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Angela Merkel

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  • Merkel dampen talk of 3rd Greek bailout Wednesday, 4 Mar 2015 | 9:44 AM ET

    BRUSSELS— German Chancellor Angela Merkel and the president of the European Union's executive branch cautioned Wednesday against speculation that Greece will need a third financial bailout. Greece and its creditors recently agreed a four-month extension to Athens' second bailout to June. De Guindos later said Greece will need a new accord or program if it...

  • BRUSSELS, March 4- Europe will insist on upholding its own standards in free trade talks with the United States, German Chancellor Angela Merkel said on Wednesday, adding she supported the European Commission's efforts to get a deal this year. "While we hurry to set up the main political points and framework for this agreement we must also at the same time insist on...

  • MELBOURNE, March 4- London copper firmed on Wednesday, after falling more than one percent in the previous session, as easier policies by European and Chinese central banks outweighed concerns over Chinese demand. *The most-traded May copper contract on the Shanghai Futures Exchange slipped by 0.7 percent to 42,510 yuan a tonne, but was off overnight lows of...

  • Mongolia, which has Russia and China as its neighbours, has large quantities of natural resources including copper, gold, silver and uranium deposits. Merkel outlined the difficulties involved in getting start-up financing for infrastructure and mining projects, and the need for infrastructure expansion in Mongolia. "Thirdly, Mongolia has big neighbours...

  • *Greece says can overcome immediate funding crunch. MADRID/ ATHENS, March 2- Euro zone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain's economy minister said on Monday, but EU officials said there were no such talks. Speaking at an event in Pamplona, northern Spain, Economy Minister Luis de Guindos said the new rescue...

  • *Tullow down on project delay and FTSE demotion worries. The Greek banking index fell nearly 10 percent, while lenders National Bank of Greece, Piraeus Bank and Alpha Bank fell 10.0 to 11.8 percent to feature among the top decliners. "The fears about a possible default for Greece are certainly not completely off the table," Gerhard Schwarz, head of equity strategy at...

  • LONDON, March 2- European shares retreated from multi-year highs on Monday, with Greek banks slipping on lingering concerns about the country's debt and Tullow Oil falling on worries about project delays and its likely ejection from a major share index. The Greek banking index fell 9.4 percent, while lenders National Bank of Greece, Piraeus Bank and Alpha Bank...

  • BERLIN— Chancellor Angela Merkel says she's hoping for a good future for Greece in the eurozone as Germany pushes Athens to comply fully with the terms of its financial bailout. Germany's Parliament signed off Friday on a four-month extension to Greece's bailout, an agreement under which the new Greek government committed to honoring its financial...

  • Greek PM accuses Spain, Portugal of anti-Athens "axis" Saturday, 28 Feb 2015 | 8:26 AM ET

    *Spain, Portugal leading "axis of powers" against Athens-PM. ATHENS, Feb 28- Greece's leftist Prime Minister Alexis Tsipras accused Spain and Portugal on Saturday of leading a conservative conspiracy to topple his anti-austerity government, saying they feared their own radical forces before elections this year. "We found opposing us an axis of powers... led by the...

  • ATHENS, Feb 27- Greece used "creative ambiguity" to win a loan lifeline from its international partners, Finance Minister Yanis Varoufakis said, provoking anger in Germany's parliament which approved the deal on Friday. Varoufakis, a hero of the anti-austerity left who has raised hackles among his more orthodox euro zone peers, said Greece had drawn up an...

  • *Debate reflects breakdown in German trust in Greece. With Finance Minister Wolfgang Schaeuble promising not to let Greece "blackmail" its euro zone partners, 542 members of the Bundestag voted "yes" to the extension, while 32 opposed it and 13 abstained. The broader German population also grown more sceptical since Prime Minister Alexis Tsipras took power last...

  • BERLIN, Feb 27- Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised he would not let Greece "blackmail" its euro zone partners. "We Germans should do everything to keep Europe together as far as we can and bring it together again and...

  • German parliament approves Greek bailout extension Friday, 27 Feb 2015 | 5:32 AM ET

    BERLIN, Feb 27- Germany's parliament approved an extension of Greece's bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised it would not be allowed to "blackmail" its euro zone partners. With 542 lawmakers voting in favour, including almost all of. Chancellor Angela Merkel's right-left...

  • BERLIN, Feb 27- German Finance Minister Wolfgang Schaeuble urged parliament on Friday to take what he acknowledged was a difficult decision and approve an extension of Greece's bailout, assuring them Athens would not be allowed to "blackmail" its euro zone partners. The 72- year-old minister, who has repeatedly voiced his own doubts about whether the new...

  • BERLIN— Germany's Parliament overwhelmingly approved the four-month extension of Greece's financial bailout on Friday, despite unease over the new government in Athens. Greece was granted the extension by its European creditors, ensuring it remains solvent and does not run the risk of falling out of the euro, but only in exchange for a commitment to budget...

  • BERLIN— Greece's four-month bailout extension should get wide, if unenthusiastic, support in the German Parliament after a large majority of lawmakers in Chancellor Angela Merkel's conservative bloc signaled their backing on Thursday. Key creditor Germany has advocated unpopular spending cuts and insisted that aid must come with strings attached.

  • BRUSSELS, Feb 26- Confidence in the euro zone's economy strengthened for the second straight month in February, but the improving morale in Italy, France and Spain was not shared in Germany, where there was less support for the ECB's money printing plan. The European Commission's economic sentiment indicator rose by 0.7 points to 102.1, the EU executive said on...

  • BERLIN, Feb 26- Germany's Wolfgang Schaeuble told a meeting of conservatives lawmakers on Thursday that recent remarks by the Greek finance minister had strained European solidarity and that a bailout extension for Athens could be ditched if the country failed to stick to its promises, according to participants. The German finance minister met lawmakers...

  • BERLIN, Feb 26- An overwhelming majority of German Chancellor Angela Merkel's conservatives supported an extension of the Greek bailout in a test ballot on Thursday, one day before a vote in the Bundestag lower house of parliament, according to particpants. In total, there are 311 lawmakers in the bloc, which includes members of the chancellor's Christian...

  • Germany's Merkel welcomes Greek bailout agreement Wednesday, 25 Feb 2015 | 8:45 AM ET

    BERLIN— German Chancellor Angela Merkel is welcoming an agreement on a four-month extension to Greece's financial bailout but says "a lot of work" remains ahead. Merkel said Wednesday she is glad Greece's eurozone partners have "found a starting point for negotiations with the new government." Key creditor Germany has insisted that aid must come with strings...