Germany and the EU

Latest business news about Germany and the European Union.

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US Treasury chief urges strong EU countries to spur growth — 09 April 2013, 18:37 CET

US Treasury Secretary Jacob Lew urged Europe's strongest economies to help spur growth after talks Tuesday in Germany and France, as Portugal and Cyprus provided the latest headaches.

US Treasury chief urges strong EU countries to spur growth — 09 April 2013, 18:23 CET

US Treasury Secretary Jacob Lew urged Europe's strongest economies to help spur growth after talks Tuesday in Germany, the eurozone's austerity champion, as Portugal and Cyprus provided the latest headaches.

Germans have learned to love the euro, poll shows — 09 April 2013, 10:45 CET

Almost 70 per cent of Germans now favour the euro, and only 27 per cent would prefer to ditch the common currency and return to the once-beloved Deutschmark, a survey published on Tuesday finds.

Britain's Cameron to push reform on tour of EU capitals — 08 April 2013, 17:57 CET

British Prime Minister David Cameron visits Madrid, Paris and Berlin this week to press his case for reform of the European Union ahead of a referendum on his own country's membership of the bloc.

Putin says Russia may profit from Cyprus banking crisis — 05 April 2013, 18:14 CET

Russian President Vladimir Putin said Friday that the banking crisis in Cyprus showed up what he said was the unreliability of Western financial institutions, saying it would encourage Russian depositors to invest at home.

Germany seeks skilled workers from crisis-hit southern Europe — 30 March 2013, 21:21 CET

The head of Germany's employment agency invited doctors and engineers from southern Europe to look for work in the continent's largest economy, in an interview published on Saturday.

Bundesbank supplied Cyprus with banknotes — 28 March 2013, 17:16 CET

The German central bank or Bundesbank confirmed it supplied its counterpart in Cyprus with banknotes as the island's banks reopened Thursday after an unprecedented 12-day lockdown.

Germany's Schaeuble says Cypriot anger will pass — 28 March 2013, 14:00 CET

German Finance Minister Wolfgang Schaeuble said Thursday that he understood Cypriot anger over the tough terms of its international bailout but said it would fade eventually.

Risk of poverty lower in Germany than in EU, data show — 27 March 2013, 12:32 CET

The risk of poverty is lower in Germany than in the European Union as a whole, according to Europe-wide data released by national statistics office Destatis on Wednesday.

Germany on edge as crisis awakens old ghosts — 26 March 2013, 15:27 CET

Germany imposed its position at the Cyprus rescue talks but at a heavy cost to its image in Europe, where angry protesters in debt-mired states waving Nazi posters blame it for a merciless austerity drive.

Merkel 'very pleased' Cyprus deal averted insolvency — 25 March 2013, 16:14 CET

German Chancellor Angela Merkel said Monday she was "very pleased" that a bailout agreement had been reached for Cyprus which averted an imminent financial meltdown.

Cyprus bailout deal 'fair': German finance minister — 25 March 2013, 11:22 CET

German Finance Minister Wolfgang Schaeuble said Monday the bailout for Cyprus was a fair deal that will restore shaken faith in the debt-laden country and stabilise its economy.

Cyprus bailout deal 'fair': German finance minister — 25 March 2013, 14:08 CET

German Finance Minister Wolfgang Schaeuble said the bailout agreed Monday for Cyprus was a fair deal that will restore shaken faith in the debt-laden country.

Cyprus crisis not weighing on southern partners: Schaeuble — 22 March 2013, 22:17 CET

Germany's finance minister said Friday that the crisis in debt-hit Cyprus has so far not weighed on its other southern partners as financial markets see the eurozone is better equipped.

Germany stands firm on Cyprus crisis but ready to help — 22 March 2013, 16:04 CET

Leading German politicians said on Friday that Cyprus's proposals for securing a vital international bailout fell short but made clear that Europe's top economy remained ready to help the eurozone's smallest.

German finance minister sceptical on Cyprus Plan B: report — 22 March 2013, 11:31 CET

German Finance Minister Wolfgang Schaeuble is sceptical about the Cyprus government's "Plan B" to avoid financial meltdown, the mass-circulation daily Bild reported on Friday.

Merkel under fire over Cyprus but unscathed: analysts — 21 March 2013, 13:20 CET

Chancellor Angela Merkel faces opposition criticism over the "chaotic" Cyprus crisis but polishes her image as champion of German interests in Europe, a key asset in upcoming elections, analysts said Thursday.

Germany offers to take in 5,000 more Syrian refugees — 20 March 2013, 18:09 CET

Germany said Wednesday it was prepared to take in another 5,000 Syrian refugees in the coming months in response to deteriorating conditions in the war-ravaged country.

Merkel says it is eurozone's 'duty' to find Cyprus solution — 20 March 2013, 16:55 CET

German Chancellor Angela Merkel said Wednesday the eurozone had a "duty" to work with Cyprus to resolve the debt-mired island's banking crisis.

German finance chief warns against 'irresponsible' Cyprus solutions — 19 March 2013, 23:08 CET

German Finance Minister Wolfgang Schaeuble on Tuesday warned against "irresponsible solutions" to Cyprus' debt crisis and regretted that the Cypriot parliament rejected a bailout that included an unprecedented bank deposit levy.

Cyprus president to hold more bailout talks with Merkel — 19 March 2013, 16:56 CET

Cyprus President Nicos Anastasiades has discussed the island's EU bailout with German Chancellor Angela Merkel and is to have more talks with her on Tuesday, a government spokesman said.

Merkel told Cyprus to negotiate only with Troika: spokeswoman — 19 March 2013, 12:12 CET

German Chancellor Angela Merkel stressed in a phone call with the Cyprus president Monday that his country hold talks only with international creditors on its bailout deal, a government spokeswoman said.

Cyprus investors must assume the risk: Germany — 19 March 2013, 10:48 CET

Investors who placed their money in Cyprus in order to pay less tax should shoulder the risks when it comes to a bailout, German Finance Minister Wolfgang Schaeuble said on Tuesday.

France, German, EU leaders talk growth, avoid Cyprus — 18 March 2013, 22:20 CET

The leaders of France, Germany and the European Commission on Monday vowed to do more to bolster competitiveness in the eurozone, but avoided the crunch topic of the fresh crisis in Cyprus.

Cyprus bailout financing up to own government: Germany — 18 March 2013, 13:02 CET

Germany insisted Monday that was up to the Cyprus government to decide how to finance a tough EU bailout deal, adding that it should have a "calming effect" on the crisis-wracked eurozone.