ATHENS/BERLIN, April 14 (Reuters) – Investor doubts, a
German legal threat and persistent confusion over the terms of
aid perforated Greece’s euro zone parachute on Wednesday,
pushing borrowing costs up.
The potential legal action by a German economist compounded
ambiguity over how Athens and its euro peers would activate the
package, sending Greek bond yields towards the euro-era record
territory they hit before details of the deal were announced.
BERLIN, March 18 (Reuters) – German Chancellor Angela Merkel
has become the first European leader to explicitly call for a
change in EU rules to allow states that repeatedly break the
bloc’s economic guidelines to be expelled from the eurozone.
Her comments are likely to provoke debate as the subject had
been taboo until Finance Minister Wolfgang Schaeuble floated the
idea last week by saying steps should be introduced to allow
states to leave the euro zone in extreme cases.
Here are some questions and answers on what Merkel’s
strategy is on the euro zone and what lies behind it.
BERLIN, March 18 (Reuters) – Chancellor Angela Merkel’s
government on Thursday denied a newspaper report that it would
announce potentially vote-winning proposals for tax cuts before
a closely watched regional election in May which it could lose.
The Sueddeutsche Zeitung reported the government was
planning a change in strategy and would present its proposals
for tax reform before the May 9 election in the state of North
BERLIN (Reuters) – A harsh reality seems to be dawning on Germans — that helping debt-ridden Greece, as part of a euro zone effort, may be inevitable.
Ever-cautious Chancellor Angela Merkel has made comments which could be seen as preparing the ground for some sort of aid and in a clear shift, some influential newspapers have started running editorials arguing Germany may have to act.
The head of Germany’s 25 million Protestants resigned on Wednesday after police stopped her for driving while under the influence of alcohol just four months after becoming the third woman to head a major Christian church.
Known as the “pop bishop,” 51-year-old Margot Kässmann is a regular on television talk shows and had been a controversial choice as head of Germany’s Evangelical Church in Germany (EKD), the main association of Protestant churches, because she is a divorced mother of four.
BERLIN (Reuters) – A majority of Germans want debt-ridden Greece to be thrown out of the euro zone if necessary and more than two-thirds oppose handing Athens billions of euros in credit, a poll published on Sunday showed.
Vocal opposition to aid for Greece from members of Chancellor Angela Merkel’s coalition also grew at the weekend with several senior politicians expressing skepticism, especially as Germany’s own recovery is fragile.
BERLIN (Reuters) – Chancellor Angela Merkel, under pressure from German voters and her coalition partners to limit support for debt-ridden Greece, is adopting a cautious approach that could put the brakes on any EU plans for financial help.
The timing of frantic talks about helping Greece could hardly be worse for Merkel, who faces her own budget problems. Fresh data on Friday showed that a recovery in Europe’s biggest economy stalled in the fourth quarter.
Germany’s leading Jesuit official has apologised for a growing number of sexual abuse cases at Jesuit high schools that have come to light recently. School officials there had failed to respond properly when they first heard of the allegations years ago, Father Stefan Dartmann, the head of Germany’s Jesuit order, said.
Dartmann said he knew of 25 former pupils who said they had been abused at presitgious Jesuit schools between 1975 and 1984 — 20 at the Canisius Kolleg in Berlin, 3 at the Hamburger St. Ansgar Schule in Hamburg and 2 at the Kolleg St. Blasien in St. Blasien in the Black Forest.
BERLIN/ZURICH (Reuters) – A Swiss lawmaker likened German attempts to buy data on cross-border tax evaders to bank robbery on Tuesday and the Swiss banking lobby said Berlin was acting as a receiver of stolen goods.
Switzerland’s interior minister clearly sought a diplomatic solution with Berlin in a sharply escalating row with the Alpine country’s most important trading partner.
BERLIN, Feb 2 (Reuters) – A Swiss lawmaker likened Germany’s
attempts to get hold of data on cross-border tax evaders to bank
robbery on Tuesday, turning up the volume in a growing row
between the two nations over Swiss bank secrecy.
Germany said on Monday it was prepared to pay for data on
clients of a Swiss bank offered to authorities by a
whistleblower, even if the information had been obtained
“Here we have a new form of bank robbery,” Swiss lawmaker
Pirmin Bischof told Germany’s Deutschlandfunk radio. “Before,
you had to go to the bank and get hold of the money with a
weapon. Today you can do it electronically by stealing data.