Senior Economics Correspondent, Germany
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Jun 18, 2015

Merkel says Greek deal still possible if Athens shows the will

BERLIN/ATHENS, June 18 (Reuters) – German Chancellor Angela
Merkel said on Thursday a deal between Greece and its creditors
was still possible if Athens showed the necessary will, amid
mounting pessimism that the austerity-hit country might crash
out of the euro zone.

Neither side has shown any sign of yielding, with creditors
insisting it is up to Greece to make concessions to secure a
cash-for-reforms deal so the government can honour looming debt
repayments and avoid a potentially disastrous default.

Jun 18, 2015

Merkel says deal with Greece still possible

BERLIN (Reuters) – German Chancellor Angela Merkel said it was still possible for Greece to reach an agreement with its international creditors, striking a conciliatory tone despite Athens’ intransigence ahead of a key meeting on Thursday.

In a speech in parliament, during which she was interrupted by hecklers from opposition parties, Merkel also said Germany would work to keep Greece inside the 19-nation euro zone.

Jun 18, 2015

Merkel says deal with Greece still possible if Athens musters will

BERLIN (Reuters) – German Chancellor Angela Merkel said it was still possible for Greece to reach an agreement with its international creditors, striking a conciliatory tone despite Athens’ intransigence ahead of a key meeting on Thursday.

In a speech in parliament, during which she was interrupted by hecklers from opposition parties, Merkel also said Germany would work to keep Greece inside the 19-nation euro zone.

Jun 16, 2015

Lamenting no progress, Merkel says it’s up to Greece now

BERLIN (Reuters) – German Chancellor Angela Merkel said on Tuesday she was willing to do all she could to keep Greece in the euro zone but insisted the onus remained on Athens and its creditors to break a deadlock and reach a deal.

Lamenting a lack of progress in the negotiations for an aid-for-reforms deal, Merkel put the focus squarely on Athens and its international creditors, the European Union, the European Central Bank and the International Monetary Fund.

Jun 10, 2015

Merkel faces growing dissent in own party ranks over aid for Greece

BERLIN (Reuters) – German Chancellor Angela Merkel is facing growing opposition among her ruling conservatives to granting Greece any further bailout funds, increasing pressure on her to drive a hard bargain with Athens.

German lawmakers are highly unlikely to veto any extension of bailout funds to Greece thanks to support for the aid from the Social Democrats, who rule in a ‘grand coalition’ with Merkel’s conservatives, and from the opposition Greens.

Jun 8, 2015

G7 leaders bid ‘Auf Wiedersehen’ to carbon fuels

KRUEN, Germany (Reuters) – Leaders of the world’s major industrial democracies resolved on Monday to wean their energy-hungry economies off carbon fuels, marking a major step in the battle against global warming that raises the chances of a U.N. climate deal later this year.

The Group of Seven’s energy pledge capped a successful summit for host Angela Merkel, who revived her credentials as a “climate chancellor” and strengthened Germany’s friendship with the United States at the meeting in a Bavarian resort.

Jun 8, 2015

Merkel presses G7 leaders to agree on tough climate goals

KRUEN, Germany (Reuters) – German Chancellor Angela Merkel urged Group of Seven (G7) leaders to commit to tough goals to cut greenhouse gases on the final day of their summit in Bavaria on Monday, at which they also discussed the threat from Islamic militants.

Merkel, once dubbed the “climate chancellor”, hopes to revitalize her green credentials by getting the G7 industrial nations to agree specific emissions goals ahead of a larger year-end United Nations climate meeting in Paris.

Jun 8, 2015

Merkel encourages G7 leaders to agree tough climate goals

KRUEN, Germany (Reuters) – German Chancellor Angela Merkel urged Group of Seven (G7) leaders to commit to tough goals to cut greenhouse gases at the final day of their summit in the Bavarian Alps on Monday.

Merkel, once dubbed the “climate chancellor”, hopes to revitalize her green credentials by getting the G7 industrial nations to agree specific emissions goals ahead of a larger year-end United Nations climate meeting in Paris.

Jun 6, 2015

Protesters clash with police ahead of G7 summit in Bavaria

GARMISCH-PARTENKIRCHEN, Germany, June 6 (Reuters) -
P rotesters clashed with police in the German resort town of
Garmisch-Partenkirchen on Saturday as thousands demonstrated
against a meeting of Group of Seven (G7) leaders that starts on
Sunday at a nearby luxury hotel.

Police responded with pepper spray when a group of marchers
tried to break through their cordon. Scuffles broke out and at
least one protester was carried away by paramedics.

Jun 6, 2015

Thousands protest in Bavaria ahead of G7 summit

GARMISCH-PARTENKIRCHEN, Germany (Reuters) – Thousands of demonstrators marched in the German resort town of Garmisch-Partenkirchen on Saturday to protest against a meeting of leaders from the Group of Seven (G7) industrial nations that starts on Sunday at a nearby luxury hotel.

Carrying banners reading “Fight G7 for Revolution” and “G7 go to hell! I like Putin”, the protesters converged near the railway station in the picturesque sun-drenched town at the foot of Germany’s highest mountain, the Zugspitze.

    • About Paul

      "I lead our economic news file from Berlin, where we report on the performance of the German economy – Europe’s largest – and economic policy: everything from financial regulation to dealing with the euro zone debt crisis. I previously reported on political and economic news from Paris and on earlier assignments worked in Frankfurt, Vienna and London."
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