Angela Merkel
Greece
EU Leaders Agree to Relocate 40,000 Migrants Who Landed in Greece, Italy
European Union leaders debated into the wee hours Friday at a summit in Brussels about how best to share in the handling of the continent's migrant crisis.
EU members Italy and Greece are currently bearing the brunt of the responsibility...
Economy
Germany, France Leaders: Saturday Deadline for Greek Agreement
Saturday's Eurogroup marks Greece's deadline to come to an agreement with creditors over the debt issue, said German Chancellor Angela Merkel and French President Francois Hollande. After that, Greece most likely will default on its payment to the International Monetary Fund...
Greece
Leaked NSA Intercepts: Hollande vs Merkel for the Fear of Grexit!
Fearing the potential impact of Greece eventually exiting the Eurozone on the French economy, President Francois Hollande held a secret meeting with the German Social Democratic Party leaders behind Angela Merkel’s back in 2012, NSA intercepts show.
The NSA intelligence...
Economy
Foreign Media Reports on European Leaders Summit
The prospect of an agreement continues to test SYRIZA’s strength, while talks are being held under stressful conditions. The catalytic role in bridging the gap and reaching an agreement will be played by German Chancellor Angela Merkel and Greek...
Economy
No Agreement on Greece But Optimistic Ending to Euro Summit
An emergency summit of Eurozone leaders broke up Monday night without an agreement on a Greek rescue, but there was optimism that a deal is very near.
The mood improved thanks to a new Greek proposal that European Council President Donald Tusk called...
Economy
Greece Sends New Proposal Ahead of Emergency Euro Summit
The Greek government sent its new proposal to the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) around 1:00 am on Monday.
The European Commission chief of staff Martin Selmayr confirmed that the new, improved...
Economy
Tsipras Calls Merkel, Hollande, Juncker to Present Mutually Beneficial Proposal
Prime Minister Alexis Tsipras on Sunday had phone contact with German Chancellor Angela Merkel, French President Francois Hollande, and European Commission President Jean-Claude Juncker to present a proposal for a mutually beneficial agreement.
Tsipras told the top European officials that...
Economy
Greece to Make New Proposals as Merkel Puts More Pressure
"We will try to supplement our proposal so that we get closer to a solution," State Minister Alekos Flabouraris said on Greek television on Saturday, after German Chancellor Angela Merkel said that Greece must make a deal with creditors before...
Economy
Foreign Media Reports on Eurogroup 'Shipwreck'
“It is never pleasant to watch a relationship founder. Greece’s Prime Minister, Alexis Tsipras, has charged its creditors with trying to humiliate the country; he has accused the IMF of ‘criminal responsibility’ for Greece’s suffering. Prominent euro-zone politicians are...
Economy
Greek Banks Brace for Massive Outflow After Eurogroup Breakdown
Greek banks are facing a full-blown crisis after Thursdays' Eurogroup broke down, leaving the specter of Greece's bankruptcy looming large.
Almost 3 billion euros flew out of Greek banks this week, with bank managers expecting more outflow on Friday. A representative of the...