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Politics Angela Merkel

  • TOKYO, Oct 13- British finance minister George Osborne on Saturday blamed an effective German veto for the failure of a $45 billion merger between British defence firm BAE.

  • OSLO, Norway-- For fostering peace on a continent ravaged by war, the European Union won the Nobel Peace Prize on Friday.

  • Schaeuble and Lagarde Clash Over Austerity

    High-level splits over the handling of the euro zone crisis burst into the open on Thursday when Germany’s finance minister rebuked the head of the International Monetary Fund after she warned that EU leaders should ease demands for tighter austerity in peripheral economies. The FT reports.

  • TOKYO-- Sacrificing growth for the sake of austerity could put the entire world economy in jeopardy, the head of the International Monetary Fund told global financial leaders Friday, calling for medium-term work to bring down debt levels and urgent action to get the unemployed back to work.

  • *Greece's biggest company CCH quits for Switzerland. that it was switching its primary listing from Athens to London and moving its corporate base to stable, low-tax Switzerland is a bitter blow to the debt-crippled nation.

  • MADRID, Oct 11- Spain is comfortable putting off an international aid request for weeks or even months as it waits out German political obstacles and seeks greater definition on the European Central Bank's bond-buying programme, analysts and sources say. Spain must first sign up for a European rescue plan to trigger the bond buying.

  • MADRID, Oct 11- Spain is comfortable putting off an international aid request for weeks or even months as it waits out German political obstacles and seeks greater definition on the European Central Bank's bond-buying programme, analysts and sources say. Spain must first sign up for a European rescue plan to trigger the bond buying.

  • *Greece's biggest company, bottler CCH, quits for Switzerland. ATHENS, Oct 11- Greece's jobless rate topped 25 percent and its biggest company said it would quit the country on Thursday in a fresh blow to an economy that German experts warned cannot be "saved" without writing off more debt.

  • BERLIN, Oct 11- Germany's environment minister outlined plans on Thursday to limit support for wind energy and biomass generation following a similar cap imposed on the photovoltaic sector, as part of a proposed reform of renewable energy policy.

  • BERLIN-- Europe's economic outlook darkened further Thursday when top economists slashed their growth forecasts for Germany and warned that public support for more financial aid to struggling countries was evaporating.

  • ATHENS, Greece-- Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy toll, official figures showed Thursday. All indications are that unemployment in Greece will continue to rise.

  • BERLIN, Oct 11- Hungarian Prime Minister Viktor Orban said Europe's democracies might not be up to coping with the crisis they face, making the case in an interview for the "presidential" form of leadership that has let him drive through tough reforms at home. "Our current democratic systems have built-in weaknesses," he said, referring to Europe. "

  • LONDON, Oct 11- The European Central Bank's pledge to buy the bonds of troubled euro zone members flooded a wave of relief across the bloc but investors are now waiting for action to match the words.

  • LONDON, Oct 10- Tom Enders was flying high six weeks ago; newly elevated to the top job at Europe's EADS, his secret merger deal to create the world's biggest aerospace group and rid himself of burdensome government meddling was preparing for launch.

  • The boss of JPMorgan Chase has admitted his regret for the bank's rescue of its ailing rival Bear Stearns through a contentious deal brokered by Washington at the height of the global financial crisis. The Telegraph FUND MANAGERS' MUST SPEAK OUT'.

  • BERLIN/ LONDON, Oct 11- Europe's two biggest aerospace firms will go back to the drawing board to find new strategies after Germany stymied the world's biggest arms and aviation company merger.

  • LONDON, Oct 10- Tom Enders was flying high six weeks ago; newly elevated to the top job at Europe's EADS, his secret merger deal to create the world's biggest aerospace group and rid himself of burdensome government meddling was preparing for launch.

  • *Berlin came to see deal as too complex, risky. EADS, the Franco-German parent of jetmaker Airbus, and British defence group BAE Systems announced after weeks of intense talks they were abandoning plans for a $45 billion deal that would have created an aerospace and defence giant bigger than Boeing.

  • *Charge to rise to 5.3 cents from 3.6 cents- source. BERLIN, Oct 10- Germany's surcharge for renewable energy will rise by almost half next year, a government source told Reuters on Wednesday, intensifying the burden for consumers from the country's shift away from nuclear power.

  • *In Britain, world's largest market, political risk rises. BRUSSELS/ LONDON, Oct 10- Political wavering in Britain, the world's biggest offshore wind market, is casting doubt on European ambitions to build a fleet of gigantic turbines out at sea, desperately needed to meet legally binding climate change targets.