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Angela Merkel

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  • UPDATE 1-Germany sets very high bar for fracking Wednesday, 1 Apr 2015 | 7:26 AM ET

    *Opposition to fracking strong in Germany. Opposition is strong in densely populated Germany due to concerns about the risk of contaminating drinking water. Environment Minister Barbara Hendricks said the new law would set Germany's strictest conditions for fracking.

  • German cabinet imposes high barriers for fracking Wednesday, 1 Apr 2015 | 4:57 AM ET

    BERLIN, April 1- German Chancellor Angela Merkel's cabinet signed off on a draft law on Wednesday that imposes an effective ban on the controversial technique of fracking for shale gas. Opposition is strong in densely-populated Germany due to concerns about the contamination of drinking water. The new law will allow fracking for deep-lying or "tight" gas, a...

  • *Oil down on worries that Iran could add to supply. NEW YORK, March 31- The euro closed out the worst quarter in its 15- year history on Tuesday, slammed by monetary policy changes and worries about Greece, while U.S. stocks retreated a day after posting big gains. Federal Reserve will raise interest rates this year, while the European Central Bank's...

  • Merkel and Hollande edge closer after tragedies Tuesday, 31 Mar 2015 | 1:13 PM ET

    *Berlin and Paris to step up cooperation on energy, drones. BERLIN, March 31- The leaders of Germany and France announced plans on Tuesday to work more closely on economic and security issues after years of strain, saying the tragedies of the Charlie Hebdo killings and air crash in the French Alps had brought them closer. Chancellor Angela Merkel and President...

  • ATHENS, Greece— Greece's new government disagrees with sanctions against Russia, and wants to boost trade ties with the country, Prime Minister Alexis Tsipras said before a visit to Moscow next week. The U.S. and the EU imposed crippling economic sanctions against Russia over its annexation of Ukraine's Crimean Peninsula and support for an insurgency in...

  • NEW YORK, March 31- U.S. stocks retreated on Tuesday from the previous session's rally, though major indexes were headed for a positive first quarter, while the euro was on track for its biggest quarterly fall as worries about Greece kept the currency under pressure. The European Central Bank's one-trillion-euro economic stimulus program, launched this month,...

  • Germany, France, Italy plan to develop military drones Tuesday, 31 Mar 2015 | 10:48 AM ET

    BERLIN— The militaries of Germany and France plan to work together with Italy to develop surveillance drones that could also carry weapons. The U.S. practice of using drones for lethal strikes against terror suspects has caused unease in Germany. However, Merkel says she's confident there is "acceptance" in Germany for the idea of developing surveillance...

  • Germany's Merkel says no time to lose on Greece Tuesday, 31 Mar 2015 | 9:36 AM ET

    BERLIN, March 31- German Chancellor Angela Merkel said on Tuesday that Greece needed to stick to its commitments and though there was some leeway for the new government to make some changes, it needed to fulfill the general framework of what had been agreed.

  • ATHENS, Greece— Talks between Greece and its creditors have wrapped up for now without a deal to unlock remaining Greek bailout funds urgently needed to stave off a potential default. A Greek government official said Tuesday that the current phase of talks held in Brussels between Greece and its creditors at the European Central Bank, International Monetary...

  • BERLIN— A prominent opponent of Chancellor Angela Merkel's eurozone bailout policies has announced that he's stepping down as deputy leader of one of Germany's governing parties and giving up his parliamentary seat. Peter Gauweiler, who has repeatedly filed complaints to Germany's highest court against the bailout of Europe's strugglers, said Tuesday...

  • LONDON, March 31- The euro remained on track for its biggest quarterly fall and European shares for their best first quarter of the euro era on Tuesday as worries about Greece's finances kept the single currency under pressure. It is up a whopping 16 percent since Jan. 1, with Germany's DAX up 23 percent and France's CAC 19 percent higher, compared to a more modest 5...

  • *Greece lowers target for asset sales, proposes bad bank. ATHENS March 30- Prime Minister Alexis Tsipras on Monday appealed for an "honest compromise" with lenders but warned Greece would not agree to an "unconditional" one, after its biggest creditor demanded it do more to show commitment to reform. Athens could run out of cash by April 20, a source has previously said.

  • BRUSSELS, March 29- After decades of punching above its weight in Europe, Britain's influence in the European Union is waning, even before we know whether a promised referendum on "Brexit" will go ahead. But there is growing frustration in Brussels, Berlin and Paris at the lack of clarity over Prime Minister David Cameron's goals if he is re-elected on May 7 and seeks...

  • Germany's Merkel says Greek reforms must "add up" Monday, 30 Mar 2015 | 8:44 AM ET

    HELSINKI, March 30- German Chancellor Angela Merkel said on Monday that Greece had a certain degree of flexibility on which reforms it implements but that the measures must "add up" to the satisfaction of its European partners. "The question is can and will Greece fulfil the expectations that we all have," Merkel said during a visit to Helsinki.

  • DUESSELDORF, Germany, March 30- Latecomers to the digital age, big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants. More than half of the firms on Germany's blue-chip DAX index trace their roots back to the 19th century or earlier.

  • *Mourning ceremony on April 17 in Cologne Cathedral. BERLIN, March 28- The co-pilot suspected of deliberately crashing an airliner, killing 150 people, had told his girlfriend he was planning a spectacular gesture so "everyone will know my name," a German daily said on Saturday. The Bild newspaper published an interview with a woman who said she had had a...

  • ATHENS, March 26- Greece will present measures to boost tax revenues and encourage investors as part of a reforms list aimed at reaching a deal with lenders early next week to unlock aid, the government said on Thursday. After talks with EU leaders including German Chancellor Angela Merkel in the past week, Athens said it would present a package of reforms to its...

  • SEYNE-LES-ALPES/ PARIS, March 26- Just one of the two pilots of the Germanwings airliner that crashed in the French Alps was in the cockpit at the time it went down, a German state prosecutor said on Thursday. The statement came after the New York Times reported that "black box" recordings showed one of the pilots had left the cockpit and could not get back in before the...

  • *One of two pilots locked out of cockpit- New York Times. *Lufthansa says it has no information on Times report. SEYNE-LES-ALPES/ PARIS, March 26- Cockpit voice recordings from the German jet that crashed in the Alps showed one of the pilots left the cockpit and could not get back in before the plane went down, killing everyone onboard, the New York Times reported.

  • In Washington, U.S. State Department spokesman Jeff Rathke identified Robert Oliver as the third American citizen killed in the crash. He provided no further details Thursday, but Oliver's parents told Spain's La Sexta television channel their son lived in Barcelona and worked for the Desigual clothing company based in Spain's second-largest city.