Draghi said it would be "helpful for the overall stance of policy" if fiscal policy could play a greater role alongside the ECB's monetary policy.» Read More
BERLIN, Oct 1- German Chancellor Angela Merkel said on Wednesday that it was up to each European country to deliver on its promise of sound budget policies, warning that the credibility of the entire bloc was at stake. "Long-term, sustainable growth can only be attained on the basis of solid budget policies.
*Mood swing from austerity seen helping France's case. PARIS, Sept 30- From Athens to Madrid and Dublin to Rome, France can count on a sympathetic hearing in several European capitals in its campaign for leniency over the latest broken promise to bring its public finances into shape.
*Credibility of EU deficit curbs at stake in France, Italy. *France has less scope because deficit above 3 pct limit. Interpreting how much wiggle room the EU treaties offer has become a new source of contention among governments, a North-South divide pitting Italy and France against Germany that poses its own risks to the stability of the 15- year-old currency.
TOKYO, Sept 30- U.S. oil futures dropped towards $94 a barrel on Tuesday, easing after gaining more than $2 in the past two sessions on strong U.S. economic data.
*Athens hopes to wean itself off bailout plan early. In Berlin earlier this week, Samaras for the first time publicly acknowledged that Athens hoped to wean itself off a 240- billion-euro EU/IMF aid package a year before its scheduled end in early 2016..
BERLIN— Greece isn't seeking another financial rescue and will soon set out a new economic reform program to underpin the recovery, the country's prime minister said Tuesday as he visited key creditor Germany. Since 2010, Greece has relied on two bailout packages totaling 240 billion euros.
BERLIN— A poll shows support hitting 10 percent for a new German party, which combines an anti-euro stance with a wider appeal to protest voters, following state election successes.
BERLIN— German Chancellor Angela Merkel is pressing for a solution to the long-running gas dispute between Russia and Ukraine ahead of a meeting of the two countries' energy ministers this week. Though Merkel noted "small successes" in the overall effort to calm the crisis in Ukraine, she said a long-lasting solution remained far off.
BERLIN, Sept 22- France's Manuel Valls used his first visit to Berlin as prime minister on Monday to try to convince Germany his government is serious about making its economy more competitive, declaring that France "is not the sick child of Europe."
Manuel Valls spoke after a meeting in Berlin with German Chancellor Angela Merkel at which France's efforts to improve its competitiveness were the focus of discussions.
BERLIN, Sept 22- Germany's Angela Merkel said on Monday after meeting French premier Manuel Valls that she was impressed by the number of reforms Paris had launched, but deferred to Brussels on the halting French efforts to reduce its public deficit.
BERLIN/ PARIS, Sept 21- Germany and France will try to reconcile divergent visions of how to fix Europe's economy on Monday when Manuel Valls makes his first visit to Berlin as French prime minister and holds talks with Angela Merkel.
ATHENS, Greece— Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful cost-cutting reforms.
BERLIN, Sept 19- A European free trade deal with the United States may not be perfect but is the last chance for Europe to remain globally relevant, Germany's economy minister said on Friday.
BRUSSELS/ PARIS, Sept 19- European Union and NATO officials expressed undisguised relief on Friday at Scotland's clear vote against independence from Britain, but some fretted that the genie of separatism may be out of the bottle in Europe.
BERLIN, Sept 17- German Chancellor Angela Merkel said she expected cooperation with Qatar in the energy sector to grow in the years ahead, saying progress was already being made in the area of liquefied natural gas.
PARIS, Sept 16- French Prime Minister Manuel Valls headed off a backbench revolt against his government on Tuesday, winning a confidence vote after promising to preserve France's social model while pushing pro-business reforms intended to boost economic growth.
FRANKFURT, Sept 16- The co-head of Deutsche Bank has backed the German government in a debate over how to jump-start the stalled euro zone economy, telling Reuters that structural reforms, rather than looser fiscal policy, are what is needed to boost growth.
PARIS, Sept 16- Prime Minister Manuel Valls vowed to preserve France's social model while pushing pro-business reforms ahead of a parliament confidence vote on Tuesday in which left-wingers have threatened to abstain in protest.
PARIS, Sept 14- A bitter public attack by a jilted ex-partner, a cabinet melt-down and the admission of broken economic promises have meant an uncomfortable three weeks for Francois Hollande.