Southern Europeans work more and longer than Germans revealed a study discarding recent comments made by Chancellor Angela Merkel arguing that workers in debt-mired Greece, Spain and Portugal are lazy.
Germany plans to shut all nuclear reactors by 2022, Chancellor Angela Merkel's ruling coalition announced Monday, in a policy reversal drawn up in a rush after the Fukushima disaster in Japan.
European leaders raced Saturday to nominate a successor for fallen IMF chief Dominique Strauss-Kahn before a G8 summit in France next week, with French Economy Minister Christine Lagarde in pole position.
Dominique Strauss-Kahn, (DSK) the head of the International Monetary Fund, may be forced to leave his post after being accused of trying to rape a maid in his New York hotel room. IMF is currently under John Lipsky Acting Managing Director.
German Chancellor Angela Merkel expressed support for Italy’s Mario Draghi as the next president of the European Central Bank, removing the final obstacle to his appointment to Europe’s top monetary post.
German Nobel Prize winner Gunther Grass fears that the nuclear disaster in Japan and other environmental issues could lead to an eco-dictatorship, according to an interview published in the “Haumburger Abenbdblatt”.
The Fukushima syndrome hit hard in Germany for Chancellor Angela Merkel's ruling coalition that suffered bruising losses in two state legislative elections Sunday, losing control of the main prize, Baden-Wuerttemberg state.
German Chancellor Angela Merkel is backtracking on nuclear power as the atomic emergency in Japan becomes an issue in state-election campaigns. Merkel’s decision to halt seven of Germany’s 17 reactors includes two in Baden-Wuerttemberg, where her party is battling to retain its 59-year-hold on the state in a March 27 vote.
European leaders widened the scope of the Euro’s rescue fund, authorized it to buy government bonds and eased the terms of Greek bailout loans as they unexpectedly pushed through fresh measures to end the bloc’s debt crisis.
Germany's hopes for the next European Central Bank (ECB) chief to be a German have been hit after another possible candidate ruled himself out of the job. Ex-finance minister Peer Steinbrueck said he was not interested in the role as he shared the same views as outgoing Bundesbank President Axel Weber.