Tag: Angela Merkel

• Wednesday, September 7th 2011 - 23:30 UTC

  Germany’s high court gives Parliament greater say in Euro zone bailouts

  

  Germany's top court handed its country's parliament a greater say over Euro zone bailouts, potentially hampering Berlin's ability to act decisively against a debt crisis which Chancellor Angela Merkel said needed a fundamental rethink to solve.

• Tuesday, September 6th 2011 - 06:28 UTC

  European markets plunge on renewed Euro fears and lack of confidence

  

  World shares fell Tuesday morning and the Euro came under pressure following a huge sell-off in Europe as renewed Euro zone debt woes added to already weak confidence in the global economy.

• Wednesday, August 31st 2011 - 21:24 UTC

  Merkel bets she can convince ruling coalition sceptics to further support the Euro

  

  German Chancellor Angela Merkel's cabinet approved Wednesday new powers for the Euro zone's bailout fund, kicking off a month-long battle to convince sceptics in her conservative camp to back efforts to contain the bloc's crisis.

• Thursday, August 25th 2011 - 06:13 UTC

  Growing dissent in German government over ECB purchase of sovereign bonds

  

  The German president has fueled concerns of a split in Chancellor Angela Merkel's Christian Democrats after he criticized a move by the European Central Bank to resume buying Italian and Spanish sovereign bonds.

• Thursday, August 25th 2011 - 00:15 UTC

  Cristina Fernandez among the 20 most powerful women in the world, says Forbes

  

  Argentine president Cristina Fernandez de Kirchner is the second most powerful Latinamerican woman in the world according to a ranking released by Forbes.

• Wednesday, August 17th 2011 - 08:16 UTC

  Sarkozy and Merkel pledge support for the Euro but disappoint markets

  

  The leaders of France and Germany meeting in Paris unveiled wide-reaching plans for closer Euro zone integration, including deficit limits and biannual summits but said joint Euro bonds could only be a long-term option.

• Monday, August 8th 2011 - 11:28 UTC

  European Central Bank expected to buy Italian and Spanish bonds

  

  The European Central Bank has said it will buy Euro zone bonds, following emergency talks on the debt crisis. ECB did not say which bonds it would buy but analysts expect them to be from Italy and Spain.

• Friday, July 22nd 2011 - 00:25 UTC

  Paris-Berlin soften rescue terms admit “selective default” and announce Euro IMF

  

  Euro zone leaders agreed at an emergency summit on Thursday to give their financial rescue fund sweeping new powers to help Greece overcome its debt crisis and prevent market instability from spreading through the region.

• Monday, July 11th 2011 - 18:12 UTC

  Euro-confidence crisis contagion reaches Italy and again attacks Spain

  

  European finance chiefs will consider how to dig Greece out of its financial hole just as markets batter the bonds of Spain and Italy, opening a new front in the debt crisis.

• Monday, July 4th 2011 - 18:05 UTC

  Redefining ‘default’ so that private banks can roll over Greek debt

  

  Ratings agency Standard and Poor's warned on Monday that efforts to bailout Greece involving private banks could amount to a debt default even as Brussels sees progress being made in resolving the crisis.