Tag: Germany
GermanyPope Francis and Merkel talk economics: ‘rules of the social market have not been observed”
German Chancellor Angela Merkel met Pope Francis and, apparently responding to his criticism of a heartless “dictatorship of the economy” and the “cult of money”, called for stronger regulation of financial markets.
German president in Brazil to promote trade and investments
German President Joachim Gauck arrived on Sunday to Brazil with economic and trade issues as the centre of his visit. The trip to Sao Paulo marks the start of the Year of Germany in Brazil, which Gauck's predecessor Christian Wulff agreed on with Brazilian President Dilma Rousseff in May 2011.
Sao Paulo will host 1.500 political and business leaders from Germany and Brazil
Germany is keen to boost its already substantial investment in Brazil ahead of the 2014 World Cup and the 2016 Rio summer Olympics, the new president of the Brazil-Germany Chamber of Commerce said.
Opposition admits it will be hard to beat Chancellor Merkel in September
Germany's two main opposition parties traded warnings against joining forces with Chancellor Angela Merkel's conservatives after September's election if they fail to win their own left-of-centre majority.
A turning event 60 years ago: ‘German economic miracle’ or debt condolence
Highly indebted, without access to capital, viewed suspiciously by creditors, that was Germany in 1953. Half the country's debts were canceled 60 years ago this week, the foundation of the “economic miracle.”
Germany and France poor performance plunge Euro zone into recession
The Euro zone slipped deeper into recession in the last three months of 2012 after its largest economies, Germany and France, shrank markedly at the end of the year. It marked the bloc's first full year in which no quarter produced growth, extending back to 1995.
“Support linked to competitiveness” Merkel tells the EU members
European leaders agreed on Friday to press on with further steps to tackle their debt crisis but German Chancellor Angela Merkel threw out a proposal to boost risk-sharing with a fund to help Euro zone states in trouble.
EU reaches landmark deal to make the ECB the top banking supervisor
The European Union reached a landmark deal on Thursday to make the European Central Bank the bloc's top banking supervisor, giving EU leaders greater confidence that they are gaining the upper hand over the Euro zone's debt crisis.
Paymaster Germany suggests EU Executive veto power over national budgets
German Chancellor Angela Merkel demanded stronger central powers for the European Union's executive to veto national budgets that breach EU rules, risking a clash with close ally France at a summit of the bloc's leaders.
Soros suggests that if Germany does not lead, it should leave the Euro
The European Union could be destroyed by the “nightmare” Euro crisis, and Germany needs to take the responsibility to save the common currency, billionaire fund manager George Soros said on Monday.
