Almost 70 percent of Germans now favour the euro, and only 27 percent would prefer to ditch the common currency and return to the once-beloved deutschmark, a survey published on Tuesday found.
US investment guru George Soros has squarely blamed Germany for the escalation of Europe’s debt crisis – and in particular Chancellor Angela Merkel’s cautious approach.
Chinese Premier Wen Jiabao told German Chancellor Angela Merkel on Friday that Beijing would continue to take "practical action" to support Europe in its battle to resolve its debt crisis.
Chancellor Angela Merkel hailed an agreement at an EU summit on Thursday night after pushing through key German demands for a permanent rescue fund for financially troubled members of the eurozone.
The European Central Bank said Thursday that it will nearly double its subscribed capital by 2013 due to greater volatility in financial markets and interest rates, and heightened credit risks.
German Chancellor Angela Merkel urged European leaders to rally around the crisis-battered euro at a critical summit beginning on Thursday, saying the success of the single currency depended on unity.
The crisis rattling the euro has shaken Germans' confidence in the currency but despite the grumbling, the advantages for the world's number two exporter far outweigh the downsides, analysts and politicians say.
The majority of Germans want to keep the euro as their currency despite the current financial woes of several European Union countries, a new poll revealed on Friday.
Chancellor Angela Merkel on Wednesday joined a chorus of German officials criticising the United States’ current economic policies, setting the stage for a contentious G20 summit later this week.
German Economy Minister Rainer Brüderle on Friday slammed a US proposal to regulate the trade balances of G20 nations as tantamount to abandoning free market principles.
A decade after its introduction, three-quarters of Germans have confidence in the stability of the common European currency, the euro, a survey by the polling firm Forsa has found.
The German economy got off to a stronger-than-expected start to the year, growing 1.5 percent in the first quarter, preliminary data from the Federal Statistics Office showed on Thursday.
Europe’s single currency the euro cracked through the $1.60 level for the first time ever on Tuesday, raising fears for Germany’s export-led economy.
