Angela Merkel

Angela Merkel News

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  Merkel Cabinet Poised to Approve Expanded Euro Rescue Fund as Dissent Ebbs

  Updated 2 minutes ago

  German Chancellor Angela Merkel’s Cabinet is today set to ratify expanded measures to combat the euro-area debt crisis as she quells a revolt among coalition lawmakers that threatened to derail the package.

• Bafin-EFSF Capital, Solvency II, BATS, LightSquared: Compliance

  Updated 3 hours, 15 minutes ago

  German financial regulator Bafin opposes a proposal by the European Banking Authority to give the European Financial Stability Facility the power to directly inject capital into banks.

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  Finland’s Collateral Demand Leaves EU Faced With Rewarding Bailout Fatigue

  Updated 3 hours, 25 minutes ago

  Finland’s demand for collateral on new Greek loans leaves European leaders with two choices: accept the AAA rated nation’s terms and risk the rescue plan, or reject collateral and help bring Finnish euro-skeptics to power.

• Spanish Budget Amendment Faces Its First Test in Parliament Amid Rebellion

  Spain’s proposal to write budget rules into the constitution passed its first legislative test today even as members of the ruling Socialist Party criticized the measure and unions planned street protests.

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  Merkel Tells Voters Germany to Emerge Stronger From Sovereign-Debt Crisis

  Chancellor Angela Merkel said that Germany will emerge stronger from the sovereign debt turmoil, as she sought to rally support for her crisis-fighting strategy ahead of elections in her home state in five days.

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  Lagarde Snubbed in Push to Raise Bank Capital

  Germany, Spain and the European Union rebuffed International Monetary Fund Managing Director Christine Lagarde’s call for an “urgent,” potentially mandatory, recapitalization of Europe’s banks.

• France Won’t Build Nuclear Reactors to Make Up for Shutdowns in Germany

  France, which depends on nuclear reactors for about three-quarters of its power needs, won’t build new atomic plants just to compensate for closures in Germany, Prime Minister Francois Fillon said today.

• Merkel Bloc May Lack Majority for EFSF Bill, Handelsblatt Says

  German Chancellor Angela Merkel’s ruling bloc of Christian Democrats and Free Democrats may lack a majority to secure passage of a bill to expand the euro’s temporary rescue fund, the Handelsblatt reported.

• Merkel’s CDU, CSU Coalition Has 32% Support, Bild Reports

  Support for Germany’s coalition government, made up of Chancellor Angela Merkel’s Christian Democratic Union and its Bavarian sister party the CSU, rose 1 percentage point to 32 percent last week, Bild am Sonntag reported, citing a poll from Emnid.

• German Majority Approves of Merkel’s Crisis Handling, FOCUS Says

  A majority of Germans approve of the way German Chancellor Angela Merkel has represented Germany’s interests in the financial crisis, Focus magazine reported, citing a poll by Emnid.

Angela Merkel Photos

Quote

• "At this time-- we're in a dramatic crisis-- euro bonds are precisely the wrong answer."

  - Angela Merkel on Aug 21, 2011

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