Senior Economics Correspondent, Germany
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Oct 18, 2015

Merkel heads to Turkey in a bind over Europe’s refugee crisis

BERLIN (Reuters) – German Chancellor Angela Merkel travels to Istanbul on Sunday desperate to secure Turkey’s help in stemming the flow of migrants from the Middle East to Europe, but without being seen to sacrifice their human rights.

Dubbed a “punch-bag” for her own party by some German media due to frustrations over the refugee crisis, Merkel wants to cement a European deal with Turkey on aid and closer ties in return for help in encouraging refugees there to stay put.

Oct 15, 2015

Merkel says Turkey key to solving Europe’s refugee crisis

BERLIN (Reuters) – German Chancellor Angela Merkel stressed Turkey’s “key role” in solving Europe’s refugee crisis ahead of a weekend visit to Ankara, as her government tightened asylum rules on Thursday to stem an influx of new arrivals.

With a bitterly divided EU struggling to cope with hundreds of thousands of people fleeing war and poverty in the Middle East, Asia and Africa, securing cooperation of non-member Turkey is seen as increasingly central to managing the problem.

Oct 14, 2015

German refugee policy row raises political heat on Merkel

BERLIN (Reuters) – A fall in support and a government row over the refugee crisis raised the heat on German Chancellor Angela Merkel on Wednesday, forcing allies to defend the integrity of her coalition.

Germany, a favored destination for migrants, expects 800,000 to a million new arrivals this year. Many Germans feel the country cannot cope with the record influx.

Oct 9, 2015

Leading economies agree plan to fight corporate tax avoidance

LIMA, Oct 9 (Reuters) – The Group of 20 major economies have
endorsed a package of measures to tackle corporate tax
avoidance, but questions remain about whether countries will
follow through on the plans or leave loopholes multinationals
can exploit.

G20 finance ministers agreed to back proposals drawn up by
the Organisation for Economic Co-operation and Development
(OECD) which aim to shake up rules dating back almost a century
that govern taxation of profits from international commerce.

Oct 9, 2015

Germany wants monitoring of new regime to fight corporate tax dodging

LIMA (Reuters) – German Finance Minister Wolfgang Schaeuble said on Thursday he would propose a monitoring scheme to ensure the full implementation of a proposed system to overhaul the way international companies are taxed.

The Organisation for Economic Cooperation and Development(OECD) published proposals on Monday to change outdated taxrules that allow multinational companies such as Apple Inc and Vodafone Group Plc to pay almost no tax on their profits in many jurisdictions.

Oct 8, 2015

IMF’s Lagarde sees tough policy trade-offs

LIMA (Reuters) – International Monetary Fund chief Christine Lagarde urged global policymakers on Thursday to support economic growth while also tackling financial risks stemming from the provision of easy money amid a “rapidly changing and uncertain world.”

Lagarde, presenting a Global Policy Agenda at the fund’s annual meeting in Peru, said a recovery in the United States was broadly on track and a rise in U.S. interest rates “is approaching” and would tighten global funding conditions.

Sep 13, 2015

Insight – Refugee crisis shows the changing soul of Germany

BERLIN (Reuters) – Europe’s refugee crisis is revealing the changing soul of Germany.

Back in 2010, Chancellor Angela Merkel declared that multi-culturalism in Germany had been an abject failure; today the nation is opening its arms to hundreds of thousands of refugees, many of them Muslims from Syria, Iraq and Afghanistan.

Sep 13, 2015

Refugee crisis shows the changing soul of Germany

BERLIN (Reuters) – Europe’s refugee crisis is revealing the changing soul of Germany.

Back in 2010, Chancellor Angela Merkel declared that multi-culturalism in Germany had been an abject failure; today the nation is opening its arms to hundreds of thousands of refugees, many of them Muslims from Syria, Iraq and Afghanistan.

Sep 8, 2015

Struggling Germany urges neighbours to do more to ease refugee crisis

BERLIN/MUNICH, Sept 7 (Reuters) – Germany told its European
partners they must take in more refugees on Monday as it
struggles to cope with record numbers of asylum seekers and as
police in Hungary used pepper spray on migrants who broke out of
a reception centre at the border.

Chancellor Angela Merkel, speaking after a weekend in which
20,000 migrants entered Germany from Hungary by train, bus and
on foot, described the influx as “breathtaking” and tried to
reassure the country the crisis was manageable.

Sep 7, 2015

Hit by new wave of refugees, Germany warns EU partners

BERLIN/MUNICH (Reuters) – Struggling to cope with a record influx of asylum seekers, Germany told its European partners on Monday they must take in more refugees too, saying the burden could not fall on just a few countries.

Chancellor Angela Merkel, speaking after a weekend in which some 20,000 migrants made their way to Germany from Hungary by train, bus and on foot, described the events of the past days as “breathtaking” and tried to reassure German citizens that the crisis was manageable.

    • 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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