Angela Merkel
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Peter Spiegel, Brussels Bureau Chief at the Financial Times, tells CNBC that if Germany is unwilling to move on banking union, Brussels will be left without any progress.
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The German government led by Angela Merkel is facing urgent calls from the country’s normally reticent business community for a return to “rational and reliable” economic policies, in a sign of its disenchantment with the centre-right coalition, the Financial Times reports.
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Angela Merkel, German chancellor, has blamed Japan’s nuclear crisis, triggered by this month’s earthquake, for the “very painful defeat” suffered by her ruling party in the state of Baden-Württemberg, the Financial Times reports.
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German Chancellor Angela Merkel has deeply strained relations with allies in the European Union and the NATO alliance, raising new questions about Germany’s ability to play a global role in foreign policy, the New York Times reports.
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Two weeks before the regional elections in Baden-Württemberg, a traditional stronghold of Chancellor Angela Merkel´s Conservative party CDU, the nuclear crisis in Japan has put German nuclear politics at the heart of the political discussions.
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If previous EU responses to the euro crisis are any guide, investors should not be expecting a highly-coordinated, shock-and-awe approach like those we have seen from the US authorities.
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Bundesbank president Axel Weber said a lack of political acceptance in the eurozone for his hawkish monetary views had driven his abrupt decision not to run. The FT reports.