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Angela Merkel

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  • INSIGHT-Germany turns on its top gunmaker Tuesday, 12 May 2015 | 8:09 AM ET

    OBERNDORF, Germany, May 12- In the lush forests of southern Germany sits a fenced-in compound of drab white buildings that house a company under siege. But lately, the mood in Berlin has shifted. Last year, Berlin reversed course on arms exports following a storm of media criticism.

  • BRUSSELS, May 12- David Cameron is not the best liked European leader in Brussels, yet as he seeks changes in the EU to persuade Britons they should stay in, he will not lack offers of friendship. They will come from presidents and fellow prime ministers across the 28- nation European Union and its institutions, none of whom wants to lose the economic, geopolitical...

  • BRUSSELS, May 11- David Cameron is not the best liked European leader in Brussels, yet as he seeks changes in the EU to persuade Britons they should stay in, he will not lack offers of friendship. They will come from presidents and fellow prime ministers across the 28- nation European Union and its institutions, none of whom wants to lose the economic, geopolitical...

  • LONDON, May 11- A cut in Chinese interest rates kept shares worldwide near record highs on Monday, though euro zone bourses, bonds and the euro were pegged back by a lack of progress in resolving Greece's financing woes. China's third rate cut in six months on Sunday saw Asian markets get the week off to a solid start, but Europe was hesitant with euro zone finance...

  • LONDON, May 11- China's interest rate cut kept shares worldwide near record highs on Monday, though euro zone bourses, bonds and the euro were pegged back by a lack of progress in resolving Greece's financing woes. China's third rate cut in six months on Sunday saw Asian markets get the week off to a solid start, but Europe was cautious as euro zone finance ministers...

  • TOKYO, May 11- Asian shares rose on Monday as investors cheered China's latest cut to interest rates to bolster its flagging economy and after Wall Street rallied on a robust headline reading for U.S. employment. But European stocks were seen opening slightly lower on the day, with lingering concerns over Greece's debt situation seen eclipsing the China...

  • *China cuts rates for 3rd time in 6 months, more steps seen. TOKYO, May 11- Asian shares rose on Monday as investors cheered China's latest cut to interest rates to bolster its flagging economy and as Wall Street rallied after a robust headline reading for U.S. employment. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 percent in early trade,...

  • BRUSSELS, May 8- European leaders lost no time on Friday in offering David Cameron talks on EU reform, bidding to ease uncertainty about Britain's future in the bloc ahead of the in-or-out referendum the prime minister will call now he has been re-elected. France's Socialist president Francois Hollande invited the triumphant Conservative to Paris once he has...

  • ATHENS/ ROME, May 8- Greek Prime Minister Alexis Tsipras forecast a happy end soon to fraught negotiations with creditors on a cash-for-reform deal, and the chairman of euro zone finance ministers said talks were making progress, though not enough for a deal next Monday. However, with Greece fast running out money, sources close to the talks with the International...

  • *EU says won't discuss debt relief till Greece agrees reforms. *Greece says EU/IMF policy differences hamper talks. ATHENS/ BRUSSELS, May 5- Greece blew hot and cold with its euro zone partners on Tuesday as it struggled to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up.

  • *Greek ministers visit Frankfurt, Brussels, Paris. ATHENS/ BRUSSELS, May 5- Greece stepped up diplomacy with euro zone partners on Tuesday to try to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up. Ministers were travelling to Frankfurt, Brussels and Paris to plead for a loosening of...

  • *Athens' ATG index down 3 pct as debt worries weigh. Traders cited concerns that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns as weighing on the Greek market, with Greek bond yields also rising. Nevertheless, many traders still said new economic stimulus measures from the European...

  • UPDATE 1-Airbus to file complaint in German spy scandal Thursday, 30 Apr 2015 | 2:03 PM ET

    BERLIN, April 30- Airbus Group said on Thursday it planned to complain to the German authorities over reports that the country's foreign intelligence agency had helped the United States to spy on it and other European firms. "We've asked the government for more information," an Airbus spokesman in Germany said. Earlier, when asked about the reports on a call with...

  • *Eurogroup chief says Greece needs loans, no time for referendum. But the head of euro zone finance ministers said Greece needed loans urgently and did not have time for such a vote, which would be a costly and destabilising distraction. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been deadlocked over their demands...

  • COPENHAGEN, April 28- German Chancellor Angela Merkel said on Tuesday that increased regulation of banks had been necessary to prevent a collapse of "the whole political system" in the financial crisis and told Danish students this represented progress for democracy. In a speech at Copenhagen University, Merkel said that in the years leading up to the...

  • *Greece needs lending to avert default. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been deadlocked over their demands for Greece to implement reform measures, including pension cuts and labour market liberalisation. Yet around half of investors expect Greece to leave the euro zone within the next 12 months, a...

  • ATHENS, April 28- Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an early deal with international creditors, after shaking up his negotiating team and sidelining his outspoken finance minister who has infuriated euro zone partners. Athens is weeks away from running out of cash, and talks with EU and IMF lenders on more aid have been...

  • The game of chicken between Greece and its international creditors is turning into a vicious blame game as Athens lurches closer to bankruptcy with no cash-for-reform agreement in sight. Europe's political leaders and central bankers and Greek politicians agree on only one thing: if Greece goes down, they don't want their fingerprints on the murder weapon.

  • The shock departure of Piech, a dominant figure at VW for over two decades, leaves IG Metall's former national leader Berthold Huber as acting chairman of Europe's biggest carmaker. At Deutsche Bank, opposition from the Verdi union to a wholesale disposal of the lender's retail operations helped convince co-CEOs Anshu Jain and Juergen Fitschen to ditch their...

  • LONDON, April 27- Greek two-year government bond yields dropped around 250 basis points on Monday after Athens reshuffled its team handling talks with European lenders and the International Monetary Fund. "The Eurogroup meeting in Riga showed Varoufakis was more or less isolated and it seems that Tsipras has understood that," said Felix Herrmann, a market...