Angela Merkel

Greek Prime Minister George Papandreou’s surprise announcement will ask voters to decide the fate of international bailout loans and his wobbly Administration through a referendum sent shock waves through the markets, rattling Wall Street, angering European leaders who just...

Prime Minister George Papandreou will travel to Cannes tomorrow to discuss developments in Greece with leaders of the Group of 20, a Greek government official said. Papandreou, who spoke with German Chancellor Angela Merkel today, is travelling to the meeting...

French President Nicolas Sarkozy was reported to be “dismayed” by the news that Papandreou would call a referendum on the bailout deal. Sources close to Sarkozy said, “The Greek’s gesture is irrational and, from their point of view, dangerous.”...

A leader in Chancellor Angela Merkel's center-right coalition said on Tuesday he was "irritated" to hear Greek Prime Minister George Papandreou had called a referendum on the EU bailout deal for his country. Rainer Bruederle, parliamentary floor leader for the...

French Finance Minister Francois Baroin said Saturday that euro zone leaders will announce the extent to which private sector creditors will write down their Greek bonds at a summit in Brussels slated for next Sunday. Baroin said that significant progress...

ATHENS – Finance Minister Evangelos Venizelos reiterated that Greece will do whatever it takes, including following the demands of the European Union-International Monetary Fund-European Central Bank Troika lending the country $152 billion to stay afloat, and challenged private dissenters...

Eurozone members were considering a possible Greek debt write-down of up to 60 per cent, German negotiators told dpa on Sunday, hours before German Chancellor Angela Merkel was due to meet French President Nicolas Sarkozy for talks in Berlin. Sources...

German Chancellor Angela Merkel talked with Greek Prime Minister Georges Papandreou Tuesday, his office announced, as the eurozone debt crisis threatened to claim its first bank victim. Papandreou's office said the call was made as "part of the frequent and...

A top official from Chancellor Angela Merkel's Bavarian sister party called Sunday for debt-mired Greece to exit the eurozone, as Germany's leader fights to keep her government on message during the crisis. "I think it is a solution, if you...

ATHENS – As Prime Minister George Papandreou’s PASOK Socialist Members of Parliament unanimously supported an emergency property tax as part of crushing new austerity measures ordered by international lenders in return for money to keep Greece from going bankrupt,...