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Angela Merkel

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  • WASHINGTON, Dec 12- An ambitious trade deal between Europe and the United States should be finished by the end of next year, a senior German official was quoted on Friday as saying. Trade Representative Michael Froman and European Trade Commissioner Cecilia Malmstrom met this week as part of what both have called a "fresh start" to the 18- month-old talks after a...

  • *ECB chief to meet Europe's leaders in Brussels. FRANKFURT, Dec 12- The head of the European Central Bank is set to tell European leaders in stark terms at a summit next week that they need to reform straggling economies or risk blunting an ambitious monetary offensive to help revive the stagnant euro zone. As the central bank inches closer to printing money to buy...

  • BERLIN, Dec 11- The German government has approved a draft law to limit the power of small labour unions whose strikes have paralysed train and air traffic in recent months, by making a wage deal with the largest union in a company applicable to all employees. "We are reinforcing the majority principle," said Labour Minister Andrea Nahles, after Chancellor Angela...

  • German Cabinet OKs women's quota for directors Thursday, 11 Dec 2014 | 5:12 AM ET

    BERLIN— German Chancellor Angela Merkel's Cabinet has approved legislation that will require leading companies to have at least 30 percent women on their supervisory boards from 2016.. Women hold just 22 percent of positions on the supervisory boards of companies listed in Germany's benchmark DAX index, according to Economy Ministry figures.

  • German trade surplus widens in October Tuesday, 9 Dec 2014 | 4:08 AM ET

    Exports were down 0.5 percent while imports fell 3.1 percent over September in seasonally adjusted terms, widening the trade surplus for Europe's biggest economy by about 2 billion euros to 20.6 billion euros, the Federal Statistical Office said. In unadjusted terms, the Statistical Office says Germany exported 103.9 billion euros of goods in October,...

  • BRUSSELS, Dec 8- Euro zone finance ministers told France and Italy on Monday to take quick steps to rein in their deficits in line with EU rules, threatening disciplinary action but also indicating some wiggle room might be given. France is also facing criticism for badly missing its 2014 targets. But if still found wanting on consolidation then, France could be...

  • LONDON, Dec 8- Italy's borrowing costs rose slightly on Monday after its credit rating was cut nearly to junk though prospects of stimulus from Europe's central bank tempered the increase. Standard& Poor's downgraded Italy's rating to BBB- from BBB late on Friday, saying weak growth and poor competitiveness undermined the sustainability of its huge public...

  • Speaking before a meeting of the 11 on Monday evening that was called by France, a prime proponent of the tax, several diplomats said differences were still wide, diminishing previous hopes a deal on the principles could be announced on Tuesday. Some participants at Monday's meeting, to be chaired in Brussels by French Finance Minister Michel Sapin, still hoped...

  • BRUSSELS, Dec 8- Eleven euro zone countries have failed to agree broad outlines for a tax on financial transactions by a self-imposed deadline, casting doubt on whether the disputed levy can be implemented in early 2016, diplomats said on Monday. The plan, led by Germany and France but opposed by Britain, aims to make banks share the cost of cleaning up Europe's...

  • BERLIN, Dec 7- Italy and France expressed irritation on Sunday with a call from Chancellor Angela Merkel for them to do more to bring their budgets into line with EU rules, telling the German leader to focus on her own economic woes instead of lecturing others. In an interview with German daily Die Welt, Merkel had called on Italy and France to enact additional...

  • UPDATE 1-Italy hits back at Merkel over reform dig Sunday, 7 Dec 2014 | 10:58 AM ET

    BERLIN/ ROME, Dec 7- Italy reacted angrily on Sunday to demands from Chancellor Angela Merkel that it enact more reforms to bring its 2015 budget in line with EU fiscal rules, saying the German leader's time would be better spent resolving economic problems at home. In an interview with German daily Die Welt, Merkel had called on Italy and France to enact additional...

  • Germany's Merkel presses France, Italy on economy Sunday, 7 Dec 2014 | 6:02 AM ET

    BERLIN— German Chancellor Angela Merkel is adding to the pressure for eurozone heavyweights France and Italy to do more to get their finances and economies in order. The European Union's executive commission last month opted against sanctioning the two countries right now for missing public finance targets, giving them until the spring to come up with...

  • BERLIN, Dec 7- German Chancellor Angela Merkel said in a newspaper interview on Sunday that both France and Italy needed to do more on the reform front to ensure that their 2015 budgets respected European Union fiscal rules. Unless further steps are taken by the new deadline, the Commission could fine France for falling short of its deficit-cutting obligations...

  • Pain of sanctions tests German businesses Friday, 5 Dec 2014 | 5:05 AM ET

    MAGDEBURG, Germany— Huge machines hum smoothly at the Vakoma company's modern factory in eastern Germany, overseen by blue-suited workers. Germany is a political and business crossroads between eastern and western Europe, and some of its high-value exporters are suffering from the Western sanctions imposed on Russia. Last year, Russia was the No. 11 recipient...

  • BERLIN, Dec 3- Germany's cabinet approved a new plan on Wednesday to slash CO2 emissions in order to meet its ambitious climate targets, but environmental groups criticised the government for not going further in reducing its reliance on coal-fired power plants. The package, which includes an energy efficiency programme that could trigger billions of euros...

  • But in London they play to sell-out crowds at top venues- one sign of how rising immigration is changing Britain's population and economy. For Clementine Bunel, a French concert promoter who moved to London to tap into its young and fast-growing international market, it's also a demonstration of how the borders between Britain and the rest of the world are...

  • *To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- Germany's top utility E.ON said it would split in two, spinning off power plants to focus on renewable energy and power grids, a dramatic response to industry changes that could trigger similar moves at European peers.

  • SCHILTACH/ BERLIN, Dec 1- German bathroom fittings maker Hansgrohe is a successful firm with a track record of global exports and an attractive profit-sharing scheme. The raft of firms named after their small-to-medium size kept Germany afloat throughout a global economic downturn and still have healthy order books. The working-age population of Germany-...

  • *Russia tries to burnish image tarnished in Ukraine. NIS, Serbia, Nov 30- There were 76, but they were dubbed the' Russian 100'- life-savers flown in from Moscow within hours of an appeal for help from Serbia as the heaviest rainfall in more than a century inundated the Balkans in May. Russia at the time was earning the ire of the West for dismembering Ukraine, so the PR in...

  • Germany backs Blackberry's purchase of Secusmart Friday, 28 Nov 2014 | 5:05 AM ET

    BERLIN, Nov 28- Germany has approved Canadian smartphone maker Blackberry's planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel. The issue was particularly sensitive in Germany, given that the deal was announced after revelations that U.S....