German broadcaster ARD inexplicably showing luge and ski jumping re-runs while Shaun White goes for third gold in snowboard half-pipe
BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble has signaled a readiness to compromise on the contours of a European fund to shut down troubled banks following sharp criticism from the European Parliament.
In an interview with Reuters, Schaeuble stuck to his long-standing position that changes to the EU treaty were necessary if the bloc was to move beyond the inter-governmental approach to “banking union” agreed by European finance ministers in December.
BERLIN (Reuters) – Recent turmoil in emerging markets will hit export-oriented European economies but there are no signs the bloc that shares the single currency is headed towards deflation, German Finance Minister Wolfgang Schaeuble said.
Speaking to Reuters as part of a series of interviews with top policymakers across the euro zone, Schaeuble signaled a readiness to help emerging market countries that have seen their currencies sink to multi-year lows in past weeks as part of a broad market sell-off.