Chancellor Angela Merkel on Wednesday said she had "great respect" for the economic reforms implemented by Italy, as the crisis-wracked country battles to bring down its debt.
Ratings agency Fitch offered a ray of light for the eurozone Tuesday as German Chancellor Angela Merkel met IMF chief Christine Lagarde on Greece's struggle to cut its debt, amid tentative signs of progress.
The leaders of Germany and France put aside their differences on a controversial tax of financial market transactions and promised to speed up various measures to ease the eurozone crisis, as the euro flirted with new market lows Monday.
As European leaders struggle to stave off a looming recession this year, Germany – the continent’s biggest and healthiest economy – is probably already in one, according to economists surveyed by <i>Die Welt</i> newspaper.
The European Central Bank put an end Tuesday to a bitter battle between France and Germany over a key post within the bank by naming a Belgian to the highly coveted position of chief economist.
German Chancellor Angela Merkel will receive French President Nicolas Sarkozy in Berlin on January 9 to prepare for a European Union summit on January 30, it was confirmed on Monday.
The number of employed people in Germany hit a new record in 2011, said official statistics published on Monday, with more than half a million jobs created last year in Europe's top economy.
Nearly half of all Germans are looking towards 2012 with more hope than fear, though the main challenge may be keeping that optimism, one expert has warned.
Ten years after the introduction of the euro, and in the midst of its biggest crisis to date, the AFP’s <b>Celine Le Prioux</b> says there are many reasons Europe’s biggest economy has benefited from the single currency.
Fear of inflation is growing in Germany as people lose their faith in the euro, with a third of those questioned for an opinion poll having little or no trust in the currency and nearly half are worried about where to put their savings.
Germany denied on Monday a report it was considering "elite bonds" to pool the debt only of eurozone countries with a top AAA credit rating as a response to its crippling debt crisis.
The leaders of Germany and France said the European Central Bank would not get a bigger role in alleviating the continent’s debt troubles, following a crisis meeting in Strasbourg.
Germany and France have warned Greece it will not get “one more cent” from the European Union or International Monetary Fund unless Athens abides by the terms of a rescue deal agreed upon last week.
Eurozone members could introduce a financial transaction tax even if other EU countries were opposed, German Finance Minister Wolfgang Schäuble told the Financial Times in an interview published Monday.
Chancellor Angela Merkel met French President Nicolas Sarkozy and other key European figures in Frankfurt ahead of this weekend’s Brussels summit on the Greek debt crisis.
German opposition parties have demanded another parliamentary vote following reports that the French and German governments are planning to expand the eurozone financial safety net even further.
German Chancellor Angela Merkel predicted Wednesday a eurozone bailout fund would be ratified this month despite rejection by Slovakia, and said all of Europe must help fight the crisis.
The EU's beefed-up eurozone bailout fund cleared its final hurdle in Germany Friday when the upper house of parliament backed the move to help debt-ridden countries.
The Bundestag approved the expansion of the eurozone bailout fund by a huge majority on Thursday. Chancellor Angela Merkel breathed a sigh of relief as 315 government MPs voted her way, averting a damaging revolt.
German MPs were set to back a beefed-up fund for debt-laden eurozone countries Thursday in a vote both key to stemming financial turmoil and a landmark test of Chancellor Angela Merkel's leadership.
Saarland State Premier Annegret Kramp-Karrenbauer has said that Germany's constitutional restriction on allowing debt to go above a certain level has been made redundant by the financial crisis.
The credit ratings agency Standard & Poor’s warned Tuesday that Germany’s top rating could be downgraded if Chancellor Angela Merkel’s government decides to pour more money into the European bailout fund.
European countries may beef up their financial rescue fund beyond the amount agreed in July, the EU finance commissioner Olli Rehn said in comments to be published in a Germany newspaper Monday.
Germany's top court will Wednesday decide on the legality of Europe's rescue fund, in a landmark ruling with major implications for future aid as the eurozone debt crisis continues to rage.
