Tag: Angela Merkel

Germany and France reach agreement on second Greek bailout

Germany and France reach agreement on second Greek bailout

Late night talks between German Chancellor Angela Merkel and French President Nicolas Sarkozy have led to a common position on a second bailout for Greece. After seven hours of talks in Berlin, sources said both parties had also discussed their efforts to prevent the debt crisis spreading through the rest of Europe. However, full details [...]

July 21, 2011 | 0 Comments More
Germany against boosting EU rescue fund

Germany against boosting EU rescue fund

A meeting of euro zone finance ministers is taking place today to discuss boosting the EU rescue fund in light of the debt crisis that is currently eating its way into the nation. The recent Irish bailout has done little to allay fears and speculation has been mounting that other weaker euro zone economies may [...]

December 6, 2010 | 0 Comments More
Germany plans tough spending cuts

Germany plans tough spending cuts

Germany has announced this weekend that it plans to bring its deficit down to meet EU rules. Chancellor Angela Merkel is heading up a two-day cabinet meeting to devise a savings plan for the country’s budget, which is expected to see tough measures including road tolls, tax hikes and cuts to welfare. The country’s public [...]

June 6, 2010 | 0 Comments More
Cameron: “We were right not to join the euro”

Cameron: “We were right not to join the euro”

David Cameron, Britain’s new Prime Minister, has defended the former Government’s decision to keep Britain out of the euro. On his first overseas trip since becoming PM, Mr Cameron met French President, Nicolas Sarkozy, at the Elysee Palace in Paris yesterday. Today, he will travel to Germany to meet with Chancellor Angela Merkel. Mr Cameron [...]

May 21, 2010 | 0 Comments More
Survey shows rise in German business confidence in August

Survey shows rise in German business confidence in August

The Ifo think tank has today announced that confidence among German firms has grown for the fifth consecutive month and has risen to its highest level since September 2008. The business climate index from the Ifo Institute increased to 90.5 in August from a revised 87.4 the previous month. The rise in morale comes just [...]

August 26, 2009 | 0 Comments More