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Angela Merkel

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  • Business Highlights Friday, 29 Aug 2014 | 5:40 PM ET

    Malaysia Airlines to cut 6,000 staff in overhaul. KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

  • *FTSEurofirst 300 flat, Euro STOXX 50 down 0.1 pct. *Airlines down after volcano eruption in Iceland. LONDON, Aug 29- European shares were poised to end a positive August on a softer note on Friday after euro zone inflation data slightly cooled market speculation about fresh monetary stimulus by the European Central bank.

  • MOSCOW, Aug 29- The Ukraine conflict has evoked many memories of the Cold War, including a footloose attitude to the truth. But there are also some European powers, including Germany and France, who despite being on the opposite side of the crisis share Putin's desire not to paint it as an out-and-out war between Russia and Ukraine.

  • *FTSEurofirst 300, Euro STOXX 50 up 0.1 pct. *Euro STOXX 50 set for best monthly gain since Feb. LONDON, Aug 29- European shares trimmed their early gains on Friday as euro zone inflation data slightly cooled market speculation about fresh monetary stimulus by the European Central bank.

  • German economic fears growing but Merkel strong Friday, 29 Aug 2014 | 5:12 AM ET

    "She holds her line, and this gives the German electorate the impression she is doing a good job in the interests of Germany," said Nils Diederich, a political scientist at Berlin's Free University. Merkel's support stands at 65 percent according to the latest polls, and her party was also by far the most popular in Germany.

  • Europe shares inch; Tesco sinks after warning Friday, 29 Aug 2014 | 4:30 AM ET

    *FTSEurofirst 300 up 0.3 pct, Euro STOXX 50 up 0.5 pct. PARIS, Aug 29- European shares rose in early trade on Friday, recovering some of the ground lost in the previous session as investors awaited inflation figures that may shed light on the European Central Bank's next policy move.

  • *NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 29- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.

  • *NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 28- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.

  • Aug 28- New tensions in Ukraine, which has accused Russia of further incursions, may serve to light a fire under efforts to bring looser monetary and fiscal policies to the euro zone. While Russia has denied the allegations, NATO on Thursday said that well over 1,000 Russian troops were now inside Ukraine in what would represent a large increase.

  • *NATO source says more than 1,000 Russian troops in Ukraine. Earlier Poroshenko said he had cancelled a visit to Turkey because of the "rapidly deteriorating situation" in the eastern Donetsk region, "as Russian troops have actually been brought into Ukraine".

  • *Decisions will help shape EU policy on economy, Ukraine. WARSAW/ BRUSSELS/ PARIS, Aug 28- Polish Prime Minister Donald Tusk is seriously considering a proposal that he take the post of president of the European Council, a Warsaw government spokeswoman said on Thursday, linking his decision to the crisis in neighbouring Ukraine.

  • *NATO source says more than 1,000 troops in Ukraine. Earlier he said he had canceled a visit to Turkey because of the "rapidly deteriorating situation" in the eastern Donetsk region, "as Russian troops have actually been brought into Ukraine".

  • Poland's ruling party fears defeat if PM lands EU top job Thursday, 28 Aug 2014 | 11:06 AM ET

    *Polish PM Tusk favorite to take helm of European Council. WARSAW, Aug 28- If Polish Premier Donald Tusk becomes, as tipped, President of the European Council, it would mark Poland's arrival at the top table of EU policymaking, but could drag his ruling Civic Platform party to defeat at next year's domestic elections.

  • *EU leaders to hold jobs summit on Saturday in Brussels. BRUSSELS/ PARIS, Aug 28- Polish Prime Minister Donald Tusk has emerged as clear favorite for the key post of president of the European Council when EU leaders meet for a special summit on Saturday, several sources familiar with the selection process said.

  • BERLIN, Aug 28- After ramming austerity medicine down the throats of smaller euro zone countries for the past four years, Germany is showing clemency towards its closest ally, France.

  • EU struggles with dearth of women in top jobs Thursday, 28 Aug 2014 | 5:41 AM ET

    BRUSSELS— Don't be fooled by Angela Merkel. "If you look at the family picture of these European summits for the past few years, there always is this blot of grey men in lookalike suits and the color of only a few women," said European political science Professor Hendrik Vos of Ghent University.

  • Polish PM Tusk favourite for top EU job - sources Thursday, 28 Aug 2014 | 5:32 AM ET

    *EU leaders to hold jobs summit on Saturday in Brussels. BRUSSELS/ PARIS, Aug 28- Polish Prime Minister Donald Tusk has emerged as clear favourite for the key post of president of the European Council when EU leaders meet for a special summit on Saturday, several sources familiar with the selection process said.

  • *Ukraine says more Russian soldiers crossed border in east. KIEV/ DONETSK, Ukraine, Aug 27- Ukraine accused Russia of launching a new military incursion across its eastern border on Wednesday, as hopes quickly faded that Tuesday's talks between their two presidents might mark a turning point in a five-month-old crisis.

  • Germany plans to tighten EU migration rules Wednesday, 27 Aug 2014 | 7:39 AM ET

    BERLIN— The German government proposed measures Wednesday to tighten migration regulations for citizens from elsewhere in the European Union amid accusations of welfare abuse by poor immigrants from Bulgaria and Romania.

  • LONDON, Aug 26- British Prime Minister David Cameron is ready to back his Polish counterpart Donald Tusk as the next president of the European Council after receiving assurances he is sympathetic to the British leader's plans to reform the European Union.