
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.

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.

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.

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.

Chancellor Angela Merkel’s conservatives suffered a crushing defeat on Sunday in an election in Germany’s most populous state, a result which could embolden the left opposition to step up attacks on her European austerity policies.

A top visiting German trade official appealed to Brazilian companies Thursday to invest in Europe's largest economy, particularly in the former East Germany taking advantage of the country’s know-how.

Billionaire investor George Soros said financial markets are concerned other countries will follow Germany’s Bundesbank in girding against the end of the Euro.

Argentina’s government controlled Aircraft Factory, Fadea, plans a production of 100 Pampa II training and combat aircraft at its plant in Cordoba in association with the German company Grob Aircraft AG, it was announced.

German Chancellor Angela Merkel replied on Monday to Brazilian president Dilma Rousseff claims that Europe is involved in a “monetary tsunami” arguing that developed countries are very concerned with Brazil’s protectionist measures.Merkel and Rousseff met at Hannover where the Brazilian president was invited to open a high technology event.

German Chancellor Angela Merkel has agreed with other conservative European leaders to help President Nicolas Sarkozy in the French election campaign by spurning his Socialist challenger François Hollande, according to the German media Spiegel.