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Angela Merkel

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  • *EU says won't discuss debt relief till Greece agrees reforms. *Greece says EU/IMF policy differences hamper talks. ATHENS/ BRUSSELS, May 5- Greece blew hot and cold with its euro zone partners on Tuesday as it struggled to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up.

  • *Greek ministers visit Frankfurt, Brussels, Paris. ATHENS/ BRUSSELS, May 5- Greece stepped up diplomacy with euro zone partners on Tuesday to try to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up. Ministers were travelling to Frankfurt, Brussels and Paris to plead for a loosening of...

  • *Athens' ATG index down 3 pct as debt worries weigh. Traders cited concerns that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns as weighing on the Greek market, with Greek bond yields also rising. Nevertheless, many traders still said new economic stimulus measures from the European...

  • LONDON— Ian Robinson, co-owner of a small investment firm in London, is watching Britain's general election this Thursday with unease. A victory for Prime Minister David Cameron's Conservative Party could bring Britain a step closer to leaving the 28- nation European Union, a move many companies fear would cause damage by increasing costs of doing business on...

  • UPDATE 1-Airbus to file complaint in German spy scandal Thursday, 30 Apr 2015 | 2:03 PM ET

    BERLIN, April 30- Airbus Group said on Thursday it planned to complain to the German authorities over reports that the country's foreign intelligence agency had helped the United States to spy on it and other European firms. "We've asked the government for more information," an Airbus spokesman in Germany said. Earlier, when asked about the reports on a call with...

  • *Eurogroup chief says Greece needs loans, no time for referendum. But the head of euro zone finance ministers said Greece needed loans urgently and did not have time for such a vote, which would be a costly and destabilising distraction. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been deadlocked over their demands...

  • COPENHAGEN, April 28- German Chancellor Angela Merkel said on Tuesday that increased regulation of banks had been necessary to prevent a collapse of "the whole political system" in the financial crisis and told Danish students this represented progress for democracy. In a speech at Copenhagen University, Merkel said that in the years leading up to the...

  • *Greece needs lending to avert default. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been deadlocked over their demands for Greece to implement reform measures, including pension cuts and labour market liberalisation. Yet around half of investors expect Greece to leave the euro zone within the next 12 months, a...

  • ATHENS, April 28- Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an early deal with international creditors, after shaking up his negotiating team and sidelining his outspoken finance minister who has infuriated euro zone partners. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been...

  • The game of chicken between Greece and its international creditors is turning into a vicious blame game as Athens lurches closer to bankruptcy with no cash-for-reform agreement in sight. Europe's political leaders and central bankers and Greek politicians agree on only one thing: if Greece goes down, they don't want their fingerprints on the murder weapon.

  • The shock departure of Piech, a dominant figure at VW for over two decades, leaves IG Metall's former national leader Berthold Huber as acting chairman of Europe's biggest carmaker. At Deutsche Bank, opposition from the Verdi union to a wholesale disposal of the lender's retail operations helped convince co-CEOs Anshu Jain and Juergen Fitschen to ditch their...

  • LONDON, April 27- Greek two-year government bond yields dropped around 250 basis points on Monday after Athens reshuffled its team handling talks with European lenders and the International Monetary Fund. "The Eurogroup meeting in Riga showed Varoufakis was more or less isolated and it seems that Tsipras has understood that," said Felix Herrmann, a market...

  • LONDON, April 27- Greek bond yields edged higher on Monday as investors reacted to fruitless debt relief talks between euro zone finance ministers on Friday which only served to highlight the gulf between Athens and its creditors. As the country looks set to run out of cash in the coming weeks, the talks showed how isolated Greece's finance minister was from his...

  • *Euro pressured as Greece, creditors negotiate debt deal. TOKYO, April 27- The dollar started the week on the defensive on Monday after more disappointing U.S. economic data reinforced expectations the U.S. Federal Reserve will not hike interest rates any time soon, while concerns about Greece's ongoing debt talks pressured the euro.

  • *Spain seeks influential post to gain influence in EU. RIGA, April 25- Spain will make a bid to EU leaders in the coming weeks to take over as chair of euro zone finance ministers' meetings, Spanish Economy Minister Luis de Guindos said on Saturday, seeking a post that shapes key policies in the single currency bloc. The post, long sought by Madrid to balance what Spain...

  • Kotzias said Greece and its euro zone partners need to compromise on creating political policies that will foster growth and allow the country to pay its debts. Asked if he is simply asking the rest of Europe to trust Greece, he said: "No. "Do they want to support us to have growth... or do they decide to have Greece struggle, to punish Greece and to create an example of what...

  • *Electrolux and Renault advance after results. LONDON, April 24- European shares rose on Friday, boosted by encouraging corporate earnings and upbeat economic data, while prospects for a deal over Greece's debt crisis also lifted Athens' volatile market. There was also cautious optimism on Greece after German Chancellor Angela Merkel expressed hope that a...

  • *Electrolux and Renault, rise after results. LONDON, April 24- European shares rose on Friday, boosted by encouraging corporate earnings and upbeat economic data, while prospects for a deal over Greece's debt crisis also lifted Athens' volatile market. There was also optimism regarding Greece, after German Chancellor Angela Merkel said she had had a "...

  • *Eurogroup urges Greece to speed up reform deal for cash. RIGA, April 24- Euro zone finance ministers delivered a stark warning to Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy. He also said a remaining 7.2 billion euros in frozen bailout funds would no longer...

  • European shares rise as DAX and Greek markets rally Friday, 24 Apr 2015 | 6:07 AM ET

    *Electrolux and Renault, rise after results. LONDON, April 24- European shares climbed higher on Friday, boosted by encouraging corporate earnings and upbeat economic data, while the volatile Athens market also rose on prospects for a deal over Greece's debt crisis. There was also optimism regarding Greece, after German Chancellor Angela Merkel said she had a "...