BERLIN, Sept 10 (Reuters) – Germans expressed shock and fear
about the direction of euro zone policy on Saturday after their
top official at the European Central Bank resigned over a
conflict over the bank’s response to the debt crisis.
The resignation of ECB chief economist Juergen Stark, a
member of Angela Merkel’s conservatives, is also a major blow to
the Chancellor who has been deserted by several top allies and
this month faces a vote on expanding the euro zone bailout fund
which could even cost her job.
BERLIN, Sept 8 (Reuters) – Anger at Greece’s failure to meet
fiscal targets that are a condition for its international
bailout is nearing breaking point in Berlin and other European
capitals, with senior politicians now talking openly about the
possibility of Athens exiting the euro zone.
Horst Seehofer, the head of the Bavarian Christian Social
Union (CSU), was the first prominent figure in Germany to
suggest publicly that Greece might eventually be forced to leave
the 17-nation single currency bloc in an interview in the Bild
newspaper on Wednesday.
BERLIN, Aug 25 (Reuters) – Former German Chancellor Helmut
Kohl, a driving force of European integration, has launched an
unusual public attack on Angela Merkel’s foreign policy, adding
his voice to a chorus of criticism of her leadership from fellow
Kohl said policies ranging from cooperation with European
partners to ties with the United States lacked direction and
risked undermining German influence.
BERLIN (Reuters) – Germany said on Wednesday that it wants a financial transaction tax outlined by Chancellor Angela Merkel and French President Nicolas Sarkozy to apply to the whole European Union, not just the 17 euro zone states.
With euro zone banks and exchanges worried about being put at a disadvantage to EU financial centers outside the currency zone, notably London, Merkel’s spokesman made clear that the intention was to make the tax apply to all 27 EU members.
BERLIN, June 11 (Reuters) – German Chancellor Angela Merkel
ordered the parties in her centre-right coalition on Friday to
stop squabbling over government policies and trading insults
with each other, saying it undermined voters’ confidence.
In the last couple of weeks, sharp differences within
Merkel’s coalition of conservatives and the pro-business Free
Democrats (FDP) have been exposed and politicians from the three
parties have hurled insults at each other.
BERLIN, June 7 (Reuters) – German Chancellor Angela Merkel
will on Monday agree a package of budget cuts with her cabinet
and outline her policy agenda through 2014, hoping to shore up
the euro and her own authority.
Ministers resumed talks on Monday after working late into
Sunday night. Merkel was due to announce the results of the 2011
draft budget and financial planning for the next four years at a
news conference at 3 p.m. (1300 GMT).
BERLIN (Reuters) – Germany’s Angela Merkel has hit a low point in her chancellorship, and her decisions in the coming days on tackling the budget deficit and who to back as president may determine whether she bounces back or is politically doomed.
Beset by a slump in popularity and a drubbing in a state election last month, and accused at home and abroad of weak leadership in the euro zone debt crisis, Merkel has also seen two high profile allies quit unexpectedly within a week.
BERLIN, June 1 (Reuters) – A key ally of German Chancellor
Angela Merkel raised doubts about the future of her government
at the weekend, underlining tension in the ruling coalition,
which has been hit by an electoral setback and policy disputes.
Europe’s largest economy suffered its worst recession since
World War Two in 2009, though it has now grown for four straight
quarters, and forward-looking indicators suggest the
manufacturing sector is recovering fast from the global slump.
BERLIN/BRUSSELS (Reuters) – Germany’s parliament approved on Friday a $1 trillion safety net to stabilize the euro as fears swirled that Europe’s debt crisis and tougher financial regulation may choke economic recovery.
European Union finance ministers, meeting in Brussels, backed a German call for tougher sanctions in future against states that flout the bloc’s budget rules, to prevent any repeat of Greece’s debt crisis, which required a euro zone/IMF bailout.
BERLIN/BRUSSELS, May 21 (Reuters) – Germany’s parliament
approved on Friday a $1 trillion safety net to stabilise the
euro as world stocks wobbled on fears that Europe’s debt crisis
and tougher financial regulation may choke economic recovery.
European Union finance ministers, meeting in Brussels,
backed a German call for tougher sanctions in future against
states that flout the bloc’s budget rules, to prevent any repeat
of Greece’s debt crisis, which required a euro zone/IMF bailout.