Tag: Germany

• Tuesday, October 18th 2011 - 09:04 UTC

  Mujica tries “to sell” Uruguay in Hamburg; Tuesday with Chancellor Merkel

  

  Uruguayan president Jose Mujica tried to seduce German investors and business people during his first day visit to Germany which has been marked by the impact of the European crisis. On Tuesday he is scheduled to meet Chancellor Angela Merkel and President Christian Wulff.

• Monday, October 17th 2011 - 17:28 UTC

  Germany warns Greek bondholders will have to accept steeper ‘hair-cut’

  

  Germany lowered expectations of a breakthrough in the Euro zone's sovereign debt crisis next weekend, saying Sunday's EU summit will not produce a final solution, and kept up pressure on banks to accept bigger write-downs on Greek debt.

• Monday, October 10th 2011 - 05:35 UTC

  Sarkozy/Merkel promise package to solve Euro crisis…for the end of October

  

  The leaders of Germany and France promised to unveil a new comprehensive package for solving the Euro zone's debt crisis by the end of the month, but offered no details and papered over differences on how to shore up European banks.

• Thursday, September 29th 2011 - 17:16 UTC

  German parliament approves Euro bail out fund to cut Greek contagion

  

  A large majority in the German parliament has approved expanded powers for the EU main bailout fund. Chancellor Angela Merkel received stronger than expected support in the Bundestag despite some in her coalition vowing to oppose the bill.

• Thursday, September 29th 2011 - 06:31 UTC

  Divided German coalition votes to strengthen Euro support fund

  

  Commodity prices fell and stocks ended a three-day rally on Wednesday on anxiety over a looming German vote to strengthen the fund set up to help the Euro zone combat its debt crisis.

• Wednesday, September 28th 2011 - 01:17 UTC

  Germany promises help to rebuild confidence in debt-stricken Greece

  

  Germany will do all it can to rebuild confidence in debt-stricken Greece as it implements reforms to meet the conditions of its international bailout package, Chancellor Angela Merkel said on Tuesday.

• Thursday, September 22nd 2011 - 08:21 UTC

  Fifteen “Pirates” bring fresh air to Berlin and humiliate Merkel’s coalition

  

  Last Sunday outside of Germany and probably Eastern Europe the feat was ‘uneventful’, but the Pirate party ‘captured’ 15 seats in Berlin’s state assembly with 8.5% of the votes humiliating major parties such as the Free Democrats and landing Chancellor Angela Merkel yet another political setback.

• Tuesday, September 20th 2011 - 21:33 UTC

  (Paymaster) Germany needs Parliament approval on deciding Euro zone bailouts

  

  Leading lawmakers in German Chancellor Angela Merkel's coalition have agreed a draft law on an enhanced Euro zone bailout fund to give a greater say to parliament in line with a court ruling earlier this month.

• Tuesday, September 13th 2011 - 07:23 UTC

  Germany debates “taboos” and possible “orderly insolvency” for Euro zone crisis

  

  German Chancellor Angela Merkel said on Tuesday there were generally no taboos in politics but that the Euro zone crisis would not have a mechanism for ‘orderly insolvency’ of one of its members until its permanent rescue mechanism comes into power in 2013.

• Monday, September 12th 2011 - 02:01 UTC

  German ‘pragmatic’ top official for ECB board to help tackle Euro crisis

  

  Germany has proposed Deputy Finance minister Joerg Asmussen to replace Juergen Stark on the European Central Bank's executive board, Finance Minister Wolfgang Schaeuble said.