Markus Blume, head of the economic commission at the CSU, tells CNBC that the German people respect that there are no simple solutions to the euro problem.
Peer Steinbruck, chancellor candidate for the Social Democrat Party, tells CNBC that there is excessive austerity in countries like Greece and Portugal.
The political establishment has dismissed Germany's new anti-euro party as a fear-mongering populist aberration that could implode even before a looming federal election.
General Motors renewed a commitment to its loss-making European brand on Wednesday, pledging to invest 4 billion euros ($5.2 billion) in Opel by the end of 2016 to support new model launches.
German Chancellor Angela Merkel's conservatives and their junior coalition partners have enough support to win a governing majority in September's election for the first time in more than three years, according to a poll out on Wednesday.
A leading conservative ally of Angela Merkel said that Cyprus was "playing with fire" and needed to come up with a workable proposal urgently.
Russian prime minister Dmitry Medvedev has lambasted the EU's handling of the Cyprus debt crisis, comparing a plan for a levy on bank deposits to measures that hurt savers under the Soviet Union, the Financial Times reports.
Germany has ignored calls from its euro zone partners for more economic stimulus by tabling plans to cut spending and balance its budget ahead of schedule on the eve of an EU summit dedicated to growth. The Financial Times reports.
Chancellor Angela Merkel urged German employers to help get more women back to work after they become mothers in a country that needs to boost its workforce.
Tourism in Greece is bouncing back this year in an otherwise flat European market, held back by the weak economic climate, travel industry executives said.
Italians are set to head to the polls this weekend. If the election is inconclusive, important economic reforms may stall, reports CNBC's Michelle Caruso-Cabrera.
Concern is mounting that Germany is drifting apart from other countries at the core of the single currency bloc, notably France.
French efforts to divert Europe from economic austerity have foundered twice in a week due to German resistance, underlining a growing policy divide that is hobbling the core partnership.
European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.
British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.
Silvia Wadhwa reports from Berlin on the political situation in Spain ahead of a meeting between Angela Merkel and Mariano Rajoy.
The world's top economic policymakers are likely to discuss how Japan's new monetary and fiscal policy drive is weakening the yen when they meet next month, but will stop well short of calling it a competitive devaluation, G20 officials said.
When compared to the hundreds of billions of euros used to prevent Greece from collapsing, the €11 billion needed to recapitalize the banks of Cyprus is a relatively small sum. But Cyprus, the fourth euro zone country applying for financial aid in order to prevent a state bankruptcy, has potential creditors pausing just the same. Their reason: concerns that Cypriot banks are a haven for money laundering.
Peter Spiegel, Brussels bureau chief at the Financial Times, tells CNBC the euro zone faces paralysis if Angela Merkel is unable to push on with her agenda, due to the German elections.
In an extremely tight German state election that seemed to produce few clear-cut winners, there was no argument over who the biggest loser was - Chancellor Angela Merkel.