Angela Merkel
Economy
Eurozone Chief Says Greece May Need Third Bailout
ATHENS - With the ink still not dry on a second bailout for Greece - this one for $172 billion to go along with a first ongoing series of $152 billion in rescue loans to keep the country from...
Economy
Troika Warns Greece: Comply or No More Aid
ATHENS – Despite a second bailout and a pending deal with investors to write down as much as $134 billion in debt, Greece will not be eligible for continued foreign aid if it does not comply with demands to...
Europe
Angela Merkel Apologizes To Relatives Of German Neo-Nazi Victims
German Chancellor Angela Merkel delivered a speech during a memorial ceremony for victims of far-right violence in Germany at the Concert Hall at the Gendarmen Markt in Berlin Thursday, Feb. 23, 2012.
Chancellor Angela Merkel apologized to the relatives of...
Greece
Greek Journalist Yiorgos Trangas Fined €25,000 For Insulting German Chancellor Angela Merkel
Popular Greek journalist Yiorgos Trangas has been fined for insulting German Chancellor Angela Merkel. Trangas was fined €25,000 for referring to Merkel as the "tart of Berlin" during a live radio broadcast of his radio show on Real FM.
According...
Greece
Merkel Optimistic Greek Deal Can Be Agreed Monday
The leaders of Germany, Italy and Greece are "optimistic" that a deal on a second massive bailout for Athens can be clinched next week, a spokesman for German Chancellor Angela Merkel said Friday.
Agreement on a second, €130 billion ($170...
Greece
Drawing on 'Independent' Depicts Merkel as Modern Cronus Swallowing Greeks
The "Independent" newspaper presented a drawing depicting Angela Merkel as a Modern Cronus.
The 'Cronus' Angela is being shown swallowing Greeks, having wrapped the Greek flag around her neck while the Greek country is being burnt.
The cartoonist of this drawing...
Greece
Merkel΄s Spokesman: Germany Welcomes Greek Vote
German Chancellor Angela Merkel’s government welcomed the decision of the Greek parliament to vote in favor of further austerity measures, according to Bloomberg.
“These decisions show the will and the readiness of the Greeks to undertake major efforts of their...
Economy
Wolfgang Schaeuble Told MPs Greek Plan Short of Target
German Finance Minister Wolfgang Schaeuble told conservative lawmakers on Friday that existing Greek reform pledges would not bring its debt down to levels that are considered sustainable, sources who attended the meeting said.
"Schaeuble said the current plans would leave...
Greece
Merkel Says "I Will Not Participate in Pushing Greece Out Of the Eurozone”
Angela Merkel on Tuesday night swore eurozone partners to a long and painful process of structural reform to restore the economic growth the eurozone needed to overcome its debt crisis, reports the Financial Times.
Germany’s chancellor also stressed that reforming...
Economy
Jean-Claude Juncker Backs Special Account for Greek Debt Interest
Eurogroup chief Jean-Claude Juncker lent support to a Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive debt.
The Luxembourg prime minister told Berlin's RBB Inforadio that the idea,...