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Jul 16, 2014
Jul 14, 2014
Jul 14, 2014
Jul 14, 2014
Jun 27, 2014

EU leaders signal shift from austerity of euro crisis

BRUSSELS (Reuters) – In the latest shift away from the austerity of the euro zone crisis, European Union leaders signalled at a summit that they were ready to give member states extra time to consolidate their budgets as long as they pressed ahead with economic reforms.

Under pressure from Italian Prime Minister Matteo Renzi, the leaders adopted a text which pledged to make “best use” of the flexibility built into the bloc’s fiscal rule book – the so-called Stability and Growth Pact.

Jun 25, 2014

Merkel signals leeway on EU budget rules, insists on Juncker

BERLIN (Reuters) – Germany’s Angela Merkel signaled her readiness on Wednesday to give EU states more flexibility within current budget rules to promote growth and job creation, but made clear she will push her choice of European Commission chief over British objections.

The chancellor appeared to come down clearly on the side of a more lenient interpretation of the European Union’s Stability and Growth Pact to help countries like Italy and France balance the push for reform with the need to reduce high unemployment.

Jun 19, 2014

Schaeuble says low rates spawning ‘dangerous’ rise in property prices

BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble warned on Thursday in the clearest terms yet about the risks of loose monetary policy for Europe’s largest economy, saying low interest rates were already spawning “dangerous” rises in domestic property prices.

Schaeuble has long warned about the threat of speculative bubbles forming as a result of excess liquidity, but his comments at a news conference with visiting U.S. Treasury Secretary Jack Lew went beyond his usual line that low rates must correct higher over time.

Jun 16, 2014
Jun 15, 2014
Jun 15, 2014

German eurosceptics go mainstream in threat to Merkel

BERLIN, June 15 (Reuters) – The Alternative for Germany
(AfD) failed to make as big a splash in European elections last
month as its eurosceptic counterparts in France and Britain. But
that may be about to change.

Less than a month after the vote, the party formed last year
by a group of renegade academics is on track to establish itself
as a permanent force in German politics and a long-term headache
for Chancellor Angela Merkel and her Christian Democrats (CDU).

    • About Noah

      "I run the Reuters news operations for Germany, Austria and Switzerland based in Berlin, and write regularly about German politics and European economic issues. I've reported from over 20 countries for Reuters since joining in the mid-1990s, including stints in Paris, London and New York."
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