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Angela Merkel

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  • ATHENS/ FRANKFURT, June 28- Greece said it may impose capital controls and keep its banks shut on Monday after creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff with the European Union and the International Monetary Fund to a dangerous new level. Amid political drama in Greece, where a clear majority...

  • BERLIN, June 28- Martina Roemmelt-Fella, who owns a small, family-run turbine manufacturer in Bavaria, should be a cheerleader for a trade deal between Europe and the United States that promises to ease the flow of goods and services across the Atlantic. But instead she fears the Trans Atlantic Trade and Investment Partnership being hammered out between...

  • BRUSSELS, June 27- A Greek prime minister torn between accepting harsh bailout terms and a rebellion by the left wing of his party decides to call a referendum to break the political deadlock. Ireland and Portugal had joined Greece in seeking financial rescue, and bond markets were driving up the cost of borrowing for Italy and Spain. Amid fears for the stability...

  • ATHENS/ BRUSSELS, June 27- Greek Prime Minister Alexis Tsipras called a referendum on austerity demands from foreign creditors on Saturday, rejecting an "ultimatum" from lenders and putting a deal that could determine Greece's future in Europe to a popular vote. The surprise call marked the most dramatic twist yet in five-month negotiations between Greece and...

  • BERLIN— German Chancellor Angela Merkel has emerged undamaged from the global financial crisis, European bailouts, an astonishing u-turn on nuclear power and the crisis over Ukraine. Merkel has said repeatedly that her aim is to keep Greece in the euro. "The majority have the impression that she's doing what she can, and if it doesn't work out it probably wasn't...

  • *EU's Tusk says "game nearly over" with Greece. *Greece faces default on Tuesday if no weekend deal. But despite angry rhetoric on both sides, negotiations were continuing in Brussels to find a last-ditch compromise to keep Greece in the euro zone to avoid a political train-wreck, economic chaos and financial market disruption.

  • ATHENS, June 26- Disbelief gave way to anger and resignation in Greece on Friday as the prospect of a new round of austerity cuts sank in and any long-term deal to end uncertainty over the country's debts remained elusive. With the clock ticking to a deadline of June 30 when Greece must repay a 1.6 billion euro loan to the International Monetary Fund, Athens was...

  • *Billions in aid offered to Greece. Treasury yields rose on Friday, with long-dated yields hitting a nearly nine-month high, after euro zone partners' offer to release billions in frozen aid to Greece reduced demand for safe-haven U.S. debt. The creditors laid out terms in a document handed to Greece on Thursday.

  • *EU's Tusk says "game nearly over" with Greece. *Greece faces default on Tuesday if no weekend deal. If Greece does not clinch an agreement at the weekend to unlock funds, it is set to default on an International Monetary Fund loan on Tuesday, possibly sparking a bank run, capital controls and raising doubts about its future in the euro zone.

  • Merkel urges Tsipras to accept "generous" offer Friday, 26 Jun 2015 | 8:47 AM ET

    BRUSSELS, June 26- German Chancellor Angela Merkel urged Greek Prime Minister Alexis Tsipras on Friday to accept a "generous" offer from his country's creditors, saying it was now up to Athens to take a step in the direction of its euro zone partners. "We have taken a step towards Greece," Merkel said at a news conference in Brussels. "Now it is up to the Greek side to take a...

  • Chancellor Angela Merkel and President Francois Hollande, whose countries are Athens' two biggest lenders, held a 45- minute private meeting with Tsipras before the final session of a European Union summit at which they went through details of immediate funding for Greece if it would sign the deal. It said Greece could have 15.5 billion euros in EU and IMF...

  • BERLIN, June 26- Greece's international creditors have made compromises in talks with the Greek government and it is now up to the Greeks to move, a spokesman for Germany's finance ministry said on Friday. "It is now very clear that it is up to the Greek side to make their contribution to a solution to the problem," ministry spokesman Martin Jaeger told a government...

  • *Euro, dollar stuck in tight range as Greece sidelines investors. TOKYO, June 26- Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted in narrow range as the debt saga sidelined investors. MSCI's broadest index of Asia-Pacific shares...

  • BRUSSELS, June 26- German Chancellor Angela Merkel said a euro zone finance ministers' meeting on Saturday would be decisive for finding a solution to Greece's debt crisis. Merkel told a news conference after the first day of a European Union summit that heads of state and government could not get involved in the detailed negotiation of a cash-for-reform deal...

  • BRUSSELS, June 26- European Union leaders meeting in Brussels have a daunting list of long-running crises on their plates-- notably migrants crowding in at their southern borders, Russia growling in the east, Britain's threat to quit and a desperate need to create jobs. One quipped it was no longer Britain for dinner but " Greece for dinner." Plunged into crisis by the...

  • BRUSSELS, June 25- German Chancellor Angela Merkel told fellow European center-right party leaders on Thursday there must be a debt deal with Greece before financial markets reopen on Monday, two participants in the meeting said. She also told the closed-door gathering of leaders of the European People's Party before an EU summit in Brussels that Germany "...

  • *Greece for dinner, Britain for dessert- one official. BRUSSELS, June 25- Prime Minister David Cameron will tell European Union leaders on Thursday he needs a new deal to keep Britain inside the bloc, opening an argument over its future at a summit preoccupied with keeping Greece from crashing out. Freshly re-elected last month, Cameron faces difficult...

  • From menu of crises, Greece risks eating Europe's dinner Thursday, 25 Jun 2015 | 12:15 PM ET

    *Euro zone showdown with Greece could eat up time at summit. BRUSSELS, June 25- European Union leaders faced a daunting list of crises as they began their summit on Thursday, notably migrants crowding in at their southern borders, Russia growling in the east, Britain's threat to quit and a desperate need to create jobs. But a battle of wills between Greece and its...

  • *Syriza accuses lenders of wanting to "annihilate" Greece. BRUSSELS, June 25- Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on Saturday to avert a default next week amid fears of financial market turmoil. German Chancellor Angela Merkel told centre-right party leaders there must be a deal on...

  • BRUSSELS, June 25- German Chancellor Angela Merkel told European centre-right party leaders on Thursday there must be a debt deal with Greece before financial markets reopen next Monday, two participants in the meeting said. She also told the closed-door meeting of leaders of the European People's Party before an EU summit in Brussels that Germany "will not be...