Politics Angela Merkel

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  • BERLIN, Feb 12- Polish Prime Minister Beata Szydlo said on Friday she was alarmed by the support of some European countries for a gas pipeline project with Russia, warning that such policy went against the European Union's sanctions against Moscow. Russia's Gazprom and its European partners signed a shareholders' agreement on the Nord Stream-2 project last...

  • UPDATE 1-Germany offers 500 mln euros in credits to Iraq Thursday, 11 Feb 2016 | 10:14 AM ET

    BERLIN, Feb 11- Germany will provide 500 million euros worth of credit to Iraq to help it weather the sharp downturn in global oil prices, Chancellor Angela Merkel said on Thursday after talks with Iraqi Prime Minister Haider al-Abadi. "Germany is ready to do what it can... to stabilize Iraq in view of the big security challenges and economic challenges," Merkel told a...

  • Germany to loan Iraq $566 million to aid reconstruction Thursday, 11 Feb 2016 | 8:11 AM ET

    BERLIN— Chancellor Angela Merkel says Germany will give a 500 million-euro loan to Iraq to help rebuild the country's infrastructure. At a meeting with Iraqi Prime Minister Haider al-Abadi on Thursday in Berlin, Merkel said Germany also wants to help with the demining of cities and towns in Iraq so the country's 3 million internal refugees can return to their...

  • *Bank's market value has almost halved since a year ago. FRANKFURT, Feb 9- Deutsche Bank bosses face a formidable task to drag its shares off a 30- year low, with reassurances about its capital levels doing little to improve investor confidence and few other options on the table to trigger a recovery. Germany's flagship lender has trailed its rivals in bouncing...

  • BERLIN, Feb 9- In 2010, France's then Finance Minister Christine Lagarde urged Germany to boost economic demand at home and help weaker euro zone states recover from the global crisis. Those who say Germany is gradually rebalancing its economy, after decades of relying mainly on its exporters for growth, point to forecasts that domestic demand will account for...

  • LISBON, Portugal— In a tug of war over budgets, the European Commission approved Portugal's so-called anti-austerity spending plan on Friday, but only after extracting a promise for almost $1 billion in additional cost cuts. Left-wing and center-left governments— particularly in Greece, Spain, Italy and France— have long complained that the EU's executive...

  • BERLIN, Feb 4- German real wages rose at the strongest rate in more than 20 years in 2015 due to record-low inflation and robust pay hikes, data showed on Thursday, boosting private consumption which has become the main driver of growth in the economy. Chancellor Angela Merkel's government introduced a national minimum wage of 8.50 euros per hour at the beginning...

  • BERLIN/ HAMBURG, Feb 3- Popular support for German Chancellor Angela Merkel has tumbled to its lowest level for 4 1/ 2 years, a poll showed on Wednesday, with a large majority of voters sceptical that her government has the refugee crisis under control. The survey for public broadcaster ARD also showed a drop in support for Merkel's conservatives, while backing for...

  • *Auto bosses say Germany lags rival countries. FRANKFURT, Feb 3- Germany needs incentives to boost demand for electric cars if it is to retain its leading edge as an automotive market, industry bosses said on Wednesday, a day after a high-level meeting with Chancellor Angela Merkel ended without a deal on subsidies. Germany lags other markets like Norway and the...

  • GREIFSWALD, Germany— Scientists in Germany flipped the switch Wednesday on an experiment they hope will advance the quest for nuclear fusion, considered a clean and safe form of nuclear power. Following nine years of construction and testing, researchers at the Max Planck Institute for Plasma Physics in Greifswald injected a tiny amount of hydrogen into a...

  • FRANKFURT, Feb 2- Chancellor Angela Merkel summoned auto bosses to Berlin on Tuesday to discuss ways to increase sales of low emissions electric and hybrid cars in the wake of Volkswagen's pollution cheating scandal. BMW, Mercedes-Benz and Audi now rank 12th, 14th and 22nd respectively in terms of global sales of hybrid and electric vehicles, data from LMC...

  • BERLIN— Germany is mulling taking away benefits from asylum-seekers if they refuse to try to learn the language and integrate; Denmark has just approved a measure to let police seize valuables from migrants to help cover their housing and food costs; and an Austrian province this week is expected to more than halve payments to many refugees.

  • ANKARA, Jan 30- Almost 40 people drowned and 75 were rescued after a boat carrying migrants to Greece sank off Turkey's western coast on Saturday, according to local officials and the Turkish Dogan news agency. More than one million refugees and migrants arrived in the European Union last year and some 3,600 died or went missing, forcing the EU to mull suspending...

  • BERLIN/ FRANKFURT, Jan 29- German politicians and auto executives will discuss creating incentives worth up to 5,000 euros to boost sales of electric and hybrid cars, a senior ally of Chancellor Angela Merkel said on Friday. Germany has set itself a goal of bringing 1 million electric cars onto its roads by 2020, but has so far made little progress in encouraging...

  • Germany considers $5,500 incentive for electric cars Friday, 29 Jan 2016 | 9:32 AM ET

    FRANKFURT/ BERLIN, Jan 29- German politicians and auto executives will discuss creating incentives worth up to 5,000 euros to boost sales of electric and hybrid cars, a senior ally of Chancellor Angela Merkel said on Friday. Germany has set itself a goal of bringing 1 million electric cars onto its roads by 2020, but has so far made little progress in encouraging...

  • DAVOS, Switzerland, Jan 23- Angela Merkel was missing from Davos this year, but the German leader's optimistic mantra "we can do this" echoed through the snowy resort in the Swiss Alps. At the top of the lengthy list of worries was Europe, whose policymakers remain deeply divided in their approach to the refugee crisis at a time when the bloc faces a host of other...

  • Desperate in Davos: policymakers struggle for answers Saturday, 23 Jan 2016 | 11:14 AM ET

    DAVOS, Switzerland, Jan 23- Angela Merkel was missing from Davos this year, but the German leader's optimistic mantra "we can do this" echoed through the snowy resort in the Swiss Alps. At the top of the lengthy list of worries was Europe, whose policymakers remain deeply divided in their approach to the refugee crisis at a time when the bloc faces a host of other...

  • BERLIN, Jan 23- German Chancellor Angela Merkel looked ever more isolated over her open-door policy on refugees on Saturday as it emerged that the leader of her party's Bavarian allies suggested this week she had become impervious to other people's views on the issue. "Chancellors in an advanced stage of their office only believe in themselves," Horst Seehofer,...

  • Davos elites fear weakened European Union Thursday, 21 Jan 2016 | 12:39 PM ET

    DAVOS, Switzerland, Jan 21- Fear of a severe weakening of the European Union is the hot topic in the corridors and executive suites of Davos this year with business leaders and politicians at the World Economic Forum alarmed at closing borders and the risk of a British exit. Now it is the European Union itself that is seen at risk, buffeted by a sea of crises over...

  • BRUSSELS, Jan 20- Adding border checks to Europe's passport-free area would cost 3 billion euros a year in lost business, the bloc's chief executive said on Wednesday, seeking to reinforce a message that impulsive measures to curb migrant flows would hurt the economy. With some 1.7 million workers crossing EU internal borders every day and with 57 million...