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Angela Merkel

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  • LONDON, Jan 26- When Mario Draghi announced the European Central Bank's trillion-euro scheme to buy government bonds, he acknowledged that in the round of strategies to revive inflation and boost the economy, the bank had just played its last hand. Asked by reporters what would happen if the plan to purchase 60 billion euros of assets a month for 19 months failed,...

  • LONDON, Jan 26- The euro and European shares and bonds shook off worries on Monday over Greek election winner Syriza's pledge to take on international lenders, a strong sign of confidence in the ECB's new money-printing program. Weakness in European shares lasted only for about two hours, although the main Athens index fell and Greek bond yields rose.

  • *Historic victory sets new challenge for Europe. ATHENS, Jan 26- Greek leftwing leader Alexis Tsipras struck a deal with a right-wing party to form a government to confront international lenders and reverse years of painful austerity following a crushing election victory by his Syriza party. There is an agreement in principle, " Panos Kammenos said after talks...

  • Drone crashes at White House; hobbyist says it's his Monday, 26 Jan 2015 | 4:51 AM ET

    WASHINGTON— A small drone flying low to the ground crashed onto the White House grounds before dawn Monday, triggering a major emergency response and raising fresh questions about security at the presidential mansion. Secret Service spokesman Brian Leary said the man had been interviewed by Secret Service agents and was cooperating with the investigation.

  • *Syriza victory in Greece stokes concerns over Europe instability. Syriza leader Alexis Tsipras promised Greeks on Sunday that the five years of austerity imposed under bailout programmes worth 240 billion euros from the European Union and the International Monetary Fund were over. Expectations that a compromise can be reached between Athens and its...

  • To avoid being called a party to the conflict, as Ukraine and the West see it, Russia is pushing the Ukrainian government to speak directly to the rebels. "is not even an army, it's a foreign legion, in this case a NATO foreign legion," Putin said, adding that it's serving the goal of "the geopolitical containment of Russia, which absolutely don't coincide with the...

  • ATHENS, Jan 26- Greek leftwing leader Alexis Tsipras will move on Monday to build a stable government that can take on international lenders and reverse years of painful austerity following a crushing election victory by his Syriza party. Syriza won 149 seats in the 300- seat parliament in Sunday's election, two short of an absolute majority, but the result...

  • ATHENS, Jan 25- Greece's leftwing Syriza appeared on course to trounce the ruling conservatives in Sunday's snap election and could win the absolute majority it wants to fight international creditors' insistence on painful austerity measures. While a final result may not come for hours, 40- year-old Syriza leader Alexis Tsipras was set to become prime...

  • FRANKFURT, Jan 23- ECB chief Mario Draghi's 1 trillion euros of fresh money could prove the masterstroke that saves the euro zone for now, but it breaks the principle that the bloc acts as one, a move that could ultimately undermine the currency he is trying to save. In monthly 60 billion-euro installments from March, the European Central Bank will buy chiefly...

  • FLORENCE, Italy, Jan 23- The European Central Bank's bond-buying program must not be used as a justification by euro zone governments to slacken economic reforms, German Chancellor Angela Merkel said on Friday. "I don't have the impression that the decision by the European Central Bank could lead to Italy saying' we don't need to reform anymore'.

  • Merkel encouraged by Italian reforms Friday, 23 Jan 2015 | 6:44 AM ET

    FLORENCE, Italy— German Chancellor Angela Merkel says she is encouraged by Italy's reform course, after a series of bilateral meetings with Italian Premier Matteo Renzi. She noted that German entrepreneurs in Italy told her they now felt free to hire workers, and that "they are no longer afraid of the incalculable costs. Renzi said that Italy "can and must...

  • DUBLIN/ FRANKFURT, Jan 22- Business leaders in Europe gave a mixed welcome to the European Central Bank's moves to bolster growth and inflation in the euro area on Thursday, with many- especially in Germany- concerned the programme could delay unpopular economic reforms. "This is a step in the right direction and we'll have to watch and see how it plays out," Swiss...

  • FRANKFURT, Jan 22- The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions in new money into a sagging euro zone economy. The ECB said it would purchase sovereign debt from this March until the end of September 2016, despite opposition from Germany's Bundesbank and...

  • FRANKFURT, Germany— The European Central Bank on Thursday launched its most aggressive effort to date to revive the region's ailing economy— a program to buy 1.1 trillion euros in government and private bonds starting in March. The ECB said it would combine purchases of government bonds with an existing smaller program of private bond purchases, to total 60...

  • BERLIN, Jan 22- The ECB's plan to pump cash into the euro zone met with dismay in Europe's biggest economy, with many Germans worried they will bankroll measures that remove incentives for struggling member states to carry out the reforms prescribed by Angela Merkel. The chancellor, paying lip service to the independence of the European Central Bank, reiterated...

  • DAVOS, Switzerland, Jan 22- German Chancellor Angela Merkel warned fellow European leaders on Thursday not to ease off on economic reforms after the European Central Bank announced bold new moves to bolster growth in the euro area. Speaking to a large audience at the World Economic Forum in Davos, Switzerland, just as ECB President Mario Draghi was unveiling a...

  • Merkel says ECB moves should not obscure need to reform Thursday, 22 Jan 2015 | 9:13 AM ET

    DAVOS, Switzerland, Jan 22- German Chancellor Angela Merkel said on Thursday that moves by the European Central Bank to bolster growth did not absolve European politicians of their responsibility to reform their economies. "Regardless of what the ECB does, it should not obscure the fact that the real growth impulses must come from conditions set by the...

  • By Paul Carrel and John O'Donnell. FRANKFURT, Jan 22- The European Central Bank kept the cost of borrowing unchanged on Thursday and remains poised to announce a plan to buy government bonds with new money, its last gambit for breathing life into a euro zone economy. Expectations are high for the ECB to unveil large-scale quantitative easing despite opposition...

  • FRANKFURT, Jan 22- The European Central Bank is poised to announce a plan on Thursday to buy government bonds, resorting to its last big policy option for breathing life into the flagging euro zone economy. Market expectations are sky-high for the ECB to unveil large-scale quantitative easing- printing money to buy government bonds- despite opposition from...

  • FRANKFURT, Jan 22- The European Central Bank is poised to announce a plan on Thursday to buy government bonds, resorting to its last big policy tool for breathing life into the flagging euro zone economy and fending off deflation. Market expectations are sky-high for the ECB to unveil a large-scale programme of quantitative easing- printing money to purchase...