Chancellor Angela Merkel is unaware of the seriousness of the economic crisis, Nobel Economics Prize laureate Paul Krugman said in an interview to be published Monday.Krugman told the weekly Der Spiegel that Merkel and her finance minister Peer Steinbrueck still viewed ...
German leader Angela Merkel gave her backing Thursday to a 200-billion-euro plan to dig Europe out of recession after her finance minister said tossing money around would only increase the debt burden.As EU leaders gathered in Brussels for a summit, the outspoken ...
Merkel gathers experts to discuss new economic strategy for GermanyGerman Chancellor Angela Merkel conferred with government ministers, business executives and labor leaders Sunday for talks she hoped would help chart a course through the financial crisis for the EU's biggest economy.Merkel told ...