Tag: Germany

• Friday, June 22nd 2012 - 07:39 UTC

  Political deal in Germany on the ESM; mini summit in Rome to rescue Spain

  

  The German government and opposition reached on Thursday a deal that will allow parliament to approve the European Stability Mechanism, ESM, next week, but Germany's top court may delay the rescue fund's start date, saying it needed time to study the treaty.

• Monday, June 18th 2012 - 03:24 UTC

  Brussels willing to soften austerity measures for the Greek pro-bail out government

  

  European governments signaled a willingness to relent on Greece’s austerity measures as leaders turn from an election victory by Greek bailout proponents to focus on safeguarding the other 98% of the Euro economy

• Saturday, June 16th 2012 - 03:00 UTC

  Pitting the idea of growth against budgetary rigour is ‘simply rubbish’ says Merkel

  

  Germany's Angela Merkel regretted the lack of confidence among Euro leaders and warned against “mediocrity” as she stood firm against “growth quick fixes” to Europe's crisis.

• Thursday, June 14th 2012 - 23:08 UTC

  Merkel warns “Germany’s strength is not infinite” and there are “no miracle solutions”

  

  Chancellor Angela Merkel rebuffed pressure for Germany, Europe's most powerful economy, to underwrite debt or guarantee bank deposits in the euro zone.

• Monday, June 4th 2012 - 03:49 UTC

  Merkel signals to the opposition she is ready to accept measures to boost growth

  

  Chancellor Angela Merkel praised higher German wage deals and signalled flexibility on a financial transaction tax, in a sign she is open to new measures to boost growth in Europe.

• Thursday, May 31st 2012 - 18:33 UTC

  Indian school boy solves 350-year old mathematical problem set out by Newton

  

  An Indian school boy from Calcutta and currently in Germany, Shouryya Ray, has shocked everyone by solving a 350-year-old mathematical problem which was set by one of the greatest scientists and mathematicians, Sir Isaac Newton.

• Friday, May 25th 2012 - 20:44 UTC

  Germany should exit the Euro and revalue its currency, suggests top economist

  

  Germany should exit the Euro and revalue its currency as “damage control” to avoid the effects of contagion stemming from a Greek exit, which would cripple banks and trade in Europe, according to former Argentine Finance Secretary Guillermo Nielsen.

• Wednesday, May 16th 2012 - 22:15 UTC

  Following electoral disaster, Merkel fires federal Environment minister

  

  German Chancellor Angela Merkel fired Norbert Roettgen, the federal Environment minister who led her Christian Democratic Union to its worst-ever result in an election in Germany’s most populous state.

• Wednesday, May 16th 2012 - 04:01 UTC

  Merkollande admit differences but call for unity and growth in the Euro zone

  

  Despite their differences over how to drag Europe out of its current economic swamp, German and French leaders pledged to join efforts in reinvigorating growth in the continent during their first meeting on Tuesday.

• Monday, May 14th 2012 - 19:11 UTC

  Germany prepares to receive Hollande but insists on tight austerity measures

  

  The European Union cannot amend agreed rules on tighter fiscal discipline despite voters' rejection of austerity policies in several countries, and France's new leader must understand this, Germany's finance minister said.