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Jul 5, 2012

German economists say ‘no’ to euro banking union

BERLIN (Reuters) – More than 150 economists led by the head of Germany’s influential Ifo think tank urged voters on Thursday to lobby lawmakers to oppose plans for a European banking union that Chancellor Angela Merkel signed up to last week.

The Frankfurter Allgemeine Zeitung newspaper released an open letter in which Hans-Werner Sinn and other experts said forcing Europe’s biggest economy to extend its liabilities to weaker euro zone states and their banks was not the answer to the region’s debt woes.

Jul 3, 2012

German CSU threatens to quit Merkel coalition over euro

BERLIN (Reuters) – The leader of Bavaria’s conservatives threatened on Tuesday to pull out of German Chancellor Angela Merkel’s centre-right coalition if further euro zone states secure bailouts, saying there were limits to how far his party was prepared to go.

Although burly Bavarian premier Horst Seehofer, who faces a state election next year, has a tendency to pick fights and talk tough, his threat highlights the pressure Merkel is under at home after last week’s euro zone deal.

Jun 28, 2012

From Nazi to Terminator, Europe’s media target Merkel

BERLIN, June 28 (Reuters) – Demonised in Europe’s media as a
red-eyed Terminator robot, a flabby centre-fold pinup and a
fleshy Roman god eating Greeks, German Chancellor Angela Merkel
has become the subject of a new wave of vitriol for her tough
stance on the euro zone crisis.

Already a figure of hate in Greece for insisting on
austerity in exchange for aid, Merkel has long endured montages
of herself in a Nazi uniform, but the runup to this week’s EU
summit has unleashed particularly savage images and headlines.

Jun 10, 2012

German opposition fuming before fiscal pact talks

BERLIN, June 10 (Reuters) – A media report that German
Chancellor Angela Merkel is not serious about implementing a
European financial transaction tax threatens to undermine an
initial deal struck last week with the opposition to help win
support for the EU’s planned fiscal pact.

Der Spiegel weekly reported on Sunday that Merkel’s Chief of
Staff Ronald Pofalla had said such a tax would not get passed in
the current legislative period and that was why her centre-right
coalition could look as if was accommodating the opposition.

Jun 6, 2012

Germany eyes job boom in renewables sector – study

BERLIN, June 6 (Reuters) – Germany’s expanding renewable
power industry will account for over half a million jobs by
2030, an increase of more than a third from current levels,
driven by strong solar and wind sectors, a study presented on
Wednesday showed.

The GWS think tank said it expected the number of jobs
linked to the renewables industry to rise to as much as 600,000
in 2030. Currently around 382,000 jobs are linked to the
industry, equivalent to about 1 percent of the workforce in
Europe’s biggest economy,

May 31, 2012

For Spanish workers, Europe’s not working

MADRID (Reuters) – After more than a decade working as doctors, Spaniards Elena Casillas and Esther Perea are back in the classroom, and it’s not easy. Some of their classmates need dictionaries to compose basic sentences. Others need help with word order. For everyone, the biggest challenge is pronunciation.

“When I first heard German, I thought, ‘My God, it’s horrible,’” says 40-year old Casillas, one of a dozen medics recruited by a private German hospital group which is giving the pair free classes in Madrid with the promise of work at a German hospital if they come up to scratch.

May 31, 2012

Insight: For Spanish workers, Europe’s not working

MADRID (Reuters) – After more than a decade working as doctors, Spaniards Elena Casillas and Esther Perea are back in the classroom, and it’s not easy. Some of their classmates need dictionaries to compose basic sentences. Others need help with word order. For everyone, the biggest challenge is pronunciation.

“When I first heard German, I thought, ‘My God, it’s horrible,’” says 40-year old Casillas, one of a dozen medics recruited by a private German hospital group which is giving the pair free classes in Madrid with the promise of work at a German hospital if they come up to scratch.

May 24, 2012

German SPD ups pressure on Merkel with growth call

BERLIN (Reuters) – Europe’s new fiscal pact must emphasize growth as well as austerity, Germany’s main opposition party said on Thursday, echoing French calls for a shift in strategy before a meeting at which Chancellor Angela Merkel will ask it to back the plan.

The Social Democrats (SPD) have already threatened to embarrass Merkel by delaying a vote on the deal, designed to cement budget discipline within the crisis-hit euro zone. Germany’s leader wants to push legislation through parliament on the fiscal pact and the European Stability Mechanism (ESM) bailout fund before the summer recess.

May 23, 2012

Merkel vows to push post-nuclear energy strategy

BERLIN, May 23 (Reuters) – Chancellor Angela Merkel agreed
with Germany’s state premiers on Wednesday to step up efforts to
expand the power grid and resolve a dispute over solar
incentives as she tries to rescue plans for a switch away from
nuclear to renewable energy.

Merkel said her vision for an energy shift in Europe’s
biggest economy would require a lot of work and coordination but
all parties at the three-hour talks in Berlin had vowed to work
together despite clashing interests.

May 23, 2012

Merkel seeks deal on post-nuclear energy strategy

BERLIN (Reuters) – Germany’s new environment minister described a planned post-nuclear switch to renewable energy in Europe’s biggest economy as a “Herculean task” as 16 state premiers gathered to discuss the complex problem with Chancellor Angela Merkel on Wednesday.

Peter Altmaier, who took over as environment minister on Tuesday, vowed to break the deadlock between politicians, utilities, regulators and lobby groups whose clashing interests have undermined attempts to thrash out a strategy.

    • About Madeline

      "Madeline has been a correspondent in the Berlin bureau since 2006. Before that, she was a parliamentary correspondent in London and an equities reporter in Frankfurt. She has also worked in Vienna and for a variety of UK newspapers."
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