Germany and the EU

Latest business news about Germany and the European Union.

Brazil, Germany press for EU-Mercosur trade deal — 13 February 2012, 23:57 CET

Brazilian Foreign Minister Antonio Patriota and his visiting German counterpart Guido Westerwelle on Monday called for signing a free trade agreement between the European Union and the South American trade bloc Mercosur.

Germany hails Greek vote, calls for action — 13 February 2012, 19:06 CET

Top German politicians led by Chancellor Angela Merkel on Monday hailed the vote in Greece's parliament agreeing tough austerity moves but insisted the reforms agreed must now be put into action.

Germany 'expressly welcomes' Greek austerity vote — 13 February 2012, 15:17 CET

Germany on Monday hailed the vote in the Greek parliament agreeing harsh austerity moves, saying it showed the will in Athens to take difficult decisions to get Greece on track.

Germany 'expressly welcomes' Greek austerity vote: Berlin — 13 February 2012, 12:27 CET

Germany on Monday hailed the vote in the Greek parliament agreeing harsh austerity moves, saying it showed the will in Athens to take difficult decisions to get Greece on track.

Berlin vows to maintain pressure on Greece after vote — 13 February 2012, 11:34 CET

Germany's economy minister on Monday warned against euphoria in the wake of Greece's approval of key austerity measures, and defended the pressure that both Berlin and Brussels have exerted on Athens.

Merkel to meet Danish, Dutch, Estonian leaders on euro — 10 February 2012, 15:16 CET

German Chancellor Angela Merkel will hold talks with her Danish, Dutch and Estonian counterparts on Monday to discuss the euro crisis ahead of a European Union summit in March, her spokesman said.

Germany, Kazakhstan sign EUR 3bn partnership deals — 08 February 2012, 15:54 CET

Germany and Kazakhstan signed agreements Wednesday worth three billion euros ($4 billion) to cooperate on raw materials, industry and technology, Berlin said.

Corporate failures threaten 1.5m jobs in Europe: study — 07 February 2012, 19:03 CET

The number of companies going bust as a result of the eurozone debt crisis is on the increase and could see as many as 1.5 million jobs across Europe under threat as a result, a study found Tuesday.

Lufthansa seeks EUR 1.5bn profit boost — 07 February 2012, 15:03 CET

German airline Lufthansa said Tuesday it planned to boost earnings sustainably by at least 1.5 billion euros ($1.8 billion) by 2014.

Europe remains Washington's 'essential partner': Clinton — 04 February 2012, 12:40 CET

US Secretary of State Hillary Clinton said Saturday that Europe remains Washington's "partner of first resort," even as the United States marks a strategic pivot to Asia.

Clinton arrives for security talks in Munich — 04 February 2012, 12:39 CET

US Secretary of State Hillary Clinton arrived here Friday for international security talks where aides said she would send a "strong message of support" for ties with Europe as Washington makes a strategic pivot to Asia.

French, German cabinets to meet Monday on crisis — 03 February 2012, 18:29 CET

President Nicolas Sarkozy and Chancellor Angela Merkel will preside over a joint Franco-German cabinet session Monday to focus on the eurozone economic crisis, Sarkozy's office said.

Europe has 'nothing to fear' from US focus on Asia: Germany — 03 February 2012, 18:31 CET

Europe should not fear a renewed US focus on Asia and must increasingly look after its own backyard militarily without its historic ally, Germany's defence minister said on Friday.

NYSE Euronext, Deutsche Boerse cancel merger deal — 02 February 2012, 19:47 CET

Deutsche Boerse and NYSE Euronext cancelled their mega-merger Thursday after European regulators vetoed the deal.

Germany's Merkel says euro made Europe stronger — 02 February 2012, 10:42 CET

German Chancellor Angela Merkel said Thursday that the euro had "made Europe stronger", as she began a visit to China aimed in part at reassuring Beijing that the eurozone debt crisis is under control.

Furore as England's anti-EU Farage drops Nazi jibe — 02 February 2012, 11:25 CET

Eurosceptic British MEP Nigel Farage stormed out of the European Parliament Wednesday after its German chairman cut him off in mid-flight for comparing Berlin's ideas for Greece to Nazi control.

Growth measures on top of EU pact in March: Germany — 01 February 2012, 23:54 CET

Measures to boost growth will be agreed alongside the EU fiscal compact at a European summit in March, Germany's deputy foreign minister for European affairs Michael Link said on Wednesday.

Almunia sets out case for Deutsche Boerse-NYSE veto — 01 February 2012, 14:58 CET

EU competition commissioner Joaquin Almunia says the decision to block a planned tie-up between the Frankfurt and New York stock exchanges was made purely with regard to underlying European economic fundamentals.

EU blocks Deutsche Boerse, NYSE tie-up — 01 February 2012, 23:54 CET

The European Commission says it had "no alternative" but to veto a transatlantic tie-up of the Frankfurt and New York stock exchanges, a decision slammed in Germany as a "dark day" for Europe.

Deutsche Boerse says EU blocked merger with NYSE Euronext — 01 February 2012, 12:06 CET

Deutsche Boerse said Wednesday that the EU Commission in Brussels had told it that its planned merger with NYSE Euronext has been blocked.

EU to rule on giant stock exchange merger — 01 February 2012, 10:13 CET

The EU reveals its decision Wednesday on a bid to create the world's largest trading exchange, a proposed merger of stock markets from Frankfurt to New York.

Euro crisis to top agenda of Merkel's visit to China — 31 January 2012, 16:22 CET

The eurozone debt crisis, Iran and Syria will be among the topics up for discussion when German Chancellor Angela Merkel makes a two-day trip to China this week, government sources said Tuesday.

German plan for Greek wardenship raises hackles — 31 January 2012, 10:10 CET

A German push to place Greece under EU wardenship caused an uproar at a summit in Brussels with a warning that stripping Athens of budget sovereignty would be undemocratic.

Italy 'optimistic' bailout fund to grow in size: Monti — 31 January 2012, 10:08 CET

Italian Premier Mario Monti said Monday he was confident the EU's permanent bailout fund would grow in size with fresh funds, seeing a softening in German opposition.

Placing Greece under wardenship 'not democratic': Sarkozy — 30 January 2012, 23:23 CET

French President Nicolas Sarkozy rejected on Monday a German proposal to place Greece under the supervision of a special EU budget tsar, saying it would be undemocratic.