Tag: Germany

Monday, May 13th 2013 - 04:08 UTC

German president in Brazil to promote trade and investments

President Gauck in Sao Paulo to mark the start of the Year of Germany in Brazil

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.

Monday, April 1st 2013 - 10:03 UTC

Sao Paulo will host 1.500 political and business leaders from Germany and Brazil

Thomas Schmall new president of the Brazil-Germany Chamber of Commerce

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.

Monday, April 1st 2013 - 09:32 UTC

Opposition admits it will be hard to beat Chancellor Merkel in September

Merkel in track to win a third mandate but could also fall short of a clear majority

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.

Wednesday, February 27th 2013 - 21:00 UTC

A turning event 60 years ago: ‘German economic miracle’ or debt condolence

Historian Rombeck-Jaschinski: ”The Britons above all took the view that the Germans could essentially pay everything back, but the Americans blocked them”

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.”

Friday, February 15th 2013 - 05:34 UTC

Germany and France poor performance plunge Euro zone into recession

Bad news for Chancellor Angela Merkel who faces a federal election next September

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.

Saturday, December 15th 2012 - 06:15 UTC

“Support linked to competitiveness” Merkel tells the EU members

The Germany chancellor once again draws the line (Photo: Reuters)

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.

Friday, December 14th 2012 - 07:16 UTC

EU reaches landmark deal to make the ECB the top banking supervisor

“We succeeded in securing Germany's key demands” said Chancellor Merkel

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.

Thursday, October 18th 2012 - 16:07 UTC

Paymaster Germany suggests EU Executive veto power over national budgets

Merkel sets out Germany’s conditions: no more cosmetic accounting  (Photo. AFP)

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.

Tuesday, October 16th 2012 - 07:29 UTC

Soros suggests that if Germany does not lead, it should leave the Euro

Germany needs to step up to save the Euro and the Euro bond plan, insists Soros

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.

Wednesday, September 26th 2012 - 01:38 UTC

Merkel says Germany is ‘not an island’; warns about Euro zone competitiveness

The chancellor said 40% of German exports go to Euro zone and 60% to the EU

Chancellor Angela Merkel said on Tuesday that Europe could only hope to come out of its crisis stronger and compete in a globalized world if its members pressed ahead with painful reforms and moved to more responsible budget policies.


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