Caroline's Feed
Jul 16, 2015

Germany’s Schaeuble casts doubt on chance of Greek bailout success

BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble questioned whether Greece will ever get a third bailout program on Thursday, a day after the Greek parliament passed a package of stringent measures required to open negotiations on financial aid.

His skeptical comments came as senior conservatives tried to drum up support for an aid-for-reforms deal with Greece ahead of a vote in parliament to give Berlin the green light to start negotiations on a third multi-billion euro bailout program.

Jul 14, 2015

Skeptical Germans show Greek deal a hard sell to voters

ITZEHOE, Germany (Reuters) – Since Mark Helfrich was elected to the German parliament in 2013, the conservative lawmaker has voted to extend Greece’s bailout program on three occasions. But he won’t be saying ‘yes’ a fourth time.

The 36-year-old from Itzehoe, a town in the northernmost state of Schleswig-Holstein, has declared he will reject a third aid package for Greece, saying he has lost all trust in the Athens government as a serious negotiating partner.

Jun 28, 2015

‘Nein Danke’ – smaller German firms see U.S. trade deal as threat

BERLIN, June 28 (Reuters) – Martina Roemmelt-Fella, who owns
a small, family-run turbine manufacturer in Bavaria, should be a
cheerleader for a trade deal between Europe and the United
States that promises to ease the flow of goods and services
across the Atlantic.

But instead she fears the Trans Atlantic Trade and
Investment Partnership (TTIP) being hammered out between
Brussels and Washington will give too much power to big
multinationals at the expense of small companies like hers.

Jun 24, 2015

Germany to decide between coal levy and alternative on July 1

BERLIN, June 24 (Reuters) – German Economy Minister Sigmar
Gabriel said on Wednesday he was considering an alternative to a
proposed levy on coal-fired power plants and would decide on
July 1.

Germany is wrestling with how to reduce carbon dioxide
(CO2)emissions from the energy sector to stop it from falling
short of its ambitious climate targets, while safeguarding jobs
and securing its energy supply.

Jun 21, 2015

Merkel’s Bavarian allies urge tough line with Greece

BERLIN, June 21 (Reuters) – German Chancellor Angela
Merkel’s Bavarian allies warned against giving in to Greece in
order to keep it in the euro zone, with senior Christian Social
Union lawmaker Hans Michelbach saying he saw no realistic chance
of an agreement at an emergency summit on Monday.

The remarks were the latest signs of hardening positions
among Merkel’s ruling conservatives towards Greece, as
politicians run out of patience after months of fruitless
wrangling over what reforms Athens is willing to deliver.

Jun 20, 2015

Amid energy uncertainty, German state urges southern firms to move

BERLIN (Reuters) – The north-west German state of Lower Saxony risked stoking tensions with Bavaria over energy policy on Saturday by urging companies from the southern region to move north to secure stable power supplies.

Bavaria has sparked frustration in Lower Saxony by opposing power lines planned to carry electricity from the breezy north to the industrial heartland in the south.

Jun 12, 2015

Germany’s Merkel backs loose ECB policy that has weakened euro

BERLIN (Reuters) – German Chancellor Angela Merkel threw her support behind the European Central Bank’s loose monetary policy on Friday, suggesting it had supported reform efforts in countries such as Spain and Portugal by preventing the euro from rising too much.

Such comments are extremely rare from a German politician, let alone Merkel, who in the past has stressed the independence of the ECB when ministers from other euro zone governments have leant on the central bank to do more to support growth.

Jun 11, 2015

Deutsche Boerse launches platform for start-ups to woo investors

BERLIN, June 11 (Reuters) – Stock exchange operator Deutsche
Boerse has launched an online platform to connect
growing start-ups with international investors, as Germany seeks
to plug a shortage of late-stage funding that is stunting

Concerned that German industry risks falling behind in a
digital age, Chancellor Angela Merkel’s governing coalition is
keen to promote start-ups and smooth the path for initial public
offerings (IPOs).

Jun 8, 2015

Greek minister changes tone, but sticks to anti-austerity line

BERLIN (Reuters) – Greek Finance Minister Yanis Varoufakis struck a conciliatory note on Monday in a long battle over a cash-for-reforms deal, calling a meeting with his German counterpart Wolfgang Schaeuble in Berlin helpful.

However, he continued to resist the painful austerity that Greece’s creditors say is necessary to steady its finances and enable further aid to be disbursed.

Jun 2, 2015

Germany rallies reinforcement to pitch for EU-U.S. trade deal

BERLIN (Reuters) – European and U.S. trade officials came to Berlin on Tuesday to try to drum up support for a transatlantic trade deal that faces growing opposition in Europe’s biggest economy.

Support among the German public for the Transatlantic Trade and Investment Partnership (TTIP) has fallen sharply over the past year, with many worrying it will weaken food, environmental and auto safety standards and give U.S. firms too much power.