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Germany blasts proposed EU budget
Economy

Germany blasts proposed EU budget

Germany on Thursday blasted as "irresponsibly high" the European Commission's proposal for the next 2014-2020 budget, saying it set a poor example during the eurozone debt crisis.
Merkel tells bankers to help bailout Greece
Economy

Merkel tells bankers to help bailout Greece

German Chancellor Angela Merkel Wednesday called on bankers to help bailout Greece, saying they "should lend a hand" to eurozone governments trying to hammer out a new rescue package for the debt-ridden country.
Banks demand incentives to back Greek bailout
Economy

Banks demand incentives to back Greek bailout

German banks indicated on Tuesday they want incentives before agreeing to take part in a bailout of Greece, saying they have €10 billion to €20 billion ($14 billion - $28 billion) invested in the country's bonds.
Merkel wants EU boss at IMF if Strauss-Kahn goes
Economy

Merkel wants EU boss at IMF if Strauss-Kahn goes

German Chancellor Angela Merkel said on Monday that Europe should remain in charge of the International Monetary Fund and stressed the presumption of innocence of IMF boss Dominique Strauss-Kahn, who has been arrested for attempted rape in New York.
Media roundup: Is Europe coming apart?
Immigration

Media roundup: Is Europe coming apart?

As European countries threaten to reintroduce border controls, some worry the idea of a united Europe is in danger. In The Local's media roundup, the German media expresses its scepticism and concern for the future.
Koch-Mehrin resigns due to plagiarism row
Europe

Koch-Mehrin resigns due to plagiarism row

Free Democrats MEP Silvana Koch-Mehrin resigned from all her party positions, and her job as Vice President of the European Parliament on Wednesday evening in the wake of a scandal of alleged plagiarism in her doctoral thesis.