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Angela Merkel

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  • *Ukraine struggles to secure funds for Russian gas payment. Movement on the gas row was the only sign of progress at talks between Vladimir Putin and Petro Poroshenko on Friday which failed to resolve differences over fighting in eastern Ukraine and a deep crisis in relations. After European Energy Commissioner Guenther Oettinger met Ukrainian officials in...

  • *Ukraine struggles to secure funds for Russian gas payment. Movement on the gas row was the only sign of progress at talks between Vladimir Putin and Petro Poroshenko on Friday which failed to resolve differences over fighting in eastern Ukraine and a deep crisis in relations. European Energy Commissioner Guenther Oettinger, who will mediate Tuesday's...

  • BERLIN, Oct 19- Germany and France are secretly discussing a deal to enable the European Commission to approve Paris's draft 2015 budget even though it breaks past deficit-cutting commitments, German weekly Der Spiegel said on Sunday. In return, Germany would overlook France's repeated flouting of its pledge to bring its budget deficit inside the euro zone's...

  • BERLIN, Oct 19- Germany and France are secretly discussing a deal to enable the European Commission to approve Paris's draft 2015 budget even though it breaks past deficit-cutting commitments, German weekly Der Spiegel said on Sunday. In return, Germany would overlook France's repeated flouting of its pledge to bring its budget deficit inside the euro zone's...

  • German finance chief: confident on balanced budget Sunday, 19 Oct 2014 | 6:17 AM ET

    Chancellor Angela Merkel appears determined to stick to plans to get by without new borrowing next year for the first time since 1969, though Germany's growth outlook has weakened and Berlin faces calls from abroad to pump money into the economy. The French ministers were quoted as suggesting to the German daily Frankfurter Allgemeine Zeitung that Germany...

  • Samaras said Athens was talking with its lenders about what should happen if Greece succeeds in leaving its bailout programme by the end of December, a year ahead of schedule, as Greek officials hope. He sees one option as a credit line that Athens could tap post-bailout should it fall prey to future market turmoil. But the details of any such credit line have yet to...

  • *Further talks needed to bolster east Ukraine ceasefire. MILAN, Oct 17- Russia and Ukraine made progress on Friday towards resolving a row over gas supplies, but European leaders said Moscow had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine. The mooted deal aimed at re-opening Russian gas supplies to Ukraine ahead of the cold...

  • Lawmakers probing NSA face German secrecy hurdles Friday, 17 Oct 2014 | 10:24 AM ET

    Experts say the government's reluctance to fully inform Parliament stems from a fear that leaks could imperil the flow of vital intelligence information from the United States. In the United States, Congress wields significantly more power to demand documents from intelligence agencies than do many European parliaments. But since taking up its work, the...

  • Europe's top powers deadlocked as economy sinks Friday, 17 Oct 2014 | 9:26 AM ET

    FRANKFURT, Germany— Europe's economy needs help— fast. Yet the two powers that could take action, the European Central Bank and Germany, don't see eye to eye about what to do. A sudden decline in exports and industrial activity in Germany, long the region's source of growth, heightened those concerns.

  • *Russia and Ukraine to carry on talking after tough meeting. MILAN, Oct 17- Russia, Ukraine and European governments failed to make any progress towards solving the crisis in Ukraine on Friday in talks that the Kremlin said were "full of misunderstandings and disagreements". Further discussions were scheduled later in the day, but there were few expectations of...

  • *Weidmann says Germany does not need stimulus. RIGA/ VIENNA, Oct 17- European Central Bank policymakers clashed on Friday over what policy medicine to administer to the sickly euro zone economy, laying bare deep-seated tensions within the Governing Council. Bundesbank President Jens Weidmann said he saw no need for fiscal stimulus in Germany, rejecting a...

  • MILAN, Oct 17- Talks between Russia, Ukraine and European governments on Friday were "full of misunderstandings and disagreements", the Kremlin said, undercutting more upbeat messages from leaders hoping for a breakthrough in the Ukraine crisis. Russian President Vladimir Putin shook hands with his Ukrainian counterpart Petro Poroshenko at the start of a...

  • Ukrainian, Russian leaders sound optimistic note Friday, 17 Oct 2014 | 3:49 AM ET

    MILAN— Russian and Ukrainian leaders sounded optimistic after marathon, Europe- brokered talks Friday, signaling progress on both a definitive peace settlement in Ukraine and a gas dispute that threatens to disrupt supplies to Europe this winter. Putin also voiced confidence that the issue of Russians who have joined the insurgency in eastern Ukraine could...

  • *Concern that Germany and ECB will do too little too late. PARIS, Oct 16- After a two-year siesta, the euro zone is back in the financial markets' firing line due to stagnating growth, low inflation, budget problems in France and Italy and rising political risk in Greece, where the bloc's debt crisis began in 2009.. But four overlapping factors have rekindled anxiety...

  • MILAN, Oct 16- Europe's priority must be to stimulate economic growth, Italy and France said on Thursday, putting themselves at odds again with Germany, which is demanding deficit rigour. Speaking in Berlin before flying to Italy, Merkel said the rest of Europe must stick to EU rules or the bloc's credibility would be at stake. Hollande blamed the market turmoil on a...

  • LONDON, Oct 16- World markets tumbled for a second day on Thursday, hurt by concerns about the health of world economy and fears that Europe's debt crisis was waking up from a two-year siesta. European stock markets slumped, with London, Frankfurt and Paris down 1.8, 1.7 and 2.4 percent by midday and Greek shares down 3 percent for a loss of 17 percent in a week.

  • Borrowing costs jump for fragile euro zone states Thursday, 16 Oct 2014 | 6:58 AM ET

    *Spain misses target at auction, spreads widen. Greek government bonds were the hardest hit as a sell-off gripped financial markets for a second day, with 10- year yields rising to nearly 9 percent, while Spain missed its target at a bond auction due to weak demand from investors. This brought down borrowing costs of countries such as Greece, which was bailed out by...

  • *Concern that Germany and ECB will do too little too late. PARIS, Oct 16- After a two-year siesta, the euro zone is back in the financial markets' firing line due to stagnating growth, low inflation, budget problems in France and Italy and rising political risk in Greece, where the bloc's debt crisis began in 2009.. But four overlapping factors have rekindled anxiety...

  • Putin keeps Merkel waiting in Milan Thursday, 16 Oct 2014 | 5:46 AM ET

    MILAN— Russian President Vladimir Putin's diplomatic blitz on Ukraine got off to a rocky start Thursday when he kept German Chancellor Angela Merkel waiting for a meeting then showed up in the middle of a dinner with European and Asian leaders. Putin is looking to get relief from Western economic sanctions imposed since Russia's annexation of the Crimean...

  • Germany's Merkel warns France over budget deficit Thursday, 16 Oct 2014 | 4:43 AM ET

    BERLIN— German Chancellor Angela Merkel insisted Thursday that there can be no exceptions to European Union rules on national deficit targets, a clear message to France after it backed off promises to bring down its budget overspend. France admitted last month that its 2015 budget would shred promises to bring the deficit below the EU limit of 3 percent of GDP...