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Angela Merkel

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  • BERLIN, April 18- Thousands of people marched in Berlin, Munich and other German cities on Saturday in protest against a planned free trade deal between Europe and the United States that they fear will erode food, labour and environmental standards. Opposition to the Transatlantic Trade and Investment Partnership is particularly high in Germany, in part due to...

  • FRANKFURT, April 17- The European Central Bank has analysed a scenario in which Greece runs out of money and starts paying civil servants with IOUs, creating a virtual second currency within the euro bloc, people with knowledge of the exercise told Reuters. Greece is close to having to repay the International Monetary Fund about 1 billion euros in May and...

  • BERLIN, April 16- Germany should use its strong fiscal position to lower taxes, leading German, Swiss and Austrian economic institutes said on Thursday in a report commissioned by the German government. The German government balanced its budget in 2014, a year ahead of schedule, and the institutes forecast that Berlin would achieve public budget surpluses of...

  • JERUSALEM— An Israeli ultra-Orthodox Jewish news website has cut Kim Kardashian— one of the world's most photographed women— from a photo taken of her in Jerusalem this week. The original photo of Kardashian, her husband, Kanye West, and Jerusalem's Mayor Nir Barkat was altered to put Kardashian behind a restaurant receipt. Nissim Ben Haim, an editor at the Kikar...

  • Modi urges Germany to invest in India Monday, 13 Apr 2015 | 9:56 AM ET

    India’s Prime Minister Narendra Modi hoped to woo investors and deepen trade links with Germany at an industrial fair in Hannover Monday.

  • BERLIN, April 11- Germany's economy minister warned on Saturday against overblowing expectations for an economic boost from a trade deal between the United States and European Union but said the pact was needed to set high common standards for consumers. The European Commission is trying to finalize a deal on the Transatlantic Trade and Investment...

  • The Iran talks overshadowed a sharp rise in crude oil stocks in the United States, where inventories rose by 4.8 million barrels to 471.4 million barrels in the week to March 27, according to the United States Energy Information Agency. Talks between Iran and six world powers in the Swiss city of Lausanne to settle a dispute around Tehran's nuclear programme...

  • UPDATE 5-Oil rallies as Iran nuclear talks drag on Wednesday, 1 Apr 2015 | 9:04 AM ET

    LONDON, April 1- Brent crude oil futures reversed early losses to rally to $55.50 barrel as talks over Iran's nuclear program continued, curbing expectations of an immediate deal that would allow Iranian crude onto the market. Talks between Iran and six world powers in the Swiss city of Lausanne to settle a dispute around Tehran's nuclear program extended past...

  • UPDATE 1-Germany sets very high bar for fracking Wednesday, 1 Apr 2015 | 7:26 AM ET

    *Opposition to fracking strong in Germany. Opposition is strong in densely populated Germany due to concerns about the risk of contaminating drinking water. Environment Minister Barbara Hendricks said the new law would set Germany's strictest conditions for fracking.

  • German cabinet imposes high barriers for fracking Wednesday, 1 Apr 2015 | 4:57 AM ET

    BERLIN, April 1- German Chancellor Angela Merkel's cabinet signed off on a draft law on Wednesday that imposes an effective ban on the controversial technique of fracking for shale gas. Opposition is strong in densely-populated Germany due to concerns about the contamination of drinking water. The new law will allow fracking for deep-lying or "tight" gas, a...

  • *Oil down on worries that Iran could add to supply. NEW YORK, March 31- The euro closed out the worst quarter in its 15- year history on Tuesday, slammed by monetary policy changes and worries about Greece, while U.S. stocks retreated a day after posting big gains. Federal Reserve will raise interest rates this year, while the European Central Bank's...

  • Merkel and Hollande edge closer after tragedies Tuesday, 31 Mar 2015 | 1:13 PM ET

    *Berlin and Paris to step up cooperation on energy, drones. BERLIN, March 31- The leaders of Germany and France announced plans on Tuesday to work more closely on economic and security issues after years of strain, saying the tragedies of the Charlie Hebdo killings and air crash in the French Alps had brought them closer. Chancellor Angela Merkel and President...

  • NEW YORK, March 31- U.S. stocks retreated on Tuesday from the previous session's rally, though major indexes were headed for a positive first quarter, while the euro was on track for its biggest quarterly fall as worries about Greece kept the currency under pressure. The European Central Bank's one-trillion-euro economic stimulus program, launched this month,...

  • Germany's Merkel says no time to lose on Greece Tuesday, 31 Mar 2015 | 9:36 AM ET

    BERLIN, March 31- German Chancellor Angela Merkel said on Tuesday that Greece needed to stick to its commitments and though there was some leeway for the new government to make some changes, it needed to fulfill the general framework of what had been agreed.

  • LONDON, March 31- The euro remained on track for its biggest quarterly fall and European shares for their best first quarter of the euro era on Tuesday as worries about Greece's finances kept the single currency under pressure. It is up a whopping 16 percent since Jan. 1, with Germany's DAX up 23 percent and France's CAC 19 percent higher, compared to a more modest 5...

  • *Greece lowers target for asset sales, proposes bad bank. ATHENS March 30- Prime Minister Alexis Tsipras on Monday appealed for an "honest compromise" with lenders but warned Greece would not agree to an "unconditional" one, after its biggest creditor demanded it do more to show commitment to reform. Athens could run out of cash by April 20, a source has previously said.

  • BRUSSELS, March 29- After decades of punching above its weight in Europe, Britain's influence in the European Union is waning, even before we know whether a promised referendum on "Brexit" will go ahead. But there is growing frustration in Brussels, Berlin and Paris at the lack of clarity over Prime Minister David Cameron's goals if he is re-elected on May 7 and seeks...

  • Germany's Merkel says Greek reforms must "add up" Monday, 30 Mar 2015 | 8:44 AM ET

    HELSINKI, March 30- German Chancellor Angela Merkel said on Monday that Greece had a certain degree of flexibility on which reforms it implements but that the measures must "add up" to the satisfaction of its European partners. "The question is can and will Greece fulfil the expectations that we all have," Merkel said during a visit to Helsinki.

  • DUESSELDORF, Germany, March 30- Latecomers to the digital age, big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants. More than half of the firms on Germany's blue-chip DAX index trace their roots back to the 19th century or earlier.

  • *Mourning ceremony on April 17 in Cologne Cathedral. BERLIN, March 28- The co-pilot suspected of deliberately crashing an airliner, killing 150 people, had told his girlfriend he was planning a spectacular gesture so "everyone will know my name," a German daily said on Saturday. The Bild newspaper published an interview with a woman who said she had had a...