BRUSSELS/BERLIN (Reuters) – Germany signaled on Wednesday it was ready to back plans for the European Central Bank to be made the chief supervisor of banks, raising the prospect of a breakthrough on the European Union’s most ambitious financial reform.
Finance Minister Wolfgang Schaeuble told the German cabinet he was “optimistic” about a deal ahead of a meeting of EU finance ministers in Brussels on Wednesday, a German official said, speaking on condition of anonymity.
BERLIN (Reuters) – The president of Kyrgyzstan warned in his first visit to the West on Tuesday his central Asian republic would suffer the kind of turmoil seen in the south of the region unless it consolidated democratic reforms.
“If we don’t develop democracy further in Central Asia or succeed in building a parliamentary democracy in Kyrgyzstan, then a new Afghanistan will arise in Central Asia,” President Almazbek Atambayev told a joint news conference in Berlin with German Chancellor Angela Merkel.
HANOVER, Germany, Dec 5 (Reuters) – Aygul Ozkan, the
daughter of a Turkish tailor, is the new face of Germany’s
Her election to the leadership board of the Christian
Democratic Union (CDU) represents a facelift for a party that
has for decades been dominated by white, Christian,
predominantly male politicians.
HANOVER, Germany (Reuters) – Germany’s conservative Christian Democrats (CDU) put on a show of total unity at a congress on Tuesday, re-electing Angela Merkel as party leader by a record margin as she prepares to fight for a third term as chancellor.
Merkel, at the height of her popularity, was returned unopposed as CDU chairwoman with 97.9 percent of votes from delegates who stood and applauded her for nearly eight minutes after she lauded Germany’s economic resilience in the euro crisis and promised to fight for jobs and prosperity.
HANOVER, Germany (Reuters) – Angela Merkel launched her re-election campaign on Tuesday at the height of her popularity, with a speech to a congress of her conservative Christian Democrats that showed off the party unity she will need to prevail in next year’s vote.
Delegates stood and applauded for eight minutes after Merkel told them they were the only party that could steer Germany through the “stormy waters” of economic crisis and geo-political change.
EISENHUETTENSTADT, Germany (Reuters) – This fading industrial city, like many in Angela Merkel’s former East German home, is stony ground for the chancellor’s message of European integration and fertile soil for opponents trying to stop her winning a third term next September.
More than two decades after unification, income and jobs in the five eastern states, home to 15 percent of the population, still lag behind the west and trillions of euros in transfers have not stemmed an exodus that has left some areas looking like ghost towns.
BERLIN (Reuters) – German lawmakers approved the latest bailout for Greece on Friday by a large majority despite growing unease about the cost to taxpayers less than a year before federal elections.
The outcome of the vote in the lower house was never in doubt but it was a test of Angela Merkel’s authority over her centre-right coalition. She did not manage to draw an absolute majority from her own ranks after 23 of her lawmakers rebelled.
BERLIN (Reuters) – Finance Minister Wolfgang Schaeuble urged German lawmakers on Friday to approve the latest bailout for Greece despite their growing unease about the cost to taxpayers less than a year before federal elections.
Schaeuble praised the new Greek government’s commitment to tough austerity measures but said speculation – including among German politicians – that Athens’s international creditors will eventually have to write off debt could derail the reform drive.
BERLIN (Reuters) – German lawmakers are likely to approve the release of Greek aid immediately despite suspicions that talks of a debt write-down have just been delayed until after Germany’s 2013 elections.
Chancellor Angela Merkel’s center-right coalition and the opposition Social Democrats (SPD) said on Tuesday that the Greek deal agreed overnight would be put to the vote in the Bundestag lower house on Thursday or Friday.
BERLIN (Reuters) – Germany’s environment minister has come out in support of a European Commission proposal to prevent the collapse of its instrument for cutting carbon emissions by withdrawing some emission permits from the market.
Peter Altmaier, an influential figure in Chancellor Angela Merkel’s Christian Democrats (CDU), told Reuters he hoped the ruling centre-right coalition could agree to support it in time for a European Union summit in December.