Angela Merkel

In an ominous foreboding, German Chancellor Angela Merkel said if she wins re-election on Sept. 22 that she won't ease the pressure on Greece to keep imposing reforms if the Greek government wants her backing for continued rescue loans. Merkel,...

German Chancellor Angela Merkel has warned against a write-down of Greece’s debt but left open the option of more aid for Athens. Her comments come less than a month before elections. In an interview with Focus magazine released Sunday, Chancellor...

Speculation that Greece will need additional rescue aid for its economy is rapidly turning toward certainty with another European Union official acknowledging it seems inevitable and will be about 10 billion euros ($13 billion) to complement two bailouts totaling...

German Finance Minister Wolfgang Schaeuble said on Aug. 20 during a campaign stop to help Chancellor Angela Merkel's re-election bid next month that two bailouts of $325 billion from international lenders to prop up Greece haven't worked and that...

Hammering home a message repeated many times already, German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble said Greece will not be allowed to stiff international lenders with big losses the way it did to private investors, although critics...

Speaking in Berlin after returning from a two-week vacation German Chancellor Angela Merkel rebuffed questions about additional assistance for Greece. Instead, she pointed to “positive elements” as the euro economy begins a turnaround. “We need to give Greece a little...

According to the confidential report of Bundesbank, cited by the German magazine Spiegel, Greece will need another rescue package in 2014. In an internal document of the German Central Bank it said that that the European leaders must start immediately...

Coasting on a boost from his meeting with U.S. President Barack Obama in Washington, D.C. during Congress' summer recess when there were few official visits going on, Greek Prime Minister Antonis Samaras returns to political reality in preparation for...

The German newspaper Die Zeit published an article, entitled “The bill, please!” in which it charged that Chancellor Angela Merkel, facing re-election next month, is deliberately concealing that she will go along with Greece imposing losses on its lenders,...

Two bailouts of $325 billion haven't been enough to slow Greece's economic decline, even with big pay cuts, tax hikes and slashed pensions so the country will probably need more money and debt relief from European countries, according to...