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Angela Merkel

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  • BERLIN— German Chancellor Angela Merkel sounded a conciliatory note Friday on Britain's efforts to renegotiate its relationship with the European Union, saying "when there is a desire there should be a way." The comments made alongside David Cameron came as the British prime minister wrapped up a whirlwind tour of four European capitals to press his case for...

  • *Germany, Japan at forefront of opposition. BARCELONA, May 27- The world's richest nations are unlikely to reach a deal to phase out subsidies for coal exports at talks in June, reducing the chances of a new global climate change agreement at a U.N. conference in Paris, officials and campaigners say. One European Union official, speaking on condition of anonymity,...

  • BERLIN, May 26- Germany and France have agreed plans to strengthen cooperation among euro zone countries without changing existing EU treaties, in a potential setback for British Prime Minister David Cameron as he holds key meetings this week with both countries' leaders. The blueprint would bolster the 19- nation euro zone, of which Britain is not a member, by...

  • ANALYSIS-The European center-left's quandary Monday, 25 May 2015 | 1:50 PM ET

    LONDON, May 25- A crushing election defeat for Britain's Labor party has laid bare the dilemma facing Europe's center-left. "We were sent out... to make an argument, if you can call it an argument, which basically said we're for the poor, we hate the rich, ignoring completely the vast swathe of the population who exist in between," was former Labor cabinet minister and EU...

  • ANALYSIS-The European centre-left's quandary Monday, 25 May 2015 | 1:50 PM ET

    LONDON, May 25- A crushing election defeat for Britain's Labour party has laid bare the dilemma facing Europe's centre-left. "We were sent out... to make an argument, if you can call it an argument, which basically said we're for the poor, we hate the rich, ignoring completely the vast swathe of the population who exist in between," was former Labour cabinet minister and EU...

  • BERLIN, May 24- Germany Economy Minister Sigmar Gabriel said on Sunday the country must lay more power lines underground to take electicity generated by windpower in the north to industry in the south, to overcome opposition along the routes. Power lines are seen as crucial to Germany's shift towards generating electricity from renewable sources of energy...

  • ATHENS, May 23- Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity. After four months of talks with its euro zone partners and the International Monetary Fund, Athens is...

  • *Meets handful of leaders on sidelines of summit in Riga. RIGA, May 22- British Prime Minister David Cameron said on Friday he was confident of winning concessions from European Union leaders before he asks voters whether Britain should stay in the bloc. After his Conservative Party won an unexpected majority in a May 7 election, Cameron is committed to...

  • *Bundesbank chief says can't always be about buying Greece time. RIGA, May 22- European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles. The leaders offered help, but told Tsipras to get back to...

  • RIGA, May 22- British Prime Minister David Cameron on Friday began his campaign to persuade European leaders to make changes to the European Union before he holds a referendum to decide whether Britain should stay in or quit the bloc. Cameron was due to hold talks with European Council President Donald Tusk and a handful of EU government heads on the sidelines of...

  • EU embrace of eastern partners turns lukewarm Friday, 22 May 2015 | 4:19 AM ET

    The two-day meeting in Riga underlined that the EU's relations with Russia's neighbors in Eastern Europe are moving on different tracks, with only three of them— Ukraine, Georgia and Moldova— truly pursuing deeper integration. Belarus and Armenia are seeking only limited cooperation after joining Russia's Eurasian Economic Union and Azerbaijan showed...

  • Merkel and French President Francois Hollande spoke for about two hours with their Greek counterpart, Alexis Tsipras, at a summit in Latvia in an effort to pave the way for a deal to get Greece more loans. The "friendly and constructive exchange" came after a leading official from Tsipras' party warned that Greece will not be able to repay a loan to the International...

  • FOREX-Dollar nurses losses after U.S. data disappoints Thursday, 21 May 2015 | 8:19 PM ET

    *Profit-taking emerges ahead of UK, US holidays. SYDNEY/ TOKYO, May 22- The dollar nursed modest losses early on Friday, after snapping three days of gains as unimpressive data prompted light profit-taking ahead of speeches by major central bankers and holidays in Britain and the United States. In Asia, the Bank of Japan's policy review at the conclusion of its...

  • RIGA, May 22- Greek Prime Minister Alexis Tsipras held talks on Athens' debt crisis with the German and French leaders but won little more in public than a reminder he needs to do more to secure funds urgently needed to avert bankruptcy. They agreed on the need for the Greek authorities to continue their work with the three institutions, "German and French officials...

  • Hollande said at the opening of the Eastern Partnership summit that he will join Chancellor Angela Merkel for a friendly discussion with Greek Prime Minister Alexis Tsipras "where we need to draft solutions" to be worked out later by the eurozone ministers. The meeting comes a day after a leading official from Tsipras' party said that Greece will not be able to...

  • BERLIN, May 21- Germany and its European partners remain committed to achieving the political framework for a Europe-U.S. free trade deal by the end of this year, Chancellor Angela Merkel said on Thursday. At a time of disappointing economic growth on both sides of the Atlantic, the planned Transatlantic Trade and Investment Partnership could generate new jobs...

  • BERLIN, May 20- Millions of commuters faced long delays in Germany on Wednesday after train drivers walked off the job to demand higher pay and negotiating rights. The walkout is the ninth in 10 months to hit rail operator Deutsche Bahn and industry has warned that the strike could cost Europe's biggest economy up to 100 million euros a day, hurting its image as an...

  • A sober outlook from Brussels and Berlin contrasted sharply with vigorous optimism displayed in Athens, where top officials from the new leftist government made a series of public appearances to promise a deal was just days away. After a meeting in Berlin, the leaders of Germany and France said talks between Greece and its creditors must be accelerated to free...

  • BERLIN, May 19- German industry warned that a train drivers' strike that began on Tuesday, the ninth in 10 months, could cost Europe's biggest economy 100 million euros a day and hurt its image as an industrial and logistics hub. Freight services in Germany were disrupted as drivers at rail operator Deutsche Bahn went out on a strike organised by the GDL union,...

  • Greece: Dissenters rev up pressure on government Tuesday, 19 May 2015 | 7:59 AM ET

    ATHENS, Greece— Three senior members of Greece's governing Syriza party late Monday urged the government to halt bailout repayments— and prepare the country for a possible euro exit. The group of dissenters, headed by the party's former chief economist John Milios, warned that Prime Minister Alexis Tsipras' four-month-old government was being pressured by...