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Stop asking for more help, Germany tells Greece

Greek Bailout

Greece's new government should stop asking for more help and instead move quickly to enact reform measures agreed to in return for previous bailouts from its European partners, German Finance Minister Wolfgang Schaeuble said on Sunday.

 

In former East Germany, anxious residents resent paying for Europe’s problems

Germany may be Europe’s most powerful economy. But its prosperity is so uneven that Poles just across the border see it differently: as a place where housing is a bargain... The uneasiness here helps to explain the unwillingness voiced by German Chancellor Angela Merkel about proposals that would require her country to dip further into its treasury to help address the rest of Europe’s economic problems.

 

Relieved Europe hints at more time for Greece

Greece Bailout

Euro zone paymaster Germany, relieved at a narrow election victory for Greece's pro-bailout parties, signaled on Monday it may be willing to grant Athens more time to meet its fiscal targets to avert a catastrophic euro exit.

 

Merkel is target of calls for drastic measures by Germany to save euro zone

Calls for Europe to take drastic steps to quell its economic crisis grew earsplitting this week, but the pleas had an intended audience of one: German Chancellor Angela Merkel. Seven decades after a war sparked by Germany brought Europe to ruin, the country’s neighbors see it as their only hope. Germany alone has the deep pockets to help struggling countries escape a worsening economic crisis that threatens to tear the region apart.

 

Germany, France draw battle lines over eurozone bonds

Germany dismissed a French-led call for euro zone nations to issue common bonds, a day before a European Union leaders' summit which investors are looking to for new measures to counter the bloc's debt crisis.

 

Perhaps Greece won’t leave the euro, after all

Greece

Recall the reasons for the current euro panic: Greece is getting bailed out and, in return, it’s supposed to cut spending and raise taxes even further. But Greek voters don’t enjoy this austerity and are rebelling against politicians who agree to the deal. So Germany’s now hinting that Greece might get booted from the euro. Disaster, right?

 

German Lawmakers Approve New Greek Bailout

Greece Bailout

The German parliament approved a second, euro130 billion ($173 billion) loan package for Greece on Monday after Chancellor Angela Merkel warned lawmakers that it would be irresponsible to abandon the country to bankruptcy.

 

Greece should give up budget control: Germany

Greece must surrender control of its budget policy to outside institutions if it cannot implement reforms attached to euro zone rescue measures, the German economy minister was quoted as saying on Sunday.

 

Stocks rise as European leaders hash out plans

Stock Market

Stock indexes gave back some of their gains Monday and the euro turned lower against the dollar following a report that Germany and five other major European nations could risk having their credit ratings downgraded.

 

Germany, France agree on Europe bank bailout

Germany, France agree on Europe bank bailout

The leaders of Germany and France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector.

 

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