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Angela Merkel

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  • BERLIN, Dec 27- German Finance Minister Wolfgang Schaeuble expressed his reservations against the European Central Bank launching a bond buying stimulus programme and praised Bundesbank president Jens Weidmann's arguments against such moves. ECB President Mario Draghi has thrown the door open for further measures to bolster the euro zone.

  • BRUSSELS, Dec 22- Short, snappy and focused on two priorities- reviving sagging investment in Europe and standing firm towards Russia, the first European Union summit under new leadership was a demonstrative break with the past. Donald Tusk, the former Polish prime minister who took over the chairmanship of the 28- nation European Council this month, put his...

  • BERLIN, Dec 19- German Foreign Minister Frank-Walter Steinmeier expressed concern on Friday that EU sanctions against Moscow for its actions in Ukraine could destabilize Russia and warned against "turning the screw" any further. The comments to German weekly Der Spiegel suggest a possible softening in the stance of Steinmeier, a member of the traditionally...

  • BRUSSELS, Dec 19- European Union leaders warned Moscow they are ready to flex their combined muscle and "stay the course" in a long confrontation with Russia if President Vladimir Putin refuses to pull back from Ukraine. In comments that were part warning to Russia, where falling oil prices and Western trade sanctions have brought financial havoc, and part...

  • EU leaders ready long confrontation with Russia Thursday, 18 Dec 2014 | 8:54 PM ET

    *EU leaders lay ground for long-term common front toward Moscow. BRUSSELS, Dec 19- European Union leaders warned Moscow they were ready exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from Ukraine. "It is obvious we will not find a long-term perspective for...

  • BRUSSELS, Dec 18- EU leaders defended plans for the world's biggest trade deal with the United States, seeking on Thursday to counter hostility in Europe and clear the way for the accord to be agreed by the end of 2015.. The European Union and the United States have committed to an accord that would create a transatlantic market of 800 million people and encompass...

  • BRUSSELS, Dec 18- The president of the European Central Bank urged the region's leaders on Thursday to speed along a new EU investment plan and renewed his calls for economic reform. At a meeting of European Union leaders including Germany's Angela Merkel and France's Francois Hollande, Mario Draghi warned of the fragile state of the euro zone's economy where...

  • EU leaders agree to fund for jumpstarting growth Thursday, 18 Dec 2014 | 9:21 AM ET

    BRUSSELS— European Union leaders agreed Thursday to create a strategic investment fund that could generate up to 315 billion euros in private- and public-sector money to upgrade infrastructure, jumpstart the EU's sluggish economies and ignite job growth. The plan approved by leaders of the 28- nation EU at their one-day summit meeting in Brussels calls for...

  • 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...

  • 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...

  • 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...

  • 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...